Mansion Global Daily: Iconic Canadian Home Finally For Sale, Queen Elizabeth Real Estate Portfolio Lost £ 76 Million Profit And More

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BITES NEWS

Queen Elizabeth Real Estate Portfolio Lost £ 76 Million Profit

Queen Elizabeth’s real estate manager, crown Estate, said its profit for the year to March fell nearly £ 76 million ($ 106 million), down 22% from last year. However, the group’s total property portfolio rose 7.5% to £ 14.4bn, reflecting the £ 2.1bn sale of wind farm leases. The keeper

Luxury goods sales in London rise 20% in April to £ 817.4 million

Wealthy international buyers are returning to London’s prime markets as the political climate in the UK stabilizes. In the six months to April, the capital saw a 20% increase in luxury goods sales compared to the same period last year, which totaled £ 817.4 million ($ 1.136 billion). The mega-million-dollar sales this year included a 45-bedroom palace overlooking Hyde Park for £ 210 million, and a penthouse and two adjoining apartments in One Grosvenor Square for over £ 138 million. Evening standard

Castle mansion in Melbourne sells for over $ 22 million

The castle mansion in Turak, an inner suburb of Melbourne, has sold for an asking price of A $ 22 million ($ 16.7 million) to A $ 24 million. Dating back to the 1880s, this Italian Victorian home has six bedrooms and three bathrooms. It features a tennis court, swimming pool, Tuscan-style garden and observation tower overlooking Melbourne. The hotel was once owned by TV presenter and comedian Steve Wizard. Domain

Miami Beach Mansion Designed by Italian Architect Achille Salvagni Cuts Price By $ 2 Million

The 7,951 square foot Miami Beach mansion designed by Italian architect and designer Achille Salvagni is up for sale again for $ 19 million, down $ 2 million from its original listing price in March. The newly completed home with curved interiors and walls has seven bedrooms, seven bathrooms, a double-height living room with fireplace, a formal dining room and a chef’s kitchen. Outside, there is a 90-foot infinity pool, changing room, private jetty and 111 linear feet of water surface. Guardian of the Sun

AROUND CORP NEWS

Natural pool owners say goodbye to chlorine and other chemicals [The Wall Street Journal]

The housing market is showing signs of softening – has it exceeded the limit? [realtor.com]

Talking Heads’ David Byrne buys $ 5.5 million mansion on Toluca Lake [New York Post]

Epic Sydney Home comes with skateboard ramp [news.com.au]

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