International - Sueep

Top 3 more expensive celebrity real estate deals of 2021.

The Weekend $70million: One of the most expensive LA real estate deals of the year was recorded by The Weeknd for $70million. The 33k sqft property overlooks the bel air country club⁣

Jeff Bezos $78Million⁣: Bezos and his partner Lauren Sanchez have reportedly completed an off-market deal on the island of Maui worth $78milion. The property includes 14 acres of land and a totally private white sand beach.⁣

Calvin Klein $85Million⁣: The biggest transaction of 2021 saw Calvin Klein, the famous designer, offload his Hamptons property in an off-market deal for $85million dollars. The 8.5-acre spread marks the last of Klein’s properties in the Hamptons.⁣

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3 reasons why you should buy real state in the metaverse.

This past week there were 2,930 sales of metaverse properties totaling over $43million.

1. Commercial names like Nike have jumped into space. Just recently the company acquired a company that makes NFTs sneakers that only exist in the metaverse.

2. Real estate developers are dumping money into the space. Virtual real estate developer Republic Realm broke a record by purchasing 4.3 million pieces of land in the metaverse platform the sandbox.

3. Virtual real estate’s first millionaire came in 2006. Ailin Grafe building virtual real estate.

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Proptech: The boom of the digital real estate business

The Wall Street Journal, citing data from CB Insights, reported that investors and venture capitalists invested $ 9.5 billion in the technology sector on mid-November. This amount of money exceeded by half a million dollars the investment in Proptech throughout 2019, the previous record.

It is important to define that the Proptech concept , composed by the words “property” and
“technology”, is a generic term for all companies, corporations and organizations that use
technology to redefine, improve or digitize any aspect of the real estate industry.
In the same way, technical tools used in the real estate industry include owner analysis, building performance data, market analysis research, and more.

A clear example of this growth is related to the residential sector, Place, which provides
technology and business services to real estate professionals, recently announced the closing of a $ 100 million financing round led by Goldman Sachs Asset Management. This puts the value of the business in a billion dollars.

For this reason every day the importance of investment grows and the arrival of companies is
rising day by day in the digital world of real estate business.

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