Hilton & Hyland proudly joined Christie’s International Real Estate and their premier global affiliates for the annual Shanghai Auctions this past weekend. The fifth anniversary of Christie’s Shanghai salesroom brought together the art and culture of Asia and the West.
This auction presents an exciting opportunity to explore the works of Asian and Western contemporary masters and emerging artists, as well as celebrate the region’s status as a global hub for collectors from both East and West. The sales and exhibitions have been curated by Christie’s specialists to meet the varied interests of experienced connoisseurs and new collectors from over 21 countries. As the world’s leading art business producing $5.4 billion in sales last year, it is no wonder the auction ultimately resulted in a strong sell-through rate across a wide spectrum of price points, brands, and collectors, achieving a combined total of ¥98,580,000, a 35% increase than last year’s Autumn sales.
Pictured: Tiffany Hu, Hilton & Hyland Agent with Zackary Wright, Christie’s Affiliate
Tiffany Hu of Hilton & Hyland commented, “Mainland Chinese buyers are increasingly interested in our market and we are excited to be able to bring some of our most elite listings in front of such a vibrant audience.” This wealthy group’s appetite for American luxury real estate is not expected to fade anytime soon; instead, they are diversifying their scope any way they can – starting with bidding on the finest secular modern art. Foreign buyers are frequently traveling beyond their borders to discover safe investments and opportunities for long-term growth in an upscale home in an exclusive and affluent neighborhood such as Beverly Hills.
Hilton & Hyland continued to enhance its international presence by featuring a few of our premier listings. Jeff Hyland, President of Hilton & Hyland explains, “While our focus is commanding the Los Angeles luxury real estate market, part of our strength lies in our global reach. We take great pride in meeting with our international clients around the world and it is important we have a physical presence at these global events.”
Rick Hilton, Chairman of Hilton & Hyland, added, “As Hilton & Hyland gains international recognition, clients from around the world frequently call on us to assist in the marketing and selling of their homes. From the Palazzetto
in Rome to the Billionaire
in Bel-Air.” Our presence at these global events not only allows us to promote our international brand, but our international buyers as well.
For more on the event and viewable works, click here.