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Posts Tagged ‘donald trump’

Trump to Fight Scottish Wind-Farm on Every Possible Front

by Overseas Property Mall on Wednesday, November 2nd, 2011 in Golf Properties, Scottish Property

Donald Trump is furious about a proposed off-shore wind-farm near his £750 million golf resort development in Menie on the Scottish Aberdeenshire coast — so much so that he has written a letter to Alex Salmond. In the letter, Trump calls the proposed 11-turbine wind-farm “disastrous and environmentally irresponsible”, one wonders if he would think it was so disastrous or environmentally irresponsible if he wasn’t about to see completion of a golf resort a mile down the beach from it.

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Trump Realty Hits Brazil…

by Overseas Property Mall on Wednesday, October 6th, 2010 in Brazil Property

golf-course-by-beach-seaside Brazil has definitely become the hottest emerging property market in Latin America, having just received what during the boom came to be known as the emerging market seal-of-approval, investment by Donald Trump and the well known Trump Organisation.

An example of this seal of approval is Panama, during the boom Panama’s construction boom was the hottest in Latin America, and the world, at which point Trump graced it with a Trump Tower, a massive multi-purpose (commercial, luxury-residential, hotel, condos, casino(s)) sky-scraper in Panama City, which we have all no-doubt heard about.

At the time resorts around the world saw construction start under the Trump Organisation halo of ultimate luxury, real-prime property, but the latest investment in Brazil (the first, we believe since the bust) is different and even more of a testament to Trump’s belief in Brazil’s potential.

Most — if not all — of his previous investments have involved a franchise, whereby other parties buy the benefits of the Trump brand, while Trump’s part in the organisation of building work, management of construction etc is minimal. But the investment in Brazil is the 50/50 (well, 50/25/25); a joint venture between the newly formed Trump Realty Brazil S/A which owns 50%, and Brazilian businessman Ricardo Bellino, who owns the other 50% along with his EGO Empreendimentos e Participações’ partners, and he will be heading Trump Brazil’s organization.

“We have a promising future in taking our brand to Brazil”, said Donald Trump Jr., emphasizing that it could not be a better date and suitable moment to announce the new partnership (the partnership was announced on September 7th, Brazilian Independence Day).

“The Brazilian market excellence is well known worldwide. The development, the construction and the architecture are among the most advanced in the planet. Brazil is evoking international investors’ attention that intends to act in all Brazilian real estate areas. In the globalization era the long term foreign capital is really welcome, especially with Brazilian companies’ partnerships”, Yazbek declares.

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Trump Towers Atlanta in Foreclosure Questions

by Overseas Property Mall on Friday, March 5th, 2010 in Atlanta Property, United States Property

trump-towers-atlanta Donald Trump is currently caught up in the foreclosure crisis sweeping America. Apparently the loan on the Trump Towers project in Atlanta is slated to be sold at a securities auction.

However, it is unclear exactly how much Trump has to do with the 48-story condo tower, at 15th and West Peachtree Streets; Atlanta-based Wood Partners, LLC and New York-based Dezer Properties Inc are also named on the paperwork.

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5 of the Most Controversial Golf Resort Developments

by Overseas Property Mall on Tuesday, February 23rd, 2010 in Golf Properties

golf-course-swing

Golf developments in sunny locations are a big-hit with the buyers, and have sold well even during the recent downturn. They generate millions in revenue for the locations in which they are built. Unfortunately developers are trying to capitalise on this fact to build golf courses on conservation areas and even on people’s homes. Obviously this is a cause of controversy. Between that and the development escapades of fallen star Tiger Woods, here are some interesting stories in the world of international golf resort development — here are just a few of them:

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International Property News Beat – UK House Prices, Trump’s Golf Resort and Dubai House Prices

by Overseas Property Mall on Monday, September 21st, 2009 in Property News Summaries

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Aberdeen Experiences Building Frenzy After Trump Announced Golf Course

by OP-Mall on Wednesday, January 14th, 2009 in Golf Properties, Scottish Property, UK Property

Aberdeenshire-countrtyside

Since Donald Trump announced his controversial golf course plans in Scotland late last year more than 700 proposed developments have been submitted to Aberdeenshire. It seems that Scottish developers are more than keen to ride the Trump wave when the construction of his golf course commences two years from now.

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International Property News Beat – Florida Bargain, Dubai Slowdown & Web 2.0 Real Estate

by Overseas Property Mall on Sunday, November 9th, 2008 in Property News Summaries

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Donald Trump To Build A Scottish Golf Resort

by OP-Mall on Tuesday, November 4th, 2008 in Golf Properties, Scottish Property

trump-international-golf-aberdeen-scotland

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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International Property News Beat – Trump in Thailand, Cooling Dubai & Russian Investors

by Overseas Property Mall on Monday, September 15th, 2008 in Property News Summaries

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Celebrities and the Credit Crunch – Ed McMahon

by Overseas Property Mall on Tuesday, August 19th, 2008 in Celebrities & Property, Overseas Property Trends

ed_mcmahon_interview.jpgAmerican comedian, game show host and former anchor man on “The Tonight Show”, Ed McMahon is currently on the verge of losing his Beverly Hills mansion due to his inability to make mortgage repayments.

Real estate magnate, Donald Trump is reportedly stepping in to buy Ed McMahon’s mansion in a bid to lease it back to McMahon to ensure he maintains his standard of lush Beverly Hills living.

According to the LA Times, Mr. Trump explained that his ‘conviction’ for helping Ed McMahon was that, “When I was at the Wharton School of Business … I’d watch him every night. How could this happen?”…. it “would be an honor” to ‘help’ McMahon

Perhaps the reason for the shrewd buy was due to McMahon slashing the price on his Beverly Hills house by $1.9 million, to $4.6 million.

Photo credits: Alan Light (Flickr)

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