With three children and three homes over the past 12 years, the Duke and Duchess of Cambridge must be hoping their newest abode will be their last for a while.
The family will be leaving apartment 1A in the grounds of London’s Kensington Palace this summer to take up residence at Adelaide Cottage on the Windsor Castle estate in Berkshire.
The Cambridges are making the move to be closer to Queen Elizabeth II, who moved into the castle permanently in March 2020, and Prince George, Princess Charlotte and Prince Louis will all reportedly attend local schools.
Here are the residences the Cambridges have called home over the years, since they married in April 2011.
Bodorgan Home Farm, Anglesey, Wales
The couple moved to Wales, living in Anglesey between 2010 and 2013, while Prince William served as an RAF Valley search and rescue pilot. It was also the couple’s first family home with children after they had Prince George in July 2013.
The four-bedroom farmhouse is situated on the Bodorgan Hall estate, the home of Lord and Lady Meyrick, which was completed between 1779 and 1782, although the estate itself is thought to be more than a thousand years old, and belonged to the Bishops of Bagnore during medieval times.
The estate has its own private beach and the farmhouse has views of Newborough Forest. The couple paid £750 ($919) per month in rent.
Anmer Hall, Norfolk
Following the birth of Prince George, the queen gave Anmer Hall on the Sandringham Estate in Norfolk to William and Kate as a gift in 2013.
After two years of renovations, during which time the family stayed at Kensington Palace, they moved into the property.
The 10-bedroom house was built in 1802, although the surrounding lands are a designated “scheduled ancient monument” owing to the remnants of buildings from the medieval village of Anmer, in the grounds.
The hall was bought by the then-Prince of Wales (the future King Edward VII) in 1898, for his daughter, Princess Maud, and it became part of the Sandringham Estate.
After Prince William and Kate had Princess Charlotte in May 2015, the little girl was raised with Anmer as her childhood home.
Kensington Palace, London
After two years in Norfolk, the family moved into apartment 1A in Kensington Palace in 2017, in time for the April 2018 birth of Prince Louis.
William was raised at the palace alongside his brother, Prince Harry, in apartments eight and nine.
Previously the home of Princess Margaret, apartment 1A is made up of 20 rooms spread out over four storeys, including five reception rooms, a day and night nursery, staff bedrooms and a large walled garden.
Originally built as a two-storey Jacobean house in 1605, Kensington Palace has been a British royal family residence since the 17th century when it was purchased by King William III and Queen Mary II in 1689.
During the First World War it housed people working for Irish soldiers, and during the Second World War, was hit by an incendiary bomb during The Blitz.
Adelaide Cottage, Windsor
The family will be on the move again, this time relocating to Adelaide Cottage on the Windsor Castle estate in Berkshire.
The move will bring the family closer to the queen, who has made Windsor Castle her primary residence, and will mean the three children changing schools.
The four-bedroom house was built in 1831 by King William IV, who named it after his wife, Queen Adelaide.
Located on the eastern side of Windsor Castle, one of its former residents was Peter Townsend, the man Princess Margaret famously wanted to marry, but was prevented from doing so because because he had been divorced, which was considered inappropriate at the time.
According to The Sunday Times, the family may eventually make Windsor Castle their home.
The Sand Castle
Director: Matty Brown
Stars: Nadine Labaki, Ziad Bakri, Zain Al Rafeea, Riman Al Rafeea
Rating: 2.5/5
Indika
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NINE WINLESS GAMES
Arsenal 2-2 Crystal Palace (Oct 27, PL)
Liverpool 5-5 Arsenal (Oct 30, EFL)
Arsenal 1-1 Wolves (Nov 02, PL)
Vitoria Guimaraes 1-1 Arsenal (Nov 6, Europa)
Leicester 2-0 Arsenal (Nov 9, PL)
Arsenal 2-2 Southampton (Nov 23, PL)
Arsenal 1-2 Eintracht Frankfurt (Nov 28, Europa)
Norwich 2-2 Arsenal (Dec 01, PL)
Arsenal 1-2 Brighton (Dec 05, PL)
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Price, base: Dh306,500
Engine: 6.2-litre V8
Transmission: 10-speed automatic
Power: 420hp @ 5,600rpm
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Fuel economy, combined: 12.9L / 100km
Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.
Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.
“Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.
Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.
“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.
Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.
From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.
Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.
BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.
Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.
Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.
“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.
Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.
“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.
“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”
The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”
Brief scores:
Manchester City 2
Gundogan 27', De Bruyne 85'
Crystal Palace 3
Schlupp 33', Townsend 35', Milivojevic 51' (pen)
Man of the Match: Andros Townsend (Crystal Palace)
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The Brutalist
Director: Brady Corbet
Stars: Adrien Brody, Felicity Jones, Guy Pearce, Joe Alwyn
Rating: 3.5/5
THE SPECS
Engine: 1.5-litre
Transmission: 6-speed automatic
Power: 110 horsepower
Torque: 147Nm
Price: From Dh59,700
On sale: now
MATCH INFO
Karnatake Tuskers 114-1 (10 ovs)
Charles 57, Amla 47
Bangla Tigers 117-5 (8.5 ovs)
Fletcher 40, Moores 28 no, Lamichhane 2-9
Bangla Tiger win by five wickets
Who's who in Yemen conflict
Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government
Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council
Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south
Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory