RealEstate
They say that one of life’s never-ending quests is the search for good real estate, and that certainly seems true of investors. Having a stake in an appreciating, high-value property can round out your investing portfolio in ways that trendier, noisier stocks like big tech cannot, for all their volatility. A good real estate investment is like a building itself – sturdy and secure, growing over time. Here are the top performing five real estate stocks to consider in May 2024, in our opinion: UMH Properties (UMH)Grainger PLCSobha LtdCushman & WakefieldGodrej Properties Ltd1. UMH Properties UMH ...
Invezz
The last remaining privately owned land on the Svalbard Archipelago in Norway, "with significant environmental, scientific and economic importance" is on sale, for €300 million. "This is a once-in-a-lifetime opportunity to acquire land on one of the world-famous Svalbard islands," said Will Matthews, Head of Farms & Estates at Knight Frank to Euronews Business. Global real estate consultancy Knight Frank, which is marketing the Company holding 100% of the land, said that it is a "unique environmental, philanthropic and conservation opportunity." The land has a strategic location and is of geop...
Euronews (English)
The former San Francisco home of a punk rock stalwart has landed on the market with an asking price just shy of $10 million. The five-bedroom home formerly owned by Fat Mike Burkett of NOFX is up for sale for $9.2 million. While Burkett isn’t the property’s most recent owner, his design choices have remained through the years. SFGate noted “explosions of blue” throughout the home along with other colorful flooring and paint choices. One of the photos with the listing shows a small glimpse of a bathroom decorated in posters from old punk shows. The same bathroom was featured in a scene from NOF...
Loudwire
Lisa Marie Presley sure lived the good life in her luxurious California home. The daughter of Elvis Presley owned a lavish mansion in Calabasas, and pictures show a mix of upscale and cozy. Presley purchased her 5-bedroom, 3-bathroom, 3,582-square-foot home in Calabasas for $1.8 million in March of 2020, according to property records. Highlights of the Mediterranean-style residence include a cozy living room with a fireplace, built-in bookshelves and glass doors that step directly in the backyard. There’s also an eat-in kitchen with a cooktop island, double ovens and a pantry, as well as a for...
PopCrush
A large chunk of the world's wealth today is locked in illiquid assets, therefore they are typically traded at a discount. According to a recent study by the Boston Consulting Group, "tokenisation" - using cryptocurrencies and blockchain technology promise to turn illiquid assets such properties into capital flows - and this market is expected to grow to $16 trillion (€14.85 trillion) by 2030. Although the use of these new digital tools has yet to be widely regulated in the US, new laws in Europe are set to take effect from 2025 which may lead to investors reconsidering the idea of tokenising ...
Euronews (English)
Medical Properties Trust (NYSE: MPW) stock price will be in the spotlight on Monday as its biggest tenant comes on the verge of collapse. The move, if confirmed, will disrupt the recent recovery of MPW stock as it jumped from $2.83 to $4.87. Steward Health Care to file for bankruptcyMedical Properties Trust, the biggest owner of hospital real estate in the United States, will be in focus on Monday. In a report on Sunday, the Wall Street Journal said that Steward Health Care was nearing filing for bankruptcy, as I predicted here. This is a major event since it will be the biggest hospital bankr...
Invezz
Matthew Perry’s empty mansion he bought three months before his death is on sale for $5 million. The Friends actor, who died at 54 on Oct. 28, 2023, after being found unresponsive in a hot tub at his home in Los Angeles, bought the home in L.A. but never got to enjoy the luxury property. DailyMail.com reports the Hollywood Hills pad located at 1479 Rising Glen Road boasts three bedrooms and four bathrooms over a massive 2,566 square feet, on a 9,622-square-foot lot. Matthew is said to have closed the sale for $4,995,000 for the fully-furnished house on May 31 last year. The Mail reports: “The ...
PopCrush
Lisa Marie Presley‘s daughter, actor Riley Keough, is selling her historic cottage in Los Angeles, and pictures show a home that’s both charming and luxurious. The 34-year-old star of Daisy Jones & the Six has listed her 2-bedroom, 2-bathroom, 1,191-square-foot cottage in Atwater Village for just under $1.6 million, and while the residence is considerably smaller than the typical staggering celebrity home, it offers every amenity. The house sits on a 4,797-squre-foot lot behind hedges that ensure privacy. The private entry leads to a stone courtyard that “exudes the timeless elegance of 1920s ...
PopCrush
The former holiday home of Osama bin Laden's brother is being torn down on its Central Florida site 23 years after the family fled because of the 9/11 terror attacks. The Oakland property was purchased by Khalil bin Laden just over four decades ago for $1.6 million as a wedding gift to his wife. He was residing at the mansion with his partner and son when Al-Qaeda attacked the World Trade Center in New York City. Due to fear for their safety, Khalil and his family were airlifted out of the Florida home. From here, they departed the United States on a private jet with a police escort and headed...
IBTimes
The childhood home, a place of profound significance in the journey of sporting icons Serena and Venus Williams, where they honed their tennis skills, is now set to be placed on the market. The property in Palm Beach, South Florida, is undergoing a legal process of seizure. This is being done so the Williams sisters' estranged stepmother can use the proceeds from the sale to pay off her debts. Lakeisha Williams, the third wife of Richard Williams until their separation in 2017, is now grappling with a staggering $600,000 debt due to the failure of a trucking business. She moved into the Willia...
IBTimes
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