Miami – After Giorgio Armani, Fendi also enters the real estate business in the States alongside the Château Group. The LVMH group brand signed an agreement with Château Group to develop the Fendi Château Residences, a 12-storey building on the waterfront of Collins Avenue, south of Le Bal Harbour Shops. The project will be completed by June 2016, and the building will be divided into 58 apartments, furnished with Fendi Casa and Gaggenau appliances and bathrooms decorated with Italian marble. The apartments will sell between $5 million and $22 million. (9Colonne)
