For high net worth individuals, divesting out of luxury assets can be a real headache. For example, a beautiful villa with a large ticket price may take years to find the right buyer, costing the owner time and money in the interim. And while the owner may not need liquidity from the sale of the asset, no one wants to take a hit on price or compromise value.
It may be that the asset has served its purpose for the owner: perhaps the family has grown up, or business taken them to another part of the world. There are many reasons why the original asset is no longer required and finding a purchaser can be extremely difficult.
The concept of trading or swapping assets is not uncommon but it is difficult to find the asset swap that suits both parties and in addition, it can be hard to match the value of both.
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