2024-01-28 11:39:15
Perspectives in prestigious real estate, heritage restoration, exceptional projects…Thibault de Saint-Vincent, president of Barnes and Antoine Courtois, president of the Ateliers de France group, reveal the trends in the Figaro immo show.
Le Barnes global Property Handbook
Thibault de Saint Vincent: “Like every year, the Barnes Global Property Handook analyzes the behavior of UHNWI, “Ultra High-Net-Worth Individuals”, a category which brings together the most fortunate, people with at least 30 millions of euros and more, in assets. We are observing an explosion in the phenomenon of “digital nomads”, entrepreneurs who have five or six semi-secondary homes around the world. “
“This is how the ranking of the most sought-after cities is turned upside down. The survey is established on the basis of three criteria. The first criterion is emotional. We invest in a city because of the architecture, the local culture in particular . The second criterion is practical. These are good schools, universities, means of transport. Finally, the 3rd criterion is financial, and is based partly on taxation and the value of real estate.”
Dubai in the lead, Paris 5th
“In this ranking, of the most attractive cities, ten stand out. Those which have solid historical fundamentals: in 3rd place New Yorkin 5th place Paris and in 6th place, London. Among the cities that have questioned themselves: Madrid with its strong urban renewal, its culture, its gastronomy, ranks 4th. There is also Lisbon which has reviewed its taxation, Istanbul10th, which is currently undergoing renovation, attracts enormously.”
“At first place in the ranking Dubaiwhich projects itself into the future, incredibly open with 97 % of expats who have excellent schools. No taxation for individuals, 9% taxes for businesses, security, services…In second position, Miami which attracts many people arriving from Boston, New York, California and who come to settle there. “
The prestigious real estate market
Thibault de Saint Vincent: “In a multi-speed market, the one who has suffered the most is the one up to 3 has 4 millions of euros. Buyers have been impacted by the sharp rise in rates. Some have given up on buying due to bank refusals, which was rare in the past for this type of clientele. The drop in transactions was of the order of 20 %. We will have to wait for a transition phase before this market stabilizes again. The slight drop in rates should make it possible to revive activity. On the other hand, the very high-end market comprising houses or apartments priced above 4 million euros is still doing well, with a number of transactions in 2023 higher than in 2022. “
The Ateliers de France group
Artisans serving heritage and luxury
Antoine Courtois: “We started with a very small company, Mériguet-Carrère, specialist in high decoration. For Paul Mériguet, “we either do things well or we don’t”. We were educated in this spirit. Over the years, we have brought together the same entities as the Mériguet workshop, with different specificities and know-how. Each time with the same fundamentals: great technical knowledge of the professions practiced. A love of the profession, an idea of service, of quality. Anything that can push us up. Today, with the group French workshopswe cover almost all professions and this takes us to the most beautiful buildings around the world. 50 % of our activity is abroad.”
“Our group brings together Houses which have in common, the love of things well made. What sets us apart: we use our own workforce. Our development is not based on subcontracting. It is a deliberate choice. We have become a general contractor with a unique position, we are on absolutely incredible sites and that makes us happy.”
From the restoration of Alès Cathedral to ironwork work for Boucheron, including the Opéra Garnier, the Yves Saint-Laurent houses, the Maritime Museum, Carnavalet, Notre-Dame…in France but also abroad. international…Public buildings classified as historic monuments, renowned hotels or private residences…the Ateliers De France group uses its own workforce with perfect technical knowledge of the trades.
Gilder, stonemason, marble worker, sculptor, plasterer, ironworker, carpenter, bronze erector, decorative painter…The love of a job well done and respect for the rules of the art.
The excellence and know-how of companions, services in all trades, own production sites, the love of beauty.
The full video of the show
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