This week, Bull and Bear discuss a sector they can only dream about ... the luxury real estate market.
Bull discusses how the market is being transformed by the increasing numbers of ultra high net worth individuals globally, as well as the transfer of wealth to younger generations which is evolving how luxury brands operate.
Luxury real estate has performed well in the face of tricky economic conditions, and going forward, brands are requiring more space as they move towards offering a more personalised all-round customer experience.