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Archive for the ‘Green Property’ Category

The Empire State Building Making Strides to be Greener

by Overseas Property Mall on Friday, October 29th, 2010 in Green Property

Empire-State-Building-New-York-Landscape

The Empire State Building, a truly magnificent piece of historical American real estate development is set to drag the great city of New York into a greener 21st Century, courtesy of the Clinton Climate Initiative and its owners (for allowing the CCI to work its magic) including Anthony Malkin, President of Malkin Holdings and part-owner of the Empire State Building.

The Empire State Building and other buildings like it (decades old sky scrapers) have been recognised as the gas gusslers of the real estate world. Buildings account for some 80% of New York energy consumption, and 20% of the buildings consume 80% of that. This means that 20% of New York’s buildings are responsible for 64% of the city’s energy consumption.

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X/O Condominiums – Awarding Winning Mega Condo Development in South Loop, Chicago

by OP-Mall on Thursday, September 4th, 2008 in Chicago, Condominiums, Green Property, International Properties for Sale | Real Estate Listings, Luxury Property

XO_Condominiums_Towers_Chicago_South_Loop

X/O Condominiums is a two tower, super high-rise, with one tower 40 stories and the other 35. In total, X/O boats 487-units beautifully designed by architect Lucien Lagrange.

Scheduled to be completed in 2009, X/O was named, “Best New High Rise” this Spring by New Homes magazine. The award was based on price, amenities (state-of-the-art fitness center, pool and spa w/ outdoor misting park, movie screening room, and more!) and naturally, the design.

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Marina Bay – Prime Seafront Residences on the Al Reem Island in Abu Dhabi

by OP-Mall on Monday, August 18th, 2008 in Abu Dhabi Property, Al Reem Island, Green Property, International Properties for Sale | Real Estate Listings, Luxury Property, Marina Property, UAE Property, Waterfront Property

marina_bay1.JPG

Marina Bay Abu Dhabi Overview

Marina Bay is a stunning 25 storey residential tower with retail and prime commercial space. Aesthetically mastered by renowned international architects, Marina Bay offers green luxury living with maximized water efficiency, eco friendly equipment that is optimized for green energy and intelligent integrated building management systems.

Marina Bay Najmat Abu Dhabi is everything a savvy investor would look for in a city that has been named the number one city in the Arab world by the Economist Group.

Abu Dhabi is the richest of the seven Emirates in the United Arab Emirates. It’s demographic profile is outstanding, with the average net worth of its 420,000 citizens toying around £8.75m per person. Abu Dhabi has the biggest fossil fuel reserve in the Middle East and is the fourth largest natural gas producer in the world.

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Masdar City – Abu Dhabi’s $22bn Carbon Neutral City

by Overseas Property Mall on Monday, February 18th, 2008 in Abu Dhabi Property, Green Property, UAE Property

Masdar City, Abu Dhabi’s Carbon Neutral City

British Architect, Lord Norman Foster, along with Masdar, a UAE energy initiative, unveiled plans for a carbon-neutral city in the desert of Abu Dhabi last week. Foster & Partners architects will design the car-free city which will eventually house 50,000 people.

Masdar’s research institute, which was founded in partnership with the Massachusetts Institute of Technology, will be located in the 6.5 sq km development and aims to turn the city into an alternative energy cluster for 1,500 businesses.

Sultan al-Jaber, Masdar’s chief executive, said “Masdar City will become the world’s hub for future energy – By taking sustainable development and living to a new level, it will lead the world in understanding how all future cities should be built.”

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Calculating the Carbon Footprint of Your Second Home Abroad

by Overseas Property Mall on Thursday, September 13th, 2007 in Green Property, Overseas Property Trends, Travel

Carbon Footprint

A brief visit to the BP carbon footprint calculator gives our household a carbon footprint of about 7 (tonnes of CO2) compared to a national average of 9.85. We’re weak on energy saving improvements to the home but relatively strong when it comes car use. Those figures are without any foreign travel factored in. Add in three short haul flights a year to my putative second home and that footprint rises by about 0.5 of a tonne. Change that to an equally imaginary investment in Florida or the Caribbean and the total increases by 3.30 tonnes and that’s before you’ve done anything to air-condition your premises.

Despite all the talk, warnings about energy waste leading to environmental disaster are not going to make all the difference to people’s foreign travel habits, even though, second home ownership in Cyprus, for example, brings an average increase in one’s carbon footprint of 4.32 tonnes in its train. However, the likelihood that environmental awareness coupled to other factors such as security concerns, hassles with overseas property and increases in the expense of flying will bring about a change in sentiment is something that every property investor needs to be aware of.

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