What's happened
Properties in Edinburgh's St James Quarter, including the W Edinburgh hotel and The Mint Building, have been put up for sale by Savills. Meanwhile, actress Jessica Chastain lists her New York City apartment for $7.45 million, and Gwyneth Paltrow is selling her Los Angeles mansion for nearly $30 million.
Why it matters
The sale of these high-end properties in prime locations like Edinburgh, New York City, and Los Angeles is significant in the real estate market, attracting global investors and reflecting the dynamism of these cities. The listings offer insights into the luxury property market and the preferences of high-profile individuals in the entertainment industry.
What the papers say
Savills highlights the exceptional quality and prime location of the W Edinburgh hotel, expecting strong interest from global investors. Lismore Real Estate Advisors emphasizes the rare investment opportunity of The Mint Building in Edinburgh's St Andrew Square. Jessica Chastain's New York City apartment, with its luxury amenities, is featured in Business Insider UK. Gwyneth Paltrow's decision to sell her Los Angeles mansion is detailed by The Independent.
How we got here
The properties in Edinburgh, New York City, and Los Angeles represent prime real estate offerings in bustling urban centers. The sales reflect the attractiveness of these locations to high-net-worth individuals and investors seeking prestigious assets. The listings showcase the diversity and desirability of luxury properties in different global markets.
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