Wednesday, July 30, 2014

MAZHAR MAJEED PROFILE

Mazhar Majeed provides access to luxury real estate and homes for sale Vaughan, Mississauga, Brampton, Richmondhill, Markham, Toronto, Waterloo. View our network's wide selection of luxury homes, estates, islands and more. The properties can be found in any corner of the world you wish to call home. From luxury homes in Vaughan, Mississauga, Brampton, Richmondhill, Markham, Toronto to desirable Waterloo, our network has what you are looking...

Monday, July 21, 2014

Luxury Sorrento mansion with star-studded history sells to Asian buyer for $7.22 million after four years

The mansion, located at 26 Marseille Ct, Bundall, was purchased by Melbourne transport multi-millionaire Doug Kefford for $8 million in 2009.It had been on the market almost four years before it sold last month to Guanghan Chen and Yi Zhao.Bartinon has an illustrious history having been visited by the likes of Frank Sinatra, the Rolling Stones, the King of Tonga, the Sultan of Brunei, Whitney Houston and Dr Henry Kissinger.The property features...

WESTERN CAPE RIDING THE WAVE OF REAL ESTATE BOOM

Pam Golding Properties said that many South Africans still aspire to living in "cosmopolitan" Cape Town and foreign buyers are enticed by the favourable rand exchange rate .According to the FNB Western Cape housing price index, the average price for a house in the region rose 12.5% in the second quarter year on year.An FNB survey of estate agents found that the time it took for a house in the Western Cape to sell has dropped from 13.7 weeks on average to 13.3 weeks.Agents estimate that now 81% of sellers are being asked to drop their asking price...

Sunday, July 13, 2014

Winnipeg mayoral candidates weigh in on cleaning up audit mess

In the wake of a scathing report into a number of City of Winnipeg real estate deals, CBC asked the candidates who will inherit the mess how they would deal with it should they win the election, including whether they would ask police to investigate. The EY (Ernst & Young) report, released Wednesday, found a number of policies and procedures were not followed in some of the city's real estate transactions.It reviewed numerous deals going back several years, including the acquisition of the former Canada Post building downtown,...

H&R ANNOUNCES JULY AND AUGUST DISTRIBUTIONS

H&R Real Estate Investment Trust ("H&R REIT") and H&R Finance Trust (together with H&R REIT, "H&R") today announced that the Trustees have declared distributions as follows:  Distribution/Stapled UnitAnnualizedRecord dateDistribution  date July 2014$0.11250$1.35July 17, 2014July 31, 2014 August 2014$0.11250$1.35August 15, 2014August 29, 2014About H&R REIT and H&R Finance Trust H&R REIT is Canada's largest diversified real estate investment trust with a total capitalization of approximately $12.8 billion...

Sunday, July 6, 2014

TORONTO LUXURY REAL-ESTATE DEVELOPER SUCCESSFULLY CROSSBREDS RARE TRI-HYBRID CALF — ‘CHI W ANGUS’

Many know Shane Baghai — one of the country’s most successful luxury real-estate developers — as the man behind more than 1,000 homes in the Greater Toronto Area and 3,000 high-end condo units.Less well known is his hobby: cattle breeding.At Paradise Farms in Caledon, Ont., about a 45-minute drive north of Toronto, Mr. Baghai can be found at least once a week, he says. He knows all the animals, and has been active in the farm’s day-to-day operations since he purchased it six years ago.What may be Mr. Baghai’s proudest moment as a part-time farmer...

Thursday, July 3, 2014

Middle East sets sights on UK real estate

It is estimated that investors from the Middle East will spend $180bn on commercial real estate abroad in the coming decade, and that nearly half of that will be directed at the UK.The research, conducted by CBRE, predicts that $85 will flow into the UK and a further $60bn to continental Europe: in total this will be almost five times higher than during the previous decade.Iryna Pylypchuk, a researcher at CBRE, thinks that a number of factors are driving Middle Eastern real estate investors to look towards Europe. "Culture, openness and favourable...

BRITAIN WARNS BOOM IN REAL-ESTATE PRICES THREATENS ECONOMY

LONDON—The U.K.'s two chief financial-policy makers warned Thursday in strident tones that the British fervor for real estate had swelled into a threat to the wider economy, and the government moved to enact new powers to curb mortgage lending amid a gathering boom.In twin speeches at a black-tie banquet for bankers and business leaders, Chancellor of the Exchequer George Osborne and Bank of England Gov. Mark Carney set out the danger signs of an incipient bubble: rocketing prices, lax lending and high debt.Mr. Carney called real estate "the greatest...

Wednesday, July 2, 2014

REAL ESTATE MOGUL SUES AFTER WIFE 'HAD AFFAIR WITH THEIR PLASTIC SURGEON AND SECRETLY SOLD HER $1.1MILLION DIAMOND TO PROMOTE A BOOK SHE WROTE WITH HER LOVER BEFORE REPLACING STONE WITH CUBIC ZIRCONIA'

A real estate mogul is suing his estranged wife's alleged lover after he claims the pair secretly sold a $1.1million diamond to promote a book they had written about plastic surgery. Dallas developer Lucien Crosland claimed that his former wife Mary Crosland tried to replace the diamond with a cubic zirconia after using the money to pay for the tour of her plastic surgery book which she co-wrote with Dr Rodney Rohrich. Mary Crosland, 55, who filed for divorce last month, is at the same time suing her ex for allegedly trying to extort...