Monthly Archives: January 2011

Germany overtakes UK as top spot for property investors

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Germany has become the preferred location for investment in non-listed property funds in 2011 overtaking the UK which has been the leader for the past two years, according to a report by a Dutch investment research specialist. The European Association for Investors in Non-listed Real Estate Vehicles (INREV) survey – which questioned investors, fund of funds managers and fund managers over their property investments - revealed that German retail was selected by 36% of investors as both their Read more [...]

Holocaust survivor from Singer Island listed as ‘perished’

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By Lona O'Connor Palm Beach Post Staff Writer Post a Comment E-mail Print Larger Type Small Type According to the archives of the Yad Vashem center in Israel, Ann Preis Green "perished," one name among 6 million who died at the hands of the Nazis during World War II.But Ann Preis Green, her blue eyes sparkling, is very much alive, the victim only of a record-keeping mistake."It doesn't matter to me," she said with a wry smile. "But my son doesn't like it."Howard Green, a Palm Read more [...]

Boston Celtics Listed As NBA’s Fourth Most Valuable Franchise

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The Boston Celtics are the fourth most valuable franchise in the NBA, according to a report from NBA.com and Forbes Magazine. Boston's current value is listed as $452 million. According to the report, the average franchise value grew 1% this year to $369 million. By comparison, the average franchise value was $379 million in 2009. In addition, the average operating income for the leagues' 30 teams is $6.1 million. In total, 17 of the 30 teams lost money last season. The New York Read more [...]

Filipinos listed among Oscar nominees

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MANILA, Philippines - Two artists with Filipino blood earned nods at the prestigious 83rd Academy Awards: rising actress Hailee Steinfeld and cinematographer Matthew Libatique. The 14-year-old Steinfeld, who received rave reviews for her performance in the Coen Brother’s “True Grit,” is up for a Best Supporting Actress trophy. She is nominated alongside Amy Adams and Melissa Leo (both from “The Fighter”), Helena Bonham Carter (“The King’s Speech”), and Jacki Weaver (“Animal Read more [...]

Can the Irish demesne rise again?

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The Irish Times - Thursday, January 27, 2011Lyons Estate, Co Kildare, home of the late Dr Tony Ryan, has been on the market for over a year, its price now reduced to €50 million. For sale through Christies Great Estates and Sherry FitzGerald. The agents say that they have had "qualified international interest in the property. This is quite likely a reflection of an improving international environment and one that is taking a more positive view on high quality Irish homes, and sees value there, Read more [...]

Rents set to jump this year

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Rising capital city rents outpaced inflation last year. Capital city rents are set to rise by 7 per cent this year and rose faster than inflation last year, putting additional strain on household budgets, new figures show. RP Data said rents in capital cities rose 4.2 per cent in the year to December, above the 2.7 per cent official inflation rate over the same period. Outside capital Read more [...]

Rescued House Goes On Sagaponack Market With Land Preservation Goal

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The Peconic Land Trust this week put up for sale a Sagaponack farmhouse that has been the focus of debate in the past year over historic and land preservation.The house, and the one-acre parcel it sits on, are listed at $2.5 million. If it sells the house, the Land Trust says it will use the proceeds to preserve more farmland in Sagaponack.“There have been people interested in this house from the very beginning,” Peconic Land Trust President John v.H. Halsey said of the approximately 1,900-square-foot Read more [...]

New Reliability for Real Estate Pricing Numbers?

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Chinese consumers tend to cast a wary eye on monthly real estate data produced by the country’s National Bureau of Statistics, but a new method of data collection being pioneered in one of China’s hottest real estate markets may cause them to sit up and take a closer look at the figures. The Shanghai Municipal Statistics Bureau will start to collect property data from an online registry in which home buyers key in their purchase prices, folding those numbers in with pricing Read more [...]

LH forecasts bullish 30% sales increase

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PROPERTY The listed developer Land Houses Plc (LH) plans to aggressively launch at least 18 new projects worth a combined 40 billion baht with an aim to increase sales by 25-30%, the highest in the past five years. It hopes to return its focus to profits from its core business - housing - after years of increases in its non-core businesses. LH's usual target growth is between 10% and 20% annually. Senior executive vice-president Adisorn Thananan-narapool said the profit ratios from non-core Read more [...]

Make winter a wonderland with 10 affordable activities

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Though this past Wednesday marked the beginning of the spring semester, there is nothing spring-like about the weather in Poughkeepsie. With three snowfalls so far this week, the thought of going outside is daunting to say the least. Students need not remain holed up in their dorm rooms, however; there are plenty of activities on and around campus to make the bitter climate all the more bearable. Hot Chocolate at the Crafted Kup The Crafted Kup (44 Raymond Avenue), which is within walking Read more [...]