Barattieri: London Still Seen as Luxury Safe Haven

The transcript discusses the impact of Brexit on the real estate market, highlighting opportunities due to a strong dollar and changes in buyer demographics. It emphasizes the importance of emotional selling in real estate, focusing on lifestyle and location. The discussion also covers London's appeal as a real estate destination and the strategies used in development. Additionally, it addresses the challenges posed by Brexit uncertainty, including rising material costs and labor shortages.

What has been a significant opportunity for the luxury real estate market post-Brexit?

• A strong dollar attracting dollar-denominated buyers

• Lower property prices in London

• Increased interest from European buyers

• A stronger euro

Which regions are primarily showing interest in high-end properties according to the transcript?

• South America and Africa

• The Gulf region and America

• Australia and New Zealand

• Eastern Europe and Russia

What is considered crucial in selling luxury properties, as per the second section?

• Creating a sense of emotion and lifestyle

• Focusing on the property's historical value

• Providing detailed market analysis

• Offering the lowest price

What is a major concern for the real estate market due to Brexit?

• Increase in skilled labor availability

• Strengthening of the pound

• Rising costs of materials and labor

• Decrease in property demand

What are the company's plans for property development in the next five years?

• To focus solely on European markets

• To develop properties worth £2 billion

• To maintain the current level of developments

• To decrease the number of developments