M E D I A P A C K

Luxury Real Estate Specialists Worldwide

Christie’s, the world’s leading art house, is a name that speaks of extraordinary

art, unparalleled expertise, and international glamor. The Christie’s International Real Estate network, dedicated to the marketing and sale of luxury residential real estate worldwide, achieves sales in excess of $125 billion annually. Indeed, the marketing of fine art and high-end properties has proved to be a natural combination, resulting in a real estate marketing powerhouse driven by the passion and success of the Christie’s name and the local connections and expertise of expert brokers. By cultivating this unique balance of worldwide scope with a personal touch, Christie’s International Real Estate has become a global authority on marketing exceptional properties.

Christie’s International Real Estate magazine delivers exclusive access to the clientele of Christie’s and Christie’s International Real Estate, creating an unprecedented level of

Welcome to the relaunched magazine from Christie’s International Real Estate. This is a publication that invites attention.

international visibility to buyers and sellers of high-value properties. Your message will be delivered to a select, private, and qualified group of readers who are proven purchasers of luxury goods, collectors of fine art, and investors in multimillion-dollar properties—the most affluent demographic, who are notoriously difficult to reach.

Produced four times a year, this industry-leading publication has an annual readership of approximately one million. Our June 2012 re-launch sees the magazine swell to 250 pages, promising personality and flair with engaging, lively articles that draw on the Christie’s brands’ rich heritage and expertise. Our new editorial content covers the arts, leisure, international cultural events, and the world of ultra-luxury, alongside an unrivalled showcase of the world’s most exclusive real estate.

W E L C O M E

Christie's International Real Estate® Issue 88 – September 2011 – $5.99

10 OF THE BEST PROPERTIES FOR ENTERTAININGp.15

THE MOST SPECTACULAR PENTHOUSES IN THE WORLDp.42

DESIGNED FOR LIFE: A RARE 1,000 YEAR OLD CASTLE IN SCOTLANDp.36

CLASSICAL SPLENDOUR AND MODERN LUXURYItaly’s unique palatial propertiesp.24

D i s t i n c t i v e p r o p e r t i e s a r o u n D t h e w o r l D

ASIA & OCEANIA AUSTRALIA

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3www.christiesrealestate.com

CONTEMPOR ARY sPACE, sTUNNING VIEWs mosman, new south wales , austr alia Each of The Hyde’s sub-penthouses sprawls over half of an entire floor of this skyscraper rising above the central business district. With both sub-penthouses being northerly orientated, they have been inspired by the tones of Hyde Park, the shimmering Sydney Harbour, and the ever-changing light from dawn to dusk and are truly breathtaking.Offering single-level living, the eastern residence totals 272 square meters, or around 2,927 square feet, of both indoor and outdoor living space. The western penthouse spans a total of 244 square meters, or roughly 2,626 square feet. Backdropped by an unforgettable city skyline panorama, the formal rooms are embellished with fireplaces, stone flooring, and an outward flow to an entertaining balcony. The kitchens feature stone countertops, Miele appliances, wall ovens, and cappucino machines. Each of the three bedrooms is coupled with a lavishly appointed en suite bath with in-floor radiant heat.

˘ Nearly 10 acres including gardens and fern pond ˘ Handcrafted stone staircase conest et et reprovit, intur ˘ Carriage house, boathouse and garage complex with ˘ Three-bedroom guest cottage uptur si verum haria sequi autes ˘ Maio veni ad hari quia volorehende pa pedist quamus.

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KEN JACOBS Level One, 31-33 Knox Street, Double Bay, New South Wales 2028, Australia www.kenjacobs.com.au

Ken Jacobs +61 2 9328 1422 ken@kenjacobs.com.auDarren Curtis +61 406 761 840 darren@kenjacobs.com.au

Search for:CGE20607

$29,000,000

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NEWS ARTS & CULTURE

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Happy to mix a Picasso with a Persian carpet, a new breed of collector is starting to make

ripples across the art world, writes Josh Spero, editor of Spear’s magazine

t h e r i s e o f t h e m e d i c i c o l l e c to r

Every so often I shuffle the postcards that are propped up on the desk at which I write, so that I have a new one to inspire me. The latest one at the front is Beccafumi’s

Tanaquil (1519), a blonde, elegant Roman matron in a pale green dress with rather oversized feet, a mythological subject from the Sienese Renaissance. Behind her is Picasso’s revolutionary Les Demoiselles d’Avignon (1907). Behind them, a postcard a friend sent me of an etiolated gentleman reading a newspaper by André Derain. Behind him, a melancholy Gregory Crewdson photograph of a deserted junction in small-town America, then an unprintable Tracey Emin neon from her recent Hayward show, and so on, back through David, Lawrence, Mantegna, the Warren Cup, van Doesburg. It turns out, without even knowing it, that I’m part of the latest great movement in the art world: the Medici collector, the voracious snapper-up of the highest-quality works of art and design, regardless of period, medium or nationality.

Of course, the Medici collected actual objects, rather than postcards, but the spirit is the same. The term, which seems designed to flatter the collector by associating them with that fabled dynasty, does not in fact reflect a new phenomenon: many great collectors throughout history have wanted the best of everything. The Caesars would as happily have northern European metalwork as Greek sculptures or Eastern silks; their sacred and profane successors, the popes and the merchant or banker families who included the Medici, the same. But it has recently taken on a new resonance as modern wealth – both the new billions from Asia and Russia and the millions earned by those in the financial services industry – has started to make itself felt in the art market, and collectors, unrestrained by an overbearing art education or the pressure to buy deeply rather than widely, have bought, magpie-like, the best in each field. The key is eclecticism.

Evidence for this phenomenon comes from the acceleration of prices at the top of all fields, rather than just Impression & Modern and Contemporary, the traditional record-breakers (although $106,000,000 for Picasso’s Nude, Green Leaves and Bust (1932) kept that end up). At Christie’s in 2010, a Kirman ‘vase’ carpet from seventeenth-century Persia was sold for $9,600,000, the highest price ever paid for a work of Islamic art at auction. A blue diamond ring went for $15,700,000 in

New York, a record for that colour. And Christie’s doubled its 2009 sales in Hong Kong, with watches, jewels, wine, ceramics and classical, modern and contemporary regional art all racing ahead. Syed Haider Raza’s Saurashtra (1983) was a recent record for Modern Indian art at $3,500,000. The East’s unquenchable thirst has perhaps led the most extraordinary field of growth: Christie’s in Hong Kong sold a six-litre bottle of 1961 Château Latour this year for £135,000.

One needs to look beyond regional wealth favouring home-grown work (although that certainly occurs) to explain this global growth: collectors from around the world are also coming to London and New York, the two major auction centres ahead of Hong Kong, to buy best works in all categories. Roman Abramovich bought a Bacon triptych for $86,300,000 and for $33,600,000 with no evidence of regionalism.

As the class of the modern super-wealthy has developed, they have become globe-trotters with no underlying loyalty to a country or (by extension) an artistic movement. The fact that you can be anywhere you like, whenever you like, with homes in several locations to furnish and decorate, and a portfolio a little diversified into art, means there are no boundaries to your buying for pleasure and investment. If you are a true citizen of the world, an opportunity that wealth gives, why should you not be similarly eclectic in your collecting? An absence of nationalism allows this to develop, as it did in the continent-wide Roman Empire and the city-states of the Renaissance. Our more recent nationalistic

From LeFt: a large Nymphéas by monet; a $15,700,000 blue diamond ring; Syed Haider raza’s Saurashtra;

R E A D E R / C u s t O M E R P R O f I L E

K e y s tat saverage value of featuredproperties in magazine:

$9,650,000

c i r c u l at i o n

65,000 copies

f R E q u E n C y & C I R C u L A t I O n

average reader age:

40-55 years* r e a d e r c h a r a c t e r i s t i c s

• Ultra-high-net-worth and high-net-worth professionals

• Enjoy a high quality of life • Experienced global travellers• Owners of multiple properties• Married/cohabiting/supporting families t y p i c a l r e a d e r j o b t i t l e s i n c l u d e

published quarterly, with issues in

MarchJuneSeptemberDecember

Chairman]President]Non-Executive Director]Board MemberManaging Director]Head of Department]Senior Vice President** Source: Christie's Database Center

W O R L D W I D E D I s t R I B u t I O n

christie’s clients – 8,000 copies

The magazine will be mailed to select Christie’s clients and will be available at more than 450 sales held by Christie’s each year. The auction house commands a worldwide presence with 10 salerooms and 53 offices in 32 countries, including in the cities of London, New York, Paris, Dubai, and Hong Kong. affiliate network – 30,000 copies

The magazine is distributed by the Christie’s International Real Estate network of Affiliates, which consists of more than 900 real estate offices in over 40 countries in North America, South America, Europe, Africa, Asia, and Australasia:

• Canada (British Columbia, Ontario and Quebec)• Central America (Costa Rica and Mexico)• Islands (Anguilla, Antigua and Barbuda,

Bahamas, Barbados, Bermuda, Cayman Islands, Dominican Republic, Puerto Rico, Saint Barthelemy, Saint Maarten, Turks and Caicos Islands and US Virgin Islands)

• Europe (Austria, France, Germany, Greece, Ireland, Italy, Spain, Sweden and Switzerland)

• Oceania (Australia, Fiji and New Zealand)• South Africa (Cape Town)• South America (Argentina, Brazil and Uruguay)• Central and Western, USA (Arizona, California,

Colorado, District of Columbia, Hawaii, Idaho, Texas, Utah and Wyoming)

• Northeastern, USA (Connecticut, Maine, Maryland, Massachusetts, Michigan, New Hampshire, New Jersey, New York, Ohio, Pennsylvania, Rhode Island, Virginia, West Virginia and Vermont)

• Southeastern, USA (Florida, Georgia, North Carolina and South Carolina)

airport lounges and hotels – 12,500 copies

The magazine will also be distributed at Private Jet Lounges, Business and First Class Lounges and Five Star Hotels in the following global hubs:

• London, UK: Five Star Hotels, Spas, Private Clubs, Gyms, and Medical Centers, Restaurants

• London, UK: First Class Airport Lounges • Paris, France: First Class Airport Lounges and

Five Star Hotels • Amsterdam, Holland: First Class Airport

Lounges and Five Star Hotels • Geneva and Zurich, Switzerland: First Class

Airport Lounges and Five Star Hotels• Rome and Milan, Italy: First Class Airport

Lounges and Five Star Hotels• Dubai and Abu Dhabi: First Class Airport

Lounges, Five Star Hotels, Spas and Private Clubs

• Hong and Beijing: Five Star Hotels• NYC, USA: First Class Airport Lounges and Five

Star Hotels• Miami, LA, Chicago, Dallas and Washington:

Five Star Hotels

newsstands & bookstores: 5,000 copies

The magazine is found on shelves in the Property section of an extensive worldwide network of leading retail outlets and newsstands, including the leading high-end book and magazine retailers in the following geographical locations:

• Canada (Alberta, British Columbia, Ontario and Quebec)

• Central America (Mexico)• Europe (France, Germany, United Kingdom)• Middle East (UAE) • Central and Western, USA (Arkansas, Alaska,

Arizona, California, Colorado, District of Columbia, Hawaii, Idaho, Illinois, Kansas, North Dakota, Nebraska, Nevada, Texas, Utah, Washington and Wyoming)

• Northeastern, USA (Connecticut, Maine, Maryland, Massachusetts, Michigan, New Hampshire, New Jersey, New York, Ohio, Pennsylvania, Rhode Island, Virginia, West Virginia and Vermont)

• Southeastern, USA (Florida, Georgia, North Carolina and South Carolina)

W O R L D W I D E D I s t R I B u t I O n

D E L I v E R y O f A R t W O R K

C O n t A C t I n f O R M A t I O n

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