Solomon Mines Luxury Jewish Magazine August - December 2015

Solomon Mines LUXURY JEWISH MAGAZINE

AUGUST 2015

RALPH LAUREN FASHION MOGUL TURNED RESTAURANTEUR

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Team

Tomer Ben Chief Executive Officer

Kathryn Keeling Sales Director

Nathan Nathan Director

Viktoria Valerie Radar Fashion & Beauty Editor

Noam Estaban Delarosa Editor

Mike Raven Design & Production

Silja Litvin Senior Correspondent

Noa Ella Israel Representative

Anna Golus Property Correspondent

Ricardo Gay Luger Official Photographer

Ondine Cowley Guest Columnist

DEAR READERS,

ABOUT:

Welcome to Solomon Mines Summer Edition 2015.

Solomon Mines is a luxury Jewish Magazine distributed on a bi-monthly basis throughout the world. A complimentary publication, our vision is to provide quality bespoke news analysis, reviews and interviews with some of the world’s leading figures. Main coverage includes business, philanthropy, arts and culture and luxury lifestyle. (nonpolitical).

We are delighted to provide you with an exclusive overview of the whole spectrum of luxury lifestyle, including: philanthropy, business news, real estate, arts, culture, fashion, travel, motoring, culinery and more.

RALPH LAUREN, who is known to have shaped 21st century fashion trends, inaugurates his 3rd restaurant, the Polo Bar. The sophisticated American dining venue on Manhattan’s 5th avenue is adorned by a string of celebrities and world leaders.

GLENN SPIRO - a master jeweller who is responsible for creating some of the most fascinating jewellery of our time, provides Solomon Magazine with an exclusive insight into the G Collection at Harrods Fine Jewellery Room.

SHARI ARISON is continuously praised worldwide for her successful philanthropic endeavors. We review her latest NY Times Best Selling book ‘The doing Good Model’, which provides effective steps for leaders.

SOTHEBY’S INTERNATIONAL REALTY, the renowned luxury real estate agency provides you with an exclusive strategic overview of Palma de Mallorca’s property market for investment or leisure purposes.

We hope you that enjoy this Edition and find it insightful, inspirational and entertaining. Should you wish to appear in next edition of Solomon Mines September 2015, please contact us.

Kind Regards, Noam Estaban Delarosa Editor

DISTRIBUTION CENTRES: Over 15,000 copies are strategically placed within key affluent Jewish centers in London, NY, LA, Miami, Monaco, Geneva, Antwerp, Paris, Milan, Frankfurt, Mallorca and Israel. This includes synagogues and community centers, first-class service providers, luxury estate agents, key social and business functions, boutiques, residential complexes, yacht & car dealerships, 5 star hotels suites and airport lounges.

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CONTACT DETAILS: Solomon Mines Ltd. Berkeley Square House, Mayfair, W1J 6BD, United Kingdom London Office: + 44 (0) 2071128286 Israel Office: +972 (0) 528385453 Email: info@solomonmines.com www.SolomonMines.com Join the conversation on Facebook, LinkedIn and Instagram.

Contents 10. Interview: Glenn Spiro Review of some of the world’s rarest gemstones.

12. Book Review: Shari Arison A leadership book by renowned business woman and philanthropist.

14. Main Feature: Ralph Lauren Review of the fashion mogul’s newest Manhattan Restaurant.

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18. Philanthropy: John Paulson Wall Street Hedge Fund Manager £257,000,000 record breaking donation.

20. Art Section: Our Correspondents reviews Art Basel and speaks to Art Dealer Michael Sakai and Australian artist Hannah Grossberg.

25. For Her: Beauty & fashion, psychology and the latest trends in women’s lifestyle.

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28. Feature: Lord Balfour A exclusive interview with Lord Roderick Balfour, 5th Earl of Balfour.

33. Luxury Interiors: Roy Akirov Tips from Beverley Hills luxury floors specialist.

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38. Mallorca Real Estate: Sotherby’s International Realty luxury property market overview.

44. Israel News:

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Quailty bespoke news from Israel.

50. Global Directory: Solomon Mines recommended service providers.

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SOLOMON MINES | INTERVIEW

MASTER JEWELLER GLENN SPIRO is a Master jeweller specialising in some of the most exquisite gemstones in the world. He offers unique pieces to top collectors who come to him for the rarity of his gems and for his designs that exude modernity and confidence, but are also timeless in their appeal. This year, after 30 years of discreetly acquiring some of the world’s finest gems and creating jewellery masterpieces for the most discerning and knowledgeable collectors, Spiro opens his first G by Glenn Spiro Salon at Harrods Fine Jewellery Room.

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orn and educated in London, Glenn Spiro trained as a master jeweller with English Artworks and was later appointed as Senior Director of Christie’s and International Specialist of their Jewellery Department. A true innovator, Spiro’s unique approach to combining unusual materials with nature’s treasures produces breathtaking, cutting edge designs.

What sets Sprio apart is the impact his jewellery makes, often a riot of coloured stones, the pieces may combine traditional precious metals with more innovative materials including titanium and carbon. The forms are bold and unexpected, yet have a calm balance of proportion and scale.

Having seen the G by Glenn Spiro Collection at Harrods, I witnessed that each unique piece tells a different story. Was this your intention?

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Absolutely. I love gemstones and I am truly passionate about them. All my stones are very old and have a lot of character and history, so each of them tells a unique story. Over the years, I have amassed a huge collection of jewels and I never get bored looking at them, but the best feeling is when I see them on people, as it is so exciting to see the reaction they evoke.

What is the secret for achieving such results?

We don’t follow the trends or make pieces because they sell well; instead we take our own path, and prefer not to follow the normal business formula.

We buy things that we are passionate about and I think this philosophy and approach resonates with a very discerning group of people who come to us for our work, and understand the beauty and rarity of the pieces we present to them.

Where do you see G by Glenn Spiro in 10 years? What are your hopes and dreams for the house?

I hope we will stand the test of time because the level of craftsmanship and the stones we source and work with are unparalleled, and increasingly hard for customers to find. We operate like an old fashioned atelier creating one of a kind jewels, and I think the top collectors out there today want this, they are bored seeing the same jewels in London, Paris, Hong Kong

and New York- they want something truly different. Due to the natural beauty of the gems we work with, and the intrinsic value they hold, there is also a timeless appeal to our pieces, I sometimes see pieces we created 10 or 15 years ago and they are still as relevant today as they were then.

Joe Spiro, his son recently joined the family business and alongside his father co-created a breathtaking collection of titanium engagement rings called ‘I Do’. Currently working at the Harrods Salon he deals with some of the most discerning buyers and private clients.

Spiro delights in the unexpected, be it setting a single diamond on a vibrantly coloured blue or pink titanium band for a collection of engagement rings, or artfully setting pave diamonds on the inside of the shank of an important sapphire ring, the form and aesthetic of his designs are always surprising. No part of the jewel is too insignificant for his attention, who ensures that even the unseen parts of a jewel are expertly finished, and delights in details such as setting diamonds under the centre stone of a ring for the owner’s secret enjoyment. It is these unexpected, utterly luxurious details that add to the overall allure of Spiro pieces as a wearable works of art.

Joe, you now play an integral part of G by Glenn Spiro, having worked on a collection that appeals to a younger generation. Do you think that in the future you will be able to follow in your father’s footsteps and design pieces like him?

I truly hope so, but the task ahead is immense. This was why before joining the business I travel around the world learning as much as I could about the fascinating world of gemstones. My father’s passion has definitely passed on to me and I am really enjoying working with the pieces and seeing peoples reactions to them. As a designer, some people say that you are either born with it or not, and I think I

that I have inherited it as the response to our ‘I Do’ collection has already been great, but its early days.

The collection in Harrods is truly unique and we recommend our readers visit the permanent exhibition in order to truly witness one of the greatest wonders of the jewellery world. While pictures may illustrate the artistic direction of Spiro and reflect his attention to detail, it is nothing when compared to when you hold the pieces or see them worn. There is a lightness and an artistry to the work that is truly awe inspiring. The G by Glenn Spiro Salon is based in the heart of Harrods Fine Jewellery Room by the worldrenowned stores of Graff, Fabergé, De Beers, and Cartier. Ultimately we think what best describes the G by Glenn Spiro Collection is that it is a celebration of life.

Harrods Fine Jewellery Room 87-135 Brompton Road, London SW1X 7XL Glennspiro.com

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SOLOMON MINES | BOOK REVIEW

SHARI ARISON’S BOOK REVIEW: THE DOING GOOD MODEL Based on 13 fundamental values for the benefit of society, economy and ecology, the innovative book serves as a practical day-to-day tool for integrating positive values into the core of businesses, non-profit organizations, communities and individuals.

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anked by Forbes as one of the most influential women in the world, SHARI ARISON has been praised by former U.S. President Bill Clinton as “Profoundly impacting the world in a positive way, touching lives everywhere with an everlasting pursuit to make the planet a better place.”

Arison is owner of the Arison Group that operates in more than 40 countries across five continents. Her business arm, Arison Investments, operates in the fields of finance, infrastructure, real estate, renewable energy, salt and water.

Its philanthropic arm, The Ted Arison Family Foundation, houses the organizations Essence of Life, Goodnet, All One and Ruach Tova that operates Shari’s global initiative Good Deeds Day. ‘The Doing Good Model Book’ is Arison’s fourth hardcover in the field of positivity and provides tangible tools to assist global leaders make better decisions. Her sustainable valuesbased business model can be introduced and implemented in organizations both small or large. In fact, implementation of the ‘Good Model’ has already begun internally at the Arison Group as a practical tool for integrating values in core activities. As part of this ongoing process, crossorganizational forums were established to encourage active involvement at every level by brainstorming ideas together, devising practical tools, and enhancing values-based activities worldwide.

Your book presents 13 core values for unleashing positive actions in business. What is the Language & Communications chapter about?

I truly believe that language itself can either build societies or destroy them. Words have a tremendous power, as they directly manifest our thoughts and characteristics.

The Language & Communications chapter describe how language in any scenario of our lives can be turned positive. For example, when I introduced Language & Communications to my employees at Arison Group they suggested an idea called “Positive it”. They look at corporate

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communications and turn negative communications into positive. On a practical level it means that if an employee comes up with an idea or problem, instead of saying, “It can’t be done”, we encourage turning the language into “How can this be done? How can we solve this?” Actually we have found that this creates mental shifts in people’s lives, even outside of professional settings.

Do you have any role models?

For me there have always been three key people that I admire, the first is Martin Luther King, second, Mahatma Gandhi and third Mother Teresa. These revolutionary leaders have created sustainable positive change in the world by peaceful means, and I truly respect this. They were companionate and caring individuals with a deep-rooted passion for their cause.

Arison has been promoting her positive philosophy to the world since 2007 with an annual ‘Good Deeds Day’ that began in Israel and has spread globally to over 60 countries.

In nine years, over 3 million volunteering hours have been given to the society and at this years event in April 2015 Pope Francis participated.

Arison Said: “The Good Deeds Day is a day that connects between people of all ages, cultures, and religions. It has crossed all borders to become an international tradition, where people from all walks of life unite around the simple idea that every person can do something good for the benefit of others and the planet. The next day will take place in April 2016 and we are certain that this initiative will continue to grow and expand in the future.”

Arison is also part of The B Team, a nonprofit initiative led by Sir Richard Branson and former Puma CEO Jochen Zeitz to “advance a Plan B that places values at the core of business.”

“ Business and philanthropy form a powerful platform for positive change ”

Arison is optimistic about the power of every positive action, but she knows that effecting change takes time, particularly inside businesses. “All of this is a process. It has taken me years to find the right Chairman and Managers as well and the right people who are passionate about making a difference.”

The book ‘The Doing Good Model’ is translated into 17 languages and circulated in 48 countries. It ranks 1st on Amazon’s bestsellers Free Enterprise List, 1st on Barnes & Noble’s Bestsellers Business List, USA’s Today Top 150 Combined Best Sellers List and the MIBA Indie Bestsellers List.

To purchase visit: www.thedoinggoodmodel.com The interview is taken from Shari Arison’s public appearance on Forbes TV. (Picture credit: Wikipedia)

SOLOMON MINES 13

SOLOMON MINES | FEATURE

MANHATTAN DINING REDEFINED

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BY DAVID MILLER

SOLOMON MINES 15

(Picture source: RalphLauren.com)

At the age of 26 Ralph Lauren established one of the most recognizable brands in fashion - Polo. Five decades later, the business leader continues to surprise the world by opening his 3rd restaurant, The Polo Bar located on Manhattan’s 5th Avenue. The quintessentially American venue offers New Yorkers a classic dining experience.

SOLOMON MINES | FEATURE

RALPH LAUREN’S Paris restaurant, Ralph’s, is a classic American dinner and RL in Chicago is a fashion eatery oasis in the middle of the ‘Windy City’, but nothing compares to the designer’s newest NYC restaurant. Lauren’s third restaurant includes all the ingredients that make his style so quintessentially American with a touch of a top-class private members clubs.

Lauren said: “I am drawn to the kind of food that people truly enjoy, vibrant food that people want to return to time and again. I have always designed into worlds that were inspired by the way we live. Food and sharing a meal with family and friends is so much a part of that. Creating a restaurant in NY as an extension of those worlds is totally natural to me.”

Henry Koehler’s polo match inspired mural embraces the walls (397 horse paintings), with country-club style leather accents and luxuriously hand-crafted interiors. It’s an ode to the preppy American, the Wild West and the sporty style that Lauren represents in his collections. The waiting staff are beautifully outfitted with custom RL grey flannel trousers, leather wingtips and silk rep ties.

In 1968 when you established your brand, why did you decide to call it Polo?

Lauren said: “I never thought that I would become a designer, nor did I think I would be a restaurateur, but when the opportunities presented themselves, i.e. a space in Chicago, a beautiful courtyard and stable in Paris and now the space on 55th Street that was once the home of Le Pavilion, it seemed the perfect way to go.” (Le Pavilion belonged to Henri Soule, the Restaurateur that defined the US taste in haute and Gallic cuisine throughout the 1940’s and 1950’s).

The traditional New England-style interior features a brasstopped bar, parquet flooring and tan leather banquettes and is inspired by ‘old-school’ New York dining establishments.

Guests can enjoy cocktails and snacks at the bar or cozy up next to the polo saddles by an open fireplace. Downstairs, the main dining room is adorned with equestrian art and a wood panelled ceiling and also features a private dining room for up to 14 people. The cloakroom is particularly avant-garde with a sparkling incarnation of a tack room, complete with polo mallets and bridles.

“I love sports, and I couldn’t call it baseball or basketball.

Somewhere along the line, I was following some horses, and I remembered [Porfirio] Rubirosa who was a flamboyant guy in the period and it was a really elegant sport. It was like a sport for kings. When I came out with the name, everyone said, “What is that? Marco Polo?” No one in America knew what polo was.”

Over the years you have expanded your brands to include; Polo by Ralph Lauren, Ralph Lauren Collection, Purple Label, Black Label, Blue Label, RRL, RLX, Childrenswear, Denim & Supply, Chaps and Club Monaco. You also operate in three-business segments, wholesale, retail and licensing and now you also run three international restaurants. Did you envision all this when you started selling ties at the age of 26?

“I didn’t have a vision as in ‘this is where I’m going’, I had a vision as in, ‘this is what I love to do.’ The ties, as simple as they were, looked very different from other ties, they were wide and unusual. I never said to myself, ‘I’m going to be the greatest’, I just wanted to do my own thing. I’d worked for a tie company, and I said, “Can we do this kind of tie, I think we could sell them in New York?” This older guy who ran the company said, “No, the world will not buy The American Icon’s personality and passion for equestrian sport, is emphasized throughout the venue.

The venue is regularly frequented by celebrities and booking can take up to 2 months.

SOLOMON MINES RECOMMENDS: Bread: Hot, melting popovers crusted with Gruyère cheese.

Starter: Crudites: Fresh vegetables with homemade ranch.

Main Course & Side Orders: Alaskan Black Cod, Mashed Potato with Salted Vermont Butter and Pan Roasted Brocollini with Lemon Zest.

Wine: Chateau Cheval Blanc 2006.

Dessert: Five-layer chocolate cake with whipped cream.

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your merchandise.” That was a big statement to say to a 26 year old kid.

The guy laughed at the idea of doing your own thing.

I left there and started out of a drawer in the Empire State Building. I used to go out and find rags and make them into ties, and then I’d carry them to stores and sell them. People started saying, “More, we want more.” That was so exciting for me. A guy from Neiman Marcus came to my office one day and said, “Let me look at your ties.

I’ve been seeing them around.” Then he said, “Would you send these to the main buyer?” At the time, I wasn’t big on flying, I had little kids, and I wasn’t that experienced in jetting all over the place. But I got my little rags together, got on a plane, and flew there, because I knew the buyer wouldn’t understand

my ties unless I explained them to him in person. I came home with an order for 100 dozen! That was my first big success. I thought, “I can do this, I’m in business.” After that I wanted to sell to Bloomingdale’s, which was the kingpin store in New York. When I finally had the chance to show the buyer the ties, he said, “Ralph, I like the patterns, but you got to make them a quarter of an inch narrower and I want you to take your name off and put on “Sutton East” - that was their private label. I said to the guy, “Gary, I’m dying to sell to Bloomingdale’s, but I’m closing my bag now and going home because I can’t take my name off, and I can’t make the tie a quarter of an inch narrower. With time, this decision was proven successful as I built a £6.5bn business with a tie. But

the question I’m still asking myself every day is: “What else can I do? How much further can I go? Could I build a media business? Do I have anything else to say? It is important for me to emphasise that I do not pursue this for financial reasons, but for excitement and passion. Whenever I’ve done anything, I’ve done it because I had something to say about what I believe in and that’s exactly why I created the Polo Bar in NYC. I get great pleasure in making my own statement, and in fact this is my greatest joy in life.”

Booking is essential.

The Polo Bar. One East 55th Street, New York, NY 10022 Tel: 212-207-8562 Reservations@PoloRalphLauren.com

SOLOMON MINES 17

SOLOMON MINES | PHILANTHROPY

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he son of Romanian Jewish immigrants who has established an £12bn investment management firm, donates top Ivy League school with the largest gift in the establishments in history.

John Paulson grew up in a middleclass NYC family at Le Havre complex within the Queens neighbourhood. At an early age Paulson started working with his father, importing clothes from South America and selling them locally. In the late 1970’s, he obtained a scholarship to attend Harvard’s prestigious MBA Program, and this month, four decades later he returns to Cambridge to rename the School of Engineering and Applied Sciences School (SEAS) in his honours.

system by successfully predicating the US subprime mortgage-lending crisis and effectively betting against, it using credit defaults swaps. In one single year of trading, Paulson earned a staggering amount of £2.5bn. In the last eight years, his wealth grew by an additional £5bn.

“Today is a special opportunity for me to thank Harvard” Paulson said at the inauguration ceremony.

“There is nothing more important to humanity than to improve education and welfare. For 379 years, Harvard has had a profound global impact across a multitude of disciplines that benefits all of humanity. My gift will help continue that legacy by making SEAS a 21st-century engineering leader. It provides a solid endowment for facult

WALL STREET HEDGE FUND MANAGER JOHN A. PAULSON DONATES HARVARD UNIVERSITY ITS LARGEST GIFT IN HISTORY Paulson worked for the Boston Consulting Group, Leon Levy’s Odyssey Partners, Bears Sterns, Gruss Partners Lp and in 1994 went on to establish Paulson & Co Inc. An investment management firm specialising in global mergers, event arbitrage and credit strategies.

In 2007, Paulson sent shockwaves across Wall Street and financial

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y development, research, scholarships, and financial aid. Furthermore, SEAS is the next frontier for Harvard, and its expanding campus in Allston promises to become the next major center of innovation.”

Through research and teaching, SEAS faculty and students address some of the greatest challenges facing society.

SEAS laboratories have achieved

John A. Paulson

remarkable discoveries, including recent breakthroughs such as an organ-on-a-chip platform that can be used for drug testing, a swarm of self-organizing robots, novel nanotechnology devices that are changing optical electronics and an implantable cancer vaccine. They also create new knowledge about the links between atmospheric chemistry and climate change, and a robot that can assemble itself from a flat sheet and create items using 3d printers.

Drew Faust, President of Harvard University said “John Paulson’s extraordinary gift will enable the growth and ensure the strength of engineering and applied sciences at Harvard for the benefit of generations to come. His appreciation of the importance of SEAS to faculty, students, and Schools across the University has motivated a historic act of generosity that will change Harvard and enhance our impact on the world beyond. John is the epitome of a visionary leader as he understands that this gift will be the cornerstone for a Harvard campus in Allston where multiple disciplines can converge and combine their passion for knowledge, unleashing discovery in ways that truly benefit society and the world.”

Paulson’s gift comes in the midst of The Harvard Campaign, publicly launched in last year. The campaign seeks to raise £4bn to shape the future of education with a focus on University aspirations, including advancing new approaches to teaching and learning, attracting and supporting the best students and faculty, creating a campus

£257,000,000 Donation for the 21st century, and supporting multidisciplinary research. Student interest in engineering and applied sciences continues to grow rapidly. The number of undergraduate concentrators has risen exponentially in recent years, and this past year the introductory computer science course CS50 became the most popular course at the College, with more than 800 registered students.

Natalie Portman has Psychology degrees from both Harvard University and the Hebrew University Jerusalem.

She is also a Guest Lecturer at Columbia University.

Mike Bloomberg during his speech at Harvard University’s 363rd Commencement Ceremony.

Incoming Dean, Francis J. Doyle III will serve as the inaugural John A. Paulson Dean of SEAS, in addition to assuming the John A. and Elizabeth S. Armstrong Professorship of Engineering and Applied Sciences. He said: “There is no easy formula for innovation, in both the physical and digital worlds - in both atoms and bits - but SEAS accomplishes both. From the groundbreaking ‘sharing economy’ entrepreneurship of Airbnb co-founder Nathan Blecharczyk to the transformative work of biomimetic engineer Professor Joanna Aizenberg, SEAS demonstrates what’s possible when you combine a world-class research and teaching environment with a fundamental commitment to the liberal arts. That’s engineering at Harvard - that’s what this gift will generate.”

Harry R. Lewis, interim dean of SEAS and Gordon McKay Professor of Computer Science said: “SEAS has a rich history of extraordinary discovery and innovative teaching and this monumental gift will enable our faculty, researchers, and students to build on that legacy and fulfil our vision to maintain our position as the world’s premier engineering and applied sciences program.”

Notable Harvard Alumni’s Include: John F. Kennedy, Theodore Roosevelt, Bill Gates, Michael Bloomberg, Henri Kissinger, Astrophysics Brian Schmidt (Nobel Prize), George Weller (Pulitzer Prize), Brian Greene (String Theory), Lloyd Blankfein (Chairman of Goldman Sachs), Robert Oppenheimer (Physicist ‘father of the atomic bomb’), Frederic, Crown Prince of Denmark, Yo-Yo Ma and Benjamin Netanyahu.

Paulson concluded: “As an alumnus of Harvard, one who has benefited greatly from the education I received here, it is both a privilege and an honour to support the long-term vision of this revolutionary establishment.”

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SOLOMON MINES | ART

ART BASEL SHOWCASES ART WORTH £2.8BN Art Basel stages the world’s premier art shows for Modern and contemporary works, sited in Basel, Miami Beach, and Hong Kong.

Defined by its host city and region, each show is unique, which is reflected in its participating galleries, artworks presented, and the content of parallel programming produced in collaboration with local institutions for each edition. In addition to ambitious stands featuring leading galleries from around the world, each show’s singular exhibition sectors spotlight the latest developments in the visual arts, offering visitors new ideas, new inspiration and new contacts in the art world.

Zurich Hauser & Wirth President, Iwan Wirth, told Solomon Mines Magazine: “Business at this year’s Art Basel has been brisk and continuous.

We are proud to have placed more works in museum collections than ever before in our history at the fair, including a significant piece by Mike Kelley. We also managed to place all four of our unlimited projects – a testament to the unrivalled reputation of Art Basel and the collectors it attracts.”

Alongside major private collectors from Europe, North and Latin America, and Asia, representatives and groups from over 80 museums and institutions from across the world attended. It staged work from the 1900’s to 1970’s in closer proximity to each other, and creating a stronger focus for their outstanding historical material, which included premier pieces by: Chagall, Ernst, Magritte, Rothko, Schiele and Picasso.

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Marc Spiegler Art Basel Director

(Pictures coutesy of Art Basel Press Office)

The show, in its 46th year at Basel Switzerland, presented 284 galleries from 33 countries, exhibiting the work of over 4,000 artists. A total of 14 galleries showed in Basel for the very first time coming from China, France, Germany, Hong Kong, Israel, Italy, Japan, Switzerland, the United Arab Emirates and the US. Over 98,000 visitors attended the event over the six-day show.

60 Seconds

with Michael Sakai

HANNAH GROSSBERG You have a reputable talent for spotting early talents, what is your secret?

Having been in the art world for the last 30 years and a 3rd generation in the industry, I started out with ancient art, then modern which has evolved into pop, contemporary and street art, I have seen a great deal of artists and interacted with a huge number and diverse range of collectors from all over the world. I find that this gives me the insight to filter from the thousands of artists that approach us every year and choose just only a few to promote.

Why do you think that people like street-art and does this form of expression has a future?

Many people think that street art is associated only with artists like Banksy, however this art form is over 50 years old. Street art has now fused with contemporary art to become the fastest growing movement since pop art and accounts for a huge number of sales globally every year. I believe that it is here to stay.

What do you think of Art Basel and other reputable international fairs?

Over the last decade in particular the number of fairs all over the world has increased dramatically as people’s appetite for art increases, both as an investment tool and as a cultural experience, therefore, art businesses try to capitalize on this and reach potential clients at holiday resorts: Hamptons, Monaco, Basel and Frieze.

What does Art means to you?

Everyone has different taste and likes different types of art, but also peoples’ moods are dynamic, so I think art is a portrayal of what people endeavour and see what resonates with their lives.

How can a price tag be attached to a piece of art?

How do you value an item?

Ultimately, I think that this is determined by the market supply and demand. The market is determined by the momentum of the artist’s sales, media and quality of where his works end up in.

Based out of a sun-soaked studio in Eastern Sydney, Hannah Grossberg is emerging as a game-changing artistic talent, with no limits to the application of her signature techniques.

By fusing traditional art methods such as oil painting and watercolour with modern skills including digital illustration, Grossberg starts to occupy her own space in the industry.

Where do you get your inspiration from?

My art is influenced by many sources; British painter Lucien Freud’s bold oil paintings, the impressionist Claude Monet and his iconic water lilies, and closer to home, the work of Australian artist Del Kathryn Barton. Furthermore, from a young age my mother has been my biggest influence. As a trained occupational therapist she saw art as a healthy outlet and a physical way of expressing ones internal self.

What are the key messages of you creations?

My oil and watercolour paintings have been recognized for their feminist aspects, playing with the female sensibility as I place nudes in a mystical haze where nature and the body coincide.

How does the fact that you are Jewish influences your art?

My Eastern European background inspires me to recreate the beauty that was taken away from so many talented artists in the 1940’s. I have been recently moved by the film ‘Woman in Gold’ as the restitution of the Klimt portrait to Maria Altmann powerfully symbolized her reunification with her identity.

I feel blessed in every moment to be Jewish as it governs my artistic practice with a sense of history and prompts me to restore the culture that was lost. Through my art I aim to offer an optimistic and bright perspective of the world as I see it.

How do you envision your art developing in the future?

My dream is to create a gallery where young contemporary artists can showcase their creative talents and connect with like-minded individuals. I would hope that this space encourages good energy and high spirits where people leave the gallery slightly happier and with a positive outlook on the world.

Grossberg’s art can be purchased via her website and Private Commissions are available. If you are interested in acquiring elegant and positive art then Grossberg’s is the right address Hannahgrossberg.com

SOLOMON MINES 21

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SOLOMON MINES | FASHION & BEAUTY

ONDINE COWLEY Hairstyle Column Since an early age I knew that I wanted to be a Hairstylist and that is why at the age of 15, I joined Nicky Clarke one of the best hair salons in the UK. Starting as an apprentice today I am an Advanced Director specialising in wedding and events hairstyling. I feel fortunate to work in an industry I am highly passionate about and travel worldwide styling celebrities, royals and business leaders.

A good hairpiece can beautifully compliment your style - why not try a tiaras, head chains, pins or hairs clips.

If you don’t want to wash your hair and don’t want to leave it down, simply put it in a slick ponytail and plait the ends. Finish by twirling your hair around the ponytail. The results will leave you with a fabulous and elegant look for the day. Alternatively ask your hairstylist to do it for you.

Nicky Clarke Moister Shampoo (£13, 300ml)

Alterna Caviar Repair Recovery Shampoo (£33, 150ml)

To avoid splits-ends and keep luscious, flowing and healthy looking hair, I recommend a trim every 6 to 8 weeks.

Kate Beckinsale is just wonderful, with the most amazing personality. We used Nicky Clarke Hair Raising, to get volume to the roots and a full head of Velcro rollers. I then tonged all of the ends for long lasting hold ready for a film premier.

Kate Beckinsale

Nicky Clarke Hair Raising (£16, 200ml)

Once a week add a hair treatment on toweldried hair for around 20 minutes. This will keep your hair moisturized and looking glossy for the summer.

Over the years I have styled Princess Beatrice’s hair many times. She has stunning glossy locks. We usually add a full head of medium sized rollers.

I start by adding Hair Raising to the roots in 80% dried hair.

Once I dry the product into the roots, I add a full head of Princess Beatrice Velcro rollers and leave them to set for 5-10 minutes.

Once the rollers are taken out, I add a spritz of hairspray to give a long lasting hold. In the picture above you can do the same blow dry so your hair lasts for the whole duration of your event. Then add a hat and pin it with hairgrips to make sure it stays.

Nicky Clarke Aragon Oil (£20, 75ml)

At the beach or the pool I recommend adding two drops of Aragon Oil and distribute it throughout your hair to achieve a healthy and shiny look. Re-apply after swimming to protect your hair from drying out.

Get The Look:

Wella Refined Texture Modelling Cream (£15, 75ml)

Top Summer Tips:

SOLOMON MINES 23

SUMMER MAKEUP TIPS When, if not during the summer, does a woman get to accentuate her natural beauty as well as play with the bold and colourful looks of the season? A beautiful natural and glowing suntan might be enough to make you look radiant, however the following five tips might enhance it. They are both suitable for daytime or summer evenings. Since everybody has a different skin type, bone structure and colouring I chose these five beauty icons to represent different types. It is quite important for you to understand what type you are and what palette you need for your look. For instance blondes or light skinned ladies usually should go easy on strong colours and stick to peach and nude tones. Those with darker pigments can use bronzer and bolder colours without looking overdone.

BY VIKTORIA VALERIE RADER, BEAUTY & FASHION EDITOR

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Great for both daytime and evening, this look sports a fresh, healthy and tanned glow that draws attention to the lips. Recommended Products: Giorgio Armani’s “Maestro Liquid Summer Bronzer” to illuminate the skin whilst adding a bronze shine, coating properly without appearing as if you are wearing makeup.

The “Double Powder” set from Charlotte Tilbury is one of this summer’s musthaves, combining bronze and glow in one package.

Using eye liner from Guerlain will accentuate your eyes without drawing too much attention away from the lips and mascara from Armani’s beauty line “Eyes to Kill”. Big eyebrows are popular this summer, and we recommend using Bobbi Browns “Brows Shadows” with “Rouge d’Armani Sheer Lipstick”.

The second look is very sensual and romantic, great for any occasion during the day. The look was created by Guerlain to be absolutely fresh and vital, but of course we don’t have to only use Guerlain product.

Usually one gets the best results by using different products and mixing them.

Guerlain foundation “Terracotta Joli Teint” is amazing for a sheer and untouched look, while Dior’s powder “Diorskin Nude Tan Tie Dye” finishes with a slight shine. Complete the transparent touch with Sisley’s “Palette Orchid Rose” blush and highlighter.

Eye shadows “Phyto -Ombré glow”, also from Sisley, and gloss from Lancôme “Lio Lover” add just enough colours to bring out your features without looking like you are wearing makeup.

This look will make you feel sexy and confident. Tom Ford and Yves Saint Laurent use this mood to achieve a summer look, emphasizing independent yet feminine women. Unlike our previous look, the skin is matt and artfully contoured.

“Luminous Silk Foundation” by Armani with “Luminous Silk Powder” will give you that matt finish while Tom Ford’s rouge “Cream Cheek Colour” adds just a little a bit of shine.

Sisley’s amazing new product “Phyto 4 Ombres” comes in a set of four shadows that have been designed to blend together perfectly, creating deep and sensual eyes without getting too smoky. To keep the lips matt use Guerlain “Rouge G de Guerlain” and style the eyebrows with “3 Couleurs Glow” by Dior.

Of course we can’t go through the summer without an innocent baby-doll look at our disposal, and I really love how well Victoria Secret manages to make their angels look so sweet and yet sexy. We start by using the legendary “Météorites baby glow” light reflector cream, by Guerlain as well as their foundation “Parure Gold”. Tom Ford “Small Bronzing Powder” gives a light and soft shimmer to the skin, while Bobby Brown’s blush “Brightening Brick Pastel Pink” mixed together with “Shimmer blush” creates that flushed phenomenon associated with innocence and youth. “Dior Addict Lip Maximizer” for a pouty finish and some mascara by Chantecaille and “Faux Clis Longest Lash Mascara” to get those big, yet sophisticated doll eyes.

The fifth and last look is a bit classier and reserved, keeping it subdued while drawing out the best of your features. Inspired

by Chanel it’s great for fancy summer nights out and red carpet events. Bobby Brown’s “Creamy Concealer Kit”, along with Armani’s foundation “Designer Lift” take care of any irregularities of the skin while “Shade Illuminate” by Tom Ford sculpts out high cheekbones. If you like you can add a subtle shimmer with “Les Beiges” powder

by Chanel. Chanel’s lovely rouge “Joues Contraste” creates a healthy blush and the lip-gloss by Sisely “Phyto-Lip Gloss” accentuates a lovely pucker. Eyeshadow

by Naked “Urban Decay”, eyeliner by Dior “Dior Addict It-Line” and mascara from Sisley “So Intense”.

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BY SILJA LITVIN, SENIOR CORRESPONDENT we are exposed to. When we meet someone for the first time, we accumulate all of the information such as height, clothing, posture, language, and facial expressions but along with these obvious cues, we receive crucial subconscious information such as pheromones, micro-expressions and cultural hints. Instead of feedback being a one-way street (you are feeling happy, so you smile), our bodies give us feedback in both directions (we are smiling, so that means we must be happy and the brain releases dopamine). Studies shows that people who experience slight fear as they cross a bridge tend

attuned to your needs. Below are my top tips.

BE FULLY HONEST WITH YOURSELF The better you know yourself and understand your needs (your needs, mind you – not what you think you want), the clearer you send signals to potential partners.

It is also ok not to know 100% what you want in life, just be internally honest about it to avoid negativity.

LISTEN PROACTIVELY When we speak we share the information we know, when we listen we can learn new things

THE PSYCHOLOGY BEHIND LOVE AT FIRST SIGHT I

will never forget how a family friend once told me that there is no love at first sight but maybe ‘attraction at first sight’ - love has to grow.

Being a young girl at the time and romantically inclined I did not take kindly to her opinion, and up to this day I am still pondering about what my beliefs should be.

Of course, in order to establish a strong hypothesis, one would need to find a general definition of love. Since that is a whole column in itself (or maybe a book or two), I will leave that for now and focus on what we call love at first sight. Most people are aware that the first few seconds of meeting someone now defines how we react to them. It is a mostly subconscious reaction born out of all the experiences we have had in our life. An automated pilot reaction system that is designed to assess and help process the never-ending information that

to attribute fears as arousal thus rating possible mates on bridges far more attractive than their peers in neutral scenarios. This is due to faster heartbeats, which make them think they are attracted to the people encountered at that moment. Put all this information together and you may have a ‘recipe’ for love at first sight. Scientists say that one day, we might even be able to develop an algorithm that can predict, monitor and evaluate the processes of falling in love.

If you have had a protected childhood set in healthy emotional environment then this is all very good news as your subconscious mind will find you a suitable partner and love at first sight can flourish into what my family friend calls ‘real’ or ‘true’ love, and the great part about it is that you can train yourself to become more susceptible to the signals your subconscious is picking up and therefore become more finely

that we do not know. While I introduced mostly subconscious reactions at the beginning of the column, the next step is to actively process information. It is very hard sometimes to come into a conversation without prejudices, but once we eliminate our own ‘life filters’ we see people as they are.

TAKE RISKS Meeting someone that moves our world in a positive direction can be as scary as it is exhilarating.

Opening up and becoming vulnerable may feel hostile at first, but true intimacy and love can only grow when you open up and not let fear get you.

ABOUT THE AUTHOR Born in Germany, raised in California, Silja Litvin is a London based PHD researcher in fields of E-Health Portals and relationships.

She plans to open a family therapy clinic in the near future.

SOLOMON MINES 25

FOR HER BANANHOT SWIMWEAR: £100 These swimsuits designed by Israeli models Neta Alchimister and Noa Beny are taking the fashion world by storm. Their highly exotic handmade couture is guaranteed to add a flair of playfulness to your beach wardrobe. Boutiques available in Italy, France, Belgium and Israel. Bananhotbikinis.com

ROSANTICA SCHIAVA GOLD-TONE PEARL HAIRCLIP: £200 An elegant and sophisticated hair clip by Rosantica Schiave. Its unique design and combination of gold and pearl will provide you with a fresh and classic look.

The hairclip is meticulously crafted by hand in the label’s Milan atelier and comes in a tie-fastening pouch.

Tie your hair with this beautiful gold hairclip to get a glamourous 60’s look from the era of Brigitte Bardot, Jackie Kennedy and Audrey Hepburn.

Net-a-porter.com

DR. SEBAGH PLATINUM GOLD ELIXIR: £395

MARK CROSS MANRAY SMALL LEATHER TRIMMED RATTAN SATCHEL £1,430 Mark Cross’ ‘Manray’ satchel is a chic accessory for warm weather destinations.

Expertly crafted from sturdy rattan, this structured piece is trimmed with white textured-leather and lined with red twill. Wear it cross-body with the detachable leather strap.

Great for summer days at the beach club or night time.

Markcross.com

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Dr Sebagh’s Platinum Gold Elixir is the closest you will get to the fountain of youth. This powerful formula harnesses unique peptides found in pure gold and platinum to firm, lift, protect and regenerate your skin above and below the surface. Mixed with a golden pigment, your complexion will appear more radiant with the first use - it’s a true gamechanger. It has a light citrus scent and boosts collagen to reduce the appearance of wrinkles. It contains 13 active ingredients, a powerful Botox-like complex to reduce and even prevent the appearance of expression lines, with a powerful hyaluronic acid hydrating complex, antiageing peptides.

Drsebagh.com

BURBERRY PRORSUM IRVING SUEDE SANDALS: £400 Perfect for the party season and beyond, these suede sandals from Burberry Prorsum are a truly sophisticated option. We love the strappy design, finished with a striking mirrored panel to the front. The gentle grey hue means they’ll work with all manner of colours and prints. Upper goat leather, with round open toe and buckle-fastening ankle strap. Burberry.co.uk

CHLOE YELLOW SILK GEORGETTE GOWN £3,800 This fully lined runway piece has been made in France from crinkled silk-georgette that hangs beautifully.

“Complement the bold marigold hue with gold accessories.

I wanted that one amazing shape that just hung off thin spaghetti straps,” said Clare Waight Keller of the silhouette that defined Chloé’s Summer collection. Net-a-porter.com

ROJA PARFUMS 100ML: £2,500 “I made this creation using all the materials I love the most. Having been asked constantly, what do you wear?”, usually followed by, ‘can I buy it?’ I decided to make a small quantity available each year” says Roja Dove. Jasmine, ylang ylang, and cananga form the heart of this creation, counterpointed by a fresh burst of bergamot, nestling on a dry, spicy base of clove, ginger, cinnamon, cedarwood, patchouli, and oakmoss. Finally, the fragrance is softened by amyris, orris, vanilla, benzoin, storax, and ambergris and features a Swarovski crystal cap. Harrods.com

DIOR ‘PRÉCIEUSES’ CHAMPETRE RING: POA The Précieuses Collection pays tribute to Christian Dior and his passion for nature by reinterpreting the wedding band with a narrative decoration that showcases traditional stones on a ring shank. This beautiful piece is made of yellow gold, diamonds, emeralds, rubies, sapphires, yellow sapphires and pink sapphires.

Available only within Dior Boutiques.

SOLOMON MINES 27

SOLOMON MINES | INTERVIEW

IN BALFOUR WE TRUST knowledge and a solid reputation that Arthur James Balfour who was the enabled me to launch the Virtus Trust 1st Earl of Balfour (1848-1930) is Lord and gain and international client base.

Roderick the 5th Earl of Balfour’s great grandfathers brother. Arthur, who What services does Virtus provide? served as the British Prime Minister and Foreign Secretary in the beginning Our mission is to provide independent of the 19th century, reportedly wrote and highly responsive services to the famous Balfour Declaration. handle the growing complexity of The letter is considered to be one of client affairs against a background the most important documents in of ever-increasing regulatory and Jewish history as it paved the way to fiscal tightening. We see ourselves as the formation of the State of Israel. facilitator in any matter that requires Today, his successor Lord Roderick a third-party fiduciary or ‘arm’s length’ Balfour is the Founding Director of Virtus Lord Balfour reading Solomon Mines Trust, a specialist firm at his Mayfair Office providing inheritance management and assets administration services.

Please tell us a little bit about yourself.

Educated at Eton College and London Business School, I gained experience in investment sectors including private client advisory and institutional fixedincome capacity, both as a broker and as a principal. From 1983 to 1990 I ran the dealing operations of the Union Discount Company of London, a highly leveraged financial arbitrage operation disintermediation between the Central Bank and markets. Following this venture, I joined the Rothschild Trust as a Senior Director and dealt with Trust Developments f0r 15 years (1990-2005). Subsequently I cofounded the Virtus Trust.

How was it to work at the Rothschild Trust that is part of NM Rothschild Investment Bank?

It was a fantastic experience and a wonderful place to work. The Rothschild’s are extremely friendly and know how to take care of their people. With the responsibility for trusts management and assets administration, I gained indispensable

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management, whether it be succession planning, tax optimization or asset protection. We work with many of the world’s leading lawyers, banks, tax and investment advisers to ensure that clients are optimally organized.

Handling cases with US family members and assets together with the associated tax considerations, has become a speciality and indeed we believe that we are still the only foreign non-bank organizations to be granted a Public Trust License in the USA.

Trustee and make sure that they have a solid reputation and the correct understating of international regulatory frameworks and bureaucracy. A well-managed Trust can be a very efficient way to reduce tax liability and secure efficient succession.

The Balfour family has highly contributed to the formation of the State of Israel, how does it make keep you feel?

We have always been very proud to be part of this history and we are pleased that the Jewish people have their homeland. I have many friends and clients that are Jewish and I highly value their ethos, hard work and philosophy.

This has produced some of the best financiers in the world, the best musicians, conductors, scientists, mathematicians and more. I also serve as the Chairman of the Anglo-Israel Association Annual Dinner and I enjoy supporting Jewish Care. In fact, last month I attended their charity event where Lionel Richie performed.

Do you collect particular?

anything

in

Yes, I enjoy collecting music memorabilia that reminds me of various periods; specifically of Frank Sinatra and I have a small album collection. The Balfour family history goes back many years in India, which gives me a great opportunity to further enlarge my book collection and photographs on the subject.

What is your message to our readers who are considering having a Trust?

Solomon Magazine would like to thank Maria Welker of Virtus Trust for facilitating the interview.

You have to be very cautious about the administrative qualities of your

For more information Virtustrust.com

visit:

“ AS A TRUSTEE MY MISSION IS TO ENSURE EFFICIENT WEALTH SUCCESSION ”

Virtus Trust Services Includes: Family trusteeships, private trusts, company administration, foundations, offshore corporate administration and directorships, protectorships, family advisory committees, fund (private) administration, investment manager selection and monitoring service, assistance with asset allocation, consolidated investment and performance reporting services, special purpose vehicles for cross-border transactional purposes, international charitable trusts, pension trusts, employee benefit trusts, intellectual property, environmental and other special purpose trusts, estate executorship and administration and use of insurance for tax purposes.

PHOTOGRAPHY: RICARDO GAY LUGER

SOLOMON MINES 29

CHÂTEAU LÉOUBE VINEYARD CÔTE D’AZUR

(Picture courtesy of Château Léoube)

A quintessential French vineyard on the shores of the Mediterranean, Château Léoube offers some of the best wines from the Provence. All their products are certified organic, the grapes are handpicked and the whole production process including bottling is done on-site at this beautiful estate. One of Europe’s most iconic nature reserves, Château Léoube stretches over 4 kilometres of magnificent coastline covering an area. of 650 hectares (65h of vines).

WINE PROCESSES in the 21st century have rapidly changed and today a lot of machinery is involved in the process, however this unique producer is different. Château Léoube is a biodynamic and environmentally friendly viticulture that works in line with lunar and seasonal cycles. The winemaker knows how to integrate traditional growing methods and therefore weed killers are strictly forbidden and this passion and attention to detail creates some of the best wines in the world.

Sparkling de Léoube

Collector

Jerome Pernot Head of Sales said: “Our philosophy at Château Léoube is to work in harmony with nature. Every process is kept in harmony with our founder’s commitment to achieve long-term sustainability to produce topclass products.”

MASTERS OF THE TRADE The Château Léoube Team devotes just as much of its time to grape growing as it does to winemaking and maturation. To do this, temperaturecontrolled stainless steel tanks have been adopted for fermentation as well as new concrete vats and casks used for storing wine. The Château Léoube cellar is designed to maximize gravity and keep the bunches intact right up until crushing and pressing. This delicate process takes over two hours at low pressure to get a clear and clean juice.

This juice then spends between 12 and 48 hours in a tank at low temperature before starting the fermentation cycle.

Rosé de Léoube

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Olive Oil Azur

Pernot added: “Producing quality wine is like art. Our Internationally acclaimed dedicated team combines both the latest technologies and traditional growing tecniques that enables us to produce very distinctive wines. When you try them, the distinctive characteristics of the Provence region is apparent.

Château Léoube production is over 320,00o bottles per year with the breakdown as follows: 70% Rosé, 20% Red and 10% white.

The estate also specializes in natural organic Olive Oil. These unique olive trees have their roots in over 2000 years of history and are planted in a mixture of hardy schist and clay soils caressed by sunshine and sea breezes. Over 5,000 are trees grown from three successive generations to produce two kinds of oil from the same varieties; unfiltered, moulded by light and warmth.

The Estate can be visited year-round and is also available for private events hire.

All products are available exclusively via Daylesford.com, Davy.co.uk, Goedhuis. com and Chateauleoube.com For further information, please contact: Jerome Pernot, Head of Sales.

2387, Route de Léoube 83230 Bormes-Les-Mimosas France Tel. + 33 (0) 4 94 64 80 03 jeromepernot@chateauleoube.com

BY CLAUDIO MARTInES, GUEST COLUMnIST

traditionally preoccupied by the prestigious chateaux of Bordeaux.

The finite quantities produced, ever decreasing through consumption generally ensures predictable growth in the long-term with a perfectly inverse supply curve. Fine wine is a tangible asset whose prestige and desirability increases with its value and so may be understood as a positional good. Emerging markets across Asia, as well as the growth of the new economies (Brazil, India and Russia) is exponentially increasing both demand and competition for

to Wine Investments, for further reference speak to a Tax Consultant.

Portfolio Valuation Solutions

&

Storage

Our wines are held at LCB – Vinothèque, a bonded warehouse based in Burton-Upon-Trent, Staffordshire. Vinothèque is a grade II listed building which provides ideal conditions for the storage of fine wine, wine cases are clearly labelled with an individual lot number, specific to its owner, and the well organized computer system makes each case

FINE WINE INVESTMENT FINE WINE has outperformed almost every other major financial index over the past two decades. Fine wine possesses a remarkable track record as an investment with an extended period of annual growth. Past performance data have seen growth rates in the region of 12-20%. One of the major benefits of fine wine include the fact that it is not directly influenced by the other markets therefore, even in times of economic challenges, growth of fine wine continues, Moreover, the fact that wine is a consumable item, every time someone pulls the cork of a bottle, the value of the remaining bottles in the global market increases due to its limited quantity. Whilst traditional markets have been stable or witnessed losses over the last ten years the investors in fine wine have seen yearly double-digit returns over the past years. Wine as an investment has traditionally been associated with low levels of risk and stable returns, thanks to its unique characteristics as an asset. Less than 1% of all wine produced worldwide may is considered investment worthy, with the market

finite supply of fine wine. The delicate balance of managing supply and demand has probably never been more focus in the entire history of fine wine investment trade. Traditionally the best wine from Bordeaux, first growth chateaux mainly and Grand Crus from Burgundy show the highest capital growth. Recently new upcoming wineries from the new World, Australia, USA and other Old World countries like Italy, Spain and Portugal reflected even greater profits compared to the traditional wine sold as investment.

Budget & Investment Timeline The minimum level of investment required is £5,000 in order to build a diverse portfolio and access stock with the strongest growth potential. We suggest investors to set a minimum 3-5 year perspective for their portfolios in order to benefit from a typical market cycle, with an optimum term of 5-10 years. However, should you wish to sell your wines at any stage, we will liquidate stock upon request. no VAT, Capital Gain or Income Tax is applied

instantly locatable. LCB is the largest and oldest bonded warehouse in the UK, storing wines in a managed optimum climate where temperature and humidity are regulated to keep wines in perfect condition. You will receive documentation from LCB certifying you as the sole owner of the wines. If you would like to see the wine we can assist in arranging condition checks and photos or personal visit to verify stock on site. If you are in possession of fine and rare wines, we will be more than happy to buy your wines or to act as a broker on your behalf (free independent valuation of current holdings).

About the Author Having grown up in Dão-wine region of Portugal, Claudio has been heavily influenced by the market and has spent his life immersed within it. Aside from spending the last fifteen years in the industry as a Sommelier and a Consultant for various wine producers, Claudio has become in recent years one of the wine industry leading experts.

Montevino-partners.com

SOLOMON MINES 31

“WHETHER YOU ARE an avid fine wine connoisseur, novice or simply just an individual looking to construct a portfolio for monetary reason, we at Montevino provide the platform and guidance you need to move forwards and embark upon THE EXCITING JOURNEY, THAT IS FINE WINE.”

- It’s not just where we came from, but where we can take you -

Montevino Team

MONTEVINO PARTNERS Eagle Way, Stonebridge Road, Northfleet, Kent, DA11 9BJ, United Kingdom E: info@montevino-partners.com T: 0044 (0) 474552260 www.montevino-partners.com

LIFESTYLE MADE TO MEASURE J

onathan Betesh is a Solicitor and entrepreneur providing quality bespoke tailoring (Jonathan Betesh) and luxury lifestyle services (The Coterie). Born and raised in nYC, Betesh grew up in a family dominated by many women which helped him develop a keen interest in fashion. At the age of 15, he started using tailoring services privately in order to seek the ultimate fit. After graduating from Law School, Betesh worked with one of Israel’s top litigators, Ram Caspi. Subsequently he decided to pursue his entrepreneurial ambition and passion to take his brand global.

What is your tailoring philosophy?

Tailoring is an art. Italians do it for the love of creation so I had to find the balance between respecting a client schedule and the tailors appreciation and patience for creating a unique suit.

In the beginning, I travelled to Italy for over two months, meeting suppliers,

manufactures and tailors. My main objective was to find out the quality of services I wanted to provide. I decided to work with a third generation Sicilian tailor (The Maestro) and use the Loro Piana fabrics. I am now very proud to provide a high standard of service, craftsmanship and some the best fabrics in the world.

What is the process and timeline for creating a ‘made-to-measure’ suit?

I host clients in luxury hotel suites around world where my team showcase a vast array of quality garments and fabrics to select from. We then carefully and systematically measure a client for around 30-45 minutes. The next stage is very exciting: We get to choose the design, the fabrics, the stitching, lapels, buttons, pockets and more. We take this very seriously as we aim to create a beautifully personalized suit that will match the clients lifestyle and personality. Once we have all the

measurements and specifications, The Maestro and the naples workshop team commences the delicate process of putting the suit together. There is zero room for errors. After 6 to 8 weeks the garment is finally created and we personally deliver it to our client. Our goal is to provide a perfectly fitted suit whether it takes one fitting or 10, and I can confirm that this has never taken more than twice.

What are the prices of products?

your

We use a large selection of luxurious fabrics such as the Four Seasons Wool, Zenith, Vicuna and the Record Bale, hence prices can vary. For overcoats we source the finest furs, including Mink, Orlyag and Chinchilla. Therefore, prices for a Suit starts at around £4,00o and up to £25,000, overcoats are from £6,000 and shirts from £400.

Which kind of services does the Coterie provides?

The Coterie that is part of the Betesh Group manages over 150 high net worth individuals. Clients usually request vacation planning for special getaways with family and friends and requirements includes private aviation, yacht charter, villa rentals and access to quality local service providers. We operate in 70 cities and the main regions booked are Israel, US, UK, France, Germany, Switzerland, Italy, Greece and Spain. On a legal aspect I provide legal services in Israel dealing mainly with commercial requirements.

Bespoke suits have been fashionable for decades, however the ‘travelling tailor service’ that Betesh provides enables discerning clients to have suits made anywhere in the world. In an era where clients require a solid service at any time and anywhere, nothing resonates more than this.

Jonathan Betesh at the Rosewood Hotel London

Thebeteshgroup.com

SOLOMON MINES 33

A boutique legal services firm based in London’s West End providing first-class personalised services.

We are proud to provide a solid track record for achieving prosperous results at minimal costs and as a result have developed long-term relationships with many organizations and private individuals.

• CORPORATE • PERSONAL • EMPLOYMENT • PROPERTY • DEBT & ASSET RECOVERY • LITIGATION • FAMILY • INTELLECTUAL PROPERTY Please contact us for a free consultation: Alex Marks, Senior Partner. 55 Queen Ann Street, London W1G 9JR +44 (0) 207 317 1166 | ajm@amlaw.co.uk | www.amlaw.co.uk 34

BEVERLY HILLS ROY AKIROV has been in the flooring business since 2004 when he and a number of partners formed ESB Flooring in Kingsbury, London. In 2010, Akirov moved to the US and in 2014 he launched Rhodium Floors and opened its flagship store on West Hollywood’s Melrose Avenue, only metres away from the Pacific Design Center.

Q

You supply quality floors to high net worth individuals worldwide. Which kind of products do you offer and why are they special?

We simply source the finest materials and handpick samples from all over the world. We travel extensively to research the market and try to bring our customers unique, bespoke and inspiring flooring solutions. Our collections include reclaimed wood, natural stones and metals, slabs, decorative cement and Rhodium Floors exclusive products.

What is your typical customers and how much does your flooring cost?

I deal mainly with private designers and architects for HNW clients, but when its bespoke - just like a dress or suit the client makes an appointment to come in and review their options and play a big part of the creation. Prices start from £9 per sqft and there is no cap limit, for instance we recently had a client who requested an historic floor from an estate to be refilled into basket weave patterns with Calcutta squares interweaved at £48 per sqft.

What are the current trends in the business?

Sometimes, clients walk in to our showroom with all sorts of ideas and inventions and we have to make it work. For the better part the US market are going wider on the plank sizes and longer, 10-12” wide is not unheard of and lengths of up to 20 feet at times. This is not the most practical of concepts

because very few mills are able to work on such sizes but we always manage to satisfy our clients needs no matter what it takes. The turn around of items in our showroom is seasonal whereby we create new displays - much like a fashion store, so clients are always on their toes not knowing what to expect the next time they visit the Gallery.

Can a floor enhance or influence a luxury interior?

Yes, we find that many of today’s modern buildings have monotonous magnolia walls and plain interiors and therefore colours have to appear on furniture and floors.

This is the first thing that people see when they enter a property. Therefore we can create unique patterned floors that shift the focus and grab attention.

What is your vision for Rhodium Floors?

To keep our clients coming back to us. I really aim for innovation and keeping up with European trends which are approximately 5 years ahead of US trends, hence I travel to Europe sourcing samples and attending interior shows. We are best known for our custom made floors and therefore we will always have that client walk in who just wants something out of the ordinary. We are very fortunate that many leading suppliers compete to showcase their selected items within our showroom space.

For more information visit: www.rhodiumfloors.com and www.decoracementus.com

Roy Akirov

SOLOMON MINES 35

FOR HIM A. LANGE & SÖHNE GRAND COMPLICATION WATCH: £1.8M The term ‘Grand Complication’ is used in a number of ways but traditionally it means that a watch has complications from three families: Calendars, Timing, and Chiming. In this case we get a Perpetual Calendar with Moonphase, a split-second chronograph with flying seconds, and a Grande and Petite Xonnerie with minute repeater. The caliber L1902 movement contains 876 individual components, 67 of which are jewels, and the movement was inspired by that of a Lange pocket watch from 1902 that took thousands of hours to restore.

THEO FUNNEL LU CUFFLINK’S: £5,250 Although the first cufflinks appeared in the 1600’s they didn’t become popular until the end of the 18th century.

King Edward VII was one of the first men to wear them a century later CoCo Channel commercialized the concept globally.

These Lu Cufflink’s are beautifully crafted from 18ct Yellow Gold and Red Enamel at Theo Funnel’s London workshop. The cufflinks are elegant and sophisticated and can be worn for business, pleasure or formal dinner.

The symbol derived from Chinese folklore tradition communicates status, prestige, power and success.

Theofennell.com

CEO Wilhelm Schmid told Solomon Mines: “Each unique timepieces takes an average of 12 months to assemble and this is why we offer only 6 watches worldwide. We have no intention of commercialising this.” Alange-soehne.com

BERLUTI OXFORDS PIERCING VENEZIA LEATHER SHOES £1,500

KINGSMAN DRAKES SILK POCKET SQUARE: £55

Part of the Louis Vuitton Moet Hennessey Group (LVMH), Berluti Italian (now French) powerhouse produces bespoke shoes for discerning customers including: Robert De niro, Andy Warhol, Yves Saint Laurent and Arnold Schwarzenegger.

Pocket Squares have been fashionable for a long time and this blue-white silk accessory is perfect for both formal and casual events. Best to try with a white shirt, black jacket and black jeans. The Drake blue pocket square has been exclusively made for Kingsman and designed exclusively for MR Porter. It measures 16” (41cm) by 16”. www.mrporter.com

Located in only 40 locations worldwide, the quality goods of Berluti are synonymous with attention to detail, craftsmanship and passion. The Oxfords Piercings were designed by Olga Berluti herself and are made from a single piece of leather. The brown lining is Calfskin and the patina can be amended as requested. If you have any colour that you particularly like, simply go to Berluti at Harrods Concession and tell Paul Arnaud, Sales Director that we sent you.

Berluti.com

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PRINCE RAINER III & GRACE KELLY 1958 RIVA TRITONE BOAT: £415,000

RINZ SOUND SPEAKERS: £18,000 Rinz Sound is a British Luxury Brand that produces highend sound systems and ultra-contemporary hi-fi speakers.

The new collection features panels of blended toughened glass, featuring a three-way loudspeaker collaboration with one of the UK’s best sound engineers. The speaker is in-built with a Kevlar woofer, sports a frequency response of 62Hz-22KHz +/-3DB and can handle power up to 150W. Beside unique design, customers can expect a bespoke colour matching service along with full installation and support with wireless connectivity. Rinzsound.com

This classic, one of a kind Riva Mahogany Boat was used during Cote D’Azur 1960’s glamour era, to whisk away Royalties, Film Stars, Politicians and Business Leaders to and from mega-yachts sailing around the French Riviera. Out of only 26 Rivas ever built, Rainer’s Tritone is the only one to be completely restored and comes fitted with its original Chris-Craft MCL 6-cylinder engines.

Rmauctions.com

ASPINAL HARRISON BAG: £695 Aspinal of London, quintessentially English handmade ‘Harrison Bag’ is specifically designed for active and versatile business individuals who are in need of a multifunctional bag. This bag can be used for business and leisure purposes, travel and day-to-day work or meetings.

The powerful brown luxurious leather, projects elegance, style and has a sporty feel to it. This bag is really unique because it can suit men of all ages. It also comes in black.

Measurements: Height 29cm, Width 40cm, Depth 20cm.

Available via Selfridges, Harrods and Aspinaloflondon.com

LORO PIANA WOVEN SUEDE COTTON BELT: £300 The subtle combination of colours on this belt provides a luxurious yet effortless touch that communicates vitality and elegance. Made in Sicily from prime woven cotton, supple suede and stainless steel, the piece can be worn with a polo shirt and short trousers. You can also add the belt to various trousers such as white, black and dark navy. www.loropiana.com

SOLOMON MINES 37

BUSINESS NEWS

BY NOAM ESTABAN DELAROSA

Carl Icahn Netflix Exit Generates £2.1bn Profit US business leader Carl Icahn sold his last shares of netflix after the S&P 500-leading stock doubled its price this year, reaping a profit of least £2.1bn in three years. “All nFLX shares have been sold,” Icahn wrote recently on Twitter, using the sharemarket ticket for the video streaming company. The activist investor, 79, held 1.41 million netflix shares, making the latest sales worth about £800 million at current prices. He paid an average £5 a share for the stock in 2012, suggesting a profit of up to £500 million on the latest batch. The world’s largest Internet movie streaming service has produced an epic windfall for Icahn. Previous sales in 2013 and 2014 produced a profit of more than £700 million. At one point, he had over 5.5 million netflix shares. According to Icahn, Apple shares represent a similar opportunity. “Believe APL currently represents the same opportunity we stated nFLX offered several years ago.” he wrote, throwing his weight behind the

tech giant in which he’s a major investor. Icahn owns about 53 million Apple shares, according to Bloomberg data, worth about £4.8 billion. netflix’s market capitalisation has soared eightfold to more than £30bn since 2012 as the company expanded its pioneering Web-based TV service to more than 50 countries, including Australia, and signed up more than 62 million subscribers worldwide. This makes the company more valuable than US media behemoths CBS and Viacom. netflix service has evolved from being solely a buyer of shows and movies to become one of the active producers of TV, documentaries and films, with a long-term budget that approaches £6bn, according to filings. Icahn last month published an open letter to Apple Inc. CEO Tim Cook arguing that Apple should buy back more shares and that the stock is grossly undervalued. He says it should be worth £150 a share.

Livingston Brothers Build Mini-Cities in South America For £780m LOnDOn & Regional, a UK-based property company plans to invest more than £300 million to develop a luxury Cuban resort, which could be the single largest investment in the island since the Caribbean nation began normalizing diplomatic ties with the United States. According to Financial Times, the 1.5 million square foot joint venture project is called Carbonera. The resort is located 65 miles north of Cuba’s capital Havana, near the Varadero beach resort. The Cuban state run company Palmares SA would hold 51 percent ownership in the venture. The resort is being developed with Canadian

and European clients in mind. They are also presently developing a £455 million mini-city near Panama City called Panama Pacifico, involving 250 acres of commercial development and 20,000 homes. They hope to cater to US clients in the near future. The International Monetary Fund (IMF) estimates that the lifting of the US embargo could push the number of tourists visiting the island to well over 6 million, double the present amount.

“We’ve long liked Cuba, and signed this deal before the US talks began,” Ian Livingstone told Financial Times. “I think the Cubans see it as something of a pathfinder project.” The Livingstone

brothers are no strangers to the region.

One of the largest projects undertaken by the London-based property company is the redevelopment of the Elizabeth House hotel in Central London, a venture estimated to be £605 million. The company holds a property portfolio worth £9 billion.

The Livingstone’s own many highend hotels, commercial as well as residential properties in London. They also own prime properties in Europe, South Africa and South America.

Forbes estimated their combined net worth to be around £2.93bn

Airbnb £1bn Funding Raises Company Valuation to £13bn THE home rental service led by CEO Brian Chesky reportedly raised funds from General Atlantic, Hillhouse Capital and Tiger Global. The pace of the race to the top of Fortune’s Unicorn List continues to hasten as startups raise ever larger sums of money to fuel growth and expansion.

Airbnb, the well-known home rental service headquartered in San Francisco, has closed a new £1bn funding round, according to reports from the Wall

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Street Journal and Financial Times.

The Airbnb website features more than 1.4 million entries of apartments, houses, rooms and exotic places for rent. The company generates revenue with its 3 percent commission for every successful booking on its webpage. It also collects around 6 percent to 12 percent service fee from guests. Revenue sales of the home rental service company are expected to surpass the £572 million mark this

year. Airbnb generated £160 million in revenue in 2013 and the company projected its revenue to reach £6bn in 2020, according to sources. The round, which has been rumoured for weeks, values the company at £13bn, much more than publicly traded neighbour Twitter TWTR 5.88%, had raised far less ahead of its highly anticipated 2013 IPO, and hotel giant Marriott MAR 0.76%, which runs more than 4,000 properties around the globe.

Larry Page Autonomous Driving Google Cars May Change Future of Humanity CARS that drive themselves are still perceived as controversial by some, however they can provide great benefits for the whole of humanity. 50 years ago we used to fly aeroplanes manually for long transatlantic journeys but today this cannot be comprehended (or legally practiced). We foresee that the same trend will take place with automobiles, both in private and commercial sectors. Google said in a statement: “Our software has now self-driven the equivalent of 75 years of typical U.S. adult driving. Along the way, we have navigated more

than 200,000 stop signs, 600,000 traffic lights.” Google also announced that the car had driven 1.7 million miles, but that number was for both autonomous and manual driving.

The one-million-mile milestone the car just reached is for autonomous driving only. Google continued: “We have come a long way since Larry Page, Google President and CEO first challenged us to demonstrate that self-driving technology had long-term potential. Back in 2009, he gave us two audacious goals. The first was to drive 100,000 miles on public roads which

is 10 times more miles than had ever been completed by any autonomous driving team. The second was to drive 10 sets of 100 miles in Californian routes that included crossing the Golden Gate Bridge, navigating the curves of Lombard Street in San Francisco, and traversing 200+ traffic lights. We are taking this one-millionmile milestone as further proof that fully self-driving vehicles can become a reality and we’re looking forward to finding out where the next million miles will take us.”

Jeffrey Soffer And Richard LeFrak Miami Biscayne Landing Joint Venture CREATInG a South Florida partnership that unites two real estate dynasties, Richard LeFrak, chairman and CEO of LeFrak, and Jeffrey Soffer and Jackie Soffer, principals of Turnberry Associates, said they have entered into a joint venture to develop Biscayne Landing into a master planned community. The 183-acre site, at 15045 Biscayne Boulevard in north Miami, represents the largest undeveloped parcel of land east of Biscayne Boulevard in South Florida. It is zoned for 4,390 residential units and more than 1 million square feet of retail and commercial space. The joint venture partners did not disclose the financial terms of their partnership to develop what could be a £850 billion project.

During a recent University of Miami Real Estate Impact Conference in Miami, LeFrak called Biscayne Landing “a generational land purchase,” and referred to an anonymous “ally” he would be bringing in to help him develop the site.

As the conference’s keynote speaker, he called the massive development the “last great thing I have in me.” Adjoining Oleta River State Park, the project will have lots of green space, jogging and bike trails, a lifestyle shopping center, school and athletic facilities, he said. “It’s designed as a

community for people who live here,” he said, “not for people who come for three weeks of the year.” LeFrak and Soffer said they intend for the community to become a landmark destination and driving force for growth and progress in north Miami, not far from Aventura, where the Soffers’ father, Donald Soffer, created a community from former swampland. Over the past 50 years, Turnberry Associates has overseen and developed 785-acres of land, including Aventura Mall, Porta Vita, Turnberry Village, Turnberry Isle Resort and Country Club, Turnberry Ocean Colony, as well as the Fontainebleau Miami Beach and various other properties. “Turnberry Associates has six decades of experience in developing hospitality, residential, retail and commercial properties in South Florida as well as nationally and internationally, making them an ideal partner for us to jointly develop this site,” LeFrak said. LeFrak, who is based in new York and also owns a condo in Miami Beach, spearheads a family company founded in 1901, which has been involved in more than 400 buildings and 40 million square feet of real estate across the US.

Michael Dell Says Cloud Technology Is the Future CLOUD promises to revolutionize the future of IT service delivery by enabling a faster and more flexible way to meet the technology needs of organizations. Michael Dell says that companies should hitch their wagons to converged infrastructure, private cloud and managing hybrid cloud environments. “That’s going to be a good business for a long time,” he told CRn. The company is investing heavily in its enterprise product portfolio, channel incentives and enterprise innovation. In fact, the number of patents issued to the company last year jumped 28 percent compared with the year before. The Chief Executive, who owns 75 percent of the company since he took it private in a £20bn buyout in 2013, said that he sees enormous opportunities with open architecture innovation, hybrid cloud and hyper-converged infrastructure. When asked about how the industry going

to evolve in terms of technology, Dell said: “In the past we had these microprocessors and the buildup of the silos, the network, the storage, the computer and then all the Layer Four through Seven services. This is actually very complicated for end-users and expensive. Today, we have hyper-converged, software-defined to make things more efficient. The private cloud is a huge opportunity for our partnering community and we are absolutely driving that very, very heavily in order to compete with Microsoft, VMware, Linux Open Stack, nutanix. These software stacks provide capability equivalent to our industry-standard, high-volume architecture. “The cloud acts as a single point of control for implementation of governance policies and controls, unifying management accounts.

SOLOMON MINES 39

Mallorca Focus In association with

In recent years Mallorca has become one of the most sought locations in the world providing quality leisure and investment opportunities. Local luxury real estate agency Mallorca Sotheby’s International Realty introduce the Mediterranean Island.

BY LAURA EPSETIn

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SET across more than 600km of beautiful coastlines, Palma de Mallorca has an average year round climate of 25 degrees.

The tropical island is synonymous with luxury tourism, firstclass boutiques and a unique and rapidly growing real estate market. The Spanish Government embraces this potential and has therefore introduced attractive tax regimes that enable foreign investors to purchase property and land.

They also recently invested over £1bn towards improving air, land, marine and telecommunication infrastructures.

REAL ESTATE OPPORTUNITIES Mallorca Sotheby’s International Realty HQ in the capital Palma specializes in luxury properties and can offer access and finance to some of most prestigious assets on the Island. They handle a variety of properties ranging from £500k up to £50m. This includes holiday homes, rental, land developments, conversation and commercial premises. To put things is perspective; the number of airport passengers to Mallorca in 2014 was 22.7m where the neighbouring island of Ibiza took 2.56m visitors. Mallorca is also the permanent home for thousands of foreign investors from Germany, UK, Scandinavia, Switzerland, Russia, Middle East and China. Sotherby’s Mallorca are managing the exclusive listing of Michael Douglas and Catherine Zeta-Jones which is a spectacular 10,000sqft eleven bedroom, ten bathroom mansion spread across a 247 acres UNESCO World Heritage site worth over £40m. Among the Island Investors are leading business people, sports personalities, film stars, models and Royalty. Furthermore nine international schools operate on the island offering top class education, it also has one of the best private health systems in Europe.

Sotherby’s International Realty can offer advice regarding purchase and rental processes, legal advise, valuations, banking and access to key local service providers.

LUXURY TOURISM Recently chosen by The Times as ‘The best place to live in the world’, Mallorca offers over 2,500 restaurants - 7 of which are Michelin stared, luxury shopping, 20 state-of-the art golf courses and over 200 beaches to enjoy. A variety of cultural attractions are available ranging from museums,

galleries, markets, festivals and international business and social events, plus it boasts 400 kilometres of hiking routes throughout the Island.

MARINAS & YACHT CLUBS Mallorca has over 50 top-class marinas located around its coastline that provides sales, charter services, crewing and sailing. Port Adriano designed by Philippe Starck is one the Mediterranean’s most modern Marinas and a perfect place for a variety of yachts. There are over 70,000 berths available on the island. The Yacht Clubs offer access to a network of prestigious events taking place throughout the year, with private hire available for various occasions.

A BRAND YOU CAN TRUST Sotheby’s International Realty Mallorca forms part of one of the largest and most respected luxury real estate companies in the world. Established in 1976 and descended from centuries-old Sotheby’s Auction House founded in London in 1744, the rapidly growing property network has now 720 offices in 52 countries. From Asia to the Americas, Europe to Australasia, the common theme is distinctive luxury properties for discerning clients. Their head office is located in the heart of Palma de Mallorca in the vicinity of Jaime III set across 3,000sqft space. The strategic location enables them to provide clients with a perfect overview of the island’s central, north/north-eastern and south-eastern areas. Their second agency on the island is at Port Andratx looking after the south-western region, between Palma and Port Andratx, including Portals and Santa Ponsa.

Alejandra Vanoli, Managing Director said. “We have in-depth know-how of Palma de Mallorca and have access to the most sought-after properties on the Island. We offer advice to both investors and tourists and due to the fact that we are part of Sotheby’s International Realty worldwide, they know they can trust our brand and get the best deals.”

C/Can Serra de Marina 4, Bajo Izda, Palma de Mallorca Tel: +34 971 721 000 E: Palma@mallorcasir.com Mallorca-sothebysrealty.com

SOLOMON MINES 41

NEW PROPERTY INVESTMENT MODEL LAUNCHED COGRESS COMPANY REVIEW BY DAVID MILLER COGRESS, the specialist property investment company celebrates one year of prosperous operations in the UK. The company has over 1,000 potential investors with 16 projects since launch; with a gross development value of over £200m.

Its sister-company Keren Hagshama in Israel has completed via the same ‘shared equity’ business model, 150 projects worldwide with a value of £800m.

Real estate has always been a lucrative business. However, it has been a business that requires high capital for entry.

Cogress, is changing the rules of the game by providing equity shares in residential and commercial projects with investment units starting from £20,000. The Financial Times reported earlier this year that Cogress’s investors enjoy an average of 20% return. We spoke to Tal Orly CEO about the company strategy within the UK. How is Cogress’s business model different than other property investment vehicles?

Cogress provides investors with access to exclusive property investment opportunities in prime London locations. Once you register with us you can receive details each time we launch a new investment opportunity. The model involves an equity share in the development and therefore provides returns as a proportion of the profits on exit. Our property experts carefully vet the credentials of the developers (frequently having worked with them before) and run a lengthy feasibility study on the specific opportunity, typically selecting less than 10% of the deals. We offer complete transparency on the deals; from developer, due diligence, business plans, legal documents, planning as well as frequently touring the sites and introducing our investors to our developers. Ultimately we provide investors with the opportunity to enjoy rewards of property developments for a minimum investment.

Which professional organisations regulate your activities and where are investments kept?

Cogress is an appointed representative of Resolution Compliance Ltd., which is authorised and regulated by the Financial Conduct Authority. All of our investors’ capital is kept in a third party account that only the developer can access. We offer a complete business plan that illustrates key expense, projected profits and exit timelines that range between 18-36 months.

What is your vision for the company?

We aim to give a variety of people the opportunity to be part of the property development sector who would otherwise be unable to enter due to the cost of entry. Having been in the UK for only 1 year, we have experienced high demand with over 1,000 potential investors joining us. We anticipate interests to continually grow and therefore plan to open another office in central Europe by next year, as well as a US office currently opening. Our UK Gross Development Value (GDA) is more than £200m and we hope to more than double it within 12 months.

Cogress has a reputable Advisory Board that carefully vets each project with due diligence to ensure complete satisfaction for all parties. Their Board includes Lord Mendelsohn, Stuart Polak CBE, Hannan Shemesh Co Founder & Chairman and Avi Katz President and Co Founder. Katz is one of Israel’s best known entrepreneurs having created the Cofix coffee chain and the Blue Square.

Tal Orly, CEO Cogress.

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Cogress’s model is an innovative idea that enables investors to participate in the market without risking too much capital. With so many options to invest in nowadays, investors are looking for transparency, high ROI and confidence. Cogress might offer just that.

Cogressltd.co.uk

LONDON PRIME REAL ESTATE 5 YEARS FORECAST

BY ANNA GOLUS, PROPERTY CORRESPONDENT

Statistics and market growth indicates that London’s best properties are due to appreciate by 25% by 2020. This is the largest increase within any market in the world; in second place NYC with 16% increase, HKG 15%, Shanghai 13%, Moscow 12% and Monaco 10%. Unless there is major turmoil in the world or another unforeseen major financial crisis, world’s economies are due to steadily grow.

T

he recent UK General Election delivered a strong boost with £100m of central London property sold in only 24-hour after the Conservative Party won a majority vote. At the same time, more than £50bn was added to the value of companies listed on the London Stock Exchange.

investing in global equities or government bonds and is likely to outclass other assets such as gold.

A flat in Central London start from £1.4 million up to around £5,000 per square foot and entry-level budget for investment ranges between £1.5 and £2 million. By 2020, we anticipate this to grow to 15 percent, making the market even more competitive.

One of the strongest markets in London is the rental sector, this has grown sharply with expansion of the technology and telecommunications sectors contributing to a 4.2% annual growth. Although the summer months are set to see a seasonal dip whilst people are away on holiday, there is also less demand typically saving between 3-4% on purchase prices.

For those aiming to take advantage of seasonal dips it’s worthwhile looking for off-market properties or buy in a less competitive environment.

In the next five years, innovation in property development alongside a growing technology industry will

Underpinned by a strong economy, stable political environment and low price-volatility, a London property is considered to be stronger than

Eastern investors. The rulers of richoil countries understand that global dependency on oil is due to decrease hence billions of pounds will be poured into the market.

Good advice would be to diversify portfolios and invest in commercial properties with fix-based rental rates or renovate assets into social leisure centers, private member clubs, boutique hotels and high yield rental offices.

ABOUT THE AUTHOR

continue to attract international interest and contribute to a strong trading market for both residential and commercial properties. 2021 could see the average price of prime central London properties rise above £2.7 million.

For London’s super properties of over £50million, growth is continually expected primarily in Belgravia, Knightsbridge Mayfair and Bishops Avenue. The amount of foreign buyers is due to nearly double due to the investment diversification of Middle

Anna Golus is the Managing Director of Lotus International, an independent property and investment consultancy providing sales and acquisition services of prime and off-market properties.

The firm mainly works with high net worth individuals, family offices and private banks. Golus is also the UK President of the European Economic Chamber of Trade, Commerce and Industry (EEIG).

Lotusinternational.com

SOLOMON MINES 43

SOLOMON MINES | ISRAEL NEWS

ROLEX CELEBRATES

40 YEARS IN ISRAEL

Danny Peiser President of Euro Asia at the ceremony (Photographer: Eliran Avital)

Rolex, the luxury Swiss watchmaker celebrated its 40th anniversary earlier this month at a special ceremony at Caesarea’s Gulf Club. The event, attended by over 2,000 distinguished guests from all over the world in order to mark the unique occasion enjoyed special artistic performances and keynote speeches.

We are extremely proud to represent this internationally acclaimed brand and hope to continually provide topclass services to our clients.”

Danny Peiser, President of Euro-Asia, Israel Rolex Official Representative, said: “Today we mark a monumental milestone in the history of Rolex in Israel. For four decades we have successfully catered discerning customers within our Official Rolex Show Boutiques in Tel Aviv, Jerusalem, Eilat and Raanana.

Although the brand is known internationally as being Swiss, the origins of Rolex started in London back in 1908 by two immigrants, Hans Wilsdorf and Alfred Davies.

The Founders moved to Geneva in 1919 due to high taxes and for nearly a century contributed to perfecting Swiss watchmaking processes and craftsmanship.

During the event, Euro Asia announced the launch of the 2015 novelties of Rolex and Tudor watches.

Interesting facts about Rolex:

To date, every Rolex is still assembled by the hands of Specialist Technicians.

Precision machinery is used to manufacture parts and to ensure quality control, however beyond this the whole process is man-made.

In 1953 Rolex watches were taken to the top of Mount Everest, and in 1960 to the lowest point on earth (the Mariana Trench) and remarkably the watches functioned without skipping one single second.

A monumental milestone for Rolex.

Rolex supports top sporting and cultural events all over the world. It is present at more than 150 events in golf, sailing, tennis, motor sport, the arts, and at equestrian tournaments. Given the longevity and strength of these relationships, in its sponsorships, Rolex is seen not merely as a sponsor, but also as a partner. Excellence and individual achievement also underlie the company’s two philanthropic programmes, the Rolex Awards for Enterprise and the Rolex Mentor and Protégé Arts Initiative, which foster the human spirit and champion human endeavour.

For sale, service or authentication, kindly contact Euro-Asia headquarters, 1 Boulevard Shaul Hamelech Tel Aviv. Tel: +972 (0) 3 658 75 20 or visit our website. www.euro-asia.co.il

Solomon Mines is delighted to be a strategic partner of Euro Asia and Rolex in Israel. Copies are available within selected boutiques.

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Aston Martin Opens First Dealership In Israel THE British luxury car manufacturer opened last month with its first official dealership in Herzeliya Pituach. The Company, who has a presence in over 45 countries decided to enter the Israeli market as demand for luxury goods increases.

Dr. Andy Palmar, Aston Martin Global CEO attended the ceremony with Middle East Managing Director Neal Slide. Palmer said at the event: “Israel is a strategic market for us and we envision a high rate of sales. Statistics show that the Israeli market has very high resilience with solid year-on-year growth.”

Aston Martin unveiled its latest model at the ceremony, the Vanquish V12 worth £300,000. Earlier this year the company showcased several models at Geneva’s Motor Show including The Vulcan 7 litre, 800bhp and the Vantage G12. Aston Martin says that all of its models will change in the next 10 years, including new electric supercars, however the core design and identity of the brand that for years has been synonymous with DB10 will never change.

The official importers of Aston Martin to Israel are Tomer Dotan and Meir Ohaioun the owners of luxury car firm Autodeal who specialise in luxury cars sales of over £100,000 and to-date sold over 500 cars.

Autodeal said: “We are thrilled to welcome Aston Martin to Israel and hope to see many ‘James Bond’ cars on the roads. Our vision is to sell 100 cars in the next 48 months, we can confirm that 10 units have already been preordered. We envision high demand from both Israeli citizens and high-net-worth Jewish individuals that wish to have a car here.”

The Herzeliya Pituach showroom offers Aston Martin’s latest models and the Team can assist with enquires regarding taxation, sales, and after care services. Bespoke configurations such as choice of leather, sound systems, wheels and finishes are also available.

Hamada Street 7, Herzeliya Pituach. Israel.

Astonmartindealers.com Picture left to right: Meir Ohaioun, Dr. Andy Palmar, Tomer Dotan. (Credit Ronen Topelberg).

Solomon Magazine would like to thank Ran Padot of ‘Eisenberg-Eliash Investors & Public Relations’ for assisting with the preparation of this article.

Ben Gurion Airport Private Jet & VIP Services Extended TRAVELLERS to and from Israel’s Ben Gurion Airport can now enjoy a more personalized VIP service. Independent aviation firm Laufer Aviation-GHI, offers a complete quality concierge service to discerning travellers. This includes greeting on board various aircrafts, express passport control, ‘Masada’ and ‘Arbel’ lounges access, administrative clearance and aircraft maintenance. Passengers who do not fly private can still access lounges for a nominal fee or book following services: Jet charter, Yacht charter, airport transfers by chauffeur or helicopter, luxury accommodations, personal shopping, guided tours, private security, import-export and storage.

A spokesman of the company told Solomon Mines: “Laufer Aviation-GHI provides an exclusive service designed for business people, dignitaries, and private jet passengers, taking into account special requirements and time-bound schedules that require fast, extraefficient service. We have extensive experience handling the arrivals and departures of leading private business leaders and world-renowned figures such as the U.S. President and Diplomatic Delegations.”

They serve an average of 4.5m passengers and 17,000 flights per year and also maintain stringent quality control procedures by utilizing AHS1000 quality assurance systems.

Israel’s customer service standards have dramatically improved in recent years, due to top brands extending their operations in the country and in many cases bring specialist teams with them to train local staff. Ferrari, the Ritz Carlton and Dior have reshaped the local luxury lifestyle landscape by importing their business philosophy, customer service and values.

Furthermore the luxury hotel chain W, is due to open later on this year W Residencies in Tel Aviv designed

by John Pawson. This will feature fully-ported luxury accommodation, a private Beach Club and Miami style apartments.

SOLOMON MINES 45

UK RESIDENTIAL, EUROPEAN & INTERNATIONAL REMOVALS Import, Export & Storage by Air, Road & Sea

Abels.

Masters of the art of moving.

One of Israel’s most experienced luxury real estate agencies providing sales and rental assets for short and long-term purposes. Enquire today: T: +972 (0) 5444 21 444 E: info@aayafit.com www.herzliya-marina.com

• UK Residential Removals • Worldwide Relocations • Weekly European Removals • Storage Services • Car Transportation & Storage • Office & Commercial Moving • Antiques, Fine Art Packing, Storing & Moving Telephone: 020 3811 1638 E-Mail: enquiries@abels.co.uk www.abels.co.uk

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Certificate No. FS23942

ROTHSCHILD BOULEVARD BOUTIQUE HOTEL Rothschild 71 is located in the heart of Tel-Aviv, providing guests with a local residential experience that is different to popular beachfront resorts. Our Tourism Correspondent ERAN JASSBY stays at the renovated historic building and evaluate its “home-feel” characteristics.

T

HE entrance to the hotel is very discreet and can barley seen from the vibrant street level of the Rothschild Boulevard.

Upon entering the building the first thing that I have noticed was the fact that there was no reception desk.

Instead, I was greeted by two friendly members of staff that escorted me to a large comfortable seating area and light drinks where served. Once settled and relaxed the check-in process began informally yet professionally.

Alon Levy, the General Manager describes the approach: “The philosophy of the hotel is providing a first-class bespoke service within an environment where guests feels as if they are in a modern contemporary living room, rather then a hotel lobby”.

True to this core message, the ambient is set with usage of abstract paintings, photographs and art to decorate spaces.

Levy gives me a tour of the hotel and to my surprise I notice that each and every room has a different feel to it. Some Suites have hanging plants climbing on top of balconies while others had original artwork from the 1950 and

60’s displayed. Some have large living rooms with wooden furniture and other take a more modern line with clean-white patterns. The more we explore the building it is apparent that rooms are not designed to look like hotel rooms but to resemble personalized apartments.

Many tourists that visit Israel have an average timeframe of about one to three weeks. Therefore they cannot fully comprehend how it feels to live like a local in a standard Tel Aviv neighbourhood. My one night stay at the Rothschild 71 was unique because it enabled me to experience the unique vibes that Rothschild Boulevard and its surrounding neighbourhoods elude. These penetrate the hotel and immerse guests with local culture, cuisine and fashion.

original identify and today it offers 25 careful designed suites that offers fantastic view of the Boulevard. All the suits are fitted with premium Egyptian Cotton Linen, private dining areas and the state-of-the-art ‘Penthouse and Rothschild Suites’ boasts large wooden sundecks. Furthermore, authentic Israeli and Mediterranean cuisine are served at the Cantina Restaurant.

71 Rothschild Boulevard T: +972(0) 3 6290555 E: info@the-rothschild.com The-rothschild.com

The Rothschild 71 is a part of the city’s history as it was built in 1934 by Dr. Moshe Krieger and Dr. Fanny Chlenov.

The renowned physicians ran a highly popular clinic in the building that was frequently used by some of the most iconic leaders during the British Mandate and afterwards. Several years later, the icon was carefully converted into a hotel whilst preserving its

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STUNNING ROOFTOP RESTAURANT WITH PANORAMIC VIEWS OF THE MEDITERRANEAN SEA A STATE OF THE ART GYM LUXURIOUS SPA AND WELLNESS CENTRE FIRST CLASS MEETING AND BUSINESS FACILITIES

3 Havakuk St. Tel-Aviv, 63505 www.alexander.co.il | E: hotel@alexander.co.il | T: +972 3 545 2222

Wake up to the sound of waves

Image for illustration purposes only

This Year in Israel

“LAGA’AT BAYAM” 21 Dankner st. Netanya, Israel

For additional information please contact us at

972-74-729-05-38

+ www.lbyam.co.il

sales@lbyam.co.il

TZEVET SHLOMO BERKOVITZ LTD.

Directory AVIATION:

BOUTIQUES:

CONCIERGE:

Netjets

Moussaieff

Little Emperors

A Private Aviation firm with access to 750 private jets, making an average of 60,000 flights per year to 120 countries.

Netjets main shareholder is investor Warren Buffett. Netjetseurope.com

One of the most exclusive and discreet fine jewellers in the world adorn by royalties, celebrities, collectors and connoisseurs. Available worldwide. www.moussaief.co.uk

Little Emperors & Co. is an invitation only luxury privilege card, offering unprecedented rates and perks for our chosen members across all areas of their lives. Littleemperors.com

Laufer Aviation Services

Gaydamak

Mike Raven Graphic Design

Provides VIP services to private jets travellers to Israel. Including clearance, Massada & Arbel Lounges hospitality, helicopter transfers and personal shopping. Lauferghi.com

Unique jewellery created by Katia & Sonia Gaydamak available by appointment in Russia, France, UK, USA, Israel, Hong Kong and Austria.

Gaydamakjewellery.com

Solomon Mines Head of Creative, providing quality graphic design services to private and commercial clients. Can also work remotely via online video conference. Taylew.co.uk

De Beers

The Yacht Concierge

Discover the timelessly elegant designs and jewels of De Beers, created with a meticulous craftsmanship based on 125 years of jewellery expertise.

Debeers.co.uk

A dedicated marine concierge specialist providing ship-owners with innovative solutions onboard, ashore and charter support. www.theyachtconcierge.com

Watches of Knightsbridge

David Goldsrein

Situated near London’s Harvey Nichols, this prestigious auction houses and fine watch specialist offers services to collectors or investors.

Watchesofknightsbridge.com

A Beverly Hills florist providing quality flowers for all occasions and affairs. Beautiful creative flower arrangements available at short notice.

Mybeverlyhillsflorist.com

ND Watches Belgium

The Bespoke Bureau

An Antwerp based boutiques offering premium watch resale. Run by Avi Koren the company has amassed over 300,000 followers on Instagram.

Indwatches.be

Run by the British Butler Academy, the Agency offers silver trained butlers, nannies and childcare services, private jets cabin crew, yacht crew and housekeeping. Bespokebureau.com

BANKING & FINANCE: Parabellum Markets Led by Nathan Halfon, the ECN eFX brokerage boutique provides FX Spot Multiple Counterparties, Liquidity Management, Trading Platforms, API FIX and STP.Parabellummarkets.com

Systematica Hedge Fund Led by Leda Braga, the firm manages assets worth £8bn across futures and equity based strategies such as fixed income, and agriculture commodities.

Systematica.com

Metropolitan Safe Deposits A leading independent safe depository service provider based in Belgravia and St Jones Wood. Protect you values items with confidence.

Metrosafe.co.uk

CAR & YACHT

Blick Rothenberg

Ferrari Israel

A firm providing audit, assurance, and business advisory services for both corporate and personal tax. Experience in advising entrepreneurs and listed companies. Blickrothenberg.com

Sole importer of ‘Prancing Horse’ to Israel, providing latest models, bespoke alterations, servicing, tax and legal advice and after-sale care.

Telaviv.ferraridealers.com

Safra

Sunseeker Yachts

A private bank for high net worth individuals with representation in 150 locations. Group Total assets under their management is over £130bn.

Jsafrasarasin.com

Sales and Charter of luxury yachts in over 75 countries. Providing style, elegance and the freedom to entertain whilst sailing the high seas.

Sunseeker.com

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Sartoria Caraceni Milano Founded in Rome in 1913 by the father of Italian tailoring, Domenico Caraceni.

The atelier operates according to the best-bespoke tailoring tradition.

Caracenitailoring.com

Lugermad Photography A specialist media agency run by Ricardo Gay Luger providing quality photography services for events, products and private commissions.

Lugermad.com

Bonas Macfarlane An Education Agency assisting students to secure placement in leading educational establishments trough Tutoring, Consultancy and Mentoring. Bonasmacfarlane.co.uk

Directory Debbie Schogger An experienced boutique agency providing complete PR management solutions to a variety of leading brands around the world.

Dpublicrelations.co.uk

David King Reuben – Artist Inspired by abstract expressionist eras, Reuben works across numerous mediums from painting to mixed media in order embody universal struggles. Davidkingreuben.com

ESTATE AGENTS: The Alexander Team Led by power brokers Oren & Tal Alexander the firm represents prime properties of up to £65m in NY, Aspen, Hamptons and Miami.

Thealexanderteam.com

Glentree A luxury real-estate specialist providing access to some of the most south after properties in NW London. Sales, Purchase, Rental and Developments. Glentree.co.uk

Von Poll Immobilien A fine real-estate agency specialising in Manors, County Houses and Vacation Properties in Germany, Switzerland, Austria, Luxembourg and Liechtenstein. Von-poll.de/en

GALLERY & AUCTIONS: Walton Fine Arts A Contemporary, Pop and StreetArt gallery offering original works by renowned artists such as: Picasso, Warhol, Bacon, Hirst, Banksy and Wesselmann. Waltonfinearts.com

Koller Switzerland’s premier family-owned Auction House providing unique items from the 15th century up to modern 21st century fine jewels.

Kollerauktionen.ch

HEALTH & FITNESS:

LEGAL SERVICES:

Dr Leonard M. Hochstein

Berlad Graham LLP

Certified by the American Board of Plastic Surgery, Dr Hochstein procedures are known throughout the world to achieve remarkable results.

Lhochsteinmd.com

A top Law Firm that provides personalised expert solutions, including Advocacy, Civil and Commercial Litigation and Clinical Negligence. Berladgrahamllp.com

Louise Parker

Fisher Meredith

One of the UK’s best Personal Trainers for woman, offering specifically tailored training programmes for beginners or advanced on a one-toone basis. Louiseparker.uk.com

Kimberley Snyder A nutrition and wellbeing specialist providing cooking tips, books and yoga programs to achieve and maintain a healthy balanced life.

Kimberlysnyder.com

Milk Beauty Mobile massage and beauty therapist services for private clients, corporate and events. Offering professional treatments at the convenience of your location. Milkbeauty.co.uk

HOTELS: St Regis Bal Harbour A Forbes five-star and AAA fivediamond resort based on South Beach, offering a quiet unwavering taste, anticipatory services and luxurious amenities. Stregisbalharbour.com

The Norman

Over 35 years experience providing inheritance tax advice at agreed fixed-fee cost. In-depth knowledge of Trusts and Wills formation processes.

Fishermeredith.co.uk

Zeev Welner & Co Top legal firm providing services to some of Israel’s leading business figures. Practice areas include family and matrimonial, inheritance, wills, corporate and property. Welner.co.il

RESTAURANTS: Daniel Boulud NYC Two-star Michelin Restaurant and Relais & Chateaux award winning member, offering haute French cuisine in Manhattan’s Upper East Side. Danielnyc.com

Le Meurice With views of the Tuileries Gardens, it ranks among the most elegant hotels in the world. Two Michelin Star dining by Chef Alain Ducasse.

Dorchestercollection.com

Messa

A 5-star hotel in the heart of TelAviv providing both business and leisure guests with modern yet classic accommodation and superior customer service. Thenorman.com

Haute cuisine provided by celebrated Chef Aviv Moshe set within a gorgeously designed venue that redefines Tel-Aviv’s dining culture.

Menu grounded on Provencal cuisine.

Messa.rest.co.il

Chateau De La Messardiere

Don Alfonso Capri

This Château offers sophisticated, elegant accommodation including golf course, spa and fitness, fine dining and outstanding grounds for perfect summer events. Messardiere.com

Since 1890, the Southern Italy kitchen provides culinary holidays, cooking lessons and farmhouse dinning surrounded by Punta Campanella beautiful scenery. Donalfonso.com

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Here’s to your next adventure.

The new Continental GT V8 S.

Continental GT V8 S fuel consumption* in mpg (l/100 km): Urban 18.4 (15.4); Extra Urban 36.7 (7.7); Combined 26.8 (10.6). CO2 Emissions 246 g/km.

For more information call 01565 220302 or visit www.Manchester.BentleyMotors.com. #Continental #GTV8S Bentley Manchester, Mobberley Road, Knutsford, Cheshire, WA16 8GT

*EU Drive Cycle. Fuel consumption figures are subject to Type Approval. The name ‘Bentley’ and the ‘B’ in wings device are registered trademarks. © 2014 Bentley Motors Limited. Model shown: Continental GT V8 S

BENTLEY MANCHESTER