large leopard standing on rock
Lush rainforest with waterfalls

Argentina is one of Geoffrey Kent’s must-visit destinations for 2020. Image by Jonatan Lewczuk

LUX columnist and Abercrombie & Kent founder Geoffrey Kent reveals his hottest destinations for the new year plus top tips of what to see and do

Egypt

Egypt has an enduring appeal with its mesmeric relics, atmospheric souks, and natural wonders. After the tumult of recent years, the Land of the Pharaohs is making a deserved comeback. In 2018, more than 11 million tourists visited Egypt, and the World Tourism Organisation has since named the country the world’s fastest-growing travel destination. In the latter half of 2020, the Grand Egyptian Museum is finally set to open. Encompassing 500,000 square metres, this vast exhibition space will showcase an omnium-gatherum of Ancient Egyptian finds – 30,000 of which have never been exhibited in public before.

My top tip: Egypt is a place where it’s imperative to have an experienced local guide so that you can truly appreciate this ancient civilisation’s history and culture.

Follow LUX on Instagram: luxthemagazine

Egyptian pyramids with camel trail

‘Egypt has an enduring appeal with its mesmeric relics, atmospheric souks, and natural wonders’

Sri Lanka

The ‘teardrop of India’ brims with lush landscapes, ancient treasures, and rich cultural heritage. Successive waves of Indian, Arab and European traders flocked to Sri Lanka’s palm-fringed shores, attracted by rare spices, precious stones, and magnificent elephants. Today ancient cities, tea plantations, and hill stations vie travellers’ attentions, alongside eight UNESCO World Heritage sites, great beaches and national parks with an abundance of wildlife. On a Sri Lanka holiday, a large dose of tropical warmth awaits, in both the weather and the welcome.

My top tip: Sri Lanka is home to the biggest leopards that I have seen anywhere – be sure to spend time in Yala National Park, where dozens of these magnificent cats live.

large leopard standing on rock

Geoffrey Kent recommends visiting Sri Lanka’s Yala National Park to see leopards

Argentina

There are few places in the world where you can feel the same sense of vastness and isolation that you can find in Argentina’s breathtakingly rugged landscapes. Voyage to Argentina in 2020 to experience one of nature’s most magnificent events: a total solar eclipse. Set to take place on 14 December, this aligning of celestial bodies will be visible from just a few South American countries. In Argentina, the event will briefly plunge northern Patagonia into darkness in the middle of the afternoon. Be among the few to witness this rare, magical moment in a region already famed for its spectacular scenery.

My top tip: If you go this year, you can become one of the first guests to stay at the explora Patagonia Argentina, the latest in the hotel group’s roster of exemplary eco-lodges.

Read more: An evening of contemporary art and fine dining with Gaggenau

Large glacial lake surrounded by mountains

Nahuel Huapi, a large glacial lake surrounded by the Andes Mountains in Argentina

Laos

Until recently, Laos was in the shadow of its more famous Indochinese neighbours. It has often been overlooked by travellers considering a visit to South-East Asia. This country’s charm and authenticity are drawing a growing number of visitors to its lesser-travelled trails, however, and we expect the trend to continue in 2020. Step back in time as you explore this nation of jungles, temples, hill-top villages, and ancient relics for yourself, free of the frantic pace of so many other Asian cities.

My top tip: Go in the forthcoming year to discover the Plain of Jars for yourself. Stretching across the Xiangkhoang Plateau, this vast archaeological site features thousands of enormous stone vessels, scattered by a past civilisation whose culture remains a mystery. While folklore suggests the jars belonged to giants, further excavations in 2019 point instead towards a more anthropological answer: that this was once a burial ground. Visit this hard-to-reach UNESCO World Heritage Site by flying in via helicopter, accompanied by an expert guide.

Exotic waterfalls with blue waters

Geoffrey Kent predicts Laos will grow in popularity as a travel destination in 2020

Ethiopia

Ethiopia is one of Africa’s most enthralling – and often overlooked – destinations. Following on from an incredible trip there in late 2019 – one of my Inspiring Expeditions – it easily earns its spot on my list for this year. I can recommend thoroughly. Situated in the Horn of Africa, it’s a land of dramatic contrasts – stunning lakes and mountain ranges as well as the Blue Nile. It is home to strikingly diverse and beautiful people such as the Kara, the Hamar, Mursi, and Nyangatom to name but a few – proudly independent, who have never been subjugated in modern times. The rock-hewn churches of Lalibela offer historical intrigue, while the other-worldly Danakil Depression and wildlife of the Simien and Bale Mountains are a major draw for nature lovers. Whether in the bustling cities or remote highlights, you’ll find an abundance of history, tradition, and goodwill.

My top tip: Visit during the annual Irreecha thanksgiving festival of the Oromo people in Addis Ababa. Witness freshly cut grass and flowers being placed in water – a traditional offering that thanks God for the end of the rainy season and the start of spring. It’s a fantastic opportunity for immersion in this aspect of the country’s culture.

Winding Mountain road

Ethiopia is one of Africa’s most enthralling – and often overlooked – destinations, says Geoffrey Kent

The Arctic

Celebrate the audacity of exploration on an extraordinary cruise through the rarely traversed Northwest Passage. In 2020, A&K’s Ultimate Iceland & Greenland luxury expedition cruise will be led by a modern explorer, famed mountaineer Alex Pancoe, who just completed the Explorers Grand Slam, an adventurers’ challenge consisting of climbing the seven summits—the highest mountains on each continent—as well as cross-country skiing the final degree to the North and South Poles. Accompanied by Pancoe, voyage from western Greenland to Nome Alaska. Following in the footsteps of Leif Erikson (Erik the Red), who founded the Viking colony in Greenland and ventured to Newfoundland a full 500 years before Columbus, and coming in the wake of more recent great explorers such as Roald Amundsen and Robert McClure.

My top tip: an exceptional expedition crew and luxurious ship make all the difference when travelling to the poles.

Travel expert Geoffrey Kent pictured on a cruise ship in the arctic ocean surrounded by glaciers

Geoffrey Kent cruising the Arctic Ocean

Find out more: abercrombiekent.co.uk

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Reading time: 5 min
Prosecco bottle against brown background
Prosecco bottle against brown background

Ombra Di Pantera is a new producer of Prosseco, and businessman Utsava Kasera’s latest investment

Utsava Kasera is an entrepreneur and investor with interests in luxury brands, fashion, art and tech. Most recently, his attention has turned to new Prosecco brand Ombra Di Pantera. Here, he tells us about this latest investment, finding a gap in the market and his new year ambitions

Man in suit and bow tie

Utsava Kasera

1. How did you first come across Ombra Di Pantera?

I always wanted to be involved in the drinks industry and the stars aligned when I met the other promoters of Ombra Di Pantera over a lunch through a common connection. The opportunity looked very good and we are on an exciting journey now.

Our inspiration for ‘Ombra’ is delivered from a unique heritage and a fabled history which stretches back to the Roman wines of antiquity. In ancient times, traders who served wine in Venice’s Piazza San Marco would follow the shadow of the Campanile to cool their wine as there was no refrigeration, and the Venetian expression, ‘Ombra de Vin’, meaning ‘Wine’s Shadow’, is still used to order Prosecco in its original heartland. Another interesting fact about Prosecco is that typically a glass contains fewer calories than wine and there is a town called Prosecco nearby Venice, where the name of this bubbly comes from.

Follow LUX on Instagram: luxthemagazine

2. What drew you to invest in the business?

The huge demand for Prosecco in the UK and lack of branding around it gives an opportunity to fill a missing gap in the market. The sales of Prosecco have overtaken champagne in the UK, which is now the second biggest market in the world after the US. Besides that, it’s a delicious Prosecco which embodies the elegance of Italian luxury and I believe it has the potential to make its mark in the sparkling wine world.

3. What sets Ombra Di Pantera’s Prosecco apart from other brands?

Ombra is traditionally crafted from a single vintage, using superior Glera grapes from our delicately cultivated Conegliano vineyard, to deliver a pure expression of the very finest Prosecco. The Prosecco is created ‘in bianco’, meaning the fermentation is without the skins creating the delicate sparkle that is captured over 60 days to produce a fine, persistent perlage. The steep hills of the vineyard provide the perfect conditions to grow  Glera grapes, which require cultivating and harvesting by hand relying on traditional methods refined over a thousand years. Ombra Di Pantera is dedicated to celebrating the traditional heritage and craftsmanship of Italian viticulture to deliver an authentic, exclusive Prosecco experience and can stand up to any high quality champagne or sparkling wine in blind tasting.

Vineyard with lush green vines

Ombra Di Pantera’s Prosecco is made from Glera grapes grown on their vineyard in Conegliano

4. How does the company fit into your wider investment portfolio?

My investments are across a wide spectrum of industries from tech to hospitality. I particularly invest in industries and projects, which I am passionate about rather than just looking at the numbers. Having said that, Ombra compliments a couple of my investments, which are in private members club, one called 1880 in Singapore and a wine bar chain in London called Vagabond.

Read more: Knight Frank’s Andrew Hay on the best emerging markets for real estate investment

5. What are your ambitions for 2020?

I would like to focus on making Ombra di Pantera bigger by aligning with more luxury partners and concentrate on strategic growth of the brand. I am also a co-founder of ‘Sidehide’, which is a tech app for hotel booking, providing a seamless experience for users and I will be involved in the launch and marketing campaign during 2020. Lastly, I would like to do some volunteering work with one of the charities I am involved with, and learn to play the piano.

6. How do you switch off?

I have a passion for whiskies and cognac. Enjoying a dram of Springbank 21 years whisky or Louis XIII cognac in company of friends relaxes me. Recently, I have started taking out time to cook and I am enjoying it at lot. Travelling is another passion and therapy of its own kind for me.

For more information visit: ombradipantera.com

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Sculpture of a head standing on a counter in a kitchen
Sculpture of a head standing on a counter in a kitchen

A sculpture by LouLou Siem installed in Gaggenau’s Mayfair showroom

Last Wednesday evening the doors of Gaggenau’s Mayfair showroom were locked for a private party hosted by LUX with an exclusive art installation by LouLou Siem. Here, we recall the event

If you happened to be wandering past Gaggenau‘s showroom last week, you might have raised an eyebrow as sculptures of human heads were passed through the door. These were the works  installed by LouLou Siem for a private evening event hosted by Gaggenau in collaboration LUX.

A small gold head sculpture inside an oven

Sculptures shown in kitchen setting

Here and above: sculptures by LouLou Siem installed inside the Gaggenau showroom

The artist’s heads and various other sculpted objects appeared looming on counter-tops and illuminated in ovens, lending a touch of macabre to the sleek kitchen interiors. The space provided a unique setting in which to not only view the art, but also appreciate the contrasting textures of the sculptures and Gaggenau’s appliances.

Follow LUX on Instagram: luxthemagazine

The evening began in proper with a champagne tasting led by LUX Editor-in-Chief Darius Sanai. A champagne collector and self-professed geek, Sanai introduced four champagnes showing the different styles of what he considers an under-appreciated wine. Guests started with a Louis Roederer Brut Nature 2009, a champagne with zero dosage (effectively, no sugar added) with a label designed in collaboration with Brut Nature fan Philippe Starck. Next was a Louis Roederer Blanc de Blancs 2010, made with 100% Chardonnay in a clear, bright style. Next, a Blanc de Noirs, a champagne made with 100% Pinot noir grapes, showing a richer, deeper style. And finally, Louis Roederer Vintage 2012, which was full-bodied, broad and complex.

Artist with artworks in showroom

Two women in conversation on high stools

Above: LouLou Siem with her artworks. Here: The artist in conversation with LUX Digital Editor Millie Walton

Then followed a live Q&A in which LouLou discussed her practice and installation concept with Digital and Arts Editor Millie Walton. After which, guests descended downstairs for dinner and to admire LouLou’s table installation of gold heads arranged on a bespoke table-cloth with small ghostly faces placed on each napkin.

Read more: Why Crans-Montana is the perfect early-season ski resort

The menu, devised by acclaimed chef Henrik Ritzen, followed a Swedish theme with a main course of fallow deer, caramelised celeriac puree, and lingonberries, followed by frozen vanilla parfait and warm almond cake served in soup made from dried rose hips.

Artworks on a table setting

Small ceramic face on napkin

Guests dined amidst the artworks with a menu by acclaimed chef Henrik Ritzen

For more information visit: gaggenau.com

 

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Reading time: 2 min
installation view of artworks on gallery wall
installation view of artworks on gallery wall

Installation view of Lethe by Henrik Uldalen at JD Malat Gallery, Mayfair

Henrik Uldalen is a self-taught artist, who caught the attention of gallerist Jean-David Malat via his Instagram account. His impasto portraits depict the tumultuous variety of human emotion. Following the opening of his second solo show Lethe at JD Malat Gallery in Mayfair, we speak to the artist about inspiration, social media and the colour pink.

Artist sitting in sutdio

Artist Henrik Uldalen in his studio

1. Can you tell us about the concept for Lethe?

The show, in broad terms, is about history versus the collective memory, and how the zeitgeist of our time is polarising the society with the use of fear and glorified notions of the past.

2. What inspires you to start a new series or artwork?

Most of time I don’t need inspiration to start a new series. The need to create and express is always within, and if I don’t get it out of my system I know I won’t be a happy man. Over the years I’ve come to learn this about myself, and how to practically force myself out of the door in order to function as a person.

Follow LUX on Instagram: luxthemagazine

3. Are the figures you paint imagined or drawn from personal memories?

The people you see are models that I approach, but all the figures are also me. Every piece I make is a self-portrait projected onto a stranger, expressing my inner most intimate feelings and moods.

Abstract portrait painting of a woman

Artwork by Henrik Uldalen

4. How do you think social media is impacting the way we view art?

Social media is a blessing and a curse. The way you’re able to reach out to people across the globe with the click of link is mind boggling. Especially growing up in a small town in Norway this impacted my career in a massive way. Unfortunately, I find social media too superficial and narrow to be able to convey any deeper meanings from the artist to the viewer. In the same way that you can’t fully appreciate a beautifully cooked dish described through even the most flowery language, you’re not able to feel a painting as you’re supposed to in a split second over a 13x7cm phone screen.

Painting of figures embracing against pink background

Artwork by Henrik Uldalen

5. The portraits in Lethe are set against a pink background. What significance does the colour have for you?

The colour pink in this exhibition represents the veil we cover our eyes with when we think back on our past. A comforting lie, telling us that everything will be fine as long as we return to our glory days.

Read more: Galerie Maria Behnam-Bakhtiar opens in Monte-Carlo

6. Which artists have most influenced your practice?

I usually look for inspiration in  fields of art other than my own. Movies, TV, books, plays and music are my main sources. I need to not understand the technical aspects of the artwork if I’m to appreciate the piece fully. If I see a painting I would immediately look for compositions, colour combinations and brush strokes, but in reality, I should just feel the piece of work.

‘Lethe’ by Henrik Uldalen runs until 11 January 2020 at JD Malat Gallery, 30 Davies St., Mayfair. For more information visit: jdmalat.com

 

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Luxurious interiors of a beach villa bedroom
Luxurious beach front villa

The One&Only Kéa Island resort is situated on a 60-hectare beachfront site on the west side of the island

Due to open in 2021, One&Only Kéa Island is a luxury resort offering private residences on the little-known Cycladic island of Kéa. The development is being overseen by global real estate investor Dolphin Capital Partners in partnership with Kerzner International and will comprise 75 beachfront villas alongside the hillside homes. Here, we speak to DCP’s Founder and CEO Miltos Kambourides about the project and why Greece is set to be the next big destination for luxury residential developments

Man in white shirt with beard

Miltos Kambourides

1. Can you talk us through your vision for the One&Only Kéa Island development?

Our vision for One&Only Kéa Island is simple and ambitious: create the ultimate luxury resort with private residences – not just on the Aegean shoreline, but for the entire Mediterranean. That is a bold statement, however, we are committed wholeheartedly to delivering this project and our vision for turning Kéa into a world-class destination, for the community of Kéa, the visitors it attracts, and the new residents of the resort.

Follow LUX on Instagram: luxthemagazine

2. What are some of the challenges that you’ve faced with the project?

With any project there are always challenges, you’d be naive in thinking that wasn’t the case. Having been responsible for a number of leading hotel and residences around the world – such as Amanzoe [Greece], Amanera [Dominican Republic], Pearl Island [Panama], – we are used to the usual challenges that such ambitious projects face.

For a development of this scale, challenges such as building permissions have been a lengthy process. However, we are committed to getting this right, and considerable thought and detail has gone into every element of One&Only Kéa Island.

3. Do you gain inspiration for developments through your own travel experiences?

Greece is home, and while I always draw inspiration and ideas wherever I go, as they say: home is always where the heart is. Being able to work on another iconic Greek project means so much to me personally, and to Dolphin Capital as a leading Athens-based developer, and together we are looking forward to creating another world-class destination.

Beach resort with luxury homes

The resort will include 75 villas, as well as a limited number of One&Only Private Homes available for purchase.

4. What has it been like working on Kéa Island?

Despite its proximity to Athens, Kéa is still an undiscovered island. We enjoy the support and encouragement of the locals, Athenians and citizens of the world who call Kéa their summer home.

Kéa is an island full of picturesque villages with quintessential blue, white and terracotta coloured villas surrounded by olive grove filled landscapes and pristine turquoise beaches, it’s one of the most scenic islands in the Cyclades. So overall, not a bad place to work!

Read more: Knight Frank’s Andrew Hay reveals where he would invest $200m on real estate in emerging markets 

Working closely with the community is critical for any project, no matter how big or small the development is. We are extremely committed to developing in unique locations and supporting our local economy, to create incredible destination retreats. One&Only Kéa Island will present a beneficial return to all: creating new jobs, sensitively developing the region and offering investment.

Luxurious interiors of a beach villa bedroom

An example interior of one of the luxury villas

5. Where do you predict the next desirable location to be for luxury residence developments?

It is without a doubt definitely in Greece. Greece is thriving at the moment. Where exactly, I couldn’t tell, but I am looking forward to seeing what the future holds.

6. Where’s next on your travel wish-list?

I spend nearly half of my time travelling, which is exciting and means I get to see some incredible destinations. Due to the nature of my job, and my passion for exploring the world, I’ve been lucky enough to visit 137 countries. So with regards to my wish list, it has got to be somewhere I haven’t yet been. I am constantly in search of new places to travel to, over the next few months I’ve planned to go to Tunisia, New Zealand and Madagascar, and can’t wait to keep adding to this list.

For more information visit: oneandonlyresorts.com/kea-island; dolphincp.com

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Panoramic image of alpine scene
Panoramic image of alpine scene

Crans-Montana sits on a high shelf above the Rhône valley with panoramic views of the Alpine peaks. Image by Denis Emery

Looking for the perfect early-season ski break? Crans-Montana has it all, from sunny slopes to spectacular views across the Swiss Alps – and an epicure’s delight of a Christmas market as LUX Editor-in-Chief Darius Sanai discovers

Matterhorn; Mont Blanc; Weisshorn; Dent Blanche: for Alpinists these are among the superstar peaks of Europe, rising 4500m or higher above sea level. When you go skiing, you are usually tied to a vista of one or two of these celebrity peaks: think Zermatt and the Matterhorn, or Chamonix and Mont Blanc.

Follow LUX on Instagram: luxthemagazine

In this Swiss resort of Crans-Montana, though, you are treated to a panorama of all of them, at once. The resort sits on a high, sunny, tree-lined shelf above the deep Rhône valley which runs from Lake Geneva towards central Switzerland. From the top lift station, Plaine Morte, you have in front of you a vista that encompasses the peaks of every ski resort from Saas-Fee, in the east, via Zermatt and Verbier, to Chamonix, in the west. Even the view from the village itself is exceptional, sweeping across the vineyards of the Rhône valley far below and over towards Italy.

Picturesque snowy alpine village

The ski resort is split into two main villages, Crans and Montana.

The view in itself would be a reason to visit this most established of Swiss resorts, but right now there are numerous others. The resort is split into two main villages, Crans and Montana, a kilometre or so apart on the high shelf. We visited last week when Crans had just opened its annual Etoile Bella Lui festival on its high street. Stemming from a local myth, the festival features more than a dozen restaurateurs (some of them Michelin-starred) setting up shop in wooden huts along the high street, selling one food dish each – ranging from venison burgers to foie gras, via the most delicious fillet steak/balsamic glaze/garlic chip and truffle brochettes we have ever had.

Christmas food stalls in Alpine village

Alpine festival with food stalls

The Etoile Bella Lui festival in Crans sees restaurateurs set up shop with wooden huts along the high-street

The stalls each also sell a pair of local wines by the glass. And you can dismiss your memories of gauche Alpine vino right now: the vineyards in the valley below Sion make some of Europe’s most celebrated “small producer” wines, from white grapes such as Petite Arvine and Heida, and rounded Pinot Noir based reds. Our favourite is Cornalin, a Swiss red grape variety; we were served an example suffused with spicy, plummy zinginess at one of the stalls and couldn’t bear to leave. These are wines to match the Michelin-starred food huts.

Read more: Galerie Maria Behnam-Bakhtiar opens in Monte-Carlo

Glowing ferris wheel in Alpine setting

Rides on the Ferris wheel boast 360 degree views of the surrounding landscape

Below the high street is the Lantern walk, an enchanting night-lit path illuminating the story of they local legend, and a Christmas market with a Ferris wheel with a difference: ride to the top, and you have an enhanced 360 degree view of the valley below, mountains beyond, the lakes around Crans, and the ski pistes above.

Skiier on a slope down into the valley

One of the resort’s spectacular red runs: the 4500m high Weisshorn is the razor-edge peak directly under the sun

Ah, and the skiing. The snow fell big last week, with more (hopefully) scheduled for next week. Crans-Montana is one of Switzerland’s most established ski areas, although it is better known among the Swiss and French than the international crowd that visits nearby resorts like Verbier or Gstaad. The runs are mainly a mixture of reds and blacks, and they are a delight: long, winding, interesting, starting at nearly 3000m and dropping down to resort level at 1500m, through a variety of landscapes from glacial rockscapes where mountain goats balance precariously on rock towers above you, to wide, sunny runs through the woods. The whole mountain is south facing, making ideal for now, when any sun is a welcome respite from winter temperatures. And everywhere, you have the views: from the top station you can see the three highest mountains wholly inside Switzerland (Dom, Taschhorn and Weisshorn, since you asked), the highest mountain in Europe (Mont Blanc) and the most famous (Matterhorn), all towering across distant valleys. From the village the view is hardly any worse, and there is a feeling of light and space and panorama everywhere you go.

The perfect resort for an early-season ski trip? We think so, and we are going back.

The Etoile Bella Lui festival runs until January 5. For more information visit: crans-montana.ch

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Reading time: 4 min
Installation view of three abstract paintings
Installation view of contemporary art exhibition

Installation view of Human Being, Being Human by Farzad Kohan at Galerie Maria Behnam-Bakhtiar

Last week saw the opening of Monaco’s latest contemporary art gallery Galerie Maria Behnam-Bakhtiar. LUX recounts the evening

On Thursday evening last week, the doors opened to Galerie Maria Behnam-Bakhtiar with an exhibition entitled Human Being, Being Human by Iranian artist Farzad Kohan. The gallery is the brainchild of Maria Behnam-Bakhtiar, wife of artist Sassan Behnam-Bakhtiar, and will offer a programme of exhibitions by international established and emerging artists.

Man and woman stand on terrace

Maria Behnam-Bakhtiar with her husband and artist Sassan Behnam-Bakhtiar

Follow LUX on Instagram: luxthemagazine

A glamorous crowd of visitors admired Kohan’s latest collection of colourful abstract paintings, which focus on the power of positive messaging. The textured canvas are etched with lines of English or Farsi script, which are repeated to give the impression of a mantra.

Installation view of three abstract paintings

Installation view of Human Being, Being Human by Farzad Kohan

Those in attendance included Sassan Behnam-Bakhtiar, alongside Game of Thrones actress Laura Pradelska, Star Trek actress Alice Eve and British model Neelam Gill. Following the private view, guests enjoyed an exclusive dinner at Yacht Club de Monaco hosted by Maria Behnam-Bakhtiar.

Woman in pale blue suit stands in front of painting

Model Neelam Gill attends the launch party and private view

Guests stand in front of screen

LUX Editor-in-Chief Darius Sanai with guests at the launch party

Galerie Maria Behnam-Bakhtiar is located at 45 Avenue de Grande Bretagne 98000, Monaco. For more information visit: mariabehnambakhtiar.com

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Reading time: 1 min
Large cityscape shot at night
Large cityscape shot at night

The number of ultra-high-net-worth individuals in the Philippines is forecast to grow at the the second fastest rate of any country, says Knight Frank’s Wealth Report 2019. Pictured here: Manila

Portrait of a man in a suit

Lord Andrew Hay. Image by John Wright

Lord Andrew Hay is Global Head of Residential at Knight Frank, the international real estate consultancy, and has built up property portfolios for some of the wealthiest people in the world. In this regular column, he is handed a theoretical sum of money by LUX and asked how he would invest it. This month, we asked Lord Hay where he would invest if he had $200m to spend on real estate in emerging markets

“Where would you invest if you had $200m to spend on real estate in emerging markets?” It seemed appropriate that I was asked this question by LUX having just returned from a business trip to Manila. With the Philippines front of mind – this is where I would start.

Follow LUX on Instagram: luxthemagazine

As reported in The Wealth Report 2019, the number of ultra-high-net-worth individuals (UHNWIs) in the Philippines is forecast to grow by 38% in the five years to 2023, the second fastest of any country. In Manila, the Business Processing Outsourcing (BPO) facilities sector is rapidly growing – currently employing 1.5m Filipinos, 1.5% of the population, and accounting for 7.5% of the economy – with the government aiming to expand this to 10-11% in 2020. This growth has boosted office rents within the metro Manila region as well as the residential market as investors snap up multiple units to lease out to BPO employees working nearby.

I would then move my attention to India. Recently the Government of India has put in place a growing number of incentives to enter India’s warehousing sector and this is an area, which seems ripe for investment. The new ‘Make in India’ programme was created to encourage manufacturing; the development of multimodal transport networks and the setting up industrial corridors such as The Delhi Mumbai Industrial Corridor (DMIC) are also supporting growth in the market.

Large city shown from bird's eye view

India’s warehousing sector is ripe for investment, according to Knight Frank’s Andrew Hay. Pictured here: Mumbai

My focus would then turn to an investment in South Africa and to something that appeals to me on a more personal level – a game lodge and reservation. As interest in climate change, sustainable tourism and the concept of “natural capital” grows around the world, there is an increasing focus on Africa. Much of this is centred on South Africa and projects that can add significant value to denuded agricultural land, especially if the “Big 5” are in residence.

Read more: Why we love the Richard Mille x Roberto Mancini RM 11-04 timepiece

Back to Asia, I would look to South Korea. The government recently introduced a pre-sale price cap policy in an effort to cool its housing market. However, this currently only applies to four areas in Seoul. House prices in certain prime areas of the city have been recording price growth in excess of 15% year-on-year over the last 12-18 months, as developers rushed to redevelop older buildings. Going forward, this move is expected to rapidly cool speculation in the market and reign in accelerating prices but there is still an opportunity to invest here.

Small provincial town with old fashioned houses

There are no restrictions on foreign nationals acquiring property in Romania, making entry into the market easier for investors, says Andrew Hay

I would then consider closer to home in Europe – the Romanian prime residential market. It recorded promising results in the first half of 2019 and, according to Knight Frank, 60% of developers active in the local market expect price increases of up to 10% per square metre in the next year. There are no restrictions on foreign nationals acquiring property in Romania either, making entry into the market easier for investors than many other markets.

Perhaps not the most glamorous of locations or assets but nonetheless a diverse and interesting portfolio and this is where I would invest $200m if considering investment across some of the world’s emerging markets.

Find out more: knightfrank.co.uk

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Reading time: 3 min
Cosy hotel bar lounge area with fireplace
Cosy hotel bar lounge area with fireplace

Boutique hotel Les Manoir de Portes de Deauville offers a homely kind of luxury in the heart of Normandy

Located just two hours from Paris, Deauville has long been a chic weekend destination for Parisians and now with the newly opened boutique hotel Les Manoirs des Portes de Deauville, it’s perfect for families too. LUX Managing Editor Serena Hamilton discovers

Europeans tend to lean towards the same destinations in France. They go every summer, stay in the same house or hotel, get croissants from the same boulangerie and eat dinner in the same bistro. There’s something undoubtedly comforting about that kind of routine, knowing that your expectations will be met year after year, and yet, comfort as everyone knows doesn’t necessarily equal excitement or adventure. So this year, we decided to try somewhere new.

Deauville and its neighbouring town Trouville are often referred to as the “Parisian riviera” not just because of their proximity to the French capital, but also for their chic ambience. Deauville, for example, boasts a year round calendar of film festivals, yachting regattas and vintage car rallies as well as great shopping and a beautiful, albeit busy white sandy beach complete with Instagrammable candy-coloured parasols. The streets are immaculate and everyone is stylishly dressed, which is wonderful if you don’t have children hanging off your arms. For us, holidays are generally more about relaxation, and we tend to look for places which can offer adult-orientated calm whilst simultaneously catering to the children’s endless energy. Not a lot to ask for is it? Thankfully, Les Manoirs des Portes de Deauville fitted the bill perfectly.

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Located a few minutes outside of Deauville town, the boutique hotel only opened its doors this summer and straddles the line between country manor hotel and Parisian chic. It’s set within acres of lush parkland, with a 16th century manor house at the centre and nine surrounding private cottages.The furnishings throughout are a mix of contemporary and antique, whilst the colour palette of pale pinks and creams pairs perfectly with the dark exposed beams and more rustic touches. Some of the rooms and shared spaces also have beautiful old brick fireplaces. More importantly, though, it feels like a space to be lived in rather than just admired, which means you can properly relax rather than stressing every time a child clambers over an armchair.

Historic manor house and lawn

The hotel is set within stunning parkland and gardens (see below) with bedrooms in the main manor house as well as private cottages

Garden of a manor house

We were staying in a very pretty little cottages (adjacent to the one booked by our family friends), which provided more space and the added luxury of total privacy, whilst still in easy access of the outdoor pool, sauna and jacuzzi. As parents it was pure bliss to sit drinking our morning coffee on the lawn whilst our children ran around the park and tipped each other out of the hammocks.

Read more: Half Moon Bay Antigua reveals Rosewood Residences

Sadly, the restaurant wasn’t yet open during our stay, but there were plenty of excellent nearby options including the historic town of Honfleur, where we enjoyed several lunches of delicious moules-frites on the harbour’s edge. In the evenings, after tucking the children into their beds, we strolled across the lawn to the main house for a cheese and charcuterie board with local wines in the cosy lounge bar. No need for hushed in-room dining, or babysitters.

Rustic elegant interiors of a hotel bedroom

Luxurious hotel suite with contemporary furnishings

The interiors blend rustic chic with contemporary furnishings and a calming colour palette

The staff, especially, made us feel immediately welcome and were wonderfully patient with the children’s endless requests for hot chocolates and snacks, which isn’t always the norm with luxury hotels. They were also very knowledgable about the local area and suggested child-friendly activities such as a cute petit train ride through the heart of Deauville, and strolls through the stunning countryside.

It might not be quite the place for the usual Deauville crowd, but for anyone wanting to relax in an elegant, unpretentious setting that’s within easy distance of a beach as well as upmarket restaurants and shops, it couldn’t be more perfect.

Rates start from €120 per night including breakfast (approx. £100/$150). Book your stay: portesdedeauville.com

 

 

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Man walking across stadium wearing watch
Blue sports watch with mechanical face

The RM 11-04 Automatic Flyback Chronograph Roberto Mancini has been designed to celebrate the heritage of Italian football

Richard Mille’s latest timepiece has been designed in collaboration with Italy’s football team manager Roberto Mancini to celebrate the sport’s heritage. Here, Chloe Frost-Smith marvels at the timepiece’s unique design features

Designed with football fanatics in mind by the Italian national team’s manager, the RM 11-04 Automatic Flyback Chronograph Roberto Mancini makes complicated look cool, with a dedicated dial for tracking half-time, extra time and overtime.

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Set in the  patriotic colour palette of Il Tricolore alongside the recognisable blue belonging to the Squadra Azzurra, there are hints of Italian footballing heritage throughout the design. The timepiece uses a rotor with variable geometry, allowing it to be easily adapted to suit the wearer’s activity levels – you simply adjust the setting of the rib’s placement for the rotor to either speed up when worn at leisure, or slow down in moments of the highest movement.

Man walking across stadium wearing watch

Roberto Mancini wearing the RM 11-04 Automatic Flyback Chronograph

Displaying match time on the basis of two 45-minute halves and up to 15 minutes of stoppage time, the pusher can be pressed at 4 o’clock to actuate the fly-back function which repositions the hand at 12 o’clock, ready to start the second half. Should extra time be awarded, the fly-back can also be reactivated to reflect these additional minutes ensuring the wearer never loses track.

Back shot of a blue watch with exposed mechanics

The watch can be easily adapted to suit the wearer’s activity levels

But the watch isn’t just for football fans. Encased in the almost indestructible Carbon TPT and water-resistant to 50 metres, the RM 11-04 is set for the most extreme of adventures.

For more information visit: richardmille.com

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