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christies london belgian 54 million collection magritte 1234769866

Christie's London will auction a major collection of modern and contemporary art from Belgian collectors Roger and Josette Vanthournout during its March marquee sales week. The collection, estimated at £40 million ($53.8 million), spans six decades of collecting and includes works by René Magritte, Henry Moore, Pablo Picasso, Yayoi Kusama, Lucio Fontana, Agnes Martin, and Max Ernst. It will be offered across three sales: a March 5 evening sale, a March 6 daytime sale, and an online sale from February 25 to March 12. Highlights include Magritte's 'La plaine de l'air' (1940) and Moore's 'Goslar Warrior' (1973–74), each estimated at £3.5–5.5 million.

ucca centre for contemporary art allegedly withheld wages 1234748367

The UCCA Center for Contemporary Art in Beijing allegedly withheld staff wages for six months from January to June, according to the South China Morning Post. The institution, founded by the late Belgian collectors Guy and Myriam Ullens in 2007, has faced financial challenges including lower ticket sales, higher international freight costs, stricter rental demands from its landlord in Beijing's 798 Art District, and difficulty collecting payments from international partners. Its Shanghai branch, UCCA Edge, has seen no activity since June after an exhibition co-presented with the Saudi Ministry of Culture. Director Philip Tinari acknowledged a difficult year for museums in China, citing a slower consumer economy, and said the UCCA is working on long-term funding solutions.

art market minute jan 19 2738213

Christie’s has secured the estate of Belgian collectors Roger and Josette Vanthournout, with over 200 works to be sold in its March sales in London, including a René Magritte painting estimated at $4.7 million. Meanwhile, South Africa blames Qatar for the cancellation of its Venice Biennale pavilion featuring a work about Gaza violence by Gabrielle Goliath, claiming Qatar sought to use the pavilion for "proxy power." Art Cologne has announced 88 exhibitors for its revived Palma, Mallorca edition launching April 9.