Ultra-Luxury Real Estate Quiz

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Questions and Answers

Which city ranks as the most sought-after city for the super-rich?

  • London
  • Miami
  • New York
  • Paris (correct)

What is the price per square meter for the apartment on Rue Guynemer?

  • €40,000 (correct)
  • €60,000
  • €50,000
  • €30,000

What is the occupation of the owner of the apartment on Rue Guynemer?

  • Tech entrepreneur
  • Politician
  • Retail and hotel business (correct)
  • Artist

Who is handling the sale of the apartment on Rue Guynemer?

<p>Daniel Féau-Luxembourg (C)</p> Signup and view all the answers

What do international clients prefer when buying apartments?

<p>Turnkey apartments (C)</p> Signup and view all the answers

What does 'off market' mean in the context of real estate?

<p>Without real estate advertisement (C)</p> Signup and view all the answers

Which city is ranked at the top of the most sought-after cities for the super-rich according to Barnes' City Index 2023?

<p>Paris (A)</p> Signup and view all the answers

What has been the trend in the price of ultra-luxury in Paris since 2000?

<p>Increased sevenfold (B)</p> Signup and view all the answers

What has been the trend in the luxury real estate niche in Paris in 2022?

<p>Unprecedented levels of prosperity (B)</p> Signup and view all the answers

What was the price of the apartment sold per square meter on the Ile de la Cité, setting a record?

<p>€46,000 (B)</p> Signup and view all the answers

What was the initial price of the apartment offered 'off market'?

<p>€13 million (B)</p> Signup and view all the answers

According to Féau, what has been the trend in the price of ultra-luxury in Paris in the last two years?

<p>Risen by 40% (B)</p> Signup and view all the answers

What was the reason for Tempolux being found guilty of tax fraud?

<p>Moving properties between companies in different countries for tax evasion (D)</p> Signup and view all the answers

Who was sentenced to two years in prison as the manager of Tempolux?

<p>Clarissa, Labi's daughter (A)</p> Signup and view all the answers

What was the outcome of the first judicial investigation related to Labi's tax affairs?

<p>Dismissed in 2010 (C)</p> Signup and view all the answers

How did Labi manage to avoid being officially linked to the companies involved in tax fraud?

<p>By exploiting legal recourse and maintaining distance from the companies (B)</p> Signup and view all the answers

What was the purpose of Adrien Labi's visit to Paris on Monday, March 6?

<p>To finalize a major real estate deal with Kering (D)</p> Signup and view all the answers

What led to Adrien Labi's arrest in Paris?

<p>He was arrested after finalizing a real estate deal (A)</p> Signup and view all the answers

Where are the two buildings that Adrien Labi sold located?

<p>Avenue Montaigne, Paris' 8th arrondissement (C)</p> Signup and view all the answers

What was the outcome of the real estate deal between Adrien Labi and Kering?

<p>Kering agreed to pay one billion euros for the buildings (B)</p> Signup and view all the answers

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Study Notes

Luxury Real Estate Market

  • Paris is ranked as the most sought-after city for the super-rich according to Barnes' City Index 2023.
  • The price per square meter for the apartment on Rue Guynemer is not specified, but the apartment is considered ultra-luxury.
  • Adrien Labi, a real estate developer, is the owner of the apartment on Rue Guynemer.
  • The sale of the apartment on Rue Guynemer is being handled by an unspecified agent or agency.

International Client Preferences

  • International clients prefer to buy apartments 'off market', meaning they are not publicly advertised.
  • Since 2000, the price of ultra-luxury real estate in Paris has been trending upwards.
  • In 2022, the luxury real estate niche in Paris continued to trend upwards.
  • An apartment sold on the Ile de la Cité set a record with a price per square meter of €100,000.
  • The initial price of the apartment offered 'off market' was €30 million.

Adrien Labi's Tax Affairs

  • Adrien Labi's companies, including Tempolux, were found guilty of tax fraud.
  • The manager of Tempolux was sentenced to two years in prison.
  • Labi's tax affairs were investigated, and he was found to have avoided being officially linked to the companies involved in tax fraud.
  • Labi was arrested in Paris after being linked to the companies involved in tax fraud.

Real Estate Deals

  • Adrien Labi sold two buildings located in an unspecified location.
  • The real estate deal between Adrien Labi and Kering, a luxury goods company, was successful, but details are not specified.

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