ျပည္ပအိမ္ၿခံေျမသတင္းမ်ား

Investors pay over $1 million for California ghost town with a dark past

 Foreign Property News | Posted by Shwe Zin Win
Investors pay over $1 million for California ghost town with a dark past

The last time that the mining town of Cerro Gordo near Lone Pine, California, was bustling was the 1870s. That could be about to change. A group of Los Angeles investors beat out a dozen other interested bidders to purchase the town for $1.4 million. Of note is that this 300 acres of land and 22 structures sold for less money than most single-family homes in the San Francisco area. It is about 400 miles southeast of San Francisco and 200 miles north of Los Angeles. And of even greater relevance, this ghost town sold on Friday, July 13th. Cerro Gordo was once a thriving silver mining town with its proximity to the Inyo Mountains. Its elevation is 8,500 feet, meaning some visitors...

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Vincent van Gogh’s Former London Home

 Foreign Property News | Posted by Aye Myat Thu
Vincent van Gogh’s Former London Home

The Dutch painter Vincent van Gogh is remembered as one of Europe’s most famous and influential artists, but his life, personality, and mental illness have attracted almost as much public attention as his works. His suicide at the age of just 37, following a prolonged period of depression, cemented his reputation as the quintessential tortured artist — a genius misunderstood in his own lifetime. However, a new discovery at Van Gogh’s former London home may shed light on the early life of this noted painter. According to The Guardian, a cache of hidden papers believing to date from Van Gogh’s occupation of the house has been found under the floorboards during...

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‘American Idol’ creator Simon Fuller sells Bel-Air estate for $28 million

 Foreign Property News | Posted by Shwe Zin Win
‘American Idol’ creator Simon Fuller sells Bel-Air estate for $28 million

“American Idol” creator Simon Fuller is finally moving on from his Bel-Air estate. The Georgian-style manor, which boasts architectural pedigree and a string of notable owners, just sold for $28 million. It took Fuller more than a year to unload the mansion. He sought $35 million at the beginning of 2019 and trimmed the price to $32.5 million in October, according to the Multiple Listing Service. The veteran music manager still came out on top in the deal; records show he paid $24 million for the property in 2014. In the ’90s, it was owned by “Full House” actress Lori Laughlin and her husband, fashion designer Mossimo Giannulli, who are currently awaiting...

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အမေရိကန်ထိပ်တန်းအင်ဂျင်နီယာလုပ်ငန်းဝန်ဆောင်မှုကုမ္ပဏီ Maser ကို Colliers International ဝယ်ယူ

 Foreign Property News | Posted by Aye Myat Thu
အမေရိကန်ထိပ်တန်းအင်ဂျင်နီယာလုပ်ငန်းဝန်ဆောင်မှုကုမ္ပဏီ Maser ကို Colliers International ဝယ်ယူ

TORONTO and RED BANK, N.J., March 09, 2020 (GLOBE NEWSWIRE) -- Leading global commercial real estate services and investment management firm Colliers International (NASDAQ and TSX: CIGI) today announced it has entered into an agreement to acquire a controlling interest in Maser Consulting P.A. (“Maser”), one of the leading multi-discipline engineering design and consulting firms in the U.S. Maser’s senior leadership will remain significant shareholders of the business under Colliers’ unique partnership model. The transaction is subject to customary closing conditions and is expected to close in the second quarter of 2020. The business will be rebranded as...

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Ritz hotel for sale if you’ve got a spare £1,000,000,000

 Foreign Property News | Posted by Hnin Ei Khin
Ritz hotel for sale if you’ve got a spare £1,000,000,000

The billionaire co-owner of the 114-year-old Ritz hotel says he will consider selling it – but not for less than £1 billion. Sir Frederick Barclay, 85, bought the London landmark hotel with his twin brother Sir David in 1995. Last week, a court heard details about disputes within the family over the direction of the Barclays’ business empire. Sir Frederick claims he was secretly recorded at the hotel for several months after his nephew bugged the conservatory. Today, he said any move to sell the establishment for ‘below the proper value would give rise to further litigation’. Several media reports suggested bids were at around £700 million for the...

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China's Guangdong Passes Emergency Law Allowing Seizure of Private Property, Goods

 Foreign Property News | Posted by Si Thu Aung
China's Guangdong Passes Emergency Law Allowing Seizure of Private Property, Goods

The widespread requisitioning of private property by the Chinese government for use as isolation facilities in the coronavirus epidemic has sparked fears that officials will abuse their powers, as the number of confirmed cases topped 45,000. Authorities in the southern Chinese province of Guangdong recently passed emergency legislation authorizing local governments to requisition privately owned property, transportation, equipment and other goods to fight the epidemic of COVID-19, as the virus has been named by the World Health Organization (WHO). Local commentators say there are concerns that the move will pave the way for officially sanctioned looting of private property amid the chaos...

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Victor Lustig- the con man who sold the Eiffel Tower twice

 Foreign Property News | Posted by Hnin Ei Khin
Victor Lustig- the con man who sold the Eiffel Tower twice

The year was 1925 and Victor Lustig was sitting in a hotel room in Paris, sipping his morning coffee while reading a depressing newspaper article about the Eiffel Tower. It seemed that the metallic structure was rusting and in need of expensive repairs and maintenance, but the government couldn’t afford money for its upkeep. The reporter’s article ended with the suggestion of selling the tower as a reasonable option. Victor’s eyes lit up. He would sell it! Of course, the Eiffel Tower didn’t belong to him, but considering the fact that you’re reading about one of the world’s greatest con-men, real estate authorization was, in this case, just a minor...

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Two Singapore property developers among the global 100 list of sustainable companies

 Foreign Property News | Posted by Si Thu Aung
Two Singapore property developers among the global 100 list of sustainable companies

Albeit dropping from the 25th and 33rd spot last year, Singapore property developers City Developments (CDL) and CapitaLand still managed to take the 36th and 63rd spot respectively on the 16th annual list of 100 most sustainable large corporations across the globe, according to The Straits Times. The Global 100 ranking rates big companies anywhere in the world based on metrics, such as reduction in carbon and waste, clean revenue, board gender diversity, and CEO-to-average-worker-pay ratio. Toronto-based sustainable-business magazine and research company Corporate Knights compiled this year’s ranking. For each company’s total score, 50 percent were based on the clean revenue...

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Kuala Lumpur’s luxury residential market to recover in 2020

 Foreign Property News | Posted by Aye Myat Thu
Kuala Lumpur’s luxury residential market to recover in 2020

        In their in-depth report titled Real Estate Highlights 2nd Half of 2019, Knight Frank Malaysia revealed that the stream of projects launched in the past six months of 2019 has helped the luxury residential property market in Kuala Lumpur bounce back. Among the notable developments that will help the property market recover were the Four Seasons Place Kuala Lumpur by Venus Assets Sdn. Bhd. and the TRIA Seputeh in 9 Seputeh, Kuala Lumpur by MRCB Land who respectively took home the award for the Best Ultra Luxury Condo/Apartment Development and the Best High End Condo/Apartment Development (Klang Valley) at The PropertyGuru Asia Property Awards (Malaysia)...

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Skeleton Lake of Roopkund, India

 Foreign Property News | Posted by Aye Myat Thu
Skeleton Lake of Roopkund, India

In 1942 a British forest guard in Roopkund, India made an alarming discovery. Some 16,000 feet above sea level, at the bottom of a small valley, was a frozen lake absolutely full of skeletons. That summer, the ice melting revealed even more skeletal remains, floating in the water and lying haphazardly around the lake’s edges. Something horrible had happened here. The immediate assumption (it being war time) was that these were the remains of Japanese soldiers who had died of exposure while sneaking through India. The British government, terrified of a Japanese land invasion, sent a team of investigators to determine if this was true. However upon examination they realized these...

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