International View

Welcome

InternationalView

W elcome to the 2018 edition of International View , our annual publication presenting a selection of the finest prime properta for sale in the world’s key markets. At Knight Frank , providing trusted advice to clients in these fast-changing times is at the centre of all we do. Our advice is reinforced by the pillars of our mIrSetTeILinO research , innovative technology and unparalleled personal service. In order to meet changing demands and provide our clients with the best possible real estate guidance, we are continually e`pInLinO o]r ser^iKe o ٺ erinO and our network coverage of both established and emerging markets. This year, we celebrate our first Inni^ersIra _ith ;antos KniOht .ranS in 5anila, ha^e siOniÅKantla e`Xanded our CONNECTING PEOPLE & PROPERTY, PERFECTLY

teams in the fIstOrowinO mIrSets of China and Australia , and have e`pInLeL our network in key areas of -]rope . This includes ne_ o ٻ Kes in the South of France , Berlin and Frankfurt markets, which, our research shows, are set to see dynamic change over the coming year. Released last month, our key global research publication »

e`tensi^e o ٺ erinOs froU suKh hotspots as New York and Berlin , as well as Australia and England . ?hen KoUXilinO this wonLerf]T p]JTiKItion , our talented in-house production team asked me to select my destination and properta of choice – an almost impossiJTe tIsS ! After persistent prompting and extensive browsing of the JeI]tif]T homes in International View , 1 Ånalla settled on Australia ; to be more XreKise, the ne_ XroReKt on ;aLnea 0IrJo]r 7ne *IrInOIroo (page 98) or, for a completed home, 7ne 5IKY]Irie ;t (page 96). I believe the )]strITiIn mIrSet is one with h]Oe potentiIT and, of course, a wonderful quality of life. That only leaves me to thInS ao] for your support, welcome the opport]nita to pro^iLe you with advice wherever you seek it around the world , and to ask: which properta wiTT ao] Khoose°'

Lord Andrew Hay Global Head of Residential

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CONTENTS 18 ) new JreeL of ^ehiKTe is reLefininO the KTIssiK KIr mIrSet

06 The new exhibition space in Florence is a celebration of 1tITiIn KrIftsmInship oneo ]/ ٺ KKi pieKes InL I Ro]rnea thro]Oh the JrInL¼s IrKhi^e

26 7peneL TIst aeIr the new 5]sue A^es ;Iint 4I]rent 5IrrISesh is I fittinO home for the worS of this e`trIorLinIriTa LesiOner who To^eL the Kita so m]Kh thIt he Khose to Ti^e there

20 )s the most e`KT]si^e pri^Ite isTInL in the worTL KeTeJrItes its th aeIr ]nLer 5]stiY]e +ompIna mInIOement we reÆeKt on its T]`]ra InL ^era seKret IppeIT

Theworld’s finest yachts are going faster than ever this year.

10 0ow VersIKe is tISinO eTements of its OoTLen pIst InL mo^inO forwIrL with KhIrIKteristiK LeterminItion

34 )rt KoTTeKtor +hristiIn 4e^ett re^eITs his fI^o]rite IrtworS InL whIt¼s hInOinO on the wITTs in his e`Y]isite +hITet -LeTweiss +o]rKhe^eT

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www.edmiston.com

2018

InternationalView

In a year of headline-grabbing events and exhibitions commemorating the institution’s milestone 250th anniversary – culminating in the unveiling of a brand new campus in May – London’s prestigious Royal Academy will shine a spotlight on Italian architect Renzo Piano this autumn. The solo sho_ · the Årst in the *ritish KaXital for three deKades · KeleJrates the architect’s stellar 50 year career and, by extension, the indelible impression his work has had on modern architecture. 8iano is reno_ned for his KollaJorati^e aXXroaKh and deliKate, reÅned eae for desiOn. 0is XroliÅK Xortfolio sXanninO the Xast Å^e deKades inKludes various worldwide projects, from the Richard Rogers co-designed Centre Pompidou in Paris to the ground-breaking Shard skyscraper in London and a glossy new Miami Beach residential tower, due for completion this year. The Royal Academy’s comprehensive retrospective will feature rarely- seen architectural drawings and models that trace Piano’s impressive career traReKtora and Oi^e insiOht into _hat UaSes hiU suKh an iUXortant ÅOure in the industry. Piano’s is a well-earned reputation. When he scooped the Pritzker Prize in 1998, an award often considered the Nobel Prize of architecture, the jury compared him to Leonardo da Vinci, Michelangelo and Brunelleschi, highlighting his ‘intellectual curiosity and problem-solving techniques as broad and far-ranging as those earlier masters of his native land’. 15 September 2018 – 20 January 2019; royalacademy.org.uk

‘We only have one planet,’ says Pharrell Williams to a hushed group of 100 journalists gathered over an intimate dinner in Shanghai. ‘This is the one home we have, and we’re not doing what we should be doing as a species that appreciates its one and only home.’ The multi-award-winning musician and reKord and ÅlU XroduKer reKentla lent his suXXort (and voice) to a ground-breaking new project masterminded by French Cognac house Louis XIII. In possibly the coolest, and certainly the most ambitious, climate change call to action ever conceived, Williams agreed to write and record a song that would be committed to a one-of-a-kind vinyl disc fashioned from clay from the Cognac region – only for it to be locked away in a safe for the next century. It’s all part of a series of philanthropic projects devised by Louis XIII to encourage people to think ‘100 years ahead’. While future generations should be privy to the song – suitably titled 100 Years , AKA ‘the song we’ll only hear if we care’ THINKING Ahead Pharrell Williams has teamed up with cognac brand Louis XIII to send a unique message about climate change

Renzo Piano

Specialist travel company Pelorus has introduced a true once-in-a-lifetime alpine experience for those who want to take their annual skiing holiday to the next level. Night skiing in British Columbia is a thrilling and ultrae`Klusi^e e`XerienKe that o ٺ ers participants a whole newperspective of their favourite outdoor pursuit – not to mention

and deep soaker tubs in every suite are par for the Kourse.

Pharrell Williams with the clay disc containing his song ‘100 years’

conservation is to take immediate action on climate change. ‘I agreed to do this because I thought that it was super admirable that

– the caveat being that the safe is vulnerable to water, and the clay disc will disintegrate if it gets wet. In short, the only way to guarantee its

Louis XIII and Remy Martin were interested in the preservation of this planet,’ Williams explains. ‘The idea that I got to air out the way that I felt to the pessimists excited me because I got a chance to properly channel it.’ Those select few people who were played the song in Shanghai are the only people in the world who can comment on the record and attest to its caustic nature, with Williams admitting to it being a ‘super sarcastic’ shout-out to climate change deniers and ‘pseudoscientists that don’t care about the environment.’ But in spite of his ‘fighting fire with fire’ spirit, Williams is full of praise for the next generation, and quietly optimistic about the safekeeping of his record, which will remain buried in the Louis XIII cellars in Cognac until 2117. Providing, of course, that rising sea le^els don¼t Oet to it Årst. »C

the opportunity to feel like James Bond for a fewhours. Pe l o r u s, a l u x u r y experiential travel and adventure company set up by two former British Army officers, works closely with scientists,

OWN the NIGHT Take to the slopes like ne^er Jefore" Ifter LIrS

conservationists and expedition leaders to create true bucket list experiences covering some of the world’s last remaining hidden gems. Night skiing in British Columbia is such an adventure and Pelorus is the onla KoUXana of its Sind to o ٺ er it.

skiing. Equipped with a state-of-the-art LED ski suit, you and your group will be led do_n Æoodlit sloXes Ja an e`XerienKed Ouide as _ell as a Xrofessional ÅlU and photography crew to capture all the action. It will certainly make for the kind of holiday snaps friends and family will actually want to see. From $17,500 (approx £12,447) per person; pelorusx.com

Ao]r niOht sSiinO IL^ent]re wiTT Je fiTmeL Ja I professionIT KImerI Krew

Williams and Louis XIII are driving action against climate change

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InternationalView

HIGH-RISE at the HARBOUR

The Gucci Garden, opened earlier this year in Florence, is a garden in name only. It is the title of a project by the Italian fashion house that occupies the Palazzo della Mercanzia, which has originates from the 14th century and is on the city’s famous Piazza della Signoria, close to the = ٻ bi /allera. Partmuseum,partstore,partrestaurant,theGucciGarden is a three-storey space designed to give the visitor a fully

for his three-Michelin-starred Osteria Francescana in Modena. Upstairs is the Gucci Garden Galleria, two Æoors of e`hiJition sXaKe that disXlaas Kurated Klothes, accessories, memorabilia and artwork relating to the fashion house that date from its foundation in 1921 to the present. Organised around themes, rather than chronologically, and supported by video content, the galleries also incorporate contemporary artwork painted on the walls, commissioned from artists who have collaborated with the house, such as Trevor Andrew (AKA GucciGhost), Jayde Fish and Coco Capitán. Thus, the displays are designed to be not so much a reverential historical journey through an archive but an entertaining insight into the eclectic mind and method of Gucci Creative Director Alessandro Michele, whose approach is to blend past and present, from the Medicis to the Sex Pistols. Michele explains the name ‘Gucci Garden’ has a metaphorical meaning – although he has incorporated many motifs from nature into his collections, which routinela feature inseKts, Æo_ers and tiOers. »

+hris ?iTSinson of ?iTSinson-are IrKhiteKts on his TItest proReKt in ;aLnea

immersive experience

EXPLORING THE GUCCI GARDEN

of the fashion house’s world. The boutique i s u n i q u e i n t h a t i t carries stock that is almost

One Barangaroo, a collection of luxury residences and six-star hotel, is part of an exciting new destination along Sydney’s iconic harbour. Ten years ago a development like this would have been nearly impossible. That’s mainly because of the technology – it’s quite advanced. We’ve got a lot of double curvature surfaces, which you couldn’t have done in the past. The concept relates to a sculpture I’d worked on with three petals that twist as they rise up into the air. The idea was to create an inhabited

entirely only available here, including a number of one- of-a-kind pieces. Items have a Gucci Garden label and KoUe in sXeKial XaKSaOinO, and shoX ÅttinOs are restored painted antiques.

artwork. The residences are very international. They take advantage of the site location and the fantastic panoramic views – they’re also quite advanced in the way they’re designed. There’s been a lot of talk about Barangaroo, and it’s a very interesting concept because before it was just a slab of concrete with no shape to it at all. What our clients were trying to do was to create a high spot at the end of the promenade, to make it worthwhile carrying on to the end, and seeing all these really nice cafés, bars and restaurants and then the park, so it becomes a destination. There are three Richard Rogers towers and two Renzo Piano residential buildings, so suddenly Sydney

is going to have this very strong architectural composition. Sydney is a growing economy, it’s a very successful city and that means change. It’s competing with Hong Kong, Kuala Lumpur and Singapore, so you’ve got to allow for growth. In terms of global design, the one thing I’m seeing is a move for more high-rises in the centre to take the pressure away from the outsSirts.

SET in STONE Cartier showcases its most exquisite pieces in a new exhibition at the 6ItionIT /ITTera of )]strITiI

As Australia’s foremost cultural institution, Canberra’s National Gallery of Australia is no stranger to showcasing celebrated artwork, both homegrown and from overseas. But this aear _ill see _orS of an entirela di ٺ erent and dabblinO nature go on display in +Irtier"

+Irtier ReweTTera on LispTIa It the 6ItionIT /ITTera of )]strITiI

Cartier London Halo tiara (1934)

)rtefIKts It the /]KKi OIrLen

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InternationalView

FAIR PLAY

-`eK]ti^e ,ireKtor of the *irTea /ro]p /]iTTI]me /TipI on how the re^ImpeL iKoniK 5IafIir niOhtspot is JIKS InL better than ever The NEWERA of ANNABEL’S

The best and brightest international art fIirs tISinO pTIKe in 

The global art fair is as popular as it’s ever been, with the key players opening up satellite shows around the world and every major city clamouring for a slice of the cultural capital that being involved in such an event brings. It’s as UuKh aJout ÅnanKe as it is aJout art, _ith dealers hoXinO to KaXitalise on the raUXant sXeKulation that has deÅned the modern market. Here are the best fairs for buying art, exploring new trends and watching the movers and shakers in the contemporary art world.

The idea of reforming Annabel’s has been in the pipeline for a while but we felt that just a fresh paint job wasn’t going to be enough. So when number 46 Berkeley Square came on the market – a four-storey building with a courtyard just two doors down – it was a no-brainer.

.rInKesKI ^on

)Jo^e from Teft" speKtItors ILmire the hiOhTiOhts of .riebe 

ART BEIJING: 29 April–2May 2018

FRIEZE LONDON: 4–7 October 2018

FIAC PARIS: 18–21 October 2018

ART BASELMIAMI BEACH: 6–9 December 2018

Since 2006, Art Beijing has tracked the meteoric rise of the Chinese market, not only bringing local artists to a wider audience, but also introducing Western artists to the country’s burgeoning scene. This year’s show, its 13th, will also include separate sections for design and photography, with themed public displays of Chinese artists curated by Zhao Li. Around 100,000 people attended the 2017 event, which featured 160 exhibiting galleries. Organisers reckoned that the sweet spot price for sold works was between £10k and £30k, with both contemporary and classic works available for sale. IrtJeiRinOnet

Frieze is now a London institution, a massive tented city of all the wonders the art world has to o ٺ er, set uX in :eOent¼s 8arS e^era autumn. Started by the publishers of Frieze magazine, the chronicle of the burgeoning British scene in the 1990s, Matthew Slotover and AUanda ;harX held their Årst fair in 2003. Today it has a satellite operation in New York, a separate Old Masters show in London attracting interest from the world’s major auction houses, and a newLos Angeles fair set to premiere in February 2019. As much about being seen as seeing, Frieze is now the capital’s pre-eminent cultural event. friebeKomfIirsfriebeTonLon

Hosted in Paris’s Grand Palais, one of Europe’s grandest exhibition halls, the Foire Internationale d’Art Contemporain is pitched at the art world’s most illustrious and hiOhÆainO ÅOures. 4ast aear sa_ the fair venturing out into Paris’s well-manicured open spaces – such as the garden of the EugèneDelacroixMuseum– with Fiac Hors les Murs, an open-air showing of sculpture that’s helped democratise its image. With around 200 galleries in the Palais, as well as a programme of performance art to accompany it, Fiac is rightly lauded as the dealer’s choice of international fairs. fiIKKom

8roJaJla the Uost siOniÅKant art UarSet in the world, the Miami Beach branch of Art Basel has been coming to the Magic City since 2002. In recent years, the value of art on display has exceeded several billion dollars, and the city’s own economic revival owes much to the lure of fairs such as this, bringing in a jet-setting clientele who are just as likely to buy a condo as a Koons. The original Art Basel began back in the 1970s and now serves as the European hub for the global art world initiative. Back in Miami, the fair is just as well-known for the whirl of social events that surround the gallery shows. artbasel.com

*raIn .erra performinO It )nnIJeT¼s 

2IKS 6iKhoTson !

4ILa )nnIJeT /oTLsmith!

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InternationalView

the age of VERSACE GOLDEN HowVersace is taking elements of its golden past andmoving forwardwith characteristic determination

By Peter Howarth

W hen you meet Audrey, Donatella Versace’s dog, it comes as quite a surXrise to Ånd she is a 2aKS :ussell and not soUe XoKSet XooKh that could slip easily into a Versace handbag. ‘She is not really a dog at all,’ says Versace in her deep Italian accent. ‘She’s a Versace woman.’ Now Audrey has a collection too – for humans, you understand – of T-shirts, bags and wallets that feature an illustration of her. She also has some 19,000 Instagram followers, which – while dwarfed by her owner’s 2.3 million – is not bad for a canine. And on enquiry, it turns out that Audrey, as constant companion to one of the world’s most iKoniK and inÆuential fashion desiOners, does not e`aKtla lead a dog’s life. She has a rub that softens her fur, and eats the Jest >ersaKe hoUe KooSinO. ;he also Xossesses an e`tensi^e personal wardrobe of Versace chains and collars, complete with the house’s signature golden Medusa motifs, and has Jeen Sno_n to sXort a studded >ersaKe leather RaKSet. That Audrey Versace should be something of a celebrity hiOhoKtane Xet is to Je e`XeKted. 0er o_ner is, after all, a _oUan _ho has said that the Uost o^errated fashion trend is »UiniUalisU¼ and that she ne^er _ears anathinO on her feet but stilettos. There is nothing shy or retiring about Versace – the house, the woman, or the dog. And therein lies its continuing appeal. Today, we are with Donatella Versace in one of the rooms in her historic palazzo in Via Gesù, Milan. This was her late brother’s home and the spiritual

Jase of the fashion house. ?e ha^e Jeen adUitted to the usualla o ٺ liUits Årst Æoor" the li^inO Yuarters. ersaKe siOnatureXrint Kushions and deKorati^e KroKSera, UuKh of it froU the >ersaKe 0oUe KolleKtion. 1t is an hour and a half before she is due to debut her spring/summer  Uens_ear in the ^ast ornaUental Oarden of the Xalabbo,

and ,onatella is e`XlaininO why, after a hiatus, she has decided to return to this late 18th-century building in the centre of Milan, to onKe aOain Xresent her _orS. ‘With this collection, I wanted to come here and show in a much mo r e i n t i ma t e w a y. It’s now 20 years since Gianni passed away and 1 _anted to Je JaKS in the building that represents Versace, and the building where my brother and 1 _orSed so Klosela toOether for so many years – where Gianni and I had so many

Opposite page: Naomi Campbell This page: Donatella Versace

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InternationalView

decades after she was forced to become the head of the house, she seeUs Ånalla reada to faKe the Xast. »1 aU sho_inO my new collection here not because I am nostalgic; I am not nostalOiK · 1 liSe to looS at the future, not the Xast · Jut JeKause this JuildinO has UeUories.

Oood tiUes, so Uana ÅOhts, so Uana disaOreeUents, and so UuKh fun as _ell. *einO here feels liSe KoUinO JaKS hoUe.¼ This, it turns out, is all part of an important process for the desiOner, _hose Jrother _as infaUousla Silled t_o deKades aOo on the steXs of his Uansion in5iaUi.

she says. ‘I go online and listen to what the millennials want. This is not because of my age, or any sense of wanting to ¹staa in touKhº, Jut JeKause this is where the power lies. They are the ones who decide what is going to happen. The KonsuUer is Sea.¼ ersaKe when it was new – our original Xrints ha^e JeKoUe iKoniK for theU" the *aroKKo Xattern, the leopard-print Wild Baroque, the >oOue Xrint, the 8oX Art print, the Trésor de la Mer seasKaXe Xrint. ;o, for the Årst time in my life I went to the arKhi^e# 1 tooS  oriOinal prints and then we put the collection together; and we

them in a new way. ‘But this is really a celebration of what Versace is all about.’ The result is a collection for men and women called The Tribute Collection. There are printed shirts, T-shirts, dresses, sSirts, Reans, JratoXs and shoulder JaOs, as _ell as shoes, bags and denim pieces adorned with the house Oold 5edusa saUJol. ersaKe e`Xlains ho_ she has _orSed _ith star XhotoOraXher ;te^en 5eisel to KaXture the looS of this collection on a group of models who draw a line fromGianni to the present. Naomi Campbell and Christy Turlington appear, representing the era of the supermodels; Gisele *†ndKhen and 6atalia >odiano^a JrinO us uX to date, while Cindy Crawford’s daughter Kaia Gerber represents the future. 0er Uother _as, of Kourse, one of the four oriOinal ¹suXersº, alonO _ith CaUXJell, ersaKe Kat_alS in !!. ersaKe. ?hat aou will see on the runway today is what people will always recognise as Versace.’ versace.com

company. It was not, she KonÅdes, a role she _anted. As Gianni’s muse and helper, she’d had a happy tiUe ser^inO _hat she Kould not Sno_ _ould turn out to be a rather charmed apprenticeship, designing her own line, Versus, and being instrumental in art-directing the famous ad campaigns shot by photographers including :iKhard A^edon. ;he a l s o c e m e n t e d t h e house’s relationship

“I am SHOWING my new COLLECTION here not because I am NOSTALGIC ; I am NOT nostalgic – I like to look at the FUTURE , not the PAST ”

_ith roKS »n¼ roll, JefriendinO artists suKh as -lton 2ohn and 8rinKe, as _ell as the hiXhoX KoUUunita and 0olla_ood stars, in^itinO theU to Roin the >ersaKe Kreati^e ¹faUilaº. But after Gianni’s death, by her own admission, Versace struggled with her grief and the pressure of holding the business together. But she has succeeded, and now, two

This page top: Supermodels Carla Bruni, +TI]LiI ;Khi ٺ er 6Iomi +ImpJeTT

Cindy Crawford and Helena Christensen on the Versace catwalk, 2017; Bella Hadid modelling SS18 Versace Opposite page: Donatella with Gianni, 1984; Kaia Gerber in the 2017 Versace campaign

thinS _e nailed it ¼ ;he Xlaaed around _ith the prints, refreshing some of the patterns and interpreting

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InternationalView

THE NEW WORLD OF JET CHARTER

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International View talks toNicolaArcedeckne-Butler, one of theworld’smost knowledgeablewine experts

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Welcome to the new world of jet charter.

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F or many, the world of wine can be an intimidating one. Foreign names, esoteric terminology and convoluted etiquette can make for uncertain territory, even for the more seasoned drinker. Yet Master of Wine Nicola Arcedeckne-Butler exudes a warmth guaranteed to put even the most amateur of wine enthusiasts at ease. As passionate as she is knowledgeable, she patiently answers my (many) questions during our 90-minute conversation, conveying as much respect for €2 bottles of wine as for fourÅOure ^intaOes. »1¼U deÅnitela not a _ine snoJ,¼ she saas. »7f Kourse, I appreciate a good vintage wine – but I am also very happy to drink a decent £10 bottle, too.’ Such a statement perfectly captures the current wine market. Since its introduction to supermarkets and subsequent widespread commercialisation some 40 years ago, wine has become easily accessible, almost irrespective of budget or location. Yet at the upper end of the scale, it continues to grow in popularity as a luxury investment. The latest Knight Frank Luxury Investment Index notes Åne _ine as the seKond Uost XoXular in^estUent after art, with an 11% increase in the past year alone. Cabernet Sauvignon is proving particularly popular; Screaming Eagle has surged in price by 106% over the past 12 months (according to the Knight Frank Fine Wine Icon Index KoUXiled Ja ?ine 7_ners and a Jottle of

Now the influence of such wine advocates as Robert Parker is waning, what’s next? Apps such as Vivino and CellarTracker mean that plenty of information and opinions on particular wines are readily available, so wine enthusiasts no longer need to rely on just one or two individuals. Local wine merchants have enjoyed a resurgence over recent years, and can be a great source of knowledge, leading to the discovery of a new favourite bottle. I myself regularly pop into independent wine merchants – although there’s often a bit of nervous laughter when I mention that I’m a Master of Wine. Should wine be considered an investment or should we concentrate on drinking it? At its heart, wine is an agricultural product that can provide great pleasure – I always advise my clients that they should only invest in wine that they’d be prepared to drink. If it does turn a profit, that’s just a bonus. It saddens me to think of it as a mere commodity locked away in a warehouse. How do you choose investment-grade wines? If you’re looking for a hard investment, you have two options of wine: ‘blue chip’ or up-and-coming. There are about 150 ‘blue chip’ wines in the market. They’re a hefty investment and provide a lower annual yield, but are guaranteed to turn a profit. In contrast, lesser-known wines are cheaper but unpredictable; their value may suddenly shoot up – or drop exponentially. It’s also worth remembering that, unlike art or jewellery, wine is a wasting asset. If considering when best to drink a bottle, the safest option is to look at merchant recommendations and take the middle route. Do you have any tips on how to best store fine wines? The rules for storing wine are straightforward: store in a dark place away from vibrations; maintain a temperature of between 10 and 15 degrees Celsius; and keep humidity at 70%. Ideally, you need a cellar that can maintain a steady temperature regardless of season and isn’t directly above a Tube line in London, as can often be the case. Attending smaller, regional auctions is definitely a good place to start when building a wine collection. There are often mixed boxes on offer, comprising traditional favourites with lesser-known wines, so it’s a great way to familiarise yourself while trying something new – and you’re less likely to fall victim to a fake. Ultimately, my main advice to clients is to have the confidence to explore; there are endless incredible wines from all over the world. As I’m fond of saying: ‘so many wines, so little time!’ What advice would you give those who are looking to start or perhaps improve their wine collections?

€10 bottles as the ones worth hundreds or even thousands. Even small growers have the know-how to be particular about the fruit they are harvesting. As the latest generation emerges, so too does a more experimental outlook. Some of my clients are wedded to Bordeaux and Burgundy, but their children enjoy the NewWorld alternatives. As the next generation of vineyard owners return from studying wine around the world, they’re introducing new ideas on how to produce wine. Fake wine is a huge issue – not only for the consumer, but also for the wines being imitated. A former colleague of Uine _as deeXla disaXXointed Ja his Årst e^er taste of Le Pin, only to be served it again several years later and realise that his Årst e`XerienKe Kouldn¼t ha^e been authentic. Part of the problem is that fake wine is often of fairly decent quality. Rudy Kurniawan [the world’s biggest _ine forOerE Ålled Karefulla laJelled Jottles _ith _ine worth around £30; combine that with a general lack of selfKonÅdenKe in _ine Sno_ledOe, and aou JeOin to understand how he managed to deceive so many for so long. However, people are beginning to wise up. Auctions are now cancelled if fake wines are discovered, and some wine providers supply restaurants with new bottles on an exchange basis with the empty ones in order to reduce the risS of theU JeinO reÅlled and sold on as faSes. How (if at all) have wine collectors’ tastes changed over the years? /loJalisation has had a huOe inÆuenKe on _ine KolleKtors¼ tastes; people are much more open to experiencing new wine from new regions. The market is maturing and more XeoXle are looSinO further aÅeld, de^eloXinO their o_n tastes rather than following the latest trends. It is hard to pinpoint just one region or wine, but my top picks would be small producers from classic regions such as Lamy- Caillat in Chassagne-Montrachet, or indigenous grapes from less well-known areas, such as Fiano or Negramaro from Puglia. Regions such as Georgia and China are also beginning to make some very serious wines – there are a lot of froOs to Siss Jefore ÅndinO the riOht _ines, Jut eaKh year sees leaps and strides in quality and curiosity value. The US continues to be important, and although the rarest wines such as Screaming Eagle and Harlan will remain the preserve of the few, a notch or two below are stunning wines, which now systematically achieve between 95 and 100 points each year – such as Dominus and Insignia, to name but two. What is your favourite wine? 1¼U Kurrentla in the throes of a Xassionate lo^e a ٺ air with white Bordeaux; a single sip and I’m in paradise. What are your top picks for up and coming vineyards/wines around the world in 2018? How big an issue is fake wine? How can it be identified?

“ THERE are a lot of FROGS to kiss before finding the RIGHT WINES , but each year sees LEAPS and STRIDES in quality and CURIOSITY VALUE ”

What impact has wealth creation in markets such as China had on the wine market? Wealth movements have sparked a global interest in wine that Kan often lead to tiOht foKuses on sXeKiÅK reOions, causing pricing to shoot up and distort the rest of the wine market. Bordeaux is a classic example; it underwent a marked increase in pricing after becoming particularly popular with Chinese buyers in the early 2000s and, almost 20 years later, still has a reputation for being expensive. In reality, many Bordeaux wine farmers are producing €2 bottles and are struggling to make a living. At present, Burgundy is the drink of choice for the Chinese; it hasn’t pushed up prices yet, but available stock is limited. Regardless, a global wine market is definitely a good thinO · anaone _ho saas other_ise is Rust su ٺ erinO froU a case of sour grapes!

at every stage of the journey – from vineyard growers to end-consumers – to, in her own words, make ‘the journey from vineyard to glass as short as possible’. Given the global nature of Arcedeckne-Butler’s client list, there are often ^era di ٺ erent reYuireUents. ;oUe are looking to discover a new wine; some are looking for a wise investment; others are simply looking to send out the right message to their guests at an upcoming dinner party. ‘The wine I recommend to each client is very personal, tailored to their requirements and current collection,’ explains Arcedeckne-Butler. ‘Chinese buyers, for example, place a lot of importance on names and numbers, often seeking wine that involves the number eight. That isn’t necessarily something that would be a consideration for buyers elsewhere in the world.’ With a career of globe-trotting and wine-tasting, Arcedeckne-Butler’s life may seem idyllic to many people – but it has its demands. ‘It can be intense,’ she admits. ‘I regularly receive phone calls on Friday evenings from clients looking for last-minute wine recommendations. But I love it. Few people are able to establish careers based on exploring and sharing their passion with others around the world. ?hen 1 Ånalla rela` at the end of a lonO daa _ith Ua current favourite bottle, I feel very fortunate.’

Casa dell’Abate on the Castello di Reschio estate, Italy. For sale through Knight Frank

How have traditional wine-producing areas like France reacted to the threat of NewWorld wines?

It was a real shock to the industry when wine started emerging from places such as Australia in the 1980s. While they weren’t great wines back then, they were absolutely consistent and very easy to drink. It has undoubtedly raised the bar of wine production around the world at every level; as much care and attention is lavished on the

Mougins, Alpes Maritimes, Cote D’Azur. For sale through Knight Frank

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InternationalView

Anewbreed of vehicle is redefining the classic car market. Take a peek under the bonnet to find out more

By AndrewShirley

A s editor of the Knight Frank Luxury Investment Index (KFLII), which tracks among other things the value of classic cars, I’m occasionally asked what is the optimum age of car to purchase. There are two answers: one very simple, one slightly more KoUXliKated.

7f Kourse a Kar that _as XroduKed in ^era sUall nuUJers in the Årst XlaKe _ill see its ^alue aXXreKiate UuKh Uore YuiKSla. 18 KustoUer · sXeKial editions are seeing their values rise from the get go. A trio of Kars launKhed in  · the 8orsKhe ! , 5K4aren 8 and 4a .errari · SiKSstarted the ¹instant KlassiKº XhenoUenon _ith XriKes for eaKh Uodel douJlinO _ithin Rust  Uonths. 5ore reKent launKhes suKh as the 4a.errari AXerta, *uOatti Chiron and 8orsKhe !: looS set to follo_ the saUe Rournea. An AXerta sold for a sibblinO U at a charity auction last year.

)nLrew To^es tITSinO IJo]t T]`]ra in^estments InL in pIrtiK]TIr KTIssiK KIrs

Image courtesy of McLaren Automotive Ltd McLaren P1™ 5th Anniversary

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InternationalView

private moorings,’ says Pritchard. ‘It’s probably the most secure place in the world.’ With guaranteed seclusion, it’s unsurprising that the residents take the opportunity to let loose. In the words of

With love fromMustique

As themost exclusive private island in the world celebrates its 50th year underMustique Companymanagement, we reflect on its luxury and very secret appeal

By Georgie Lane-Godfrey

riotous with people dancing on the tables until 5am – it depends on the crowd. It’s colourful, it’s glamorous and it has the capacity to get out of control.’ As to what exactly those riotous escapades entail, you’ll be hard pressed to find out. ‘The saying ‘What happens in Mustique stays in 5ustiYue¼ deÅnitela holds true,¼ says Pritchard, who is tight-lipped on the subject. Thankfully, not all the guests are quite as discreet. According to Jeremy Clarkson,

Opposite: one of Mustique’s secluded beaches. This page, from top: Mick and Bianca Jagger, at the gold themed 50th birthday party of Hon Colin Tennant on Mustique in 1976; a gingerbread style house nestled on Mustique’s Endeavor Hills for sale through Knight Frank; Roger Pritchard, managing director of the Mustique Company

F or an island of less than six square kilometres, Mustique has an incongruously giant reputation. Say the name anywhere around the world, and you’ll instantly conjure up images of the rich and famous partying together at the most exclusive island on earth. It turns out that there’s good reason for this characterisation. 7^er the aears, hiOhXroÅle hoUeo_ners have included royalty and rock stars, artists and aristocracy, as well as a few fashionistas, socialites and billionaires. And _ith iKoniK naUes suKh as 5iKS 2aOOer,

Barths or Barbados,’ explains Pritchard. ‘That’s where people will take photos of you that will appear in glossy magazines. But people come here really to get away from that; to have a rest rather than to self-promote. We’re very well-placed for that.’ Instead of glitz, the focus remains on complete privacy and absolute discretion – particularly when it comes to the press. ‘Over the years we’ve had a lot of fun throwing them o ٺ the island _hen thea tra to sneaS in,¼ adds 8ritKhard. ‘We had one Spanish photographer who had come to the island to capture a celebrity wedding, but was caught with photos of other celebrities on his camera. He tried to claim we had no right to check his photos, but we have our own jurisdiction here. He was promptly booked on to the next plane out.’ Of course, the ability to retain this level of anonymity unlike anywhere else in the world comes from a mutual understanding – everyone here knows and respects the faKt that thea are all eYualla hiOh XroÅle. *ut the Ueasures taken on Mustique to respect that privacy undoubtedly help. ‘We’re surrounded by the sea, we have our own private airport with private plane to collect you and

drunkenly driving a dune buggy (known as a ‘mule’ and Mustique’s only form of transport) around the island at 30mph is far more exciting than driving a Ferrari down the M4 at 140mph. Meanwhile, it has been known for the teenage sons and daughters of guests to have a nude race along the runway at 3am on New Year’s Eve. But while the focus might primarily fall on the island’s secret revelries, the island has garnered a more wholesome image in recent years. Today, the busiest time on the island falls during school holidays and the parties often come with a purpose – namely to raise funds. The Mustique Charitable Trust (MCT) was set up to help disadvantaged communities and individuals in St Vincent, in areas from education to health care, diabetes clinics to pediatric support. So far, the charity has raised over $10 million to support the local community, providing invaluable aid for the recent storm damage. The 50th anniversary of the Mustique Company this year is set to be another big fundraiser, coinciding with the 60th anniversary of when

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