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PRODUCT NEWS
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| Wellness real estate concept Delos is not just for the high-end, founder Paul Scialla tells Spa Business |
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| 23 Feb 2014 . BY Tom Anstey |
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Paul Scialla, founder of real estate wellness company Delos, has insisted the company’s developments are not just for celebrities and the high-end luxury market.
Delos made waves in November when Golden Globe award-winning actor Leonardo DiCaprio become an investor in the project and purchased one of its homes in Greenwich Village, New York, US, boasting more than 500 wellness and health features.
The company is already connected to a string of well known names including fashion designer Donna Karan, musician will.i.am and former US President Bill Clinton but in an interview with Spa Business magazine, Scialla was adamant that Delos developments are not just for the rich and famous and expressed his excitement at the potential that a wellness market combined with the property market presents to everyone.
“Real estate is the largest asset class in the world – it’s worth US$150tn (€111tn, £91tn) – and we’re looking to combine that with one of the fastest growing and, arguably, one of the most important industries in the world: health and wellness,” said Scialla talking to Spa Business. “More than US$2tn (€1.5tn, £1.2tn) a year is spent on preventative medical intervention, so obviously – for Delos – there’s a massive economic play.
“We found that what we were offering appealed and had significant value to every single person regardless of gender, age or income level. It was very clear to us that more people today are focused on health and wellness.”
As part of its developments, the company has just certified its first wellness offices and is also working with the healthy restaurant chain Lyfe Kitchen to certify 250 of its facilities over the course of the next five years.
Delos is also implementing a Wellness Access programme, which will see the core components of Well Building Standards added to 1,200 homes and is working with will.i.am on an affordable housing project in Boyle Heights – a low income neighbourhood in Los Angeles, US.
To read more about Delos and Paul Scialla, the new edition of Spa Business magazine is available to read online here.
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