Frasers Property is betting on the UK’s tech sector as it adds another commercial asset to its Great Britain portfolio, according to an announcement today to the Singapore stock exchange by the developer controlled by Thai billionaire Charoen Sirivadhanabhakdi. The developer has signed a sale and purchase agreement to acquire Lakeshore, a business park in suburban London, for £135 million ($177.44 million), according to the statement, with Mingtiandi having identified the seller as UK private investment bank Evans Randall. Frasers will be adding the property’s 272,000 square feet (25,270 square metres) of lettable area to its existing set of six UK business parks, as the...
View DetailsBillionaire George Soros said he will commit $1 billion to start a global university to fight authoritarian governments and climate change, calling them twin challenges that threaten the survival of our civilization.The Open Society University Network will offer an international platform for teaching and research, the 89-year-old said Thursday at the World Economic Forum in Davos, Switzerland. The university will be launched through a partnership of the Soros-backed Central European University and Bard College. "As a long-term strategy, our best hope lies in access to quality education, specifically an education that reinforces the autonomy of the individual by cultivating critical...
View DetailsLocation: Ethereal Island, Eretria, Euboea, Greece Price: €9 million (US$10 million) This guitar-shaped private island in Greece caught the eye of the Beatles in 1967, when the four British musicians were yachting around the Mediterranean searching for a private piece of paradise where they might live together. "This was a very strong candidate, but the negotiations never worked out," listing agent Savvas Savvaidis said. Ethereal Island, which was known as Trinity Island when the Beatles were looking, "stands out because it is quite small and flat," Mr. Savvaidis said. "The typical Greek island is rocky and uninhabitable—this one is flat, with vegetation." There is also a...
View DetailsA decade’s worth of Prime International Residential Index (PIRI 100) data by global property consultancy firm Knight Frank revealed the Asia Pacific region as a notable leader in terms of in-demand luxury markets throughout the past decade. In 2010, Shanghai led the pack with 52 percent, followed by Beijing at 47 percent, and Hong Kong at 40.5 percent. These major cities came out strong at the start of the decade, with property values growing by over 40 percent, following the global financial crisis from a few years back. Come 2011, Shanghai still nabbed the first spot, albeit substantially lower at 21 percent. Outpacing China’s other major cities from the rankings are Asian...
View DetailsAction-film star Jason Statham and model Rosie Huntington-Whiteley have sold their beach house in Malibu for $18.5 million, records show. Located in the Malibu Colony enclave, the two-story contemporary stands out from its tight-packed neighbors with black shingles covering the exterior. Inside, 3,909 square feet of renovated interior belies the subdued facade with light hues, white oak floors and expanses of glass that bring in light and ocean views. Among living spaces are a living room with a brick fireplace, a dining area, a den and a family room. There are two kitchens including one in the guest house. Four bedrooms and four bathrooms include an expanded master suite. Sets of...
View DetailsLeverkusen with Bayern Munich, and twice went on short loans to English Premier League club Everton in 2010 and 2012. He retired as a player in 2014,the 2002 FIFA World Cup where he received the Best Young Player Award. His three goals in the 2010 World Cup made Donovan the highest-scoring male American player in World Cup history. Landon Timothy Donovan (born March 4, 1982) is an American retired professional soccer player who is currently the manager of USL Championship side San Diego Loyal SC. He holds numerous individual records in Major League Soccer (MLS) and for the United States national team and is regarded as one of the greatest U.S. men's soccer players of all time. A...
View DetailsIn the posh Westside pocket called Little Holmby, a home with presidential pedigree just surfaced for sale. The Colonial Revival-style spot was the marital home of Ronald Reagan and Jane Wyman, and it’s currently on the market for $6.75 million. The property has seen some action as of late, selling for $6.45 million two years ago, the Los Angeles Times previously reported. That’s quite an uptick compared with the $12,800 it cost it build in 1938. An up-and-coming movie star at the time, Reagan bought the house with Wyman in the 1940s. Wyman, an Oscar-winning actress, retained the property following their divorce in 1949. Architect-to-the-stars Paul Williams designed the...
View DetailsEncouraged by the affordability of the local real estate market, a property management firm told the Manila Bulletin that Japanese conglomerates and private investors have been aggressively purchasing office and residential properties in the Philippines’ major cities in bulk. Sheila Baylon, the co-founder of Japanese-Filipino real estate joint venture Property Access, said that their company generated USD80 million in sales from Japanese investors in the third quarter of 2018 until the end of 2019. Property Access also revealed their plans on expanding to other countries, but for now, they will focus on the Philippine market and on Japanese investors because of the strong...
View DetailsA carpenter and his wife have turned a derelict farm building into a £50,000-a-year holiday cottage after rebuilding the property using wood from their own farm and turning it into an eco-friendly retreat. Art technician Danielle Coates and husband Ben spent £200,000 to buy six acres of farmland, including the tumbledown outhouse on the plot. After their transformation the two-bedroom property is now worth £350,000 and the couple rent it out as a holiday let, which brings in an annual turnover of £50,000. Original stones from the demolished farm building have been incorporated into the new structure. Solar panels have been fitted to generate enough energy to...
View DetailsOn November 1st 2019, the Thai Ministry of Interior published two announcements regarding the fees for property registrations. One announcement is related to condominiums, the other announcement for land and buildings. According to the notifications, the registration fee for the transfer of ownership of a condominium, or a land and building at the Land Office will be reduced from 2% to 0.01%. The reduction only applies if the value of the condominium, or land and building, does not exceed 3 million THB. The fee for the registration of a mortgage on a condominium, or land and building at the Land Office will be reduced from 1 percent to 0.01 percent if the value of the mortgage is not...
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