The UHNW Economy: Wellness, Hospitality and Luxury as Asset Classes
The core message of the available transcript is that Abu Dhabi’s appeal to ultra-high-net-worth individuals and family offices is not being driven by property alone, but by the broader ecosystem around wealth, family life, investment access, wellness, culture and community. The moderator framed the conversation around the business models behind wellness, hospitality, dining, private clubs, retail and other lifestyle sectors, asking where investors might find opportunities over the next two years as wealthy individuals increasingly make Abu Dhabi their home. Andrew Cummings opened by arguing that the UAE has transformed since pre-COVID times, with a major increase in relocating wealth and a resulting shift in what developers must deliver: super-prime homes, differentiated design, branded residences and finishes comparable to what buyers expect in the UK, New York and Singapore.
uhnwfamily-officesluxury-real-estate+4 other speakers