In a Luxury-Home Market Obsessed With Wellness, the ‘Shaman Is Another Level Altogether’
5 min
Luxury concierges, expected to go to the ends of the Earth to satisfy residents, may have to tread even further in their latest role.
A new crop of luxury buildings looking for more creative ways to stand out and attract wellness-focused buyers is going beyond, the flashy fitness centres and spas to add meditation gardens, cold plunges or ice baths—and, yes, spiritual concierges, who connect residents with healers, therapists and a bevy of other experts to help with mental and emotional health.
Take the Maverick Chelsea in New York as an example. The building, in Manhattan’s Chelsea neighbourhood, saw residents start to move in November and is debuting three floors of wellness amenities this month such as a 60-foot-long indoor mosaic tiled pool with cabana seating. But the highlight may be the on-call spiritual concierge who residents can tap through the building’s programming partner LIVunLtd.
Maverick Chelsea’s head of sales Alex Lundqvist said that the concierge can connect homeowners with top aura readers, crystal and reiki healers and meditation teachers.
“We want to provide multiple ways to help people who are seeking spiritual realignment or guidance,” he said. “It’s something that’s increasingly valued today.”
One&Only Mandarina Private Homes, in Mexico’s Riviera Nayarit, also offers spiritual aid—a shaman to be exact who leads a traditional Mexican sage ceremony for interested buyers to bless their new homes.
Danielle Lepe, a San Francisco resident who works at Facebook, for one, bought a six-bedroom residence at the property with her husband and jumped at the chance. “I want any home of mine to have good energy, and I believed that a shaman could bring that in,” she said.
Ms. Lepe and her husband invited several friends to join them for the auspicious day, which she said saw clusters of hundreds of dragonflies circling the sky. The shaman saged the property inside and out, she said, and also blessed their expecting friend. “I am not at all a hippie-dippy type, and neither are our friends, but our spirits and souls felt nourished,” she said. “We felt an incredible sense of peace and that everything would be O.K.”
The development’s overall wellness amenities were a big reason why the property appealed to her and her husband, said Lepe. “It has the best breathwork and fitness classes that we fully take advantage of, but the shaman is another level altogether,” she said.
These more unusual perks of buying a residence in an upscale building are no surprise, according to Beth McGroarty, the research director for the Global Wellness Institute, a Miami-based nonprofit that promotes wellness. This is because wellness-centric residential real estate has been powered by the pandemic and is seeing a rapid rise. According to the group’s data, the market was valued at $148 billion in 2017. This year, it’s projected to jump to $460 billion, and by 2025, $580 billion.
“Wellness in real estate today means everything that you would find at a cutting-edge wellness centre,” Ms. McGroarty said. “It’s also a lot more holistic and emphasises emotional and spiritual health because buyers want help in this realm, especially after the pandemic.”
Mikaela Arroyo, the director of the New Home Trends Institute at California-headquartered John Burns Real Estate Consulting, agreed. “We surveyed homeowners and renters last November, and the majority responded that mental well-being was more paramount than physical health and their top priority when seeking a new property,” she said.
Some of the latest spa amenities also blur the line between physical and mental wellness.
A trendy amenity that’s designed to shock, all in the name of health of course, is the ice bath, where residents—as the name suggests—literally take a bath, if only for a second, in a tub filled with ice. Cold plunges are another twist on the concept and claim to have a similar effect. Cold therapy is touted as a cure all for everything from inflammation and sore muscles to improving mental health.
Fiction or fact aside, extreme temperature plunges and baths are catching on.
The Renaissance Residences Honolulu and Four Seasons Private Residences Lake Austin both have cold plunge baths. It’s also a feature at Brooklyn Point in downtown Brooklyn, according to Ryan Serhant, who is leading the sales and marketing for the building.
“This is a development that has been designed around the story of wellness, and the three levels of amenities include a rock-climbing wall, two pools plus this cold plunge pool,” he said.
Cipriani Residences Miami, located in the Brickell neighbourhood and slated for completion in 2026, is playing up the ice bath that will be part of its wet room. Michael Patrizio, the managing director for the project’s developer Mast Capital, said that the bath will be between 50 to 55 degrees Fahrenheit and next to the sauna so that residents can move from hot to cold or vice versa setting quickly. “We’re trying to be ahead of the market with what we give our owners, and this bath is definitely a way,” he said.
Picturesque meditation gardens are another fresh perk that developments have at the ready to help buyers find calmness. “Our research has found that a connection with nature is important to home buyers today as a way for them to destress and reconnect with themselves,” said Ms. Arroyo. “Meditation gardens in the wake of this couldn’t be more opportune.”
At 212 West 72nd St., on Manhattan’s Upper West Side, for example, there’s an interior courtyard garden on its third-floor amenity level that’s meant to be used for yoga and meditation. It’s accessible from the fitness centre and features a wooden pergola that’s draped in florals.
The Perigon, located in Miami Beach and debuting in 2025, is a luxury condominium tower with a meditation garden designed by Gustafson Porter + Bowman, the London landscape architecture firm behind the redesign of the Eiffel Tower’s green spaces and the Princess Diana Memorial Fountain in Hyde Park.
Neil Porter, the architect who led the project, said that his vision was to create a secluded space for owners within the larger gardens that’s away from the activity of the beach. The long, linear area is flanked by a water channel, said Mr. Porter, that has pods constructed of timber which residents can sit on as they self reflect. Other elements include seating alcoves on solid ground and an abundance of lush plants and flowers such as lilies and irises. “The pods resemble floating islands,” Mr. Porter said, “and the garden is meant to be a place for a tranquil escape.”
This article originally appeared on Mansion Global.
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Australia’s retail property sector entered 2026 as the strongest performing commercial asset class, but rising geopolitical risks and cost pressures are beginning to test its resilience, according to new research from Knight Frank.
The latest Australian Retail Review shows the sector rode a wave of consumer spending and constrained supply through 2025, delivering total returns of 9.2 per cent and driving transaction volumes up 43 per cent year-on-year to $14.4 billion.
That momentum carried into early 2026, with around $3.6 billion in deals recorded in the first quarter alone.
“Retail clearly emerged as the standout commercial property performer in 2025,” said Knight Frank Senior Economist, Research & Consulting Alistair Read.
“Improving household spending, limited new supply and stronger leasing fundamentals combined to drive better income growth and renewed investor confidence in the sector.”
Spending rebound drives retail strength
A lift in household spending has been central to the sector’s performance. Consumer spending rose 4.6 per cent year-on-year to February 2026, supported by easing inflation and improving real incomes.
That shift flowed directly into retailer performance, with average EBIT margins across major retailers rising to 8.9 per cent in the first half of 2026, their strongest level in several years.
“Stronger consumer spending was critical in restoring momentum to the retail sector,” Mr Read said.
“Retailers have generally been better able to absorb costs, rebuild margins and support sustainable rental outcomes, particularly in higher-quality centres.”
Improved trading conditions also pushed leasing spreads up 4.2 per cent in 2025, reinforcing income growth and supporting capital values.
Geopolitical tensions begin to bite
But the outlook has become more complicated. The report warns that escalating conflict in the Middle East and its impact on fuel prices, supply chains and interest rates could weigh heavily on consumer spending.
“Higher fuel prices, flow-on cost pressures across supply chains, and recent interest rate increases are collectively squeezing household budgets, and early consumer sentiment data suggests confidence is already softening,” Mr Read said.
“While household balance sheets remain generally resilient, heightened uncertainty over future costs is likely to weigh on spending — particularly in discretionary categories — in the months ahead.”
The impact is already being felt in investment activity. While the year began strongly, transaction volumes slowed in March as investors paused amid the uncertainty.
“Early indicators suggest elevated uncertainty has already begun to affect the market. While retail investment enjoyed its strongest start to a year in a decade, with nearly $3 billion transacted by the end of February, activity stalled in March, as investors took a pause amid elevated uncertainty,” Mr Read said.
Solid foundations support medium-term outlook
Despite the near-term headwinds, Knight Frank maintains that the sector’s underlying fundamentals remain strong. Limited new supply, high construction costs and population growth are expected to continue supporting rental growth over the medium term.
“Retail has entered this period of uncertainty from a position of strength,” Mr Read said.
“Supply-side constraints, population growth and improving income fundamentals remain powerful structural supports for the sector.”
The report highlights several trends shaping the year ahead, including steady yields as interest rates rise, mounting pressure on tenant margins, continued outperformance of prime centres, the growing need for logistics integration, and risks linked to underinvestment in capital expenditure.
For now, retail remains a sector with momentum, but one increasingly at the mercy of forces far beyond the shopping centre.
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