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Brussels attracts artists and galleries from neighbouring countries. Its ideal location between France, the Netherlands, the UK and Germany (Paris can be reached in just over an hour, London, Cologne and Amsterdam in about two hours) is not its only asset …
Every fortnight, Artprice provides a short round up of art market news.
Behind China, the other significant emerging force on the international art market is India. In the mid 1990s, India’s strong economic growth produced a new generation of patrons and sponsors willing to invest in the art of their fellow-countrymen. Today, the demand is global and fast-growing, substantially fuelled by the speculative incentive to earn attractive gains on quick turnarounds. The works produced by the new stars of Indian art are exchanged in auction houses in Hong-Kong and Dubai, London and New-York, New Delhi and Paris. After China, India looks like a new Eldorado for collectors / buyers attracted to the speculative potential.