KUALA LUMPUR (Nov 13): Malaysia’s economic transformation has given birth to a new cluster of uber-wealthy businessmen, which has enticed luxury European property development company, Sterboul, to make Malaysia its entry route to the Asian market.Mirjam Nielsen, Sterboul’s Marketing Manager said that “If we look at the luxury auto sector, Porsche has experienced remarkable growth in the last few years, with sales in Malaysia increasing by more than 1,100% in five years. BMW and Mercedes-Benz passenger car sales have almost doubled in the same period. If you compare them with other car manufacturers its clear the more geared towards that high-end luxury market, the greater the growth.”Sterboul’s Public Relations Officer, Daniel Joshua, added “There has been a surge of luxury brands looking to satiate this explosive demand. Bentley opened their first showroom in Malaysia in 2009, the same year that Naza Italia opened one of the largest Ferrari showrooms in the world. Rolls Ro
Plans go in for 48-bedroom hotel in the grounds of Grade I listed Acklam Hall
The Grade I listed building was redeveloped as a wedding venue, restaurant and office space in 2016
06:00, 27 APR 2021
Updated
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Thank you for subscribingWe have more newslettersShow meSee ourprivacy notice A 48-room hotel could be built at the side of a Grade I listed building in Middlesbrough.