Business & Finance
Monaco strikes €150 million land swap deal to unlock new housing in Larvotto and Jardin Exotique
The Monaco Government and National Council have taken decisive, collaborative steps to ease the Principality’s housing crunch, exchanging prime public land in Larvotto for the opportunity to build up to 90 new state apartments in Jardin Exotique.
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The financial markets’ focus this week will remain divided between economic fundamentals and the uncertainty around the coronavirus outbreak. On the data front, the week is due to be relatively...
Ukraine oligarch buys €200m villa
Ukraine’s richest man Rinat Akhmetov has been revealed as the mystery buyer of a historic €200 million villa in Saint Jean Cap Ferrat.
Planning for family succession
Mark Estcourt talks about the importance of families and their professional advisors to remain focused on planning for succession.
Monte-Carlo Casino receives two awards
The Monte-Carlo Casino has retained its position as the world’s leading gaming venue, taking out ‘Casino of the Year 2020’ and ‘Best Gaming Operator UK & Europe 2020’ by ICE London.
Electric car brand Venturi celebrates 20th year
Twenty years ago, when Gildo Pastor first acquired the French firm Venturi and made the decision to switch to building electric cars, no one thought he’d succeed. Boy, were they wrong.
2019 real estate trends
Despite a shortage of new properties, €2.8 billion worth of real-estate transactions took place in Monaco in 2019, with three-bedroom resale apartments doubling in value, according to IMSEE.