Hong Kong is the most expensive territory in the world to buy house. According to Bloomberg referring to research of Savills Plc. real estate company, in 2010 Hong Kong prices for housing property was 55% higher than in London. According to research, prices in Moscow were 7.4% up, and in New-York 15% down than in Britain's capital. As Savills pointed out, growth in property prices in Hong Kong contributed to rather low interest rates, property shortage and the rush of wealthy buyers from China. According to another research by Centaline Property Agency Ltd., property prices in Hong Kong jumped by 55 % in 2010, and this drive would continue the next 1-1,5 years. To improve the way in property market Hong Kong government plan to build about 20 thousand new homes annually and increase property tax. As reported by m-2.ru, today the average price for the130-200 square meters apartment in Hong Kong is about US $ 21,000 per 1 square meter (US $1930 for square feet).

In Germany, in the area of Frankfurt's RhineMain Airport, was completed the construction of the Germany's largest building and one of the world's largest commercial properties - The Squaire (a new word that combines "square" and "air"). The Squaire has a length of 660 meters, 9 floors and the area of 140.000 square meters. The construction cost has already exceeded one billion Euros, despite the initial estimated cost of € 660 million and planned building commission in 2009. The spectacular building designed by star architect Helmut Joos, who made the appearance of the building similar to the glazed whale. The Squaire stands on 240 pillars such that nowhere does the structure touch the ground. Inside the huge building are located 2 Hilton hotels with 580 rooms, a large medical center, supermarket, shops, boutiques, restaurants and numerous offices, and also three atriums flooded in natural daylight and with lot of leisure space. The Squaire is a trailblazing business concept and a New Work City offering work, mobility, healh care and life under a single roof. According to the developer of the project, IVG (Immobilienkonzern IVG) Bonn real estate concern, about 66% of the space is already leased. Office rental space prices in this building are up to € 30 per 1 square meter, while a maximum price of rent in Frankfurt is € 35 and the average in the city is about € 20. The principal tenant of the office space has become the KPMG accountancy, which rented 33 thousand square meters of office space and planning to move its European headquarters to Frankfurt. The international airport of Frankfurt-am-Main is one of the largest in Europe. It takes the third place in passenger traffic, after Heathrow of London and Charles de Gaulle of Paris, and is the second largest cargo, after Charles de Gaulle.

The Council on Tall Buildings and Urban Habitat (CTBUH) is the world's foremost authority on tall buildings. Every year, beginning from 2007, the Council issues seven Tall Building awards annually; two Lifetime Achievement awards and five Best Tall Building awards which recognize excellence in design and construction. Following an open call period for nominations, the Council's Awards Committee selects the winner of each category. The Best Tall Building Overall is selected from the four regional winners and announced at the CTBUH Annual Awards Ceremony & Dinner. One winner is chosen from each of four geographical regions (Americas, Asia & Australasia, Europe, and Middle East & Africa) and a further award presents the title of "Best Tall Building Overall" to one of the four regional winners. The 2010 finalist Tall Buildings were: Bank of America Tower, New York; The Pinnacle @ Duxton, Singapore; Broadcasting Place, Leeds, UK; and Burj Khalifa, Dubai. The Best Tall Building of 2010 from 4 regional finalists announced Broadcasting Place, Leeds, or as it is called "Rusty High rise " for the rusty facade feature of the 70 m high building. A key element in the design of the building is the irregular elevations, which have been tailored to optimize daylight and reduce solar penetration. An innovative analysis of the building facades was undertaken, to calculate the optimum quantity and distribution of glazing/shading at all points on the facade in order to ensure high levels of natural day lighting but without overheating. The design implements natural ventilation where practicable, ground source heat pumps, and a car-free development with bike parking provisions. In 2009, the Best Tall Building 2009 prize was aworded to Beijing residential complex Linked Hybrid. The 220,000 square meter pedestrian-oriented complex, sited adjacent to the site of old city wall of Beijing, aims to counter the current urban developments in China by creating a new twenty-first century porous urban space, inviting and open to the public from every side. Another award from CTBUH-2010 Global Icon Award, received Burj Khalifa, Dubai. The unprecedented height of the Burj Khalifa required design techniques, building systems, and construction practices to all be rethought and in many cases new applications developed in order to create a practical and efficient building. The building's "Y" shaped plan provides the maximum amount of perimeter for windows in living spaces and bedrooms without developing a large amount of internal unusable area.

The wonderful decorated and lighted Christmas tree has become an iconic symbol of the Christmas spirit all over the world. We are going to represent you some of the most interesting and amazing Christmas trees of 2011. The most expensive Christmas tree is in Abu Dhabi (UAE). In the lobby of Emirates Palace hotel in Abu Dhabi is the most expensive Christmas tree in the world, with the cost of $ 11 million. A 13 meter Christmas tree is artificial, but the toys that adorn it, are very expensive jewelry from the world's leading manufacturers. There are diamonds, a huge number of pearls and emeralds on the tree in the lobby of Emirates Palace Hotel; necklaces, bracelets, earrings, watches and much other jewelry hanging on it, each worth more than one thousand dollars. However, they can't be stolen, because there is a small sensor on each of these "toys" that will alarm the security if someone tries to make jewelry from the hotel. Note that in this hotel was once installed the world's first vending machine of gold bullion! Christmas Tree in Hong Kong by Swarovski Asians are trying to keep up with the oil sheiks of the Middle East. A famous Austrian company Swarovski made a 30-meter Christmas tree in Hong Kong. Swarovski erected Christmas tree in a conical shape of a skyscraper, with gold and silver diamond-shaped sections similar to the windows are illuminated from the inside all night long. For decorating the tree 20 million Swarovski crystals were used. Swarovski also constructed a Christmas tree in one of the most beautiful and fashionable French ski resorts - Megeve. (Watch video) Christmas Tree from Tiffany in Milan. The most expensive Christmas tree in Europe from Tiffany was placed in Milan. It costs €350 000. Next to this giant tree will open a jewelry store of famous brand. Note that a certain percentage of sales will be donated to the charity fund for the fight against cancer. Shopping Cart Christmas tree, Santa Monica, California. In one of the shopping centers in Santa Monica, California, raised a miracle Christmas Tree with the height at 33 feet. Designer Anthony Schmidt used 56 shopping carts to build this tree. According to Anthony, this tree embodies the hope for abundance and generosity of the coming New Year. Tallest Christmas tree in the World, town of Gubbio, Italian Province. These World Tallest Christmas tree is 800 meters high (2624 feet), 400 meters (1312 feet) wide. On the top of the tree and at the summit of the mountain, a star over 1000 meters (3,280 feet) long sparkles in the night sky. Tree is made up from over 800 lights laid out on the side of Mount Ingino. This tradition started when people of Gubbio decided to celebrate Christmas in a different way and in 1981 the first Mount -tree was illuminated. Since then the tradition is repeated annually thanks to a special committee consisting of volunteers giving up their free time for making the biggest Christmas tree in the world. Chocolate Christmas tree, France. Patrick Roger, a chocolate artist from France, made gigantic Chocolate Christmas tree to raise money for charity, auctioning off some parts of the tree and donating proceeds to an organization which studies neuromuscular disease. Roger unveiled the massive tree in his studio in Sceaux, Paris. The 32-foot-tall, 4-ton Chocolate Tree took a whole month to work on and as talented chocolatier said, making this was a great challenge for him. The Chocolate Christmas tree, hailed as a structural wonder, used $45,000 worth of 65% dark chocolate. (Watch video) The Largest Floating Christmas Tree. The Bradesco Seguros Christmas Tree, according to the Guinness Book of Records is the largest floating Christmas tree in the world, has been adorning the Rodrigo de Freitas Lagoon since 1996. It is a picture perfect site in Rio de Janeiro, Brazil, and is now on display for its 15th straight year. (Watch video) Although the Christmas trees in Yerevan are not the most expensive and the tallest, for us they are the most dearest!

Creative artists from all over the world arrived to Swedish Lapland to create the largest Ice Hotel in the world. The winter season 2010/2011 will be the 21th for the Ice Hotel in Jukkasjarvi, Sweden. The idea of Ice Hotel was born in 1990's; Jukkasjarvi has been always attracting ice carving artists, as it is located beyond the Arctic Circle. One winter day in 1990, when French artist Jannot Derid was holding an exhibition of his ice carvings in the igloo (a snowhouse originally built by the Inuit) , the number of visitors turned to be larger than it was expected and lack of available rooms forced some of them stay in that igloo at night. Locals covered blocks of ice inside the igloo with reindeer skin and let visitors sleep on them, inside their sleeping bags. In the next morning, the visitors, who spend the night in igloo, were enthusiastically speaking about the "magic" opportunity to sleep inside the ice shed and also clamed that it was not cold inside at all. In the second half of November, when in Jukkasjarvi temperature drops, locals scrape tons of ice blocks and snow from nearby Torne River. This year merely 22 tones of snow and ice was used to create the Ice Hotel on 5500 square meters area. Main bearing columns are equipped with steel rods from inside, which help to prevent them form collapse. These columns are created by spraying snow on the steel construction and allowing it to freeze into rock solid mass. Then, ice walls are built around the columns and large blocks of ice are placed inside the rooms, to let the artists to carve on them. The construction works continues for at least one month. Usually the Ice Hotel is completely ready at the end of December, but this year visitors can admire a real "Ice Miracle" from the beginning of the month. The guests can stay in any of 60 rooms, and also visit the ice church, bar, Art Suits and etc. The price for per night stay in world's original and largest Ice Hotel starts from $458! Yes, it's not cheap, but given the fact that it takes one month work of 50 skilled artists, and soon in Spring the hotel will melt back into the Torne River, the price is quite acceptable. Well before the opening of the next Ice Hotel-tourist season, Jukkasjarvi invites everyone to special snow carving lessons.