In recent years, they have become a sort of side project for major luxury brands, including auto brands like Aston Martin, Bugatti, Lamborghini, and more recently, Mercedes Benz, all of whom have completed or are constructing luxury skyscrapers and complexes in different parts of the world.

Porsche too has taken this path, but its recent project with Austrian timber construction specialist, GRIFFNER, has seen it veer off into exciting territory that may signal the start of a new era for luxury auto-branded residential projects.

The Floating House: A Studio F. A. Porsche x GRIFFNER Exclusive Project

Over the years, prefabricated homes have been praised for their ability to be energy efficient, cheaper (due to reduced labour costs) and faster to construct, among other benefits. However, for different reasons, most tend to be rather compact, making them unattractive to homeowners seeking a much larger space.

Porsche and GRIFFNER seem to have managed to overcome this challenge.

The Floating House — the name of the Porsche-designed Prefab for GRIFFNER – is a two-storey modular residential home that gets its name from the hand-applied black glass tiles that encompass the entire exterior of the ground floor, making it almost invisible and giving the impression that the first floor is floating on air. Because it is modular, endless possibilities for customisation and extension exist, thus allowing the house to break free from the space constraints that typically keep prefabs small.

Outside, glass and wood are the major materials used in the construction of the Floating House, and these continue their domination inside, from the floor-to-ceiling windows to the glass and wooden floating stairs, wooden floors and glass and wooden fixtures everywhere. The rooms measure up to 5.58 metres in height and are open-plan, making them appear even larger than they originally are.

On the ground floor are the living room, a formal dining room, an open kitchen with a breakfast bar, and a games room that comes equipped with the 247 billiard table. Upstairs are the bedrooms with large terraces for even more space.

Per Porsche, “Only authentic and sustainable materials of the highest quality, such as wood and glass, are used. The Floating House features other design highlights created by Studio F. A. Porsche from brands such as Duravit (Qatego bathroom series), LIGHT-POINT (INLAY and BLADE lighting collection), [and] HAFI (Premium Design door handles).”

How much does the Floating House cost?

Because of its modular design, you can get the Floating House in whatever size you want, including two such modules attached. The smallest version is 180 square meters (1,937 square feet) and costs €1.17 million. Any expansion to this size or further customisation would drive prices upwards, although it is not immediately clear how much this would be. Porsche says that the shell is completed in about two weeks, but the home is ready to be occupied within five to seven months, depending on the level of customisation involved.

An apartment in a branded skyscraper might not be everyone’s cup of tea, even if the brands insist that they offer the utmost luxury and privacy anyone can ever wish for. But a prefabricated home? Now, that’s entirely different, and considering that Porsche and GRIFFNER are promising endless customisation options for the Floating House that do not sacrifice luxury, branded prefabricated luxury homes might be the next hot real estate project for other luxury auto brands soon.

The post The Floating House by Porsche and GRIFFNER Might Just be the Home for You first appeared on Aspire Luxury Magazine.

The post The Floating House by Porsche and GRIFFNER Might Just be the Home for You appeared first on Aspire Luxury Magazine.

[No, you’re not wrong: it is the same Binghatti working with Jacob&Co, as well as Bugatti on their own branded skyscrapers, all in Dubai.]

The world of architecture is a-buzz. Experts are debating its accessibility, aesthetics, and sustainability. First are the sceptics pointing at the real estate crisis in certain countries and wondering how easily the opulent apartments will sell out. These are followed by the purists questioning how seamlessly this gargantuan tower will blend with the existing urban landscape. Then there are the environmentalists whose questions about the environmental impact of yet another resource-consuming structure appear to be the most valid.

Finally, there’s the rest of us, the non-technical ‘inquisitors’ whose only question is why? Why are luxury auto behemoths like Mercedes-Benz suddenly raising skyscrapers and funding other real estate projects?

A little travel back in time

2020 will be the year to remember for a long time for different reasons, chief among them being the changes it forced global and local businesses to make. Almost all faced two choices – adapt or perish, and even the most traditional brands saw themselves embracing unplanned transformations.

This meant, among other things, exploring new channels of communication and commerce, adopting innovative work methods, and venturing into untapped niches destined to withstand the test of time.

It is perhaps why brands like Ferrari have been relentless in their pursuit to become full-fledged lifestyle brands or others like Aston Martin are steadily diversifying into the ever-profitable world of real estate.

Newer models offer an important lesson

2022 was a fantastic year for luxury brands, including those in the automobile business.

For example, Rolls Royce announced that it had sold its highest amount of cars ever – 6021 to be exact over 12 months. But its figures were nothing compared to Bentley which sold over 15,000 vehicles in the same period. At Porsche, it was even more impressive: 95,604 customers received their Cayennes, while 86,724 Macans were safely delivered to their owners.

One salient factor underscoring this unprecedented success was the rise of the true luxury SUV: for Rolls Royce, it was the Cullinan that brought in the most sales, while at Lamborghini, the Urus was its sales booster. As stated above, Prosche’s Cayenne probably sold the most units and although Ferrari’s Purosangue debuted later in 2022, the reception it got is a pointer to how it would have fared if it had dropped earlier.

Against this backdrop, it quickly became clear that giving customers precisely what they need, in a way that fulfils their desires and cravings is what brands must do to secure the coveted unforgettable spot in their minds.

Pivoting for success?

So it comes as no surprise that Mercedes Benz and other luxury auto brands have chosen to slap their names and logos on skyscrapers and other real estate projects in select locations. If consumers want properties that reflect the elements they love in their cars, then it only makes sense for the brands to give them what they want, right?

However, it appears it is not as simple as that.

Skyscrapers might reflect a country’s wealth and its architectural prowess, but they are expensive to build and maintain. Add to this an increasing demand to be mindful of their carbon footprint, and it is getting harder for construction companies to justify building one today. For continents like Asia with the highest number of such buildings, the government could provide financing or support, making it cheaper to take on such a project. But even that has now become scarce, and the companies who want to add skyscrapers to their portfolio today may have to self-fund or source for funds privately.

And who else again would have the huge funds required for these high-rises but luxury auto firms with fat accounts from record sales in the last 3 years?

They may be in decline now, but that does not make skyscrapers any less cheap. It also does not mean they are no longer in demand from the very demographic that luxury auto brands are also trying to target. Which is why they are a fantastic investment option: working with established real estate companies allows car maisons to take a cautious dip into the market with as little risk to themselves as possible.

Today, Mercedes Benz has joined Bugatti, Bentley, Lamborghini and Aston Martin in the skyscraper standoff. More may join tomorrow. Or not. Whatever the future brings, however, it looks like luxury auto brands are hedging their bets, and for now, in real estate.

The post Accelerating Success: Why Mercedes Benz and Other Luxury Auto Brands Are Building Skyscrapers first appeared on Aspire Luxury Magazine.

The post Accelerating Success: Why Mercedes Benz and Other Luxury Auto Brands Are Building Skyscrapers appeared first on Aspire Luxury Magazine.

The property is spread across five separate structures and is accessed by a 2.9km gated drive, which travels through the rare and protected landscape. It’s not uncommon to see protected game such as springbok and zebra on the reserve or to catch sight of one of the locally endemic leopard tortoises along the drive. Once residents get to the building compound, they are greeted by more natural wonder in the form of towering Fever and Acacia trees and beautiful, architectural gardens.

Tortoise Hill has a total of seven bedrooms and eight bathrooms across the five buildings. The compound has a contemporary design, with spacious indoor-outdoor rooms to allow for al fresco dining, entertaining or living amongst the stunning landscape. In the main residence, there is a music room designed to host live music events and two kitchens to help with large-scale entertaining. There are also private spaces including a study, a library and a stargazing deck.

Two one-bedroom, one-bathroom cottages also form part of the compound, along with a fully equipped gym and an entertainment pool clubhouse. The clubhouse is another space perfect for entertaining, featuring an outdoor dining area that overlooks Tortoise Hill’s natural water lap pool. The pool is fed by a water clarifying canal that circulates over rocks and plants to make sure the pool water is naturally purified.

Also on the reserve is a barn building that acts as storage for animal forage and holds Tortoise Hill’s sustainability workings. These include a water purification plant – the reserve has abundant water rights – as well as 25-kilowatt solar power infrastructure and a backup generator, which help make the property fully self-sustaining.

Price starts from $4,990,000 or R75,000,000. Visit Christie’s International Real Estate for more details.

Source: Elite Traveler

The post This Spectacular South African Property set in an Unspoiled Game Reserve is Available for Purchase first appeared on Aspire Luxury Magazine.

The post This Spectacular South African Property set in an Unspoiled Game Reserve is Available for Purchase appeared first on Aspire Luxury Magazine.