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BRAND FINANCE HEALTHCARE 2023

The world’s largest healthcare brands grapple with challenging post-pandemic conditions

Johnson & Johnson world’s most valuable and strongest Pharma brand despite drop in value and strength

Johnson & Johnson maintains its position as the most valuable pharma brand for the fifth consecutive year. This comes despite a 5% brand value decrease. This aligns with a broader industry trend that has harmed many of the largest pharmaceutical brands in 2023. There was an average 2% brand value decline year-on-year across the ranking.

In addition to calculating brand value, Brand Finance also determines the relative strength of brands through a balanced scorecard of metrics evaluating marketing investment, stakeholder equity, and business performance. Compliant with ISO 20671, Brand Finance’s assessment of stakeholder equity incorporates original market research data from over 100,000 respondents in 38 countries and across 31 sectors.

Johnson & Johnson is also the strongest pharma brand, overtaking Pfizer to claim the top spot. However, Johnson & Johnson did drop three-point in its Brand Strength Index (BSI) score, now 82.3 out of 100.

Hugo Hensley, Valuations Director of Brand Finance commented:

“It is no coincidence that amongst widespread falls in brand value across the industry, all the pharma brands that have seen an increase or stable brand strength rating in 2023 have also witnessed an increase in brand value. Businesses with a strong brand are better equipped to handle crises and regulatory challenges, making them more resilient in our increasingly volatile world. Building and maintaining a positive brand reputation is vital for long-term success.”

CSL and Novo Nordisk are the 1st and 2nd fastest growing pharma brands with brand value growth over 30%

CSL is the fastest growing Pharma brand, up 32% to USD1.3 billion. This is primarily due to CSL’s growth in its immunoglobulin portfolio, the acquisition of Vifor Pharma, and the launch of HEMGENIX®.

Novo Nordisk (brand value up 31% to USD3.1 billion) follows CSL as the second fastest growing brand Pharma brand. This growth is tied to the active promotion and the ramping up of its production of weight loss drugs, Wegovy and Ozempic.

GSK leads on Sustainability Perception Score, Johnson & Johnson has highest Sustainability Perceptions Value

As part of its analysis, Brand Finance assesses the role that specific brand attributes play in driving overall brand value. Brand Finance assesses how sustainable specific brands are perceived to be, represented by a ‘Sustainability Perceptions Score’. The value that is linked to sustainability perceptions, the ‘Sustainability Perceptions Value’, is then calculated for each brand.

GSK (brand value down 21% to USD3.5 billion) has the highest Sustainability Perception Score of any brand included in the Pharma 25 2023 ranking – 4.98. Johnson & Johnson has the highest Sustainability Perceptions Value at USD364 billion.

Medtronic is the most valuable Medical Devices brand; Philips is the strongest and Siemens Healthineers is the fastest-growing

Medtronic is the world’s most valuable Medical Devices brand for the 3rd consecutive year.  The brand’s value growth was hampered by supply chain, inflation, and currency issues. In an exciting development, Medtronic announced a strategic collaboration with leading technology company NVIDIA (brand value of USD16.3 billion). This is aimed at accelerating the use of artificial intelligence to support innovation in healthcare.

Siemens Healthineers (brand value up 28% to USD4.2 billion) is 2023’s fastest growing Medical Devices brand. This is caused by a seven-point increase in Brand Strength Index score from 61/100 to 68/100 and AA- rating.

Philips (brand value of USD3.9 billion) is the strongest medical devices brand with a Brand Strength Index score of 73.29 out of 100 and AA rating. Despite having to recall certain products in 2021, its brand’s resilience has allowed a positive recovery.

UnitedHealth Group owns the most valuable, strongest, and fastest growing Healthcare services brands

UnitedHealth Group is the parent company of both the two most valuable Healthcare Services brands – UnitedHealthcare (brand value up 13% to USD37.5 billion) and Optum (brand value up 27% to USD20.1 billion). UnitedHealthcare is also the strongest brand (76.7 out of 100 and AA+ rating), while Optum is the fastest growing brand. UnitedHealthcare also claims the highest brand value in the entire Healthcare 2023 report, which encompasses the Pharma 25 and Medical Devices 25 rankings.

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Estados Unidos lidera la iniciativa para explotar el asteroide Psyche-16 y sus invaluables recursos minerales

18 de junio de 2023 – La NASA y el gobierno de Estados Unidos han anunciado una importante iniciativa para explotar y aprovechar los recursos minerales del asteroide Psyche-16. Este asteroide, compuesto principalmente por oro y platino, posee un valor estimado en 10.000 billones de dólares, lo que representa una oportunidad sin precedentes para impulsar la economía mundial y abrir nuevas posibilidades para el desarrollo tecnológico.

Psyche-16, conocido como “el asteroide de oro y platino”, ha despertado un gran interés debido a su composición única y a su potencial económico. El gobierno de Estados Unidos, en colaboración con la NASA, ha tomado la delantera en esta ambiciosa empresa que busca asegurar el acceso y la explotación responsable de los recursos minerales del asteroide.

Este proyecto pionero involucrará la implementación de tecnologías de vanguardia y la colaboración de científicos, ingenieros y expertos en minería espacial de todo el mundo. Se espera que la misión de la NASA para obtener datos sobre Psyche-16, programada para octubre de este año, proporcione información crucial para la planificación y ejecución de las operaciones de extracción en el futuro.

Technicians at NASA’s Kennedy Space Center in Florida perform work on the agency’s Psyche spacecraft inside the Payload Hazardous Servicing Facility (PHSF) on May 3, 2022. While inside the PHSF, the spacecraft will undergo routine processing and servicing ahead of launch. Psyche is targeting to lift off aboard a SpaceX Falcon Heavy rocket on Aug. 1, 2022. The spacecraft will use solar-electric propulsion to travel approximately 1.5 billion miles to rendezvous with its namesake asteroid in 2026. The Psyche mission is led by Arizona State University. NASA’s Jet Propulsion Laboratory, which is managed for the agency by Caltech in Pasadena, California, is responsible for the mission’s overall management, system engineering, integration and testing, and mission operations. Maxar Technologies in Palo Alto, California, provided the high-power solar electric propulsion spacecraft chassis. NASA’s Launch Services Program (LSP), based at Kennedy, is managing the launch. Psyche will be the 14th mission in the agency’s Discovery program and LSP’s 100th primary mission.

La explotación de los recursos minerales de Psyche-16 no solo podría impulsar la economía global, sino que también podría abrir nuevas oportunidades en el ámbito de la exploración espacial y el desarrollo de tecnologías avanzadas. La adquisición de este asteroide representa un hito significativo en el camino hacia la explotación sostenible de los recursos espaciales y el avance de la humanidad en el ámbito de la minería espacial.

A medida que avanzamos hacia una nueva era de exploración y explotación de recursos espaciales, es fundamental garantizar que estas actividades se realicen de manera responsable y sostenible, con el objetivo de proteger nuestro entorno cósmico y preservar los beneficios para las generaciones futuras.

El gobierno de Estados Unidos invita a la comunidad científica, a la industria y a los socios internacionales a unirse a esta histórica iniciativa para desbloquear el potencial económico y tecnológico del asteroide Psyche-16, y juntos forjar un futuro próspero en el espacio.

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BRAND FINANCE HOTELS 50 2023

Hilton checks in as the world’s most valuable hotel brand

  • Hotel industry sees gradual return to normality as pre-pandemic travel patterns resume while over half of top 50 hotel brands remain below pre-pandemic values
  • Hilton delivers exceptional service as the reigning champion of hotel brands, valued at US$11.7 billion
  • Le Méridien is named the fastest-growing hotel brand as a new entrant to Top 50 ranking
  • Conrad takes an extraordinary leap to become the world’s strongest hotel brand, with an AAA+ rating
  • Hilton has the highest Sustainability Perceptions Value (SPV), at US$565 million, while Taj has the highest Sustainability Perceptions Score, at 5.04 out of 10

Hotel industry sees gradual return to normality as pre-pandemic travel patterns resume, while over half of top 50 hotel brands remain below pre-pandemic values

After two years of global travel restrictions and economic uncertainty, the past year has witnessed an increasing return to pre-pandemic travel patterns. However, Brand Finance research finds that the hotel industry is slow to recover from the pandemic’s long-lasting effects, as 27 out of 50 hotel brands (54%) remain below their pre-pandemic values.

Hilton delivers exceptional service as the reigning champion of hotel brands, valued at US$11.7 billion

Hilton (brand value down 2% to US$11.7 billion) retains its title as the world’s most valuable hotel brand, according to the latest report from leading brand valuation consultancy, Brand Finance. 2022 was an exceptional year of brand value growth for Hilton, with revenue soaring as both business and leisure travel surged post-pandemic. This year’s result indicates a slight slowdown in this growth momentum, as the industry returns to a more normal trajectory. That said, Hilton’s brand value remains above its pre-pandemic level, and it is almost double that of runner-up, Hyatt (brand value up 3% to US$6.1 billion).

Henry Farr, Associate Director at Brand Finance, commented,

“In the post-pandemic world, Hilton has demonstrated remarkable resilience and a steadfast commitment to delivering exceptional experiences. With an unwavering focus on guest satisfaction, Hilton has not only recovered but has emerged stronger in several aspects, solidifying its position as a leading global brand. Through innovative strategies and a dedication to shifting consumer needs, it has retained its title as the world’s most valuable hotel brand.”

Le Méridien is named the fastest-growing hotel brand as a new entrant to Top 50 ranking

Le Méridien (brand value up 375% to US$669.4 million) checks into the 2023 top 50 ranking in 23rd as the fastest-growing hotel brand. Part of the Marriott (brand value up 33% to US$3.1 billion) International portfolio, Le Méridien has been expanding its presence across the globe in the past year. Most recently, Le Méridien established Le Méridien Melbourne. Its premium location and luxury features have attracted both tourists and locals, further boosting the hotel’s revenue from bookings in one of Australia’s most popular coastal cities. Other significant growth milestones for Le Méridien include its second hotel opening in New York City, which is hoped to boost its familiarity score in the US and globally.

Conrad takes an extraordinary leap to become the world’s strongest hotel brand, with an AAA+ rating

In addition to calculating brand value, Brand Finance also determines the relative strength of brands through a balanced scorecard of metrics evaluating marketing investment, stakeholder equity, and business performance. Compliant with ISO 20671, Brand Finance’s assessment of stakeholder equity incorporates original market research data from over 100,000 respondents in 38 countries and across 31 sectors.

Conrad (brand value up 65% to US$537.82 million) has jumped up 16 spots to 31st position overall, while jumping an astonishing 38 spots into the winning position for brand strength, scoring 91/100. Known for its luxurious options and personalised service, Conrad has boosted its brand strength this year through significant global expansion. Hilton opened six new Conrad Hotels and Resorts in various desirable locations, including LA and Shanghai, with the aim of enhancing its long-standing reputation for seamless luxury and exceptional hotel design.

Hilton has highest Sustainability Perceptions Value (SPV) at US$565 million, while Taj has the highest Sustainability Perceptions Score, at 5.04 out of 10

As part of its analysis, Brand Finance assesses the role that specific brand attributes play in driving overall brand value. One such attribute, is sustainability. Brand Finance assesses how sustainable specific brands are perceived to be, represented by a ‘Sustainability Perceptions Score’. This is an indexed score that provides a view of the role of sustainability in driving positive brand reputation. The value that is linked to sustainability perceptions, the ‘Sustainability Perceptions Value’, is then calculated for each brand.

Hilton has the highest Sustainability Perceptions Value (SPV) at US$565 million. Although Hilton has committed to becoming more sustainable, its position at the top of the SPV table is not an assessment of its overall sustainability performance. Rather, it indicates how much brand value it has tied up in sustainability perceptions. Hilton’s commitment to sustainability is evident through its ESG program, Travel with Purpose. The brand has set ambitious targets, aiming to reduce emissions intensity by 75% in Hilton-managed hotels and 56% in Hilton-franchised hotels by 2030.

India based hotels group, Taj (brand value up 19% to US$374.35 million) earns the highest Sustainability Perceptions Score in the Hotels 50 2023 ranking at 5.04 out of 10. In 2022, Taj’s parent company, IHCL, launched the Paathya sustainability programme, encompassing several key initiatives, including eliminate the use of single-use plastics across its hotels, and installing electric vehicle (EV) charging stations.

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BRAND FINANCE FOOTBALL 50 2023

Manchester City FC named world’s most valuable football club brand

  • Manchester City FC becomes the world’s most valuable football brand, ending Real Madrid’s four-year streak at the top
  • Real Madrid CF reigns supreme as the world’s strongest football club brand
  • Spanish clubs continue to perform strongly in the 2023 ranking
  • Manchester United jumps ahead of rival Liverpool FC to take 4th position
  • London football clubs hold onto top 10 ranks, with Arsenal FC seeing the biggest brand value increase
  • AC Milan represents Italy as the fastest-growing football club brand for second year running
  • Paris Saint-Germain overtakes FC Bayern Munich, while only three French clubs feature in top 50
  • Germany holds the second-highest number of clubs in the ranking behind UK, while Bundesliga continues to lose brand value
  • Flamengo just holds onto 50th position as the only non-European club in the ranking

Manchester City FC becomes the world’s most valuable football brand, ending Real Madrid’s four-year streak at the top

Manchester City FC (brand value up 13% to €1.51 billion) has achieved a historic milestone by surpassing Real Madrid CF (brand value down 4% to €1.46 billion) as the world’s most valuable football club brand. The club’s brand value has seen a positive increase of 34% growth since the COVID-19 pandemic and has now reached an all-time high. Manchester City FC also boasts the highest revenue in this year’s table, a key driver in its ascent to the top.

Hugo Hensley, Head of Sports Services at Brand Finance, commented:

“Manchester City FC has achieved an extraordinary feat by surpassing Real Madrid to become the champion of football club brands. For a decade now, the City team has exerted its dominance in English football, including securing four Premier League titles in the past five seasons. However, the club’s performance in this year’s ranking highlights that Manchester City FC are performing off the pitch in terms of building a strong brand and attracting fans and sponsors, and setting the stage for what should be an iconic 2023 Champions League final against Inter Milan.”

Real Madrid CF reigns supreme as the world’s strongest football club brand

In addition to calculating brand value, Brand Finance also determines the relative strength of brands through a balanced scorecard of metrics evaluating marketing investment, stakeholder equity, and business performance. Compliant with ISO 20671, Brand Finance’s assessment of stakeholder equity incorporates original market research data from over 10,000 football fans in Europe, Brazil, China, and the USA.

While beaten out of the top spot by Manchester City FC this year, Real Madrid CF strikes again as the strongest and second-most valuable football club brand. In 2022, Brand Finance research determined that the Spanish powerhouse were the most likely club to be rated ‘the best club in the world’ by fans. Brand strength is what attracts fans, players, investors, and sponsors to engage with the club –delivering commercial value through higher revenues, prices – especially for sponsorship, higher growth, and sponsors, reducing risks to profitability related to weak on pitch performance.

Spanish clubs continue to perform strongly in the 2023 ranking

Following Real Madrid in 2nd, FC Barcelona (brand value up 4% to €1.4 billion) defends its 2022 rank in 3rd, as does Club Atletico de Madrid (brand value down 5% to €549.56 million) in 12th. Following a period of on-pitch setbacks and financial struggles, FC Barcelona appears to have resurged its reputation, winning the Spanish LaLiga ahead of historic rival Real Madrid in 2nd and Club Atletico de Madrid in 3rd.

Sevilla FC (brand value up 6% to €189.27 million) has also shot up five places to 25th, while Villareal CF (brand value up 5% to €137.38 million) has gone up four rankings to 36th position. After struggling in LaLiga and changing coaches multiple times, Sevilla FC found stability under the leadership of Jose Luis Mendilibar, who is credited with reviving the team’s success. Further solidifying its international reputation, the club has achieved remarkable results in Europe, defeating British and Italian powerhouses Manchester United FC and Juventus.

Spain adds two more achievements to its 2023 success, as Real Sociedad (brand value €133.63 million) is a new entrant in 37th place, while Real Betis (brand value up 31% to 153.1 million) shoots up nine positions to 34th to be named the third fastest-growing football club brand. Finishing 6th in LaLiga (ahead of Sevilla FC in 12th), Real Betis is hoping to further boost its brand strength and global recognition through a €70 million renovation of its home stadium. Further, Brand Finance also ranked Real Betis 2nd, one spot ahead of Real Madrid CF, in its Football Sustainability Index. The club’s commitment to raising awareness about climate change has further bolstered its positive reputation worldwide.

Manchester United jumps ahead of rival Liverpool FC to take 4th position

Manchester United FC (brand value up 9% to €1.4 billion) now sits one rank ahead of its historic rival Liverpool FC (brand value up 7% to €1.4 billion) in fourth and fifth position respectively. Both clubs have recorded positive brand value trajectories since 2022, finally surpassing their pre-pandemic values. After two Covid-hit seasons, 2022-2023 saw the continued return of live matches and fans to stadiums, resulting in increased ticket sales and revenues.

Jurgen Klopp’s appointment as manager of Liverpool FC in 2015 has propelled the club to unparalleled success, establishing them as one of the country’s most formidable teams. As for its rival, Erik ten Hag’s arrival as Manchester United’s leader in 2022 also seems to have resurged the club’s reputation. The Red Devils’ win against Newcastle United to win the League Cup this year saw them clinch their first trophy in six years.

London football clubs hold onto top 10 ranks, with Arsenal FC seeing the biggest brand value increase 

Arsenal FC (brand value up 14% to €906.28 million) is up two positions from 2022 and now ranks 8th. Squad investments, (Arsenal FC signed Gabriel Jesus and Oleksandr Zinchenko from Manchester City FC in summer 2022) strengthened on-pitch tactics, and Mikel Arteta’s effective leadership have all contributed to The Gunners’ strong season, their 3-1 win over Chelsea FC (brand value up 1% to €860.5 million) on May 3rd propelling them to the top of the Premier League. Although eventually beaten into a respectable second by Manchester City FC, Arsenal FC set the record for the most days spent at the top of the league without winning it. Furter, their status as the youngest squad in the league instils hope among key stakeholders for a promising future.

AC Milan represents Italy as the fastest-growing football club brand for second year running

AC Milan (brand value up 33% to €357.98 million) ranks 15th this year and is named the fastest-growing football club brand, closely followed by SSC Napoli, (brand value up 31% to €239.81 million) in 18th as the second-fastest growing. AC Milan had a successful season, reaching the Champions League semi-finals and holding a respectable 4th position in Serie A. The club’s brand value has increased through royalties and sponsorships, totalling nearly €20 million in 2022. Also solidifying its growing success, SCC Napoli has stormed to the top of the Serie A league following continued on-pitch success. Revenues generated from the Serie A and the Champions League qualifiers, in addition to broadcasting and sponsorship opportunities, have further propelled the club’s growth.

Paris Saint-Germain overtakes FC Bayern Munich, while only three French clubs feature in top 50 

Paris Saint-Germain (brand value up 10% to €1.1 billion) has moved up one rank into 6th, overtaking 2022 rival FC Bayern Munich (brand value down 1% to €1.1 billion) who drops to 7th. PSG, the current top-ranked team in the French Ligue 1, gained global recognition and popularity following the 2022 World Cup, which saw young talent Kylian Mbappé, and footballing legend Lionel Messi go head-to-head in a historic final. The club’s formidable and widely recognised powerhouse trio of Messi, Mbappé, and Neymar, has solidified PSG’s iconic status, in the footballing world and beyond.

Germany holds the second-highest number of clubs in the ranking behind UK, while Bundesliga continues to lose brand value

Germany has an impressive 10 clubs in this year’s ranking, with its strongest and most valuable club brand, FC Bayern Munich holding its top 10 rank in 7th. Although the team made a record start to the 2022-2023 season, they are facing increasing competition from other German clubs. They sit in 2nd place behind Borussia Dortmund (brand value up 5% to €541.92 million, ranked 13th) in the Bundesliga, while Bayern also recently suffered their first-ever defeat by RB Leipzig (brand value down 9% to €222.46 million, ranked 19th). That said, Bayern’s exceptional talent pool, global reputation and popularity remains undisputed; the club have secured more victories than all remaining Bundesliga teams combined, and the club boasts a global fan base of loyal and dedicated fans.

Flamengo just holds onto 50th position as the only non-European club in the ranking 

Flamengo (brand value up 2% to €97.85 million) have dropped from 49th in 2022 to 50th position in 2023. Despite Brazilian hopes for their success, the team were knocked out of the 2023 FIFA Club World Cup in February after a disappointing defeat to Saudi Arabian team, Al-Hilal. That said, the Brazilian club still performs respectively in the BSI ranking, dropping only one place to 16th.  This strong result indicates that the club maintains a favourable global reputation, attributed to the successful legacy and rich heritage of its nation’s football culture. Flamengo also achieves the second-highest score globally for its passionate fan base. 

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Patrick Hansen Group Chief Executive Officer – Luxaviation

Patrick Hansen

Group Chief Executive Officer

Patrick Hansen was born in Luxembourg. He holds a Commercial Engineering degree from ICHEC, Brussels and an MBA Finance degree from McGill University, Montreal. He started his career in finance and banking in London and Moscow and successfully created several companies, one of which was sold to Nasdaq-quoted Company (MMW) and another one to a company listed on the Australian Stock Exchange (REA).

In 2007, he co-founded Edison Capital Partners S.A., an asset management company specialising in shipping, aviation and industrial participations. He founded Luxaviation Luxembourg in 2008 and became its Chief Executive Officer.

Luxaviation Group

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shabir-hussain ceo sham luxury properties uk london
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Shabir Hussain Ceo , SHAM LUXURY PROPERTIES London, England, United Kingdom

Shabir Hussain CEO & FOUNDER, SHAM LUXURY PROPERTIES London, England, United Kingdom

Shabir has years of experience in Banking, Corporate Purchasing and Real-Estate, having held positions at BNP Paribas, Fam Properties and Birmingham City Council.

When he saw there was a Demand, he didn’t wait for the opportunity he created it and became that bridging gap between the UK and UAE to serve investors.

The GLOBAL strategist

The market today

SHAM | EDITION VISION & VALUES

Our team has a great interest in focusing on key developing regions, that have a low supply and a high demand for property. Secondly, our focus is on London, Birmingham and Manchester as these are the top three cities with outstanding universities for the international clients to generate a lucrative return. We also provide Bespoke Residential Apartments in Dubai, built to impress with the unique designs and architecture overlooking the breath-taking views. These signature developments add value to our investor’s portfolios.

Moreover, we are that bridging gap between the buyer’s and the sellers worldwide, we make the possible happen, and facilitate the most important transaction with integrity.

Our team are highly driven and do things that other people are afraid to do, to win in the market. We have partnered up with several recognized developers in the United Kingdom and United Arab Emirates, serving clients to buy and sell the most luxurious properties with peace of mind.

FREQUENTLY ASKED QUESTIONS BY INVESTORS

Subsequently, with all the issues the world has been facing since the Global Pandemic, Investors are keen to ask questions about the condition of the market before making any decisions. The most common question I get asked is “when to invest”, well, my answer is, “there is not a Golden time to invest.

The best time to buy is in a low market, which enables you to minimize your risks, while maximising your upside potentials and most importantly to factor your exit strategy in place, this allows you to maximise your returns.

This can only be done right, if the investment advisor has made an educated decision in sourcing, reviewing and structuring the deal, in a way that will benefit your investment.

HOW RESILIENT WAS THE UK REAL ESTATE MARKET BEFORE COVID 19

As you all know the UK market is one of the strongest markets in the world, attracting thousands to invest in prime areas. In 2019 the national housing price growth come to a standstill due the lack of supply, this was a positive for landlords as the rental growth saw a slight increase during 2019 due to declining availability of homes to let. So, this just shows there was a Supply vs Demand issue that we were facing.

The private rents in London on average rose by 0.9% in nominal terms in the year to June 2019 (ONS). This is up from -0.2% in June 2018 and marks seven consecutive months of positive nominal rental growth.

DID THE PANDEMIC IMPACT THE REAL ESTATE MARKET

 

The whole world was on a standstill and the property prices fell sharply after the onset of COVID-19 when the ockdown measures restricted the completion of property transactions.However, they quickly recovered, reaching a new record peak by November 2020.

These increases were mainly driven by the policies introduced early on to support businesses, household incomes and the housing market. These boosts to demand interacted with the decades- long under supply of housing – exacerbated by even worse than usual construction levels in Q2 2020.

Movement restrictions introduced in the second quarter of the year followed by the gradual easing of restrictions and the subsequent introduction of a property transaction tax holiday in July 2020 (which was due to run until March 2021) have made 2020 an unusual year in the housing market.

HMRC estimates pointed towards a 14.9% yearon-year increase in UK residential property transactions over 2021-22 (1,374,050), with annual volumes reaching their highest level since 2007- 08 (1,473,950) and year-on-year growth in the post-financial crisis era surpassed only by that in 2013-14 (22.8%).

Despite transaction volumes contracting for three consecutive quarters through Q4 2021, from the record high of Q2 2021 and as a combination of temporary stimulus support being wound down and exponential growth in house prices pressured affordability for many, quarterly transaction volumes remained both above or in line with the long-term average, and above levels recorded during the lockdown nadir through near-term post-lockdown recovery period.

shabir-hussain ceo sham luxury properties

Shabir-hussain Ceo Sham Luxury Properties

WHAT’S HAPPENING IN THE MARKET NOW

As a result of the fall and the subsequent recovery of London rents during the pandemic, annual increases in average asking rents were at a high of 15.8% in the second quarter of 2022, with Rightmove recording the highest annual growth ever in any region.

Demand for private rental homes remains above supply in London and there are signs that both supply and demand are continuing to increase slowly, despite reports of many landlords considering leaving the market.

According to the House Price Index from the ONS, London house prices rose by 7.9% over the year to April, up from 4.9% annual growth in March. The average house price was highest in
Kensington & Chelsea at £1.5 million, and lowest in Barking & Dagenham at £336,000.

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SWATCH GROUP: KEY FIGURES 2022

SWATCH GROUP: KEY FIGURES 2022

Ad hoc announcement pursuant to Art. 53 of the Listing Rules
  • Net sales of CHF 7 499 million, +4.6% to the previous year at constant exchange rates, or +2.5% at current rates.
  • Sales growth of 25% in local currencies in all regions, with the exception of China, where Covid lockdowns resulted in sales shortfalls of over CHF 700 million.
  • The MoonSwatch is a best seller, with over 1 000 000 watches sold. Ongoing high demand, including in January, in the approximately 180 stores which exclusively offer the MoonSwatch.
  • Operating profit of CHF 1 158 million (previous year: CHF 1 021 million).
    Operating margin of 15.4% (previous year: 14.0%).
  • Net income of CHF 823 million (previous year: CHF 774 million).
    Net margin of 11.0% (previous year: 10.6%).
  • Operating cash flow of CHF 724 million (previous year: CHF 1 298 million); lower versus previous year, mainly due to precautionary increase in safety stock.
    Free cash flow1)  of CHF 342 million (previous year: CHF 1 033 million).
  • High net liquidity2) of CHF 2 540 million (previous year: CHF 2 558 million).
  • At its next meeting, the Board of Directors will decide on the dividend proposal to the Annual General Meeting.
  • In view of the strong position of the Group brands in all segments worldwide and the robust numbers in January for Mainland China, the Group aims to achieve a record year in 2023.
financial assets swatch group
financial assets swatch group

OUTLOOK 2023

Group Management anticipates strong sales growth in 2023 in all regions and segments. After the end of Covid measures, consumption quickly recovered, not only in China, but also in the surrounding markets of Hong Kong SAR and Macau. In addition, lifting of travel restrictions in China will revitalize sales in tourist destinations. The sales growth in January in China reinforces the Group’s expectation to aim for a record year in 2023.

1) Cash flow from operating activities minus cash flow from investing activities (without financial assets and securities)
2) Cash and cash equivalents as well as financial assets, securities and derivative financial instruments minus current financial debts and derivative financial liabilities

 

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Engel & Völkers reports 1.2 billion euros in Group commission revenues for 2022

Engel & Völkers reports 1.2 billion euros in Group commission revenues for 2022

Hamburg, 1st February 2023. Engel & Völkers, the leading platform for real estate agents, reports Group commission revenues of 1.2 billion euros for the 2022 financial year. Real estate worth a total of approx. 39 billion euros was brokered worldwide.

“Despite the onset of a cooling-off period on the real estate market, our turnover performance matched that of the previous year, in excess of 1.2 billion euros. We were also successful in driving international expansion forward in our core markets and increasing the number of agents working under our brand,” says Sven Odia, Global CEO of Engel & Völkers, continuing: “In the current market climate, expertise, experience and professionalism are key differentiators when it comes to strengthening client loyalty and gaining even greater market share. In the second half of 2022, we saw that sellers are particularly drawn to us for our elaborated specialist knowledge, as well as for the intensive personal support we provide when brokering their properties. They also trust in our brand, which has been globally established. In 2023, we intend to invest even more in the training of our real estate agents and the expansion of our digital technology platform – in order to provide our clients with the best possible advice, especially during periods of crisis.”

Real estate as an anchor of stability

“The war in Ukraine and its ramifications in the form of a shortage of raw materials, the energy crisis, and rising inflation and mortgage rates meant that 2022 brought along a special set of circumstances that still continues. This mood of uncertainty led, in turn, to a certain reluctance to buy in some of our markets,” says Sven Odia. He goes on to say: “There is still a high demand for real estate however – as a safe haven and a capital investment that provides dependability in terms of value retention. Properties are seen as an anchor of stability, especially in the premium segment, and used as an attractive method of protecting assets in the long term.” Between January and December 2022, Engel & Völkers closed 10 percent more real estate transactions in the uppermost segment of properties worth in excess of 10 million euros.

Alongside the Group’s stable revenue performance, the number of real estate agents is growing continuously. In 2022, more than 1,000 agents and 53 shops joined the platform worldwide. “We offer them a global and renowned brand, an international network, and a superb platform that harnesses the very latest technologies. This offer will continue to attract many market experts in the future, which in turn will take the Group’s ongoing professionalisation to the next level. We are cautiously optimistic about developments in this coming year,” Sven Odia concludes.

ENGEL & VÖLKERS
Engel & Völkers GmbH
Global Corporate Communication Team
Vancouverstraße 2a
20457 Hamburg
Germany
T: +49 40-36 13 11 20

About Engel & Völkers: Engel & Völkers is one of the world’s leading service companies specialised in the brokerage of premium residential property, commercial real estate, yachts and aircrafts. For over 40 years now, the wishes and needs of private and institutional clients have had top priority, giving rise to the ongoing development of a range of services relating to all aspects of real estate. Sales and leaseholds, as well as consultancy for various investment opportunities in the real estate segment are among the core competencies of more than 16,500 people operating under the Engel & Völkers brand. The company is currently operating in over 30 countries on five continents. Intensive training schemes in its in-house real estate Academy and the high level of quality assurance governing its systematically structured service provision are key factors that account for the company’s success. Engel & Völkers develops digital tools and IT products on an ongoing basis, in order to keep its service as efficient as possible. In doing so, the company is setting new standards in digital solutions for property brokerage. www.engelvoelkers.com

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Grant Dalton, Emirates Team New Zealand CEO
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Italian brand SLAM becomes Official Apparel Supplier to America’s Cup Defender Emirates Team New Zealand

La marca italiana SLAM se convierte en proveedor oficial de indumentaria de America’s Cup Defender Emirates Team New Zealand

La marca italiana de ropa de navegación de alto rendimiento SLAM ha unido fuerzas con el cuatro veces ganador de la America’s Cup, el Emirates Team New Zealand, en la preparación de la 37.ª edición del icónico evento en Barcelona el próximo año.

Grant Dalton, Emirates Team New Zealand CEO

Grant Dalton, Emirates Team New Zealand CEO

SLAM, una marca global que se fundó en Génova en 1979, se sumará a la campaña de Nueva Zelanda como proveedor oficial de indumentaria mientras el equipo prepara su defensa de la America’s Cup en octubre de 2024.

Emirates Team New Zealand defendió con éxito la America’s Cup en Auckland en 2021 después de haber ganado previamente la competencia deportiva internacional más antigua del mundo en 1995, 2000 y luego nuevamente en 2017.

SLAM cambió de manos en 2021, fue comprada por VAM Investment Group y se embarcó en un nuevo viaje de alto perfil con el regatista campeón del mundo Enrico Chieffi a la cabeza como director ejecutivo y un fuerte enfoque en ropa de navegación de clase mundial técnicamente innovadora y de alto rendimiento.

El Emirates Team New Zealand defenderá la America’s Cup contra los ganadores de la Challenger Series, que será disputada por cinco equipos ultracompetitivos: el INEOS Britannia del Reino Unido dirigido por el multicampeón olímpico Sir Ben Ainslie; los dos veces ganadores de la Copa de Suiza Alinghi Red Bull Racing; el equipo italiano Luna Rossa Prada Pirelli dirigido por Max Sirena como director y patrón del equipo; American Magic dirigido por Terry Hutchinson con los ganadores de la medalla de oro olímpica Tom Slingsby y Paul Goodison; y el K-Challenge francés liderado por Stephan Kandler.

Enrico Chieffi, director ejecutivo de SLAM
El CEO de Emirates Team New Zealand, Grant Dalton, dijo: “SLAM ha demostrado su estrategia clara y positiva al trabajar para convertirse en una de las mejores marcas de ropa de navegación de alto rendimiento del mundo y todos nosotros en Emirates Team New Zealand esperamos trabajar junto a ellos en eso”. misión.

“Somos un equipo de más de 100 personas en una amplia gama de roles vitales, desde ingeniería hasta construcción de barcos y navegación, que deben trabajar juntos para ganar la Copa América. Esta filosofía se extiende a todos nuestros socios y SLAM y su compromiso con su indumentaria de calidad”.

El acuerdo hará que SLAM suministre ropa técnica al Emirates Team New Zealand luego de una colaboración en el desarrollo de materiales y diseño de productos. Se comercializará a nivel mundial una versión réplica de la indumentaria que viste el equipo con las mismas características técnicas.

Enrico Chieffi dijo: “Es un verdadero honor firmar este acuerdo y unirme a la campaña del Emirates Team New Zealand. Haremos todo lo posible para contribuir a su defensa de la America’s Cup. Grant Dalton y yo nos conocemos desde hace muchos años. Siempre ha existido una sintonía y un profundo respeto entre nosotros, incluso cuando a menudo fuimos protagonistas en los eventos más importantes de la vela mundial, primero como atletas y luego como gerentes.

“SLAM ha desempeñado un papel central en el mundo de la navegación durante más de 40 años y nuestro objetivo es establecer su lugar entre las mejores marcas de navegación de alto rendimiento del mundo. Esta asociación es un paso importante en ese camino”. The Emirates Team New Zealand la ropa técnica es el resultado de una estrecha colaboración en el desarrollo de materiales y diseño de productos”, agregó Chieffi, quien fue campeón mundial en las clases 470 y Star, doble regatista olímpico y táctico en el retador de la Copa América de Italia Il Moro di Venezia. en 1992.

Acerca de Slam
Slam S.p.A. es una reconocida marca italiana de ropa de navegación de alto rendimiento fundada en Génova en 1979. La empresa es propiedad de VAM Investment Group desde 2021, y Enrico Chieffi, campeón mundial, atleta olímpico, táctico de la Copa América y exitoso hombre de negocios, es el director ejecutivo. Con el apoyo clave del nuevo socio financiero y estratégico de la empresa, Chieffi se encarga de llevar adelante la misión de gestionar la nueva fase de desarrollo de SLAM, con el objetivo de desbloquear todo el potencial de la marca y establecer a SLAM entre las mejores marcas de navegación de alto rendimiento del mundo.

Acerca de VAM Investment Group spa
VAM es una sociedad de cartera de capital privado dirigida por el consejero delegado y accionista Marco Piana, controlada por el presidente Francesco Trapani y participada por Tages, una sociedad internacional de gestión de activos activa en fondos alternativos, infraestructura y, a través de sus accionistas, deuda en dificultades/NPL, con Umberto Quadrino como presidente y Panfilo Tarantelli como director general. VAM realiza inversiones de capital privado junto con empresarios y gerentes, proporcionando una combinación exclusiva en el mercado de conjuntos de habilidades comerciales, administrativas y financieras. A los socios de VAM se une un grupo cercano de oficinas familiares italianas e internacionales de alto perfil que conforman el VAM Investments Club. Recientemente, VAM ha llevado a cabo operaciones de inversión clave, incluida la del Grupo Florence, nombre líder en la cadena de suministro textil de Italia, y la cotización de un SPAC valorado en 210 millones en la bolsa de valores de Ámsterdam.

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BENTLEY MOTORS APPOINTS NEW MULLINER AND MOTORSPORT DIRECTOR IN BESPOKE DIVISION REORGANISATION

BENTLEY MOTORS APPOINTS NEW MULLINER AND MOTORSPORT DIRECTOR IN BESPOKE DIVISION REORGANISATION

  • Ansar Ali joins Bentley as Mulliner and Motorsport Director from McLaren Special Operations
  • Paul Williams becomes Mulliner Chief Technical Officer with Bob Martin appointed Chief Operating Officer
  • Reorganisation follows record levels of demand for bespoke services, increasing fivefold in the past five years 

(Crewe, 13 January 2023) Bentley Motors today announced the appointment of Ansar Ali as the new Mulliner and Motorsport Director, reporting directly to Adrian Hallmark, Chairman and CEO. Ali will lead the reorganised Mulliner division as customer personalisation reaches record levels of demand.

Ali, who has a 30 year career in the automotive industry, joins from McLaren Special Operations where he was Managing Director. Before this, Ali held senior management roles at Ford, Lotus, Caterham and co-founded Zenos Cars.

Ali’s dual responsibilities at Bentley cover Motorsport activities, working closely with the GT3 race teams currently competing, and a focus on Bentley’s personal commissioning division, Mulliner, the oldest coachbuilder in the world and now with three distinct classifications; Classics, Collections and Coachbuilt.  Commenting on Ali’s appointment, Adrian Hallmark said:

“Mulliner represents the very pinnacle of automotive design and expertise and Ansar joins at a time when we are experiencing record levels of demand across our features, collections, coachbuilt and classics possibilities. Ansar’s considerable industry experience, particularly leading low-volume, highly bespoke customer-led divisions will offer valuable insights that will reinforce Mulliner as the leading personal commissioning division and generate significant contributions to the wider Bentley business.”

Ali will lead a reorganised Mulliner bespoke division in which Paul Williams becomes Chief Technical Officer, having held a number of senior positions in a 15 year career at Bentley, and Bob Martin, formerly Head of Final Assembly at Bentley, becomes Chief Operating Officer. All positions are effective immediately.

Mulliner has been building bespoke bodies and cabins since 1923 and today handcrafts exquisite, personalised cars that epitomise luxury, performance, exclusivity and individuality. Mulliner’s portfolio includes coachbuilt cars such as the Batur, heritage limited editions including the Blower, and a wide variety of stunning and unique customer projects.

The high level of customer demand for bespoke services, reaching record numbers in 2022, helped push Bentley to its third consecutive record sales year, announcing earlier this week a sales success of 15,174 in 2022, a four per cent increase on 2021.

Bentley Motors
Bentley Motors is the most sought after luxury car brand in the world. The company’s headquarters in Crewe is home to all of its operations including design, R&D, engineering and production of the company’s five model lines, Continental GT, Continental GT Convertible, Flying Spur, Bentayga and Bentayga EWB. The combination of fine craftsmanship, using skills that have been handed down through generations, alongside engineering expertise and cutting-edge technology is unique to UK luxury car brands such as Bentley. It is also an example of high-value British manufacturing at its best. Bentley employs around 4,000 people at Crewe.

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