East-Meets-West Meets Modern: The New Nobu Hotel Shoreditch in London

The Nobu Hotel Shoreditch in London is one of the new hotels that was recently added to the Design Hotels portfolio. If the name sounds familiar, it’s because this property is an extension of the Nobu Hospitality Group founded by world-acclaimed chef Nobuyaki Matsuhisa, award-winning actor Robert De Niro, and Hollywood film producer Meir Teper. Inspired by East Asian design and minimalist aesthetics, the hotel lures guests in with its beautiful interiors, Japanese-inspired amenities and immaculately plated Japanese-Peruvian cuisine.

The architecture was designed by Ron Arad Associates and Ben Adams Architects and features a facade made of glass, concrete, steel, timber and bronze which contrasts against Shoreditch’s traditional brick red buildings. Cantilevered steel beams point east as a homage to the country that gave this hotel its inspirations.

Studio Mica and Studio PCH were both inspired to incorporate Japanese culture, art and philosophy into the interiors but with a contemporary eye. A deconstructed pattern based on an ink painting technique called sumi-eappears on the walls throughout the hotel. Textures like clay pottery, wood shoji screens, traditional patchwork, and charcoal stone help to ground the look while modern fixtures/furniture and brass accents give the hotel a modern feel. Custom-made yukata robes and Japanese tea sets take the place of traditional hotel amenities in the guest rooms.

A back-lit staircase leads guests to the hotel’s restaurant and bar, which features a chef’s table, sushi counter and outdoor courtyard, all of which serves Chef Nobu’s signature Japanese-Peruvian dishes and hand-crafted signature cocktails.

Coming January 2018, guests will able to relax in the hotel’s new spa and wellness center which will offer luxury treatments, steam room facilities and treatment rooms for indulgent Shiatsu massages.

What: Nobu Hotel Shoreditch
Where: 10-50 Willow St, London EC2A 4BH, UK
How much? Rooms start at approximately $198 per night.
Highlights: This is the first hotel in London for the Nobu Hospitality Group which has created a name for itself that’s synonymous with luxury hospitality and fine dining. This Shoreditch location is no exception.
Design draw: The hotel has an East-meets-West aesthetic that was created with a contemporary eye.
Book it: Visit Design Hotels

Brexit boosts Luxembourg’s real estate prospects

The city for the first time entered the ranks of the most attractive cities in Europe, claiming ninth spot in an annual real estate forecast published jointly by the Urban Land Institute and PwC.
Luxembourg has been ranked in the top 10 cities in Europe for real estate investment and development in 2018, amid expectations it will benefit from Britain’s departure from the EU.

The city for the first time entered the ranks of the most attractive cities in Europe, claiming ninth spot in an annual real estate forecast published jointly by the Urban Land Institute and PwC.

Brexit underpinned Luxembourg’s place in the rankings, according to the report, which is based on a survey of 800 real estate professionals in Europe.

We see Luxembourg as a very attractive alternative for London. You can already see increasing construction activity there since the Brexit vote,” a Swiss investor said in the survey.

The city’s strong financial sector, its growing economy and major investments in industrial sites, data centres and logistics were all cited as positives.

However, the report said the city is expensive to live in and there are concerns around infrastructure capacity due to a lack of residential, retail and schools planned to accommodate an influx of new businesses.

Real estate investors also find it “hard to place capital” into Luxembourg and yields are low for a small market.

Yields for the best office buildings in prime districts like Kirchberg and Cloche d’Or stand at 4.35%, while in secondary locations in the suburbs yields are between 5% – 6.75%.

The Grand-Duchy’s capital was also ranked fourth overall for an expected increase in rents and capital values in 2018.

London, on the other hand, was expected to see a fall in values on both counts and was ranked 27th overall.

“There is not a lot of tangible evidence of Brexit’s impact on the markets we play in – except in Luxembourg,” said the head of real estate at a European insurance group.

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