Luxury sky homes sell for big bucks in Brisbane despite apartment oversupply fears

first_imgThe view from the apartment at 17E/39 Castlebar St, Kangaroo Point.There is also a media room with balcony access, a home office, a powder room and a three-vehicle garage. This penthouse at 5a/5 Kyabra St, Newstead, has sold.The apartment at 5a/5 Kyabra Street spans a huge 478 sqm, with four bedrooms and three-and-a-half bathrooms. GET THE LATEST REAL ESTATE NEWS DIRECT TO YOUR INBOX HERE An apartment in Castlebar Cove, Kangaroo Point, has just sold for $1.9m.BRISBANE’S luxury sky homes are fetching big bucks despite concerns inner-city apartments are languishing because of an oversupply.Some $15 million worth of prestige apartments have changed hands in the past month in the CBD and surrounding suburbs of Kangaroo Point, Toowong and New Farm.An industrial chic penthouse in Newstead designed by award-winning architect Justin O’Neill has just been snapped up after more than 100 inspections. The view from the “sky mansion” in the Banc development in Toowong.One of the apartments in the Banc development at 527 Coronation Drive sold for $2.3 million, while the other fetched $2.6 million. In fact, Mr Caulfield said his office had sold about $13 million worth of apartments in the development in just the past four weeks. This penthouse at 10/461 Adelaide St, Brisbane, has sold for $2m plus.More from newsParks and wildlife the new lust-haves post coronavirus19 hours agoNoosa’s best beachfront penthouse is about to hit the market19 hours agoAcross the river in Kangaroo Point, a three-bedroom, two-bathroom apartment on the ninth floor of the sought-after Castlebar Cove complex has sold for $1.9 million.Selling agent Simon Caulfield of Place – Kangaroo Point said it was the highest resale in the building for some time. An apartment in the Zahra development in New Farm has just sold for $2.594m.Across the country, there were some big apartment sales over the past week as auction activity begins to ramp up again following the Easter lull.Of the 514 apartments taken to market nationwide last week, 70 per cent sold, according to property data firm CoreLogic.But Brisbane is still getting back into the swing of things, recording a preliminary auction success rate of only 40.8 per cent last week. An apartment in the Vantage building at 98 Holman St, Kangaroo Point, has sold for $1.85m.Mr Caulfield has also sold two apartments off-the-plan in a new riverfront complex in Toowong.center_img Inside the apartment at 17E/39 Castlebar St, Kangaroo Point.Also in Kangaroo Point, a three-bedroom, three-bathroom sub-penthouse spanning 261 sqm of living space has sold for $1.85 million.The property in the Vantage complex at 118/98 Holman Street boasts near 270 degree views through floor to ceiling glass of the city, river and Story Bridge. The French oak flooring in the penthouse at 5a/5 Kyabra St, Newstead.It is one of just two residential properties in the building, which was only completed in 2015.Brandon Wortley of Ray White New Farm negotiated the sale, but the price has not been disclosed.Mr Wortley and Brett Greensill of LJ Hooker New Farm also just kicked off April with the sale of a three-level penthouse at 10/461 Adelaide Street, which attracted more than 80 inspections. The view from the apartment at 17E/39 Castlebar St, Kangaroo Point, which sold for $1.9m.Considered to be a sub-penthouse, the property at 17E/39 Castlebar Street features polished marble throughout and has been freshly painted.It offers 180 degree river views to the Story Bridge and Mowbray Reach that cannot be built out. Two apartments have just sold in the Banc development at Toowong.And in New Farm, Mr Caulfield has just finalised the sale of a three-bedroom apartment at D4/55 Oxlade Drive for $2.594 million.The property in the ‘Zahra’ development sold to a local buyer attracted to the “boutique living” aspect.Mr Caulfield said he was waiting to finalise three more contracts on inner-city apartments in the coming days.“It could be a very big fortnight in apartment sales,” he said. Mr Caulfield said most of the apartments his office had sold recently were to locals looking to downsize.“Buyers are really looking for something special and every single one of those apartments is in a boutique building,” he said.“We’re finding that in the $2 million and 3 million bracket, there are plenty of people more than happy to invest that sort of money.” The top of the penthouse at 10/461 Adelaide St, Brisbane.The apartment in ‘The Hudson’ “required a long, patient campaign” according to Mr Greensill, which was indicative of the prestige, inner Brisbane apartment market in general at the moment.The sale price has not been disclosed, but Mr Greensill said it sold for north of $2 million to a local buyer. BEST KEPT SECRET SELLS FOR $3M PLUS HOUSE RULES STARS’ LATEST RENO JOB WHERE HUNGRY BUYERS WILL MAKE NEXT MOVE last_img read more

Danica poaches joint heads of PFA’s asset management team

first_imgPoul Kobberup and Jesper Langmack, joint managing directors of the asset management arm of Denmark’s PFA, have been lured to rival Danica Pension and are due to take up their new roles there in November.Danica said the appointment of Kobberup and Langmack was part of Danica Pension’s implementation of its new investment strategy, conceived by its CFO Jacob Aarup-Andersen and approved by the Danica board in August 2014.At Danica, Kobberup will become head of rates, while Langmack will be head of risk assets.A spokesman for Danica told IPE: “The important part to Poul Kobberup and Jesper Langmack was the opportunity to become part of the new exciting investment setup Danica is in process of building up based on the new investment strategy.” Apart from this, the two men were thrilled by the opportunity to continue their partnership, he said.PFA, Denmark’s largest commercial pensions provider, is filling the management gap by putting group director Anders Damgaard in place to take over the daily management of PFA Asset Management.Damgaard will manage the asset management business alongside Henrik Henriksen and Christian Lindstrøm Lage.Danica announced last summer that it would refocus its investment process and strategy, moving towards alternatives, replacing some of its bond investments and making direct investments in companies.The rationale behind the new strategy was that, with bond yields so low and equities fully valued, the institution could find extra yield in private markets, where competition was less intense.Aarup-Andersen said at the time that Danica Pension was hiring specialists to build an in-house team.In December, Anders Svennesen – ATP’s former co-CIO – started at Danica Pension as CIO.last_img read more

O’Meara vows to take Toms’ title

first_imgSteve O’Meara has vowed to end Ryan Toms’ unbeaten record when the two West Londoners meet at Bethnal Green’s York Hall on 30 September.Toms, from Northolt, improved his record to 9-0 when he beat Pat McAleese last time out and will defend his southern area light-middleweight title against O’Meara, who has won 13 of his 15 professional fights.And O’Meara insists he will prevail in a fight that many see as effectively an eliminator for a shot at the British title currently held by Manchester’s Prince Arron.AdChoices广告O’Meara, 27, said: “I watched Ryan’s last match against McAleese. There’s some good stuff but having watched him I feel like it is my fight to lose.“He’s unbeaten and no fight against an unbeaten fighter is going to be easy, because he doesn’t know how to lose yet. Unfortunately, I’ll be the one to show him.“I’ve tasted defeat and know what it feels like. I’m not scared of losing. Hopefully on 30 September I can show I’m a few levels above southern area title standard.”Toms, 29, has looked impressiveThe fight will be chief support to the Commonwealth super-featherweight clash between Liam Walsh and Paul Appleby and is part of a debut show for Queensberry Promotions, headed by Frank Warren’s sons Francis and George. Tickets are almost sold out.O’Meara, who was born in Shepherd’s Bush and lives in West Drayton, reached the semi-finals of Prizefighter last year, losing on a split decision.Shortly before that he sparred with pound-for-pound king Floyd Mayweather – an experience O’Meara believes has stood him in good stead.“Sparring with him was unbelievable and it is something I will always remember,” he said.“It also had an affect on me mentally, sharing a ring with him. Floyd Mayweather is obviously the biggest name but I’ve sparred a lot of good fighters and I’ve always felt I’ve done well.“Whenever I’m coming up for a fight or I need that mental strength, the sparring with Mayweather, Carl Froch, James DeGale and Darren Barker – spending time in the ring with these types of fighters – makes you mentally strong.”last_img read more

Syracuse University Board of Trustees addresses NCAA report in statement

first_img Published on March 11, 2015 at 4:17 pm Contact Matt: | @matt_schneidman Facebook Twitter Google+ The entire Syracuse University Board of Trustees will meet on Tuesday to discuss a handful of issues brought up in the NCAA report, per a statement released on behalf of the Board of Trustees on Wednesday afternoon..The Athletics Committee of the board is also weighing the possibility of an appeal of one or more parts of the decision handed down by the NCAA’s Committee on Infractions. The Board’s Executive Committee and Athletics Committee have already met to discuss issues of the report that may lead to an appeal and will continue to do so, per the release.In May 2014, the board was involved in an official oversight of the athletics department for the first time because of the creation of the Athletics Committee of the board, per the release. Through the Athletics Committee, the board is weighing appropriate changes to policies and structures, among other areas.For “many months” before the board and university were permitted to comment publicly on the NCAA’s investigation, the board has been working with SU Chancellor Kent Syverud to make changes that the release said include the creation of the Board Athletics Committee and shifting oversight to the Office of Athletics Compliance to the university’s General Counsel.Following the Board’s meeting next week, the university expects to release information about additional steps being taken.AdvertisementThis is placeholder text Commentslast_img read more

Kambi secures Rank renewal with further Enracha mandate

first_img StumbleUpon Submit Simon Noy, Kambi: Revolutionising the bet builder July 20, 2020 Share Share Kambi takes full control of LeoVegas sportsbook portfolio August 26, 2020 Related Articles Kambi and DraftKings agree on final closure terms July 24, 2020 UK legacy gambling operator Rank Group Plc has expanded its existing sportsbook technology and systems arrangement with Kambi Group Plc to cover sports betting provisions for its Spanish market ‘Enracha‘ brand.Since 2016, Kambi has served as lead online sportsbook platform and software supplier for Rank’s flagship Grosvenor property, powering the relaunch of ‘Grosvenor Sport’ domain for Rank Interactive.Following a ‘successful three-year partnership’, Rank governance has renewed its Kambi agreement, which will also see the Stockholm technology group service new sportsbook software provisions for Enracha. It has previously been operated primarily as Rank Group’s Spanish lead bingo brand.Adam Joseph, Director of Digital Operations for Rank Group, said: “We’re thrilled to strengthen our working relationship with Kambi as our sports betting provider. They have been integral to the success of our sportsbook, Grosvenor Sport, since 2016.“Kambi’s strategy of empowering their operators aligns perfectly with our ambitions of providing a unique online gaming experience for our customers, and we look forward to amplifying this further as Grosvenor One, our multi-channel platform, continues to build momentum in the sports betting market.”Rank has maintained a Spanish market presence since 1994, operating its Enracha Bingo Clubs and online casino services.In 2018, Rank governance outlined its commitment to establishing a ‘digital footprint’ within the Spanish market, acquiring ‘top 2’ online bingo operator for €21 million.Max Meltzer – Kambi PlcCommenting on developments, Max Meltzer, Kambi Chief Commercial Officer, said: “It gives me great pleasure to confirm a new long-term deal with Rank Group, one of the leading and most respected operators in the gaming and sports betting industry.“In the space of three years, Grosvenor has developed into a recognised sports betting brand and we are confident this successful partnership will springboard Grosvenor to its next level of growth and also help Enracha achieve similar recognition in Spain.”last_img read more

Sunrise Animal Sanctuary Raises Awareness of Animal Abuse Rescuing Horse

first_imgAddThis Sharing ButtonsShare to FacebookFacebookShare to TwitterTwitterShare to MoreAddThisOne Northeast Michigan organization is bringing awareness to the area about animals that have been mistreated. Sunrise Animal Sanctuary is doing so by saving the lives of horses.Kill pens, how many can say they’ve heard of that term? For one local couple, Jason and Jess Beatty they didn’t even know what it was until they rescued their horse, Spartan.Jessica’s husband said he found out more by accident. Spartan suffered abuse for over three weeks inside of quarantine from Louisiana.So far the Beatty’s have rescued over 27 horses. Taking care of these animals comes with more than the price of love.If you would like to help out the organization log on to and Spartan’s journey to recovery on Sunrise Animal Sanctuary’s Facebook page.Graphic Images:AddThis Sharing ButtonsShare to FacebookFacebookShare to TwitterTwitterShare to MoreAddThisContinue ReadingPrevious All Saints Catholic School Holds ‘Donuts With Dad’ Celebrating Catholic Schools WeekNext Alpena man released after raping two girlslast_img read more

Oscar Pistorius murder charge sought by South Africa prosecutors

first_imgSouth African prosecutors have started an appeal hearing on whether athlete Oscar Pistorius should be convicted of murder instead of culpable homicide.The Paralympian was released from prison last month after serving one year of his five-year term for killing his girlfriend Reeva Steenkamp.Pistorius, 28, shot her through a locked bathroom door in 2013 but insists he thought she was an intruder.He could be sent back to jail if appeal judges overturn the original verdict.Pistorius is currently under house arrest, and is not attending the hearing at South Africa’s Supreme Court of Appeal in Bloemfontein.The proceedings are being broadcast live on television. State prosecutor Gerrie Nel has been outlining the state’s case for the verdict to be changed to murder from culpable homicide or manslaughter.It is not the facts that five appeal court judges will have to consider but the application of the law, in what is expected to be a highly technical case, the BBC’s Karen Allen in Bloemfontein reports.The prosecution says that Judge Thokozile Masipa incorrectly applied the law of murder – or dolus eventualis – and argues that Oscar Pistorius should have foreseen the result of his actions, namely that shooting four times through a closed bathroom door would result in a person’s death, our correspondent says.The athlete said he believed there was an intruder in the house and thought his girlfriend was in the bedroom.The prosecution will argue that who was behind the bathroom door is irrelevant, and Pistorius’s intent was to kill, our correspondent adds. Pistorius was found guilty of culpable homicide, or manslaughter, of his 29-year-old girlfriend at a trial in October last year.Ms Steenkamp’s relatives have said they think Pistorius is “getting off lightly”.The double amputee was released from prison on 19 October. Under South African law, he was eligible for release under “correctional supervision” having served a sixth of his sentence.His family said he would “strictly” adhere to his parole conditions at his uncle’s upmarket home in Pretoria.Pistorius competed in the 400 metres at the London 2012 Olympics, wearing carbon-fibre blades to run against able-bodied athletes. Follow live updates herelast_img read more

Respiratory illness worsens for Lakers’ Pau Gasol

first_img“We try to win every game we play,” Lakers guard Jordan Farmar said. “We don’t ever go out there attempting to lose or saying we can let this one go tonight. So, that’s the goal. Every time we step on the floor, play to win and the standings, the stats and everything else will just reflect whatever happens.”Increased roleRookie forward Ryan Kelly experienced a “welcome to the NBA” moment when he squared up against LeBron James on Christmas, only for the Heat star to beat him easily to the basket.“It was a pretty easy challenge for him,” Kelly said. “I have to make it a little tougher.”But after appearing in three consecutive games, Kelly earned a positive review for his 50 percent shooting, floor spacing and hustle.“He knows how to play defensively and offensively,” D’Antoni said. “Defensively, he’s the first one to get to the right spot. I think going forward he can keep earning more time.”The Lakers drafted Kelly with the 48th pick this year and signed him to a non-guaranteed contract. Kelly’s deal becomes guaranteed should he stay on the roster after Jan. 10.“I put myself in a position for (D’Antoni) to call my name,” Kelly said. “Now I have to go out there and make him trust me to keep me out there.”Mea culpaD’Antoni has continued his efforts to apologize in a self-deprecating manner for his recent comments that fans discouraged with the Lakers’ play should root for another team.When asked what he received for Christmas, D’Antoni said, “I didn’t get anything yesterday. For opening my mouth, I got a lump of coal. But I’m from West Virgina, so that’s a good thing.” With a frustrated look on his face, Lakers forward Pau Gasol stood outside of the team’s practice facility Tuesday talking on his cell phone and trying to process the latest setback of a disappointing season.After a visit to an ear, nose and throat doctor showed his respiratory illness has gotten worse, Gasol is expected to sit out when the Lakers (13-16) play Friday against the Utah Jazz (8-23) at EnergySolutions Arena. The Lakers are listing Gasol’s recovery timetable as day-to-day to leave open the chance he could play against Utah should he heal. But Gasol sat out of Thursday’s practice and didn’t travel with the team on its flight Tuesday to Salt Lake City. Gasol didn’t speak with reporters, but he has admitted the respiratory issues that caused him to miss last week’s game against Golden State negatively affected his energy level, breathing and aggressiveness. Possible candidates to replace Gasol in the starting lineup include Jordan Hill, Chris Kaman or even rookie Ryan Kelly. Kaman started in Gasol’s place when he sat out of the Lakers’ loss to Golden State. Building groundEven if the Lakers gush about their positive attitude and strong work ethic, they can’t ignore reality. The Lakers remain 12th in the Western Conference, 3 1/2 games behind the Golden State Warriors for the eighth seed in the playoffs.“We have to start getting back to .500 real quick,” head coach Mike D’Antoni said.“I didn’t say we can,” he added, joking. “I said we have to.”Even with long-term injuries to Kobe Bryant (fractured left knee), Steve Nash (nerve issues in back) and Steve Blake (hyper-extended right elbow), the Lakers have a good chance to do that. Their next four games are against opponents with a combined 30-88 record, beginning with a road game today against Utah and a homestand against Philadelphia (Sunday), Milwaukee (Tuesday) and Utah (Jan. 3).center_img Newsroom GuidelinesNews TipsContact UsReport an Errorlast_img read more

Former running back Thomas Jones blasts ‘dumbass’ players who didn’t vote on NFL CBA

first_imgThomas Jones still hits hard. Just on Twitter, not the field.The new NFL CBA was passed on Sunday by a slim, slim margin of 60 votes (1019 to 959). Ravens defensive back Marlon Humphrey pointed out that there were roughly 500 players who didn’t vote on the new CBA. Jones has something of a point here, even if it is a bit harsh: Voting for the new CBA was publicly contentious, as several big-name players took to social media, urging players to vote no on the proposal. Aaron Rodgers, J.J. Watt, Russell Wilson, Maurkice Pouncey and others have voiced displeasure over the proposal prior to its passing.So, for roughly 20 percent of players to not band together for the cause is pretty damning, especially when the league’s veterans and most public opposition to the deal made it a point to get out there and vote one way or the other.Well, in any case, the voting has passed, the CBA is in place and there’s another decade of labor peace in football coming — even if it’s going to teach players a lesson at a later time. This caught the eye of Jones, who played for the Bears, Jets and Chiefs; he tore into players who didn’t cast a vote on Sunday.If you’re one of the 500 NFL player dumbasses too sorry & uninformed about your own damn livelihood to vote on the new CBA you should be slapped repeatedly…..— Thomas Q. Jones (@thomasqjones) March 15, 2020MORE: How will 17-game schedule affect NFL record book?”If you’re one of the 500 NFL player dumbasses too sorry & uninformed about your own damn livelihood to vote on the new CBA you should be slapped repeatedly…..” the Tweet reads. (The five periods really hammer the point home. Also, credit to Jones for taking the time to find the ampersand on the keyboard).last_img read more

England Golf Buying Group Reaches Major Milestone

first_img The England Golf Buying Group has announced that it has extended its partnership with the purchasing alliance Golf Management Group (GMG).The extension was agreed at the end of a successful first full year working together during which the 200-plus clubs which signed up to the England Golf Buying Group made combined savings over £500,000, particularly in the costs of gas and electricity, food and waste disposal.During that period, the clubs involved in the Buying Group amassed over 56 million units of energy, which equates to nearly £6 million of electricity and gas, something which provides considerable leverage when negotiating prices for member clubs.“We are delighted by the way clubs have embraced this opportunity to make savings and benefits for their businesses and believe many more will join us when other clubs learn how successful it has been,” said Iain Lancaster, England Golf Club Support Manager.The partnership between England Golf and GMG began in 2017, offering clubs free membership for a year. By joining, clubs could get significant discounts as a result of using collective purchasing power. Golf Management Group’s experts look at a club’s expenditure and report back on potential savings in key areas such as energy, waste and food and beverage. In addition, clubs can also gain access to GMG’s “Contracts Manager”, a simple, secure online tool which helps keep track of the day-to-day service and utility contracts. With Contracts Manager in place, no club will miss an end date and run into expensive extended terms.The Royal St George’s Golf Club in Kent is just one of the English clubs to have benefited from the service provided by the England Golf Buying Group.The Open venue has made significant savings on its insurance as well as other economies on waste disposal and energy supply.“I took some convincing of the potential benefits, but it’s been very good and all done very efficiently,” said Club Secretary, Tim Checketts. “It saves us time and effort shopping around and they have some useful management tools which alert us to contract renewal times.”Bedford and County Golf Club is another big beneficiary.The club has cut the cost of its hygiene services by 25% and also made savings on waste disposal. It is also currently discussing brewery options. General Manager Steve Vinnicombe said: “We have made savings and it has been of benefit to the club. They have made it all very easy for us, it’s been a simple and smooth process.”GMG director Scott Partington believes the key to the success of the partnership is collaboration, both on the part of GMG and England Golf and on the part of the clubs.He said: “Our two organisations are working hard to ensure clubs are aware of the benefits, and the clubs are seeing that utilising this service to pool their resources ensures savings are sustained year on year.”Since becoming an England Golf Preferred Partner, GMG has gone on to partner Wales Golf and Scottish Golf to extend their support for their clubs.Clubs wishing to be part of the England Golf buying group should visit Golf’s affiliated clubs can access the network of Club Support Partners. A full list of partners can be found here – 23 Sep 2019 England Golf Buying Group Reaches Major Milestone Tags: Club Support, Golf Management Group, Preferred Partnerslast_img read more