Just a month after listing her mother’s Los Angeles residence nestled in a celeb-heavy area of the Hollywood Hills for $3.8 million, Charlize Theron has taken a step up the real estate ladder for Gerda Maritz. Public records reveal the seasoned actress—who already possesses three other properties in Southern California—has recently invested $3.3 million in a contemporary farmhouse-style dwelling located in the coveted Colfax Meadows neighborhood of Studio City. Originally constructed in 2016 and recently renovated, as per the listing, this two-story home boasts five en-suite bedrooms and six bathrooms spread over a little more than 3,300 square feet of...

Accor's opulent cruise liners may soon transition from mere fantasy to tangible reality. In January of last year, the esteemed French hospitality conglomerate unveiled plans for a novel Orient Express vessel set to debut in the spring of 2026. Presently, it is engaged in discussions with investment firm Dubai Holding to secure funding for the approximate $867 million (€800 million) development of this vessel along with another, as reported by the Financial Times. Should the agreement come to fruition, Dubai Holding would assume majority ownership in the property company responsible for these luxury yachts, thereby enabling Accor to remove these...

Never underestimate the allure of a well-preserved ghost town. Italy's Castelfalfi, recently reimagined and rebranded, stands as a testament to this notion, with several hundred million dollars invested to transform an 800-year-old abandoned village into a luxurious five-star vacation destination. Nestled halfway between Florence and Pisa, the sprawling 2,700-acre compound officially reopened its doors in February. While it initially launched as a resort with residences back in 2014, the project struggled to gain traction despite a hefty $350 million investment from its former owner, the TUI Group. However, after a decade and another substantial renovation, courtesy of the new billionaire...