Property Type

George Soros Billionaire investor George Soros is not confident about the US commercial real estate market according to a recent speech at a Washington forum. He stated “Commercial real estate has not yet fallen in value, it is inevitable, it is written, everybody knows it, there are already some transactions which reflect and anticipate it, so we know, they will drop at least 30 percent.”

Since 2007 the US commercial real estate market has already suffered tremendously, seeing values fall by 30 percent. Deutsche Bank also voiced their concerns about the sector when they stated that total returns in a commercial property index used by pension funds may decline as much as 11 percent in 2009.

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More and more winter sport tourists decide to invest their money in a ski property. It makes sense to stay in your own second home when you are away from home as you can indulge in your own space. On the other hand, ski rentals provide an excellent way to earn some extra income through rentals.

The best options are those that allow for turnkey and maintenance-free upkeep of the property. This is best done with one of the three most popular type of ski properties covered later in this article.

Jaz Hotels & Resorts, the Hospitality Arm of Travco Group, Introduces Yet Another Gem to its Red Sea Resort Madinat Makadi

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On November 6th 2008, Jaz Makadi Golf Hotel welcomed its first guests – celebrity stars Melanie Brown and husband Stephan Belafonte – along with their families and friends, as they renewed their wedding vows in a dazzling ceremony that took place in a 4-day wedding event hosted by Travco.

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So you went to Verbier, Switzerland on your last skiing trip and fell in love with the place. So much so that you are keen to buy your very own Swiss style chalet and ski home. If that is you, then welcome to the wonderful dreamland that is called Verbier. You are certainly not alone with your intentions as every year thousands of skiers and snow enthusiasts come to Verbier to spend some of their holidays. Once it is time to leave, many struggle to say goodbye to this popular spot in the Swiss alps.
If you are keen on acquiring your own Verbier chalet, then you will find our guide helpful.

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After being rejected to build his proposed £1 billion golf and housing resort in north east Scotland by the Aberdeenshire council’s infrastructure committee last year, Donald Trump has finally gotten approval for his project thanks to government intervention.

The 1,400-acre resort on the Menie Estate at Balmedie in Aberdeenshire, has enraged environmentalists because it is feared to damage precious sand dunes and bird life. Proposed are two 18-hole golf courses, a 450 room hotel with a conference center, a spa and 500 homes.

When the development was announced initially last year it sparked a lot of controversy because of the environmental issues. However, despite the opposition from the “greens” Trump has the full support of local businesses and politicians who deem the resort vital to the economy.

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Quit worrying about the global credit crisis or how the end of the world is nigh. Instead imagine you are far and away from the hustle and bustle in the world at the moment and make a smooth getaway to your own private island. Now that you are at ease, choose any one of these ten private islands to buy, rent, drool on or live in….

Guy-Ritchie-and-Madonna

Madonna and Guy Ritchie’s divorce continues to make headlines as the estimated wealth of the couple is in the hundreds of million pounds. In the seven years of their marriage they have amassed a nice property portfolio in both of their names, however, it will be interesting to see whether Guy will squeeze Madge for some of her pre-wedding fortune, estimated at over £300 million by The Sunday Times.

Madonna and Guy Ritchie’s Property Portfolio

The couple own:

  • The Punchbowl pub in the swanky London Mayfair suburb which they bought for £2.5 million.
  • A £6 million Mews property which is situated directly adjacent to their Marylebone home. It houses the couple’s staff.