Business & Finance
Monaco leads the world in UHNW density as global luxury property map shifts in 2025
New insights from Altrata’s Residential Real Estate 2025 report reveal that the global ultra-wealthy elite are becoming more mobile, strategic, and city-savvy – and Monaco remains a standout with the highest density of ultra-high-net-worth homeowners anywhere in the world.
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Ceiling for LEP savings accounts raised to €10,000 in France
As of 1st October, account holders in France can now keep up to €10,000 in a LEP savings account, with a remuneration rate of 6%.
Monaco’s ‘Attractiveness Unit’ on a mission in London
The newly conceived ‘Attractiveness Unit’ has joined some of Monaco’s biggest economic groups for a mission to the UK capital to showcase the assets of the Principality.
SBM to officially acquire luxury resort in chic Courchevel within the week
On 3rd October, SBM President Stéphane Valeri will sign a deal to acquire property in the chic winter resort of Courchevel for an undisclosed sum. The former National Council president calls it his...
Fraser Yachts acquires Atalanta Golden Yachts
Fraser Yachts has acquired a majority interest in the Greek yacht management company Atalanta Golden Yachts (AGY) based in Athens, Greece.
SBM recruitment drive this October
Monaco’s largest employer, SBM, is holding a recruitment day on Tuesday 3rd October to fill jobs on offer at the resort’s luxury establishments including the flagship Café de Paris and Amazonica...
House prices on the rise in Provence-Alpes-Côte d’Azur, but falling elsewhere in France
National property prices fell by almost 1% during the second quarter of 2023, building on a downward trajectory observed since the start of the year. Almost every French region noted similar figures,...
