Apartman Beograd http://apartman-beograd.com/ Thu, 30 Jun 2022 14:05:54 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://apartman-beograd.com/wp-content/uploads/2021/06/cropped-icon-32x32.png Apartman Beograd http://apartman-beograd.com/ 32 32 South Africa’s largest pension fund increases stake in Atterbury Europe https://apartman-beograd.com/south-africas-largest-pension-fund-increases-stake-in-atterbury-europe/ Wed, 29 Jun 2022 14:06:34 +0000 https://apartman-beograd.com/south-africas-largest-pension-fund-increases-stake-in-atterbury-europe/

South African investment fund Atterbury Europe remains committed to its desire to consolidate its presence in Romania and has announced that it is increasing the number of shares held by the Government Employees Pension Fund of South Africa, the largest pension fund from South Africa.

Atterbury Europe entered the local real estate market in 2017 through a joint venture with the IULIUS group. The local portfolio of the investment fund currently includes 50% of the Iulius Town Timișoara project, a 442 million euro investment opened in 2019, the largest injection of capital in real estate, as well as the national network Iulius Mall operating in Iasi, Cluj-Napoca and Suceava.

Atterbury Europe is strengthening its shareholding by increasing the number of shares held by the Government Employees Pension Fund (GEPF) of South Africa in Atterbury Europe, managed by the Public Investment Corporation SOC Limited (PIC).

Thus, Pareto Limited and BVI (Business Venture Investments No. 1360 Proprietary Limited – 100% owned by GEPF in South Africa and managed by PIC) will own 50% of the shares of Atterbury Europe, taking over the shares previously held by RMH Property Holdings (Pty) Ltd (“RMH Property”), in connection with a comprehensive restructuring of RMB Holdings Limited (owner of RMH Property) launched in 2019.

GEPF is South Africa’s largest pension fund. GEPF has over 1.2 million active members, over 450,000 pensioners and beneficiaries, and assets worth over 1.61 trillion rand (about 95 billion euros).

“We are impressed with how our projects in Romania are being embraced by locals and how attractive they are for investment. We are therefore certain that we will consolidate new projects that highlight the potential of the market. We have the support of our shareholders in our efforts to attract new investment projects to the local market,” said Henk Deist, managing director of Atterbury Europe.

Atterbury Europe is a European real estate investment company, founded in 2014, with a real estate portfolio exceeding one billion euros in Romania, Serbia and Cyprus. The company continues to expand through new projects under development in all the countries where it operates.

Atterbury Europe was founded by Atterbury Property Holdings (Pty) Ltd, which was established in 1994 in Pretoria, South Africa. Over the past 27 years, Atterbury has become a leading name in real estate investments and developments in South Africa, across the African continent and beyond its borders.

A leading corporate/financial services lawyer and experienced litigator https://apartman-beograd.com/a-leading-corporate-financial-services-lawyer-and-experienced-litigator/ Wed, 29 Jun 2022 13:17:00 +0000 https://apartman-beograd.com/a-leading-corporate-financial-services-lawyer-and-experienced-litigator/

A lawyer and three partners also join the team.

MIAMI, June 29, 2022 /PRNewswire/ — Winston & Strawn LLP has announced the addition of two partners to the firm’s rapid growth Miami Desk: Carl A. Fornariswho joins the Transactions Department, and Jared R. Kesslerwho joins the litigation department of the firm.

Carl is from Miami office of Greenberg Traurig, LLP, where he was Co-Chair of the Financial Regulation and Compliance Practice and the Blockchain and Digital Assets Group. Jared is also from Greenberg’s Miami Desk.

Accompanying these partners are Of Counsel Paul W. Jeziernywho joins the transactions department of Shutts & Bowen LLP’s Miami office and associates Elisa H. Baca and Claudia Ojeda, who join the litigation department of the firm from Greenberg Miami Desk. Associated Gabriela A. Plasencia joined the transactions department earlier this month from Shutts & Bowen in Miami.

The arrival of the lawyers closely follows that of the six initial partners who launched the firm Miami office on May 19, 2022and it comes shortly after two corporate partners joined the office on June 16, 2022. It is expected that additional arrivals will be announced in the near future.

“Carl, who will co-chair Winston’s Financial Services Regulatory/Compliance practice and the company’s Digital Assets & Blockchain Technology group, brings nearly three decades of financial services experience, including banking, payments, fintech and digital assets Other facets of the financial services industry are critically important to the Miami and international business communities,” said Enrique J. Martin, Miami office managing partner. South Florida and around the world. Notably, these associates — and the additional attorneys joining them — come from the Miami legal community, which means they know the market and are ready to provide our domestic and international clients with practical legal and business solutions.”

carl represents clients in connection with incorporations and licenses, capital raising transactions, acquisitions and divestitures, UNITED STATES PATRIOT Act/BSA/AML compliance and OFAC sanctions programs, cryptocurrency and digital asset regulation, payments, mobile money and fintech, federal and state agency enforcement procedures, Dodd-Frank compliance and law on corporate transparency. Throughout his career, he has advised clients in their dealings with the Federal Reserve, OCC, FDIC, FinCEN, SEC, FINRA, Florida office of Financial Regulation, New York Department of Financial Services and other state supervisory authorities. Carl also represents lenders and creditors in financing transactions, particularly loans to non-US lenders, asset-based loans, acquisition financings and stand-by letters of credit. Previously, Carl served as Head of Legal and Compliance for the Latin America region of Barclays Bank PLC, responsible for managing legal and compliance matters across the region.

Jared focuses his practice on complex commercial litigation in federal and state courts and has litigated in jurisdictions across the country. He represents clients in a wide range of industries in matters involving a wide range of issues, including class actions, commercial torts and contract disputes, corporate governance and partnership disputes and claims real estate. Jared’s class action work focuses on defending against consumer claims of false or misleading packaging and advertising and allegations of deceptive marketing practices. For example, he helped defend an international food manufacturer against false advertising claims aimed at obtaining more $100 million in damages and an international hotel chain against allegations of deceptive billing practices at several of its on-site restaurants.

Paul practices in the areas of mergers and acquisitions, trade finance, and corporate and securities law. He represents global financial institutions, funds and operating companies in a variety of regulatory, transactional, enforcement and corporate matters.

gabriel represents financial institutions and other businesses in government investigations and enforcement actions, arbitrations and civil litigation. She also advises clients on regulatory, licensing, corporate and compliance issues in fintech technology and blockchain technology. Elisa focuses on complex commercial litigation and putative class action lawsuits filed in Federal Court, representing companies in cases involving allegations of consumer fraud, deceptive and unfair marketing practices, misleading labeling, and false or misleading advertising . Claudia handles civil litigation in federal and state courts. She represents clients in matters of breach of contract, fraud, breach of fiduciary duty and consumer class actions.

“The addition of these attorneys demonstrates Winston’s continued commitment to serving the Miami market by recruiting the best legal talent the market has to offer,” said Winston Chairman Tom Fitzgerald. “Each lawyer brings essential experience, knowledge and skills. Together, they help us complement the transactional and litigation service offerings that from south florida a sophisticated business community demands it.”

About our Miami Desk

Winston & Strawn’s Miami leverages the region’s status as a dynamic financial hub, an epicenter of business activity spanning many industries, and a critical junction point for banking and international trade with Latin America and other parts of the world.

The office serves clients representing some of the strongest and fastest growing sectors in the global economy, including complex commercial litigation, mergers and acquisitions, financial services, cryptocurrency and blockchain, real estate, energy and infrastructure, bankruptcy and Latin America.

Winston & Strawn LLP is an international law firm with 16 offices in North America, South America, Asiaand Europe. More information about the company is available at www.winston.com.

Michael Goodwin
[email protected]

SOURCEWinston & Strawn LLP

Corruption reigns supreme among EU candidates from the Western Balkans – EURACTIV.com https://apartman-beograd.com/corruption-reigns-supreme-among-eu-candidates-from-the-western-balkans-euractiv-com/ Wed, 29 Jun 2022 05:29:50 +0000 https://apartman-beograd.com/corruption-reigns-supreme-among-eu-candidates-from-the-western-balkans-euractiv-com/

The Capitals brings you the latest news from across Europe, thanks to on-the-ground reporting by EURACTIV’s media network. You can subscribe to the newsletter here.

Before you start reading today’s edition of Capitals, be sure to take a look at Turkey’s Resistance to Sweden’s and Finland’s NATO Membership by Alexandra Brzozowski.

European news you deserve to read. welcome to Capitals by EURACTIV.

Today’s edition is powered by WeMove Europe

Gas is a fossil fuel. Nuclear waste will become a problem for our grandchildren. Why pump billions into the already dying fossil gas and nuclear industries? 92,000 Europeans with WeMove Europe ask the EP to reject the taxonomy.

In today’s news from the capitals:

EU waiting room countries such as Albania, North Macedonia, Montenegro and Serbia have mostly made no real progress in reducing corruption and improving democracy over the past four years, fundamental prerequisites for EU membership.

The plight of the Western Balkan countries was in the spotlight at the recent EU-Western Balkans summit in Brussels. Angry regional leaders took to the stage to point fingers at the EU, its lack of unity, its broken promises, and even accused the EU of not having its own house in order.

While some of their frustrations were justified, EURACTIV wanted to take a closer look at how far they have come in recent years in terms of internal management.

The results are far from impressive. Read more.



The Ukrainian “paradox” of Warsaw: the Polish capital’s long road to recovery. Inflation and war in neighboring Ukraine have hampered efforts to rebuild the Polish capital after the pandemic while tackling long-standing challenges in the city center – depopulation and soaring property prices .

Yet industry representatives point out that “paradoxically” the Ukrainian refugee crisis has presented new opportunities for Warsaw’s struggling hospitality industry. Read more.


EU body brings overseas regions closer to Brussels. The Committee of the Regions, an advisory body representing local and regional authorities, will place a citizen from the remote outermost regions of the bloc at the head of an EU institution – a historic first. Read the full story here.



The German Scholz rallies the G7 countries behind the idea of ​​a “climate club”. G7 countries have backed German Chancellor Olaf Sholz’s idea of ​​creating a climate club of ambitious countries to accelerate their efforts, which is seen as complementary to the EU border carbon tax. Lily the full story here.



The Court condemns the French State for its mismanagement of COVID. The Paris administrative court condemned the government on Tuesday for not having sufficient stocks of masks and for the contradictory statements it made about the virus at the start of the pandemic. Read more.



Austria will facilitate access to the labor market for third-country nationals. Faced with a serious shortage of skilled workers, Austria will facilitate access to the labor market for third-country nationals by revamping the so-called “red-white-red card” residence system. Read more.



The Dutch coast is experiencing a rapid rise in sea level. Sea levels along the Dutch coast are rising rapidly, scientists from the Delft University of Technology have found. Read more.



The UK will not join Macron’s “political community”. Foreign Secretary Liz Truss on Tuesday ruled out the prospect of the UK becoming part of a “European political community” proposed by French President Emmanuel Macron after it was suggested Prime Minister Boris Johnson was interested in to join. Read more.



Finland to expand abortion rights following Roe vs. Wade. An initiative to ease abortion requirements in Finland is gaining momentum as the Nordic country gains cross-party support to change its abortion law since the early 1970s. Read more.



The Commission supports the Italian LGBTQI law proposal rejected by Parliament. The European Commission has given its backing to Alessandro Zan’s anti-homophobia bill which was rejected by the Italian parliament in October, EU Equality Commissioner Helena Dalli announced on Twitter after meeting lawmakers in Brussels on Tuesday. Read more.



The Portuguese Prime Minister calls on the United Nations conference on the oceans to produce “drastic actions”. The United Nations Ocean Conference, due to be held until Friday in Lisbon, is expected to define “drastic actions” to deal with the ocean emergency, Prime Minister António Costa tweeted on Tuesday after meeting the Secretary-General of the UN António Guterres in Lisbon. Read more.



Central and Eastern European energy hub to coordinate EU gas supply. The new Prague-based Central East Regional Task Force, established within the EU’s Voluntary Energy Platform set up to secure energy supply and phase out dependence on Russia, identify bottlenecks in gas supply in the region and propose urgent solutions. Read more.



Slovaks are worried about climate change but don’t want a drastic change in lifestyle. Most Slovaks view climate change as a serious threat but reject solutions that would drastically affect their lives, according to a new survey. Read more.



Croatian commissioner admits inflation ‘probably’ means fewer COVID stimulus projects. While the size of the EU’s COVID stimulus support is likely to remain the same despite inflation, rising prices are expected to lead to fewer projects than initially expected, Croatian Commissioner Dubravka Šuica said. Read more.



Bulgaria raises pensions amid political crisis. Parliament has passed a proposal by the ousted government of Prime Minister Kiril Petkov to raise pensions by 10% as Bulgaria heads for its fourth snap election in less than two years. Read more.



EU official urges Serbia to join bloc position vis-à-vis Russia. The European Union wants the Western Balkan countries to join its unified position on Russian aggression, including on sanctions, Emanuele Giauffret, head of the EU delegation to Serbia, said on Tuesday, adding that the war in Ukraine had made the enlargement process even more difficult. important geostrategic priority. Read more.



The Council of Europe calls on Bosnia to strengthen access to justice for victims of trafficking. Bosnia and Herzegovina should improve the implementation of the anti-trafficking framework, particularly with regard to victims’ access to justice and effective remedies, the Council of Experts Group has said. Action against Human Beings (GRETA) in its third evaluation report published on Tuesday, where it also welcomed the legislative and policy developments that the country has taken in this area so far. Read more.



The visit of the EU representative to Pristina hits the mark. Nothing new came out of the meeting between EU Special Representative Miroslav Lajcak and Prime Minister Albin Kurti, during which the two discussed EU-facilitated dialogue and a recent energy deal between Serbia and Kosovo. Read more.



Albania ranks seventh in the world for cultivation and distribution of cannabis. Albania is the seventh largest cannabis grower in the world, according to the United Nations Office on Drugs and Crime’s World Drug Report 2022. Read more.


  • EU: Meeting of the College of the European Commission.
  • European Commission President Ursula von der Leyen will attend the NATO summit.
  • Vice-President Dubravka Šuica receives Ukrainian Minister for Social Policy Maryna Volodymyrivna Lazebna.
  • France: Verdict of the trial of the November 2015 attacks in Paris.
  • Court of Appeal to rule on the extradition of former Italian far-left activists wanted by Italy.
  • Publication of the annual report of the High Council for Climate (HCC).
  • Portugal: March for the climate during the United Nations conference on the oceans.
  • Spain: NATO Summit.
  • Anti-NATO demonstration.
  • Serbia: Miroslav Lajčak, EU Special Envoy for Belgrade-Pristina Dialogue and other regional issues in the Western Balkans, will pay a three-day visit to Belgrade.
  • Montenegro: Prime Minister Dritan Abazović visits Serbia.


[Edited by Sarantis Michalopoulos, Vlad Makszimov, Daniel Eck, Benjamin Fox, Zoran Radosavljevic, Alice Taylor, Sofia Stuart Leeson, Eleonora Vasques]

Independence Parks and Recreation | Independence Bulletin Journal https://apartman-beograd.com/independence-parks-and-recreation-independence-bulletin-journal/ Wed, 29 Jun 2022 05:15:00 +0000 https://apartman-beograd.com/independence-parks-and-recreation-independence-bulletin-journal/

IPRD SUMMER BALL LEAGUES… Last week of games (June 27-30)

All Teams IPRD SUMMER BALL – End of Season 2022 Makeover Matches and Schedule

5:30 p.m.- Field 1- Teams 1 vs 3 6:30 p.m- Field 1 Teams 2 vs 4


5:30 p.m. – Field 4 – Teams 1 vs 5

5:30 p.m.- Pitch 3- Teams 4 against 1- Forfeit per Team 4- NO GAME

5:30 p.m.- Field 1- Teams 5 vs 6

6:30 p.m.- Field 1- Teams 3 vs 4

7:30 p.m.- Field 1- Teams 1 vs 2

5:30 p.m.- Field 2- Teams 1 vs 3

7:00 p.m.- Field 2- Teams 2 vs 4

5:30 p.m.- Field 3- Teams 5 vs 6

7:00 p.m.- Field 3- Teams 6 vs 7

Underage Girls – KICKBALL – FUN NIGHT!! – Final Night of Games – return equipment to the concession stand

5:30 p.m.- Field 1- Teams 3 vs 2

6:30 p.m. – Field 2 – Teams 4 against 1

Girls Majors – Final Night of Games – turn in gear at the concessions booth

5:30 p.m.- Field 4- Teams 1 vs 6

7:00 p.m.- Field 4- Teams 2 vs 6

5:30 p.m.- Field 3- Teams 2 vs 7

7:00 p.m. – Field 3 – Teams 4 vs 5

Underage Boys – KICKBALL – FUN NIGHT!! – Final Night of Games – return equipment to the concession stand

5:30 p.m. – Field 1 – Teams 4 against 1

6:30 p.m.- Field 1- Teams 5 vs 2

7:30 p.m.- Field 1- Teams 6 vs 3

Boys Majors – KICKBALL – FUN NIGHT!! – Final Night of Games – return equipment to the concession stand

5:30 p.m.- Field 3- Teams 1 vs 7

6:30 p.m.- Field 3- Teams 2 vs 7

6:00 p.m. – Field 4 – Teams 3 vs 4

7:30 p.m.- Field 4- Teams 5 vs 6

On behalf of the Independence Department of Parks and Recreation, we would like to take this opportunity to thank all of the parents and coaches who have spent so much time and effort coaching the playing children. Thanks again and enjoy the rest of your summer!!!

RE/IHS/WaMaC 7th Grade Girls Softball Games are winding down with their final home game this Wednesday June 29th at Independence Baseball/Softball Complex and their final game of the season Friday July 1st at Vinton!! The coaches for this team are Scott Kleve and Cole Trimble (hired by the Independence Community School District.)

2022 Dog Tags are available at the Falcon Civic Center. Park Address: 1305 5th Ave NE, Independence (next to Falcon Civic Center) All dogs must be up to date with their vaccines. Like and follow Indee Bark Park on Facebook. Reminder: the annual permit is only $25 (with a copy of the vaccination record) or the day passes are only $3 per dog per day. Purchase at the Falcon Civic Center. Many thanks to Blue Buffalo Independence for their generous donation of $10,000 to be used towards the purchase of dog agility and playground equipment to be placed in Indee Bark Park. Your help is much appreciated!!!

Swimming registration started April 1st and limited spots are still available!!!

Registration for group swimming lessons (Baby/Toddler & Preschool is FULL (Session 2: July 11 to 21) & School age – Limited places still available) Aquatic center season passes AVAILABLE – Family in town $115 or single $75 $/ Outside Town Family $140 or Single $90 (Add 1 babysitter for an additional $10), Party Shelter Rentals ($35 for 2 ½ hour rental + daily admission to all off season pass holders) and the list of lifeguards ready to teach privates is available for the public. You can pick up a copy at the Independence Aquatic Center or the Falcon Civic Center.

Independence Swim Team: Find us on Facebook: Independence Stingrays

24-HOUR ACCESS TO FALCON CIVIC CENTER AVAILABLE FOR ANNUAL MEMBERS… Falcon Civic Center Hours: Monday-Thursday 6am-7pm, Friday 6am-6pm, Saturday – NO STAFF IN JUNE – usually open from 12 p.m. to 4 p.m.

Our access system is an APP-based system, so interested members must have an updated smartphone to download the app and use the system. The cost is only $25 (one-time fee with full annual subscription) in addition to your annual membership fee

Falcon Civic Center Annual Membership Fee:

Family $190 Adult $145 Student and seniors (60+) $115

Memberships and/or 24 hour access must be purchased at the Falcon Civic Center. Once paid and the form fully completed, Bob will email you the link (from POSTMASTER, not BOB BEATTY) to download the APP.

If you are a member with 24-hour access and wish to bring a friend who does not have 24-hour access, the cost is:

  • $4 per person, regardless of membership status. You must be at least 16 years old to come alone or if you are under 16, you must come accompanied by a responsible adult.

The admission drop box is located at the reception of the Falcon Civic Center.

24-hour access to Falcon Civic Center does NOT transfer to 24-hour access to River’sEDGE or vice versa. You need to buy separately. REMEMBER YOU ARE ON CAMERA!!!!

River’sEDGE opening hours: Monday to Friday 3:30pm to 8pm / Saturday and Sunday 10am to 4pm

24-Hour Access to River’sEDGE Available to MEMBERS for a one-time $25 fee!!!

YOU’RE ON CAMERA!! Call 319-332-1525 for details, leave a message and Lucas will call you back or drop by River’sEDGE during business hours.

This fitness class will meet 8 times in July on MWF from 5:45-6:30 a.m. at the Falcon Civic Center Gym. (NO CLASSES July 4, 11, 13, 20 and 22) Janet Buls is the instructor for this class. The focus is on cardio, flexibility, balance, and strength training intervals. All fitness levels are welcome. The instructor works with the class and progresses at everyone’s pace so that everyone succeeds. Consult your physician before beginning this exercise program. The cost is $24 for the month of July or $4 per stopover. Register and pay at the Falcon Civic Center.


Please note: Tae Kwon Do student summer course schedules Thursday June 23, Monday June 27 and Tuesday June 28.

NO classes in July!

End of Summer Tae Kwon Do classes will be held once a week on Monday August 15th, Monday August 22nd and Monday August 29th! Will start from 4:45 p.m. to 6:00 p.m.! Cost: $5 per lesson!


Thursday September 1st and Tuesday September 6th & Thursday September 8th! After these dates, classes will take place from 4:45 p.m. to 6:00 p.m. on Monday and Thursday evenings!

PS! Tae kwon do belt certificates are available, please collect them!

Tae Kwon Do will meet Little Dragons (4-6 yrs) from 4:30-5pm and TKD (7+ yrs) @ 4:45-5pm warm-up and class 5-6pm. PLEASE NOTE: A $5 fee will be charged if the monthly fee has not been paid. Sign up and pay on River’sEDGE. For more information, contact Master Tim Main @ 319-361-3190 or visit their Facebook page at Main’s Peak Performance Of Independence, Iowa

Little Dragons Tae Kwon Do – This class is half an hour long and best suited for a shorter attention span. Option for all children under 6, if you are 6 you can choose between Little Dragons or our regular TKD class. Little Dragons is a readiness program created specifically for preschool and elementary school children. Tae Kwon Do techniques including striking, kicking, blocking and stances as well as self-defense. For the youngest, it also includes training on balance, concentration, flexibility and the development of fine motor skills. Sign up and pay on River’sEDGE.

Main’s Peak Performance Tae Kwon Do – regular classes are held Monday and Thursday evenings from 5-6pm at River’sEDGE. Master Tim will arrive at River’sEDGE at 4:45 p.m. to warm up each evening. TKD offers conditioning, self-defense and everyone a great opportunity to promote self-discipline and self-esteem as well as teach participants education and self-confidence.


The season will run from August 10 to September 14 on Wednesday evenings at 6:15 p.m., 7:30 p.m. and 8:45 p.m. (may change if necessary to accommodate the largest number of teams)/ Games played at Independence Baseball/ Softball Complex/ Register as a team with a manager – Teams are made up of men and women who are at least 18 years old or an HS 2022 graduate, men will hit a 12 inch softball and women will hit a softball of 14 inches and the teams will pose as well as the referee / Register by calling 319-334-6711.


Softball – open to TEAMS in 10U, 12 and 14U divisions with games played on Sundays/ 5 weekends 10 games $400 per team/ Register in your 2022 summer age division/ Game dates will be August 21, 28, September 11, 18, 25 (October 2)/ Registration sheets available at the Complex and the Falcon Civic Center.

Baseball- open to teams ($00 per team) or individuals ($60 per player) Baseball 9U/10U & 11U/12U – 2nd division played on Saturdays/ 5 weekends 10 games/ Register in your age division 2023/ Game dates will be August 20, September 27, 10, 17, 24 (October 1)/ Sign-up sheets available at the Complex and Falcon Civic Center

The Falcon Civic Center gym is available to rent for your child’s birthday party!! We have sports equipment (including basketball, kickball, soccer, wiffleball, football, etc.) available at the front desk for you to play with during your party! Parties can only be scheduled during our normal business hours on Saturday or Sunday. Birthday party rental is $100 for 2.5 hours at the Falcon Civic Center gymnasium. Call 319-334-6711 to reserve.

The River’sEDGE Great Hall is available to rent for gatherings. The cost is $30 per hour/per day with a maximum daily rental fee of $200. If you wish to install the day before your rental, there will be an additional $50. Tenants are responsible for installation, dismantling and cleaning. Call Lucas at 319-332-1525 to discuss options, take a tour or to book your rental.

RV CAMPGROUND – Call 319-334-6711 or 319-440-0472 to BOOK

Youth baseball and softball tournaments will be held at the Independence Baseball/Softball Complex most weekends this summer. Contact Bob at 319-334-6711 if you have a team and want more information.

Branching Out is a great community improvement program ~ Volunteer today!!

Park shelters including the Aquatic Center Party Shelter and Community Band Shell are available for community use!!

Community gardens located in the community orchard and available for rent – ASK US ABOUT THESE!!!

Best Airline to Fly and Book Hotel in Milan Italy https://apartman-beograd.com/best-airline-to-fly-and-book-hotel-in-milan-italy/ Tue, 28 Jun 2022 20:46:27 +0000 https://apartman-beograd.com/best-airline-to-fly-and-book-hotel-in-milan-italy/
Courtesy of Galleria Vik Milano

There is hardly an Instagram versus reality paradigm more stark than that of international travel. On
the grid, you are bright, carefree, giving off the energy of the main character. Every hour is a golden hour. All too often, however, the reality is a little darker.

To United States, we strive to make every moment effortless chic – even with red eyes, and especially when visiting our hometown of Milan. So the news that a longtime staple for frequent travelers to the continent, La Compagnie, has launched a business class flight to Italy’s fashion capital has us racing to book a flight – and a room. hotel (at the gorgeous, 5-star Galleria Vik Milano, of course).

The Company was first launched in 2014, serving New York to Paris with seasonal flights from New York to Nice. In April, it expanded its route from New York (Newark International Airport) to Milan (Milan Malpensa Airport) by offering five weekly flights (Thursday to Monday) departing at 9:40 p.m. on the new A321neo aircraft with 76 seats- full beds.

Courtesy of The Company

Paris and Milan are an obvious pairing for anyone who has moved through the fashion week calendar. However, the company’s decision to expand to an Italian destination was actually the result of creative thinking inspired by the pandemic. The airline’s planes were grounded for 15 months during the pandemic until June 2021, when the European Union reopened its borders to Americans.

“We thought it was a bit risky to operate two flights a day from Paris to New York, which was our business model before COVID-19, because we knew that the volume of traffic between Paris and Europe would not would not completely return to normal and we would have to wait until 2023 or 2024 to return to the figures of 2019”, declared Anne Crespo, marketing and communication manager of La Compagnie. United States.

“We started to see where our business class product would have strong appeal,” Crespo said, adding that New York to Milan is the third most popular route for business class traffic, behind Paris and London. (The European airline can’t fly from any non-EU country to the US, and post-Brexit which includes the UK.) “Basically the numbers were telling us, Milan has lots of business class traffic.”

Crespo said two other factors led to the expansion of the Milan line: the lack of competition from Italian airlines and the influence of the city’s fashion. “During COVID, Air Italy collapsed and Alitalia switched to ITA,” Crespo explained. “In terms of competitors, there were only US airlines and Emirates and there was room for another operator in the business class travel market.”

Like the other La Compagnie lines, Milan is a sustainable destination for the jet set. “Since day one, La Compagnie flyers have been people in the fashion, luxury and arts spaces and Milan has all of those types of people,” Crespo continued.

For this reason, La Compagnie offers all the amenities these travelers expect: access to airport lounges, two free checked bags, 76 cots and fast 10-minute boarding and disembarking processes. “It’s not a private jet, but it feels like a private environment,” Crespo explained.

On board, passengers are greeted with a glass of champagne before take-off before connecting to the free (and fast) Wi-Fi to work en route. Meanwhile, they’re treated to high-end skincare products and menus crafted by Michelin-starred chefs.

Courtesy of The Company

All La Compagnie flights offer these amenities, but for the Milan route, the airline has partnered with Italian brands, including skincare products from Parma-based sustainable beauty brand Comfort Zone, menus from chefs Isabella Potì and Floriano Pellegrino of the Bros restaurant in Lecce, and the Lorenzo Cogo restaurants in Vicenza, El Coq and Dama, in Venice. The drinks on offer are made with grape varieties from Italian organic vineyards.

“We tried to avoid being ‘the French who go to Italy’, so we changed our partnership and collaborated with Italian brands. We also created a coffee menu, because we felt it was very important for Italian culture, which is crazy about coffee,” Crespo said.

The one thing that will remain the same, however, is the French flight crew and pilots – all of whom have been kept on staff throughout the pandemic. “We never fired anyone during COVID,” Crespo revealed. “Our CEO was very clear that we would keep all the staff and they could fly to Paris and Milan. The good news is that we have a lot of pilots and three or four crew members who speak Italian.

Courtesy of The Company

And after? The company is “definitely” aiming to expand to other routes down the line, but for now it is focused on bringing “the soul of La Compagnie” to a new market. “We are small and we provide privacy for passengers,” Crespo said. “They feel like they belong in our airline. Like they are in the club.

Equally intimate and thoughtful is the artistic enclave that is Milan’s Galleria Vik Milano – a perfect destination for a La Compagnie traveler in Milan. The hotel is located inside the historic Galleria Vittorio Emanuele II, a breathtaking shopping mall with a glass dome designed in 1861 and completed in 1877. The gallery connects the Piazza del Duomo (home to the Cathedral of Milan) at Piazza della Scala (home to the historic La Scala Theatre). (The Galleria itself is home to a historic landmark dear to fashionphiles: the very first Prada store, opened in 1913.)

This is a truly incomparable location for a boutique hotel. Indeed, when the owners of Vik Retreats, husband and wife duo Alex and Carrie Vik, learned that the TownHouse Galleria hotel property was up for sale, they were immediately “intrigued”. They wanted to open a hotel in a city and Milan “made sense”.

Courtesy of Galleria Vik Milano

Although the TownHouse was labeled a 5-star, “it wasn’t a particularly inspiring hotel,” says Carrie. “There was no art, there was no interesting furniture. All the walls were painted the same color on all five floors, but the architecture was extraordinary.

A true diamond in the rough, the property will soon join Vik’s portfolio alongside five properties in South America, all created to showcase remarkable art and design from around the world. Of course, a substantial renovation came first.

“Our projects are ‘love projects’. We do them because we love art, design and architecture, and we love being creative,” Carrie said. United States. “We built all of our other projects from scratch, but this was going to be something we were going to inherit. And inheriting a hotel in a historical monument was really appealing.

Courtesy of Galleria Vik Milano

The bones of the structure were intact, but Carrie and Alex undertook a major renovation to make the space more functional with the help of architect Marcelo Daglio, who helped with the expansion and reworked the 58-room layout at 89.

Today, the bedrooms on the second level feature double-height ceilings and loft-like spaces with living areas under the beds accessible by a staircase. Third floor rooms have balconies overlooking the Galleria, while the fifth floor is located above the Galleria structure and has comfortable outdoor garden terraces.

Courtesy of Galleria Vik Milano

Carrie found the variety of rooms “truly inspiring” and gave the space the Vik Resort signature by making each space totally unique through unique art and decor. Two Italian art curators helped bring in artists from Uruguay, Italy, and other countries around the world to create site-specific installations in the halls, corridors, and gathering spaces. Even some of the bathrooms feature site-specific art installations or outstanding marble design.

Courtesy of Galleria Vik Milano

“They’ve all been really committed to the project,” said Carrie of Vik staff. “A lot of artists have come and stayed for long periods of time as they created their spaces, so you feel that passion and the creative energy that was put into it by all of these artists. It’s not just us who let’s put paintings and hang them on the wall.It’s about involving the artists and collaborating with them.

One of the hotel’s most striking works of art can be found in the lobby, with a bronze cast of Auguste Rodin’s famous sculpture, The Thinker, in monumental scale to greet guests. It is surrounded by a dry fresco covering the walls and ceiling which features eight mythological figures holding the world by Italian artist Alex Folla. “I think it’s a great way to get to Milan because you’re completely absorbed in this world of Italian Renaissance art with a modern twist,” Carrie said. “It’s really inspired.”

Courtesy of Galleria Vik Milano

The hotel opened in November 2019 and hit full steam with full occupancy by February 2020 Fashion Week, but was forced to close at the onset of the pandemic. After a brief reopening in 2020, it closed again in the second wave and has remained open — finally — since March 2021.

“We felt we had to be open because we were the new hotel and nobody knew us,” Carrie explained. “We had to get our name out there because we just never really had the opportunity to do that before the pandemic.”

The hotel has two restaurants: Pellico Otto is open daily for breakfast, lunch, aperitifs and dinner. It doubles as an art gallery with many works by artists represented at Galleria Vik Milano throughout the space. The roof houses a pizzeria, I Dodici Gatti.

Courtesy of Galleria Vik Milano

Equally delectable is the art that covers every inch of the property — from the hallway murals to the breakfast view overlooking the Galleria. Yet Carrie is the first to acknowledge that Galleria Vik Milano “is not a hotel for everyone”.

“We are not a cookie-cutter hotel, and some people want a cookie-cutter hotel. They want to know that when they walk into the room, there will be the desk in the corner, a TV, and the same amenities everywhere you go. We are not like that,” she said. “Each room has different furniture. Most rooms don’t have a TV. It’s not our brand.

While customers may request a television, the aim here is to help customers immerse themselves in a world of design, architecture, style and history. What could be more effortlessly chic, more Milano than that?

Necklaces: The increase in the prices of building materials and utilities, as well as measures to align with ESG requirements https://apartman-beograd.com/necklaces-the-increase-in-the-prices-of-building-materials-and-utilities-as-well-as-measures-to-align-with-esg-requirements/ Tue, 28 Jun 2022 11:34:37 +0000 https://apartman-beograd.com/necklaces-the-increase-in-the-prices-of-building-materials-and-utilities-as-well-as-measures-to-align-with-esg-requirements/

In a volatile environment generated by rising prices for building materials and utilities, rising inflation, as well as the border dispute and the effects of the pandemic, the local real estate market could still see an increase in value. listing of commercial real estate such as shopping malls, office buildings and logistics centers in the short to medium term, according to consultants at Colliers.

Investor interest in retail products has grown steadily over the past year, focusing on various product categories, such as business parks or shopping malls, shopping malls in secondary cities tertiary to be repositioned, or boxes rented to supermarkets or DIY. Malls are not available in the market for trading, so investors have turned to similar alternative products. However, Colliers’ consultants estimate high interest in any such property that may be available on the market.

The elimination of rent discounts following COVID restrictions has an impact of up to 0.5% on the evolution of shopping center market values, Colliers consultants show, with the positive trend also supported by revenue-based rentals. Although INSSE data shows an 8% increase in retail sales in the first quarter of this year compared to the same period last year, the increase in percentage rent income in large shopping centers has been higher, showing a return even higher than the figures for 2019. Thus, in the short term, we can speak of an increase in the value of commercial properties, but it remains to be analyzed how consumption will influence the end of the year, when the effects of the economic squeeze will be felt more strongly.

“Other important factors that can change the value of shopping center properties relate to changes in lending, interest rates, inflation and utility costs. Consumer credit rose in the first quarter of this year by around 12% compared to the same period last year, which would be almost in line with inflation. The 3-month ROBOR has also increased this year from 3.19% to 5.5% and bank rates are expected to rise further in the near future, which could put additional pressure on lending and consumption. But most likely the increase will be gradual, with effects visible late this year or early next year,” says Raluca Buciuc, Director and Partner of Assessment and Advisory Services at Colliers.

In Romania, excluding volatile and controlled prices, such as food and energy, the core inflation rate is 6-7%, and this high value suggests long-term effects, Colliers consultants point out, adding that the inflation rate will hardly return to the level of the pre-pandemic period, which will again affect consumption.

“The sustainability of the transfer of inflation in the indexation of rents remains under discussion, especially since the cost of utilities has also increased significantly. It remains difficult to estimate how much they will impact the level of sales of a shopping center, but these two elements also influence the cost of money over time, the country risk, which can have a negative impact up to at 2-3% in the value of the property”, adds Gabriela Bosînceanu – Otea, Associate Director Valuation and Advisory Services at Colliers.

In addition, in the next 2-3 years, commercial, office and industrial property owners will also have additional expenditure to align with the requirements of ESG in Europe, which ensures that environmental, social and of governance are respected.

Modern office buildings will be more competitive, with better occupancy rates and stable rents

Rising construction costs will also influence how quickly new office projects get to market, with many developers preferring to delay construction to see how much of the extra cost can be absorbed by higher rents, Colliers consultants note. Thus, the market value of buildings will begin to differentiate even more, fluctuating within fairly generous margins. Specifically, while in the Floreasca-Barbu Vacarescu area values ​​can exceed 3,000 euros per leasable square meter for buildings less than 5 years old, in the emerging Center-West area values ​​average 2,500 euros per square meter lettable.

“The level of annual deliveries, against the backdrop of rising construction costs and general uncertainty, is expected to halve over the next 2-3 years, starting this year when around 130,000 square meters of offices could be delivered.Thus, the vacancy rate will be absorbed differently depending on the type of building, which will create a growing gap between recent buildings, located in good areas with superior technical specifications and constant investments in the improving the performance of buildings, and older ones, located in outlying areas, in which insufficient investment has been made to directly compete with the first category.If the slowdown in deliveries can be perceived as market stagnation, the moment is conducive to delivering new buildings or repositioning existing ones, particularly in the context of redefining office layouts”, d says Anca Baldea, Director in Colliers’ Valuation & Advisory Services Department.

An additional new differentiator in the office market is related to the adaptability of buildings to ESG. In the case of older buildings, Colliers consultants point out, the investment required to meet specific standards could be far too high compared to the market value of the building, based on current leases, and difficult to cover any future rent increases. As a result, prime buildings will have better occupancy rates and a higher and more stable level of rent. Colliers consultants are already noticing that in some areas there is a shift from a renter’s market to a landlord’s market, with gross rents increasing in some cases by 5-7%, despite the fact that there has been an overall decline 10% of actual rents on the Bucharest market.

The logistics and industrial market could lose its competitiveness against regional markets due to high costs of materials and utilities

Romania’s stock of modern industrial and logistics space, which could soon exceed 6 million square meters, has more than doubled over the past 5 years, but on a per capita basis, there is still a significant gap between Romania and other markets in ‘Central Europe. As a result, there is potential for further development of these properties, Colliers consultants point out.

The rapid growth observed in construction prices and utility costs puts pressure on rent levels for newly built facilities and may lead to reduced competitiveness with neighboring countries that will offer higher subsidies or not participate. to the same extent to the application of economic sanctions to Russia, such as Serbia and Hungary.

“However, the outlook for the Romanian industrial and logistics market is very optimistic about the opportunity for Romania to become a regional center for the Balkans (Serbia, Bulgaria, Bosnia and Herzegovina, Macedonia, Montenegro, Albania and even Greece) and e-commerce remains an important driver of future demand for industrial and logistics space, as it requires greater storage volume.An opportunity for growth is also the relocation of production facilities from China, due from rising labor and transportation costs, and more recently from Russia and Ukraine due to war,” adds Mihai Pană, Director of Valuation and Advisory Services at Colliers.

In the short term, the consultants at Colliers believe that the shifts in values ​​driven by both opportunities and challenges appear to be balanced, but in the medium to long term, it remains to be seen how these challenges will materialize in the economy. In addition, commercial building owners increasingly need to align with European ESG requirements. For starters, this alignment will involve additional investment with the goal of reducing carbon footprint and sustainable energy use, which could be recouped within 3-4 years by lowering utility costs and selling electricity. additional energy obtained.

Colliers consultants point out that it is difficult to estimate the impact on the value of real estate, but that over time, non-alignment with new European ESG requirements could influence the commercialization of real estate as well as the main factors contributing to the market value of real estate, such as higher vacancy rates, higher capitalization rates or lower rents.

SUNSTONE HOTEL INVESTOR PROGRAM – GuruFocus.com https://apartman-beograd.com/sunstone-hotel-investor-program-gurufocus-com/ Mon, 27 Jun 2022 21:02:45 +0000 https://apartman-beograd.com/sunstone-hotel-investor-program-gurufocus-com/

IRVINE, Calif., June 27, 2022 /PRNewswire/ — Sunstone Hotel Investors, Inc. (the “Company” or “Sunstone”) (NYSE: SHO), the owner of Long-Term Relevant Real Estate® in the hospitality industry, announced that it will report the financial results for the second quarter of 2022 on Wednesday, August 3, 2022, before the opening of the market. Management will hold its quarterly conference call on the same day, at 12:00 p.m. Eastern Time (9:00 a.m. Pacific Time).

A live webcast of the call will be available in the Investor Relations section of the Company’s website at www.sunstonehotels.com. A replay of the webcast will also be archived on the website. Alternatively, interested parties can dial 1-888-330-3573 and reference conference ID 4831656 to listen to the call live.

About Sunstone Hotel Investors:

Sunstone Hotel Investors, Inc. is a real estate investment trust (“REIT”). Sunstone’s strategy is to create long-term stakeholder value through the acquisition, active ownership and disposition of hotels that qualify as Long-Term Relevant Real Estate®. For more information, please visit Sunstone’s website at www.sunstonehotels.com.

For more information :

Aaron Reyes
Financial director
Sunstone Hotel Investors, Inc.
(949) 382-3018

View original content: https://www.prnewswire.com/news-releases/sunstone-hotel-investors-schedules-second-quarter-2022-earnings-release-and-conference-call-301576030.html

SOURCESunstone Hotel Investors, Inc.

Wix is ​​relaunching its solution for https://apartman-beograd.com/wix-is-relaunching-its-solution-for/ Mon, 27 Jun 2022 13:55:32 +0000 https://apartman-beograd.com/wix-is-relaunching-its-solution-for/

The new platform provides a complete solution for all types of accommodations to manage and grow their hotel business online

NEW YORK, June 7, 2022 /PRNewswire/ — Wix.com Ltd. (NASDAQ: WIX), a leading global SaaS platform for creating, managing and growing an online presence, today announced the relaunch of its new solution for the hospitality industry. Wix has partnered with HotelRunner, a comprehensive platform designed to support all accommodation businesses, to re-develop Wix Hotels. The new platform is a major enhancement to the existing solution and includes a full suite of business tools for every touchpoint needed to launch, manage and grow any size hospitality business and maximize revenue.

Wix’s comprehensive online platform, combined with HotelRunner’s end-to-end travel technology, allows users to build a website, manage their property, guests, reservations, and sales channels from from a single platform. Whether they run a bed and breakfast, boutique hotel, hotel chain, vacation rental, resort, or single lodging, business owners are equipped with the operational tools they need to effectively manage their business online and on-site.

Benefits for Wix Hotels by HotelRunner users include:

  • Connect to major online sales channels and travel agencies such as Booking.com, Expedia, Hotelbeds and Airbnb, which can help increase revenue
  • Receive direct bookings and secure payments from their website
  • Manage rates and availability with easy-to-use calendars on one reliable platform to manage reservations and synchronize all inventory while implementing complex pricing and revenue management strategies
  • Real-time inventory updates across all sales channels
  • Manage front desk operations including check-ins and check-outs
  • Manage policies and taxes, offer extras, promotions, offers and coupons, interact with customers and promote their property across sales channels through the channel manager

“We are constantly improving our offering to provide business owners with a complete solution for any type of business, and we are excited to relaunch our hotel solution for the hospitality and tourism industry,” said Ronny El KayamPlease Mobile, App market and strategic products at Wix. “As travel has begun to increase in the post-pandemic era, we are seeing an increase in demand for digitalization in the hotel and hospitality industry and we are proud to have developed a solid solution for these companies and to develop addressable Wix has invested resources in building the right infrastructure to support private businesses and large franchises, for both restaurants and hotels, and this new partnership with HotelRunner is another step in creating the go-to solution for businesses to efficiently manage their operations and grow.”

“HotelRunner has been pioneering innovations for over a decade to create a greater travel economy. Wix Hotels by HotelRunner was developed by leveraging both companies’ deep expertise in travel and technology and positioning our platform -award-winning form, globally recognized by major players in the travel industry as its foundation,” said Ali Beklen, Co-Founder and Managing Partner of HotelRunner. “Our unique partnership with Wix will be the driving force that will drive hospitality and tourism industries to the next level by accelerating digital transformation. Thousands of accommodation properties around the world will benefit from an affordable and comprehensive set of products, thanks to the new Wix Hotels by HotelRunner,” added Arden Agopianco-founder and managing partner of HotelRunner.

Wix Hotels by HotelRunner is in beta with a gradual rollout in English first, followed by other languages. Existing users of the Wix Hotels solution will switch to the new solution after the beta release. To sign up for the beta, click here.

About Wix.com Ltd.

Wix is ​​a leading platform for creating, managing and growing a digital presence. What started as a website builder in 2006 is now a comprehensive platform providing users with enterprise-grade performance, security, and reliable infrastructure. Offering a wide range of business and commerce solutions, advanced SEO and marketing tools, Wix empowers users to have full ownership of their brand, data, and customer relationships. With a focus on continuous innovation and the delivery of new features and products, anyone can create a powerful digital presence to achieve their dreams on Wix.

To learn more about Wix, please visit our newsroom
Contact person for media relations: [email protected]

About HotelRunner

HotelRunner is a unified SaaS sales, operations and distribution management platform and B2B network for accommodations, travel agencies and payment providers. HotelRunner has thousands of accommodation partners and travel agencies worldwide. HotelRunner is a Premier Booking.com Connectivity Partner, Expedia Elite Connectivity Partner, Airbnb Software Partner, Agoda Innovative Provider, Oracle Gold, Hotelbeds and Google Hotel Ads Strategic Partner.

To learn more about HotelRunner, please visit our website.
Contact person for media relations: [email protected]


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SOURCE Wix.com Ltd.

Seven AEW and New Japan matches can book for Forbidden Door 2 https://apartman-beograd.com/seven-aew-and-new-japan-matches-can-book-for-forbidden-door-2/ Mon, 27 Jun 2022 05:11:00 +0000 https://apartman-beograd.com/seven-aew-and-new-japan-matches-can-book-for-forbidden-door-2/

AEW’s first crossover with New Japan Pro-Wrestling, forbidden door, is officially on the books. But going into the night, the big elephant in the room was all the stars that the show was missing. Due to various injuries or circumstances, CM Punk, Kenny Omega, Bryan Danielson, Kota Ibushi, The Lucha Brothers, Andrade El Idolo, Hiromu Takahashi, The Hardys, reDRagon, Jungle Boy, Scorpio Sky and Buddy Matthews were all out of the game. map. The injury bug even appeared during the show itself, with Dax Harwood and Adam Cole both appearing to come out of their respective matches banged up.

But, as Tony Khan confirmed in both an interview with ComicBook and on Friday’s media conference call, the two companies are already talking about a Forbidden Door II event sometime in 2023. In a perfect world, both companies would have their full-strength comeback rosters by then and the map could be monstrous. Here are seven games that could happen if everyone is healthy next year.

CM Punk vs. Will Ospreay

(Picture: AEW)

Punk had his main AEW World Championship match taken away for this year’s Forbidden Door, but hopefully he’ll be healthy for the next event. One of the wrestlers who was calling Punk even before his return to AEW was Will Ospreay, who had a standout performance against Orange Cassidy and could be re-inserted into the IWGP World Heavyweight Championship picture at any time. A match for either championship would instantly make for a solid main event.

But in case that doesn’t happen…

Previous Next

Kenny Omega vs. Kazuchika Okada

(Photo: New Japan)

It can be argued that Omega’s initial match against Okada was the first domino to fall in a series of events that led to the creation of AEW, New Japan’s American fandom, and the Forbidden Door event. The two have only wrestled one-on-one four times, with Kenny Omega tying the streak by ultimately winning the IWGP Heavyweight Championship at Dominion 2018. If Omega is healthy, arguably Omega vs. Okada V is the biggest game of the two companies. could possibly book.

Previous Next

Bryan Danielson vs. Zack Saber Jr.

(Picture: AEW)

The world was deprived of a technical masterclass between Danielson and ZSJ this year. And while Claudio’s arrival as Danielson’s handpicked replacement lived up to the hype, “The American Dragon” has already made it clear that he still wants the matchup with Zack.

Previous Next

Blackpool Combat Club v Los Ingobernables de Japon

(Picture: AEW)

Aside from Shingo Takagi, one of New Japan’s most popular factions was completely absent from Sunday’s show. Pairing them up for a multi-man faction battle against the Blackpool Combat Club could easily steal the show.

Previous Next

Darby Allin vs. Sammy Guevara vs. Taiji Ishimori vs. Kushida

(Picture: AEW)

In addition to LIJ’s absence, having virtually no New Japan Junior Division presence felt bad. A quadruple with two of AEW’s best stealers in Darby and Sammy against the best of the Juniors (Hiromu Takahashi and El Desperado could also fit in here) would make for a great Junior Heavyweight Championship matchup.

Previous Next

Jon Moxley vs. Jay White

Moxley and White came out as world champions at the end of Forbidden Door and they haven’t wrestled in any capacity in almost three years. White has evolved tremendously during this time and a program between the two could legitimately dominate both companies for an entire summer.

Previous Next

Kota Ibushi vs. MJF

(Photo: TBS)

MJF was deliberately left out Forbidden Door because of his ongoing storyline and he has gone public in the past that he doesn’t care about New Japan’s style of wrestling. But assuming he’s back in the fold next year, it would be wonderfully poetic to pair him with someone who epitomizes the modern Japanese style of wrestling in Ibushi. Hopefully the issues each man seems to be having with their respective businesses can be sorted out by then.


A hotel chain sells its business in Peshawar https://apartman-beograd.com/a-hotel-chain-sells-its-business-in-peshawar/ Sun, 26 Jun 2022 04:35:39 +0000 https://apartman-beograd.com/a-hotel-chain-sells-its-business-in-peshawar/


The management of a five-star hotel chain in Pakistan has announced the sale of one of its well-run establishments in Peshawar to a local buyer apparently to reduce its liabilities, which have grown more than assets, and at a time when another similar project is nearing completion in the same city.

“The Board of Directors has given its approval for the execution of the sale of business agreement for the disposal of its hotel property, namely, Pearl Continental Hotel, Peshawar,” the company secretary Pakistan Service said. Limited (PSL), Mansoor Khan, in a notification to the Pakistan Stock Exchange.

“We have reached an initial agreement to sell it to a local buyer,” said a senior official from PSL – the owners and operators of the five-star hotel chain. The Grandstand Express.

It is not yet known who the buyer is. “We will release the buyer’s name once we sign a final sales agreement,” he said.

Another manager said it was a good business establishment. “Its occupancy rate stands at 81% as of today (Saturday).”

“The hotel is mainly used by staff from different airlines as it is a 15 minute drive from Peshawar airport,” he said.

“Meanwhile, an advanced five-star hotel (and shopping mall) project, namely PC Zaver Hotel, is nearing completion in Hayatabad, Peshawar,” he said.

“The company’s current liabilities exceed current assets (excluding non-current assets held for sale) by Rs 5.87 billion as of March 31, 2022,” according to PSL’s latest financial statement for the nine months ended March 31. March 2022.

The company’s operations have been affected by the lockdown and government measures in response to the Covid-19 outbreak in previous years, which resulted in the closure of hotel properties from March 2020 to August 2020, a he added.

During the nine-month period, room revenue (net) (occupancy) was recorded at 3.72 billion rupees compared to 2.24 billion rupees for the corresponding period last year, the statement said, alluding to a recovery in the room occupancy rate.

PSL posted a net profit of Rs 996.48 million in nine months (July-March FY22) compared to a loss of Rs 178.21 million in the same period last year.

Commenting on the business outlook, the report states that the increase in economic and tourism activities is expected to have a positive impact on business activities in Pakistan, and the company being a leader in Pakistan’s hospitality industry will certainly reap future business opportunities. .

Restrictions on travel and tourism have also been eased, sports activities are back in Pakistan and the Australian cricket team has just completed its tour of Pakistan, according to the report.

Published in L’Express Tribune, June 26e2022.

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