Belgrade real estate – Apartman Beograd http://apartman-beograd.com/ Tue, 04 Jan 2022 18:34:46 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 https://apartman-beograd.com/wp-content/uploads/2021/06/cropped-icon-32x32.png Belgrade real estate – Apartman Beograd http://apartman-beograd.com/ 32 32 JULIUS MEINL LIVING LAUNCHES THE “JULIUS” BRAND AND UPDATES ITS PROPERTIES https://apartman-beograd.com/julius-meinl-living-launches-the-julius-brand-and-updates-its-properties/ Tue, 04 Jan 2022 12:35:02 +0000 https://apartman-beograd.com/julius-meinl-living-launches-the-julius-brand-and-updates-its-properties/

Julius Meinl Living PLC, through its group companies, acquires prime real estate assets to be developed into serviced residences which the group will then operate itself (“Julius Meinl Living”).

2021 continued to provide a challenging environment for the hospitality industry. While Covid-related travel restrictions have been relaxed throughout the year, frequent regulatory changes and the possibility of further lockdowns in the last quarter of the year have left their mark on demand for travel services. In this context, Julius Meinl Living has moved forward to define its market place and deploy a product perfectly suited to the current state of the hospitality sector.

A brand full of tradition with a contemporary look and feel

After careful consideration and consumer testing, Julius Meinl Living recently unveiled its branding strategy. The flagship properties will be known as “The Julius”; an obvious choice in a way, but which was only taken after having assessed the expectations of consumers and associations and integrated it into an overall brand development plan.

“The Julius” builds on the Julius Meinl family’s 160 years of activity as pioneers in consumer goods and retail and the creators of the Viennese large food store Julius Meinl am Graben. “Le Julius” builds on the legacy of service, quality and innovation resulting from this activity and marks the family’s first entry into the world of travel and hospitality.

“The Julius” balances luxury and modern design with warmth, comfort and convenience. Evoking the timeless standard and spirit of European hospitality through a modern mindset, ‘The Julius’ offers a place to relax, explore, work and treat yourself like home in the city.

Representing new generation hospitality focused on design, “The Julius” offers short and long term stays in generously sized residences. Recognizing the importance of flexibility for the modern traveler, ‘The Julius’ offers technological services, automatic check-in and contactless entry to rooms, as well as on-site shops and restaurants, stocked with premium House products. of Julius Meinl. Spacious common areas, chill out lounges, and professional coworking spaces allow clients to network, meet like-minded people, or just unplug.

Whether you’re staying for a night, a month, or more, guests will experience the freedom of apartment living, with hassle-free access, easy-to-use technology, and flexible amenities. Each booking is tailored to the customer’s needs and preferences, offering options such as an individual address for deliveries and step-by-step guides to help navigate the city as a local.

In each city where “The Julius” opens, it will retain these same essential elements, while reflecting in its design the tone, history and ambiance of each city.

Opening of Prague – Opening of the world

Julius Meinl Living’s first flagship property is located at Senovazne Namesti 3 in the heart of Prague. The property is known as ‘The Julius Prague’ and occupies a redesigned art deco building designed by leading Italian architects Matteo Thun & Partners. A central, light-flooded veranda sits at the heart of the building and guides guests to 168 individual residences, with separate living and sleeping areas, and many of them feature open-plan kitchens. The residences, common areas and restaurants offer soft furnishings and an autumnal color palette, inspired by the works of famous Czech artist Alphonse Mucha. World-class amenities are combined with stylish yet warm elements such as oak floors, soft linen linens, and contemporary bathrooms.

The Julius Prague enters service with a smooth opening, with a “grand opening” scheduled for spring 2022.

Further information on Julius Prague is available at www.the Julius.eu, where reservations are pending.

Good start in Budapest

The acquisition of the property from Julius Meinl Living in Budapest was completed in August 2021. Since then the property has benefited from a pickup in demand, linked to the lifting of local foreclosure restrictions, but also active marketing and Julius Meinl Living’s refined pricing strategy. The property is now trading up to 2019 levels on a still profitable basis.

The property is currently known as “Escala Hotel & Suites”. Occupying a lower price and having a less central location than “The Julius” properties, l’Escala will not be renamed “The Julius”. Instead, Julius Meinl Living has initiated the evaluation of alternative brands and a mid-range concept that will allow the property to be featured alongside “The Julius” as part of a multi-brand strategy.

At the same time, Julius Meinl Living is currently finalizing a renovation of the building to be carried out in three phases: the technical installations, the common areas then the 50 apartments of the building. The works will be carried out during the year 2022 and the property is expected to remain open throughout the year.

End of the Belgrade project

Through its Serbian subsidiary, Julius Meinl Living had undertaken to acquire a suitable property for “The Julius” in Belgrade by means of a forward purchase contract. The property was part of a large-scale multifunctional urban development next to the Belgrade Castle known as the K-District. The Covid-related delays in the construction of the property have given rise to a disagreement with the developer of the property, Kalemagdan Development, on how to achieve a speedy and cost-effective completion of the property. Julius Meinl Living conducted a review and came to the conclusion that prolonged legal litigation and further delay of the project would not be the right way to deploy its resources. A decision was made to withdraw from the project and in response to this situation Julius Meinl Living agreed to the mutual termination of his contract with Kalemagdan Development.

Julius Meinl Living has not made any significant payments to Kalemagdan Development during the term of his contract with the Company and does not make or receive any payments as a result of the mutual termination of this contract.

As a result of the termination of this contract, Julius Meinl Living will write off in its 2021 accounts the modest fair value gain of 2.4 million euros recorded in relation to the Belgrade building in its 2020 accounts. However, it is expected that in the 2021 accounts, substantial fair value gains on the Prague and Budapest properties will more than offset this loss and an overall net fair value gain will again be recorded.

Building on the achievements of 2021

Julius Meinl Living continues to work to identify additional flagship properties that can be acquired for possible exploitation under the Julius brand.

At the same time, and in order to capitalize on the success of the acquisition of the Escala Hotel & Suites in Budapest, Julius Meinl Living is also looking for other opportunistic acquisitions of serviced residences. These properties will likely use the same name as the current Escala Hotel & Suites eventually, once it has been renamed.

A number of flagship and opportunistic acquisitions in major cities in Central and Eastern Europe are under consideration, as well as in Western Europe. Julius Meinl Living’s outlook remains focused on expansion and growth and the termination of the contract for the Belgrade property does not change the strategy and goals of Julius Meinl Living. 2021 was a decisive year for Julius Meinl Living in terms of preparing for operations, establishing its brand in the market and meeting the expectations of investors and customers.



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FlyBosnia plans return with EX-YU and Swiss routes https://apartman-beograd.com/flybosnia-plans-return-with-ex-yu-and-swiss-routes/ Fri, 31 Dec 2021 07:00:00 +0000 https://apartman-beograd.com/flybosnia-plans-return-with-ex-yu-and-swiss-routes/

The majority of flights will operate in W formation between Bosnia and Herzegovina and Switzerland. Tickets for these are already on sale through a local Swiss tour operator, while FlyBosnia is expected to start its own sales next month. Operations are scheduled to begin at the start of the 2022 summer season on March 29. If flights go as planned, FlyBosnia would compete directly with Swiss on its flights between Zurich and Sarajevo, as well as Air Serbia and Croatia Airlines on its only one-way operation from the capital of Bosnia and Herzegovina to Belgrade and Zagreb respectively.

FlyBosnia was created by the Saudi Arabian group Al Shiddi, founded in 1975 with interests in various fields including construction, real estate, agriculture and tourism. The Saudi conglomerate has been operating in Bosnia and Herzegovina since 2006 and is the country’s largest Arab investor. The airline first visited Saudi Arabia, Kuwait and Bahrain, tapping into the huge summer demand between the Gulf and Bosnia. However, he then tried unsuccessfully to serve destinations in Europe as well. Ultimately, the coronavirus pandemic saw her shut down all business operations and the airline has struggled to restore flights since.

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Soaring real estate prices in the Balkans raise suspicion https://apartman-beograd.com/soaring-real-estate-prices-in-the-balkans-raise-suspicion/ Thu, 30 Dec 2021 07:22:15 +0000 https://apartman-beograd.com/soaring-real-estate-prices-in-the-balkans-raise-suspicion/
Rising construction costs

The region’s real estate and construction experts say that, among other factors, rising costs of building new apartments are pushing up prices.

“The prices of building materials are higher and it is also more difficult to find construction workers from neighboring countries due to the sanitary measures linked to COVID-19,” Podgorica real estate agent Mirko Radunovic said. “But despite the prices, the demand is greater than the supply.”

Selim Hasani, head of the Association of Construction Companies, which is part of the Economic Chamber of North-West Macedonia, said that “the rise in prices of building materials and energy ranges from 20 to 100% , and we are also seeing an increase in the wages of the workforce. “

Some capitals also face their own specific problems; in Skopje, for example, the slow adoption of detailed town plans led to a decrease in the number of building permits issued in 2021, Hasani said. “All of this translates into less new construction and increases the price of existing construction, as demand remains high. “

A North Macedonian real estate agent, who spoke on condition of anonymity, said the prices were deliberately inflated.

“We often see brand-new buildings sold ‘fictitious’ in just one month. So who buys these apartments so quickly, you might ask, because common people don’t have vast funds? Said the agent.

“The truth is, only part of the building is marketed for regular sale. The rest is kept as an investment. The companies and individuals who own them are in no rush to sell, ”keeping supply low and prices high.

In Zagreb, the real estate market is hit by the aftermath of earthquakes in the capital and central Petrinja in March and December 2020 which have driven up demand for building materials and workers.

“The earthquake is one of the main generators of the rise in apartment prices in Zagreb,” said Borislav Vujovic, director of Opereta, one of Croatia’s largest real estate agencies.

High inflation is also a problem, Vujovic told BIRN, as people invest their savings in real estate to avoid losses and thus keep demand high.

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NH Boy Scouts to sell property to pay settlement https://apartman-beograd.com/nh-boy-scouts-to-sell-property-to-pay-settlement/ Wed, 22 Dec 2021 21:03:03 +0000 https://apartman-beograd.com/nh-boy-scouts-to-sell-property-to-pay-settlement/

MANCHESTER, NH – The Boy Scout Council of America Daniel Webster will list its long-standing headquarters at 571 Holt Ave. and its five-acre Unity program center in Sullivan County to meet its $ 3.5 million obligation to the Boy Scouts of America, which is to cover a proposed $ 2.6 billion settlement related to sexual abuse lawsuits.

The move comes as the national organization and 272 regional councils across the country approach the December 28 deadline to vote on a reorganization plan that would pay more than 82,000 sexual abuse claimants. If the plaintiffs approve the settlement, it will be the largest sexual abuse settlement in U.S. history, legal experts have said. It would also free Boy Scouts of America and other litigants from future claims of past abuse.

On Monday, the BSA reached an agreement in principle with its largest insurer, Century Indemnity Co., to pay $ 800 million into the fund. The Hartford, another BSA insurer and former major sponsor of the troops, has agreed to pay $ 787 million, and The Church of Jesus Christ of Latter-day Saints will pay $ 250 million.

Scout councils across the country are due to contribute $ 820 million, and they are scrambling to find ways to cover their share of the cost, including the sale of goods.

Jay Garee, director of the DWC Scout, said the Daniel Webster Council board had authorized the $ 3.5 million contribution in cash and real estate “after due deliberation.” He said the National BSA and the local council “are working together to achieve two key imperatives: to fairly compensate survivors of past abuse in Scouting and to ensure that Scouting continues”.

Most regional councils, including Daniel Webster, control their own finances and do not undergo financial restructuring. The council oversees eight New Hampshire districts, in which approximately 6,000 boys and girls participate. According to its 2020 annual report, the board had $ 2,511,159 in revenue and $ 2,509,383 in expenses.

The decision to list the Holt Avenue office, the headquarters of the DWC since 1982, and the Unity Program Center was difficult, Garee said. Neither property has yet been listed.

The 10,800 square foot one-story building located at 571 Holt Ave. was built in 1982 and is home to the headquarters of the Daniel Webster Council. It is valued by the city for the 2022 tax year at $ 748,500. Since the DWC is a non-profit organization, it does not pay property taxes to the city.

The Unity Program Center spans five acres on Mica Mine Road in Unity and has indoor space, an outdoor theater, but few facilities, providing rustic camping for Boy Scouts.

Although Garee did not elaborate on plans for DWC’s headquarters, its Scout Help Center recently relocated to the 250-acre Camp Carpenter property off Bodwell Road.

The 3,500 acre Griswold Scout Reserve at Gilmanton Iron Works and Camp Carpenter in Manchester “are not for sale and will continue to play an important role in the delivery of our programming,” added Garee.

Maine campground sales challenged by community

Across the border in Maine, the decision to list three BSA camps for sale sparked an uproar. Last year, the Pine Tree Council authorized the sale of Camp Bomazeen, in Belgrade, which celebrated its 75th anniversary as a Scout camp in 2020, as well as Camp Nutter, in Acton, and Camp Gustin, in Sabattus. . None of the three are officially on sale.

In June, the Maine attorney general’s office filed a lawsuit against the Pine Tree Council to stop the sale of Bomazeen, saying it would violate the terms of the camp deed. The 100-acre property on the shore of Great Pond was given to the Boy Scouts in 1944 on the condition that it be held in trust for the Boy Scouts. The property is valued by the city and just under $ 1 million.

Scouts in Maine say their time at camp has helped them grow into successful adults, and the 300-member Bomazeen Alumni Association has joined the state as a plaintiff in the lawsuit.

Maine Scout volunteers and former Scouts opposed to property sales say highlighting the positive aspects of Scouting is a better way to solve debt than getting rid of the property.

Chris Bernier, of Winslow, Maine, a leader in the fight to keep Bomazeen out of the market, in a recent open letter on the Bomazeen Friends Facebook Page, urged the community to get involved, including writing to managers and seeking board positions in 2022.

“The answer to debt isn’t to sell stuff and hope the membership grows,” Bernier said. “The answer to the debt is to increase membership and give children in Scouting as many opportunities as possible in as many places as possible. Without our well-distributed camps, delivering exceptional programs becomes even more difficult. “

NH’s Scout tradition “alive and well and safer than ever”

Scouting in New Hampshire began in Manchester in 1912, with the charter of the Manchester Council in 2020 and Daniel Webster’s Council in 1939. Hampshire, ”Garee said.

He said the council is “confident that this decision is the right course of action for securing the future of Scouting in our communities and does not anticipate any direct impact on the local Scout experience for young people or families”.

He said New Hampshire Scouting “is alive and well and safer than ever with some of the strongest, expert-informed youth protection policies found in any organization serving youth.” Volunteers and staff take youth protection very seriously, he said, “and do their part to help keep children safe.”

He said plans for 2022 include the Granite base camp programs; community service, such as Scouting for Food and other projects; and a variety of summer programs at Scout camp properties.

Boy Scouts of America, based in Irving, Texas, filed for bankruptcy in February 2020, as lawsuits by men who said they were sexually abused as Boy Scouts piled up. The settlement, which has yet to be finalized, would require BSA to cede certain insurance rights to the settlement fund in exchange for a liability waiver.

These articles are shared by the partners of The Granite State News Collaborative. For more information, visit collaborativenh.org.

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An overview of the reports from Pandora Papers from Eastern Europe https://apartman-beograd.com/an-overview-of-the-reports-from-pandora-papers-from-eastern-europe/ Wed, 22 Dec 2021 12:59:50 +0000 https://apartman-beograd.com/an-overview-of-the-reports-from-pandora-papers-from-eastern-europe/

Offshore financial activities linked to prominent politicians, state-owned companies, trade deals with the government, and lucrative real estate all featured prominently in Pandora Papers reporting by journalists from Eastern Europe. – a region which faces some of the most serious threats to press freedom in the world.

The Pandora Papers are the largest document leak on record from offshore havens, consisting of nearly 12 million documents from law firms and financial advisers that facilitate the creation of offshore shell companies. It is also the largest collaboration ever for the ICIJ, with more than 600 journalists from 117 participating countries.

Here are some highlights from Pandora Papers from journalists in Eastern Europe and Central Asia.

Azerbaijan

The Central Asia Organized Crime and Corruption Reporting Project exposed an extensive network of offshore companies who helped three children and two close associates of Azerbaijani President Ilham Aliyev acquire luxury penthouses and commercial offices in the heart of London. Pandora Papers documents reveal how these properties were owned by an interconnected network of 84 offshore companies.

Belarus

Belsat journalists in Belarus, directly targeted by pro-government propagandists, lucrative relationships exposed between Belarusian President Alexander Lukashenko and a close ally in Zimbabwe. The son of Lukashenko’s right-hand man Viktor Sheiman made trade deals with the Zimbabwean government through a company he owned and another well-connected figure who stood to gain from a controversial gold venture .

Bulgaria

In Bulgaria, BIRD exposed three offshore companies who belonged to a former lawmaker and media mogul Delyan peevski, who failed to report them in their property declarations. BIRD also discovered two BVI companies formed by peevski’s mother, and explained how former Bulgarian minister Nikolay Mladenov registered an offshore company in Seychelles, not all of which were reported.

Montenegro

The new partners of the ICIJ at MANS exposed how Montenegrin President Milo Djukanovic and his son Blazo created secret contracts that helped them manage their assets by hiding them behind a network of companies in five different countries: UK, Switzerland, British Virgin Islands, Panama and Gibraltar. Djukanovic is one of 35 current and former presidents and prime ministers whose offshore transactions have been exposed in the Pandora Papers.

Russia

Russian investigative media IStories, in collaboration with ICIJ and other Pandora Papers partners, investigation how the director of a state television network, Constantin Ernst, was the beneficiary of an offshore company in the British Virgin Islands which participated in a grandiose project to demolish Soviet cinemas in Moscow and build shopping centers in their place. Russian state banks provided tens of billions of rubles for the project.

IStories also discovered how the daughter and former son-in-law of Nikolai Tokarev, the head of the Transneft pipeline, became Cypriot citizens the same year, the company fell under European Union sanctions. Over the years, the secret societies of Tokarev’s son-in-law received several billion rubles under contracts with Transneft and its companies.

Amid their reporting on the offshore deals of powerful Russian businessmen, the ICIJ partners have been named “foreign agents,” a designation used by Russian authorities to pressure journalists and subject them to reports. expensive financials.

Serbia

Serbian Minister of Finance and former Mayor of Belgrade Sinisa Mali, has already been exposed for the purchase of 24 apartments by the sea in “Sveti Nikola” in Bulgaria. Serbian journalists from KRIK, another investigative center constantly under attack by pro-government media, confirmed by Pandora Papers that Mali owned the two offshore companies that bought the apartments.

Slovenia

The Slovenian store Oštro has established a new center in Croatia to publish the country’s Pandora Papers articles. Together they exposed the beneficial owners of a leading real estate developer, Jadranka. They revealed the involvement of the Perenčević brothers, directors of Velesstroy, a Russian pipeline construction company working with the Transneft monopoly, and how they transferred millions of euros to Croatia via offshore entities. The investigation also revealed how a dividend of 3.1 million euros to the shareholder of Velestroy was sent to Croatia for urgent repairs in the event of a fire at the most luxurious hotel on the island, but the actual damage was officially assessed at less than 27,000 euros.

Ukraine

Ukrainian journalists from Slidstvo published a series of articles on Pandora Papers which reveal hidden offshore business activities of President Volodymyr ZelenskyyZelenskyy’s entourage and his close associates may have been involved in the transfer of $ 40 million from structures linked to the oligarch Igor Kolomoisky and others.

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Sunce Hotels invests 44.2 million euros in the renovation of its facilities https://apartman-beograd.com/sunce-hotels-invests-44-2-million-euros-in-the-renovation-of-its-facilities/ Mon, 20 Dec 2021 07:31:35 +0000 https://apartman-beograd.com/sunce-hotels-invests-44-2-million-euros-in-the-renovation-of-its-facilities/

December 20, 2021 – Dalmatian hotel brand Sunce plans to invest a huge amount of money in the general ‘redevelopment’ of their many facilities with the hope that 2022 will be the year that tourism and travel return to pre-pandemic standards.

Like Jozo Vrdoljak / Novac / Jutarnji List writes, Sunce hotels informed the Zagreb Stock Exchange that their supervisory board has approved investments to further improve the quality and services in the company’s facilities for the year 2022 for a significant amount of 44.2 million d ‘euros.

The largest amount, up to 13.6 million euros, is expected to be invested in the Elaphusa hotel in Bol sur Brac, followed by the Soline hotel in Brela, for which 9.7 million euros have been invested. reserved. The third largest investment concerns the Borak hotel in Bol for 7.9 million euros, and 6.7 million euros will be invested in the Maestral hotel in Brela. Around 2.5 million euros will be invested in the Kastelet hotel, and 150,000 euros in Neptune. 2.9 million euros will be invested in employee housing, and around 800,000 euros will be injected into other support investments.

They explained from Sunce hotels that these investments confirm the intentions of their majority shareholders to develop the future activities of the company by strengthening their position in the market by the establishment of new and existing capacities and services, as well as of continue to invest in improving the quality of accommodation for their employees.

Out of a total investment of 44 million euros, it is planned to raise around 29 million by capital increase through the issue of new shares, on the occasion of which an extraordinary general meeting of the joint stock company has been convened. As for the rest of the funds, Sunce Hotels plan to raise funds by borrowing from commercial banks, using the option to withdraw funds for this purpose as agreed upon when refinancing the company’s financial obligations on November 2, 2021.

Hrvoje Veselko, member of the board of directors of Sunce hotels, explained that all these investments will be mainly focused on the refreshing of the existing accommodation units of the company, that is, on what leaves a real impression on customers.

These are not investments in additional capacity, that is to say investments that require obtaining possible permits. All this concerns mainly the furnishing of the rooms with new furniture, the refreshing of our hotel rooms, the reconstruction of the bathrooms, the decoration and refreshing of the common and public spaces, the horticultural planning and similar investments. We have chosen the least invasive path because it is important for us to complete most of these investments by the start of the summer season next year, i.e. May 15, 2022 ”, Hrvoje Veselko explained.

Under the Bluesun Hotels & Resorts brand, Sunce Hotels operates 11 hotels along the Croatian Adriatic coast, one campsite and one leased establishment, for a total of 2,973 accommodation units, making it one of the largest hotel companies from all over the Republic of Croatia. They also own 50.2% of Brac airport. In addition to tourist facilities in Tucepi, Brela, Starigrad Paklenica and Bol on the island of Brac, they are in joint venture with tour operator TUI AG and have a high-end hotel, TUI Blue Jadran, with 161 units in ‘accommodation to brag about.

Since March of this year, the majority owner of Sunce Hotels has changed to Eagle Hills Real Estate, which has taken over the stake from Jako Andabak’s family for around 101 million euros. Eagle Hills Real Estate is engaged in real estate investment and property development with a focus on the European, Middle Eastern and African markets, and is led by Mohamed Ali Rashed Alabbar, who currently manages development in the United Arab Emirates, Egypt, Serbia and a few other destinations. These are mixed installations worth 50 billion euros. The company intended to build Zagreb’s so-called ‘Manhattan’, and is also known for the Belgrade on Water project, which it developed.

In the first nine months of 2021, Sunce Hotels generated an impressive operating revenue of 333.8 million kuna, an increase of 107.1 compared to the same period in 2020, dominated by the global coronavirus pandemic. The Group achieved a positive EBITDA of 116,405 million kuna, which is a better result than 102,650 million kuna, the amount recorded during the same period last year. The main reason for the strong EBITDA growth is the growth in operating income from the sale of accommodation services and non-pension income.

Most of Sunce’s hotel operating expenses are personnel costs amounting to 98.5 million Kuna, which is 23.5 million Kuna more in the first nine months of 2021 compared to the same period last year, and the material costs amount to 85 million kuna. and are higher by 58.7% compared to the same period in 2020, mainly due to the increase in activities and operating revenues generated by the sale of hosting services.

The finance costs of Sunce hotels have fallen significantly in the first nine months of 2021, mainly because there have been no net negative exchange rate differences. The total finance charge amounts to Kuna 9.7 million, which is a decrease of Kuna 8196 million compared to the first nine months of 2020, when the total finance charge amounted to Kuna 17.9 million. The net profit during the observed period amounted to 68.8 million Kuna, and during the same period last year, the loss amounted to 45.6 million Kuna, again due to the pandemic crisis.

To find out more, see our company section.

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It’s been a house for decades, but only legal for a few months https://apartman-beograd.com/its-been-a-house-for-decades-but-only-legal-for-a-few-months/ Fri, 17 Dec 2021 22:39:35 +0000 https://apartman-beograd.com/its-been-a-house-for-decades-but-only-legal-for-a-few-months/

As a designer specializing in residential structures, Luis Martinez experienced this at home and has now made it his career. His design company, Studioo15, has increased over the past two years as Los Angeles residents used new state laws to add thousands of garden units. Yet about half of his clients, he said, are people like his parents who want existing units legalized.

Bernardo and Tomasa Martinez, both in their early 60s, immigrated from Mexico to Los Angeles in 1989. Working in the low-wage service industry – she was a waitress; he worked as a laborer loading a truck – they moved into a two-bedroom house in South Los Angeles that had four families and 16 people. Luis Martinez, who crossed the border as a child, was surrounded by love and family, in a house where money was tight and privacy nonexistent.

Eventually, the family was able to purchase a small three bedroom apartment in Boyle Heights, east Los Angeles. It sits on a block of faded houses that have chain link fences in the front and a detached garage in the back. To supplement the family income, the Martinez converted the garage into unlicensed rental accommodation. Bernardo Martinez and a group of local DIYers lifted the floor and installed the plumbing that supplied the main house, while Luis helped paint.

Luis remembers that no one complained, probably because the neighbors were doing the same. “It was normal,” he said, “like ‘I live in the garage’ and some garages were nicer than others.”

Mr. Martinez attended East Los Angeles College after high school, then transferred to the University of California, Berkeley, where he graduated with an architecture degree in 2005. In the years following graduation. After graduating, when the Great Recession hit, her father lost his job and, after a spell of unemployment, took a minimum wage job mowing the lawn on a golf course. To help with the bills, they rented the garage to Bernardo Martinez’s brother for $ 500 per month. With minimum wage, you can’t afford to pay a mortgage and food for everyone, ”said Tomasa Martinez.

The purpose of informal housing is that it is difficult to see – it is built to escape the zoning authorities or anyone else who might notice it from the street.

Jake Wegmann, professor of town planning at the University of Texas at Austin, describes this as “horizontal density,” by which he means additions that use walkways and yard space, instead of going up a second or a third floor. Because the tenants and owners of these units don’t want to be discovered, there is essentially no advocacy for the dwellers in illegal housing, even though the number of tenants easily reaches millions nationwide.

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Daniel Webster Council Board of Directors clears property sale to offset cost of sexual abuse settlement https://apartman-beograd.com/daniel-webster-council-board-of-directors-clears-property-sale-to-offset-cost-of-sexual-abuse-settlement/ Fri, 17 Dec 2021 20:09:54 +0000 https://apartman-beograd.com/daniel-webster-council-board-of-directors-clears-property-sale-to-offset-cost-of-sexual-abuse-settlement/
Rear view of the Daniel Webster Council headquarters on Holt Avenue, which will be sold to offset the cost of lawsuits against the Boy Scouts of America. Photo / Carole Robidoux

MANCHESTER, NH -The Boy Scout Council of America Daniel Webster will list its long-standing headquarters at 571 Holt Ave. and its five-acre Unity program center in Sullivan County to meet its $ 3.5 million obligation to the Boy Scouts of America, which is to cover a proposed $ 2.6 billion settlement related to sexual abuse lawsuits.

The move comes as the national organization and 272 regional councils across the country approach the December 28 deadline to vote on a reorganization plan that would pay more than 82,000 sexual abuse claimants. If the plaintiffs approve the settlement, it will be the largest sexual abuse settlement in U.S. history, legal experts have said. It would also free Boy Scouts of America and other litigants from future claims of past abuse.

On Monday, the BSA reached an agreement in principle with its largest insurer, Century Indemnity Co., to pay $ 800 million into the fund. The Hartford, another BSA insurer and former major sponsor of the troops, has agreed to pay $ 787 million, and The Church of Jesus Christ of Latter-day Saints will pay $ 250 million.

Scout councils across the country are due to contribute $ 820 million, and they are scrambling to find ways to cover their share of the cost, including the sale of goods.

Jay Garee, director of the DWC Scout, said the Daniel Webster Council board had authorized the $ 3.5 million contribution in cash and real estate “after due deliberation.” He said the national BSA and the local council “are working together to achieve two key imperatives: to fairly compensate survivors of past abuse in Scouting and to ensure that Scouting continues”.

Most regional councils, including Daniel Webster, control their own finances and do not undergo financial restructuring. The council oversees eight New Hampshire districts, in which approximately 6,000 boys and girls participate. According to its 2020 annual report, the board had $ 2,511,159 in revenue and $ 2,509,383 in expenses.

The decision to list the Holt Avenue office, the headquarters of the DWC since 1982, and the Unity Program Center was difficult, Garee said. Neither property has yet been listed.

The 10,800 square foot one-story building located at 571 Holt Ave. was built in 1982 and is home to the headquarters of the Daniel Webster Council. It is valued by the city for the 2022 tax year at $ 748,500. Since the DWC is a non-profit organization, it does not pay property taxes to the city.

The Unity Program Center spans five acres on Mica Mine Road in Unity and has indoor space, an outdoor theater, but few facilities, providing rustic camping for Boy Scouts.

Although Garee did not elaborate on plans for DWC’s headquarters, its Scout Help Center recently relocated to the 250-acre Camp Carpenter property off Bodwell Road.

The 3,500 acre Griswold Scout Reserve at Gilmanton Iron Works and Camp Carpenter in Manchester “are not for sale and will continue to play an important role in the delivery of our programming,” added Garee.

A sign on the door of the Holt Avenue building in Manchester directs people to the Member Care Center at 1500 Bodwell Road. Photo / Carole Robidoux

Maine campground sales challenged by community

Across the border in Maine, the decision to list three BSA camps for sale sparked an uproar. Last year, the Pine Tree Council authorized the sale of Camp Bomazeen, in Belgrade, which celebrated its 75th anniversary as a Scout camp in 2020, as well as Camp Nutter, in Acton, and Camp Gustin, in Sabattus. . None of the three are officially on sale.

In June, the Maine attorney general’s office filed a lawsuit against the Pine Tree Council to stop the sale of Bomazeen, saying it would violate the terms of the camp deed. The 100-acre property on the shore of Great Pond was given to the Boy Scouts in 1944 on the condition that it be held in trust for the Boy Scouts. The property is valued by the city and just under $ 1 million.

Scouts in Maine say their time at camp has helped them grow into successful adults, and the 300-member Bomazeen Alumni Association has joined the state as a plaintiff in the lawsuit.

Maine Scout volunteers and former Scouts opposed to property sales say highlighting the positive aspects of Scouting is a better way to solve debt than getting rid of the property.

Chris Bernier, of Winslow, Maine, a leader in the fight to keep Bomazeen out of the market, in a recent open letter on the Bomazeen Friends Facebook Page, urged the community to get involved, including writing to managers and seeking board positions in 2022.

“The answer to debt isn’t to sell stuff and hope the membership grows,” Bernier said. “The answer to the debt is to increase membership and give children in Scouting as many opportunities as possible in as many places as possible. Without our well-distributed camps, delivering exceptional programs becomes even more difficult. “

The Pine Tree Council of Maine authorized the sale of Camp Bomazeen in Belgrade, Maine, causing an uproar in the Maine Scout community. Photo / Maureen Milliken

NH’s Scout tradition “alive and well and safer than ever”

Scouting in New Hampshire began in Manchester in 1912, with the charter of the Manchester Council in 2020 and Daniel Webster’s Council in 1939. Hampshire, ”Garee said.

He said the council is “confident that this decision is the right course of action for securing the future of Scouting in our communities and does not anticipate any direct impact on the local Scout experience for young people or families”.

He said New Hampshire Scouting “is alive and well and safer than ever with some of the strongest, expert-informed youth protection policies found in any organization serving youth.” Volunteers and staff take youth protection very seriously, he said, “and do their part to help keep children safe.”

He said plans for 2022 include the Granite base camp programs; community service, such as Scouting for Food and other projects; and a variety of summer programs at Scout camp properties.

Boy Scouts of America, based in Irving, Texas, filed for bankruptcy in February 2020, as lawsuits by men who said they were sexually abused as Boy Scouts piled up. The settlement, which has yet to be finalized, would require BSA to cede certain insurance rights to the settlement fund in exchange for a liability waiver.


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Globe Trade Center SA: GTC Board of Directors with new members https://apartman-beograd.com/globe-trade-center-sa-gtc-board-of-directors-with-new-members/ Wed, 15 Dec 2021 12:19:12 +0000 https://apartman-beograd.com/globe-trade-center-sa-gtc-board-of-directors-with-new-members/

GTC announces that the company’s supervisory board has just appointed Pedja Petronijevic as Director of Development and János Gárdai as Director of Operations.

The new Development Director and Board Member of GTC, Pedja Petronijevic, joined the group in 2008 as Technical Director for Serbia. Since 2012, when he was promoted to Country Managing Director, Mr. Petronijevic has successfully overseen the growth of the portfolio. During its cadence, GTC completed the construction of 10 office buildings in Belgrade, including FortyOne and Green Heart, as well as the construction of Ada Mall, a modern shopping center in the heart of Belgrade. Pedja Petronijevic also received the award for best leadership of the year at the 2017 CIJ Awards Serbia & SEE. Prior to GTC, he oversaw Mercury Engineering operations in Serbia. He started his professional career as a project engineer in one of the largest developments in Gaborone, Botswana. Mr. Petronijevic holds a M.Sc. degree in Mechanical Engineering from the University of Belgrade.

János Gárdai, the new COO and member of the board of directors of GTC, started his career in 1996 as a financial analyst at Autóvill Rt. Between 1997 and 1999 he worked as a financial controller and responsible for the reporting at ERECO Rt. Subsequently, Mr. Gárdai joined White Star Real Estate (AIG / Lincoln), where for the past 22 years he has been involved in all aspects of the real estate business in various positions, from CFO , through Director of Development and Managing Director, to Partner Country. He managed and oversaw the operations of the Hungarian office, being involved in development, property and asset management, as well as acquisitions and new business opportunities. Over the years he has managed various investments totaling 400 million euros. Mr. Gárdai graduated from the Faculty of Corporate Accounting of the College of Finance and Accountancy.

I am pleased to welcome two new exceptional members of the GTC Management Board:Pedja Petronijevic and János Gárdai as Director of Development and Director of Operations, respectively.Pedja will support the further development of our business and János will oversee operational activities.These appointments are based on their extensive experience in management positions and their immense knowledge of the market. I am convinced that GTC will strengthen its position in the EEC region and achieve further successes with them on the board. “ – commented Yovav Carmi, Chairman of the Board of GTC.

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CGV – Globe Trade Center SA published this content on December 15, 2021 and is solely responsible for the information it contains. Distributed by Public, unedited and unmodified, on December 15, 2021 12:18:05 PM UTC.

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Marriott International plans to launch more than 30 luxury hotels around the world in 2022 https://apartman-beograd.com/marriott-international-plans-to-launch-more-than-30-luxury-hotels-around-the-world-in-2022/ Thu, 09 Dec 2021 08:00:00 +0000 https://apartman-beograd.com/marriott-international-plans-to-launch-more-than-30-luxury-hotels-around-the-world-in-2022/

From the International Luxury Travel Market (ILTM) Cannes, Marriott International, Inc. today announced its intention to launch more than 30 luxury hotels in 2022, creating the rare and rewarding experiences that today’s luxury travelers hui need with its unrivaled portfolio of dynamic luxury brands. Through the world-renowned hospitality brands of The Ritz-Carlton, Ritz-Carlton Reserve, St. Regis, W, The Luxury Collection, EDITION, JW Marriott and Bulgari, Marriott International continues to elevate travel, creating experiences of distinct and highly contextualized brand that signal the future of luxury. With an unrivaled network of more than 460 iconic luxury hotels and resorts in 68 countries and territories today, Marriott International is poised to expand its luxury footprint with nearly 190 properties in development, including the 30 expected open in 2022, in emblematic and emerging destinations of Mexico at Portugal and Australia at South Korea.

“Our customers seek deeper, more immersive experiences that allow them to engage in global exploration while eliciting personal regeneration,” said Chris Gabaldon, senior vice president, Luxury Brands, Marriott International.

Luxury enters a new era of regeneration

A global study on luxury trends conducted in collaboration with creative agency Team One found that today’s affluent travelers are moving from a ‘tick the boxes’ mentality to a ‘travel well’ mentality. taking a more thoughtful and intentional approach to travel planning. Gabaldon observed, “As people re-examine and re-prioritize what matters most to them, a shift that has accelerated over the past two years, we are seeing a real embrace of deeper travel. Our clients are more focused on where they are traveling and why they are making the trip, seeking to foster a more meaningful connection with the destination as well as with the people they meet. With a truly global footprint, Marriott International stands ready to respond to this evolving set of aspirations, urging people to view travel as a web of regeneration that leads to a lasting positive impact on locals and destinations. “From the world’s most desirable destinations to undiscovered gems, we strive to go beyond providing transformative moments for our guests and hope to create experiences that will inspire a new sense of personal well-being and joy, ”Gabaldon said.

The Ritz-Carlton continues to define the future of luxury hospitality

With an emphasis on destination-oriented design and unparalleled service, the Ritz-Carlton continues to drive innovation and set the standard in luxury hospitality. In 2021, the brand was introduced to some of the world’s most coveted locations, including the Maldives, Turks & Caicos, and Mexico.
In 2022, the brand plans to expand in Arizona with The Ritz-Carlton Paradise Valley, La Palmeraie, As well as inside New York City, debuting in bustling NoMad, where rooms offer stunning city views. The Ritz Carlton, Melbourne is slated to develop the renowned brand footprint in Australia. Ritz-Carlton Reserve plans to expand its highly organized portfolio, launching its sixth rare estate in the historic Chinese Valley of Jiuzhaigou. Faithful to the aesthetic of the brand’s avant-garde design, The Ritz-Carlton Moscow, The Ritz-Carlton, Grand Cayman, and The Ritz-Carlton, Naples, are all set to celebrate major renovations over the coming year. In addition, the brand plans to mark the maiden voyage of The Ritz-Carlton Yacht Collection in May 2022.

St. Regis celebrates timeless glamor at coveted global hot spots

With its celebrated rituals, rich heritage and glamorous spirit, St. Regis Hotels & Resorts is leading the way from an iconic hotel brand to a global luxury icon and, in the coming year, plans to launch its 50e property. In 2021, the legendary brand increased its presence in the Middle East by introducing two properties each in Cairo
and Dubai and, over the coming year, plans to continue expanding the brand in the region with the opening of The St. Regis Marsa Arabia Island, La Perle in Qatar. In 2022, St. Regis is expected to debut in Chicago, with a building designed by Jeanne Gang that has already become an exquisite new icon on the Windy City skyline, and the brand also plans to bring its bespoke service and avant-garde style to Belgrade. St. Regis continues to grow in leisure destinations, expecting to nearly double its number of resort properties over the next five years. This year saw the start of The St. Regis Bermuda Resort, Marriott International’s first luxury property on the island and, in the coming year, the brand plans to mark the opening of The St. Regis Kanai Resort in Riviera Maya, Mexico, which will offer ocean views from almost every vantage point. The St. Regis San Francisco Also plans to celebrate the completion of a complete renovation, launching a sophisticated new look and feel in 2022.

W Hotels reinvents luxury and sparks the imagination

In 2021, W Hotels brought its unique take on luxury to destinations such as Nashville, Osaka, Philadelphia, Melbourne, Xiamen,
and Rome, where a 162-room hotel consisting of two 19e The Palaces of the Century marked the brand’s long-awaited debut in Italy. With nearly 60 hotels worldwide, W is defined by detail-driven design, inspiring energy, a buzzing cocktail and restaurant culture, and high programming localized by destination. With a continual focus on redefining and improving the W experience, the brand is expected to open in exciting destinations next year, including the Algarve, Sydney, Dubai and Toronto.
EDITION continues to grow in iconic destinations around the world
An unexpected and refreshing collection of unique hotels that redefine the concept of luxury, EDITION Hotels has brought its personal and intimate hospitality experience to Reykjavík and Dubai
in 2021. The brand in demand, recently named the hottest in the world by Forbes, offers sophisticated design, a taste of the destination and modern service. EDITION Hotels announces the continuation of its international expansion planned for 2022 with the planned opening of six new properties, including sites in Madrid, Rome, Doha, Tampa, Riviera Maya in Kanai, and Ginza, the second property in Tokyo. With 14 hotels worldwide currently, all firmly established in the luxury space, the brand is expected to reach a footprint of 20 properties worldwide by the end of 2022.

Luxury collection inspires transformational journeys to new destinations

With hotels that truly define their destination, The Luxury Collection is a growing body of nearly 120 hotels in more than 40 countries and territories around the world. In 2021, the brand debuts in Hungary with the opening of the transformed UNESCO World Heritage site Mathilde Palace
in Budapest, expanded its presence in North America, brought elevated alpine interiors and the vibrancy of the Rocky Mountains to Vail through The Hythe, and showcased a distinctive design inspired by South Korea’s heritage with the opening of Josun Palace. With each hotel offering unique experiences and serving as a portal to the destination’s native charms, The Luxury Collection is expected to launch its properties next year in captivating locations across the world, including Spain, India, Dominican Republic, Mexico, and Tbilisi, Georgia.
JW Marriott celebrates the passions of its guests through wellness experiences
Inspired by its legendary namesake and steeped in holistic wellness, JW Marriott celebrated its recent openings at Charlotte, Monterrey, Shanghai and Tampa. With more than 100 properties in more than 35 countries and territories, JW Marriott offers a legacy of exceptional service and is committed to providing experiences and environments that encourage guests to be fully present and foster meaningful relationships. Over the coming year, JW Marriott plans to continue to cater to sophisticated and attentive travelers seeking a balance of mind, body and spirit with new openings in destinations from Cairo at Istanbul, and Mexico
at Jeju Island, South Korea.

About Marriott International

Marriott International, Inc. (NASDAQ: MAR) is based in Bethesda, Maryland, United States, and encompasses a portfolio of approximately 7,900 properties under 30 major brands spanning 138 countries and territories. Marriott operates and franchises hotels and licenses owned vacation resorts around the world. The company offers Marriott Bonvoy®, its award-winning travel program. For more information, please visit our website at www.marriott.com, and for the latest company news, visit www.marriottnewscenter.com. In addition, connect with us on Facebook and @MarriottIntl ​​on Twitter and Instagram.


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