Lushhomemedia

Archive for May 20th, 2008

Fancy Aguilera’s home? Price: US$8m

Posted by luxuryasiahome on May 20, 2008

ANN BRENOFF provides the lowdown on hot celebrity properties on sale in the Los Angeles area

THERE’S nothing like new motherhood to get you thinking about the nest, which may explain why singer-songwriter Christina Aguilera, whose son was born in January, has listed her Hollywood Hills home for US$7,995,000.

Or maybe it’s just time to change houses, the way she changes her siren looks.

The architectural Midcentury sure sounds like an adult’s toy box: it has a gym, a pool and a 12-person spa with a fireplace. There’s also a professional screening room that seats 18. At 1,200 square feet, the master bedroom is bigger than many Manhattan apartments. The house is set high enough in the hills to enjoy jetliner views. There are five bedrooms and seven bathrooms in 6,500 sq ft, and it all sits at the end of a cul-de-sac.

Is it baby-friendly? Uh, not really.

But not to fear that the Latin goddess of song will be homeless.

Last summer, the multi-Grammy-winning Aguilera and her husband, music marketer Jordan Bratman, bought Ozzy and Sharon Osbourne’s former house in Beverly Hills for US$11.5 million. It has six bedrooms and 10 bathrooms in 11,500 sq ft.

Aguilera, 27, known for her powerful voice and platinum-blond sexpot image, made her TV debut on Star Search before she was 10, followed by The New Mickey Mouse Club at age 12. She has since sold more than 30 million albums worldwide.

Jake’s parents’ home

Does the fact that Brokeback Mountain star Jake Gyllenhaal, 27, may be a boomerang kid who sometimes stays with his parents make you love him any less? Me neither.

Between trips to New York and Cabo with Reese Witherspoon, the Oscar-nominated actor just may be stumbling around in his jammies at the Hollywood Hills home owned by his parents, Stephen Gyllenhaal and Naomi Foner.

Our ‘I saw evidence of Jake’ spotter toured the five-bedroom, three-bathroom, 3,000 sq ft home that is listed for sale. The asking price has dropped from US$4.2 million to US$3,795,000 – sounds like they’re getting serious after three months on the market.

The listing agent says Jake doesn’t live there – part time or otherwise – and points instead to the ‘modern light-filled design with an expansive fully equipped cook’s kitchen’ as a selling point. (Note to agent: Saying ‘come take a look and you might see Jake’ is a bigger lure.)

Anyway, the outdoor area was designed by landscape-designer- to-the-stars Jay Griffith. The property is almost an acre; the house sits way down a long driveway and juts out on a promontory from which there are magnificent city views.

Van Halen properties

Don’t you just love ageing rockers? Especially when they are good to their mothers? Just last month, Tiger Woods introduced Van Halen as ‘one of the greatest bands in history’. (Okay, the band was performing at a fundraiser for the Tiger Woods Foundation, but still.) The band, around since 1972 in various incarnations, also has some real estate news to report.

First, there’s Mom’s house.

Rocker Eddie Van Halen and his brother, drummer Alex, sold a house for US$1.5 million that they had bought for their mother in the Summit area of Beverly Hills, according to public records. They paid US$688,000 for it in 1987; their mother, Eugenia, died in 2005 at age 89. It had been listed at US$2.2 million.

Then, in other Van Halen real estate news, Kelly Van Halen, Alex’s second ex-wife, is selling her home in LA’s Encino neighbourhood for US$4,495,000.

The French Country estate has 6,900 sq ft, which includes five bedrooms, seven bathrooms and a wisteria-covered gated entrance.

The two-storey entry has a sweeping staircase and screams ‘old-world charm’. The chef’s kitchen has Carrera marble countertops and a centre island, Viking professional stainless-steel appliances and a separate breakfast room.

There’s a library, four fireplaces, and a stone-edge Pebble Tec swimming pool.

Hockey star’s town house

Googling Ken Belanger is like scanning the programme for Friday Night Fights: ‘Ken Belanger Hits Ulf Samuelsson’, ‘Ken Belanger KOs Brad Brown’. The former National Hockey League player’s legendary fights are all over YouTube.

Belanger is selling his Manhattan Beach town house for US$1,125,000.

The listing agent, Ed Kaminsky of SportStar Relocation in Manhattan Beach, assures us that there are no holes punched in the walls of the 1,876 sq ft, two-level home. The same cannot be said for some of Belanger’s hockey opponents.

The three-bedroom, three- bathroom home is in a gated community south of LA and has wide-open greenbelt views. The unit has two master suites, an updated kitchen and a large patio area. Belanger, 34, began his NHL career with the Toronto Maple Leafs in 1994. He also played for the New York Islanders and the Boston Bruins, and joined the Los Angeles Kings in 2001. He retired in 2006.

Calling buyers

Aaron Kamin – guitarist, songwriter and a founding member of the MTV award-winning band, the Calling – has listed his Studio City home for sale for US$1,199,000.

The two-storey house in the San Fernando Valley has three bedrooms and three bathrooms in 2,250 sq ft. There are hardwood floors, a covered patio and views of the mountains.

The Calling, which started out as an LA garage band, won the MTV Europe Music Award for best new band. The group is taking a hiatus. — LAT-WP

Source : Business Times – 20 May 2008

Posted in General | Tagged: , , , , , , , , | Leave a Comment »

Fancy Aguilera’s home? Price: US$8m

Posted by luxuryasiahome on May 20, 2008

ANN BRENOFF provides the lowdown on hot celebrity properties on sale in the Los Angeles area

THERE’S nothing like new motherhood to get you thinking about the nest, which may explain why singer-songwriter Christina Aguilera, whose son was born in January, has listed her Hollywood Hills home for US$7,995,000.

Or maybe it’s just time to change houses, the way she changes her siren looks.

The architectural Midcentury sure sounds like an adult’s toy box: it has a gym, a pool and a 12-person spa with a fireplace. There’s also a professional screening room that seats 18. At 1,200 square feet, the master bedroom is bigger than many Manhattan apartments. The house is set high enough in the hills to enjoy jetliner views. There are five bedrooms and seven bathrooms in 6,500 sq ft, and it all sits at the end of a cul-de-sac.

Is it baby-friendly? Uh, not really.

But not to fear that the Latin goddess of song will be homeless.

Last summer, the multi-Grammy-winning Aguilera and her husband, music marketer Jordan Bratman, bought Ozzy and Sharon Osbourne’s former house in Beverly Hills for US$11.5 million. It has six bedrooms and 10 bathrooms in 11,500 sq ft.

Aguilera, 27, known for her powerful voice and platinum-blond sexpot image, made her TV debut on Star Search before she was 10, followed by The New Mickey Mouse Club at age 12. She has since sold more than 30 million albums worldwide.

Jake’s parents’ home

Does the fact that Brokeback Mountain star Jake Gyllenhaal, 27, may be a boomerang kid who sometimes stays with his parents make you love him any less? Me neither.

Between trips to New York and Cabo with Reese Witherspoon, the Oscar-nominated actor just may be stumbling around in his jammies at the Hollywood Hills home owned by his parents, Stephen Gyllenhaal and Naomi Foner.

Our ‘I saw evidence of Jake’ spotter toured the five-bedroom, three-bathroom, 3,000 sq ft home that is listed for sale. The asking price has dropped from US$4.2 million to US$3,795,000 – sounds like they’re getting serious after three months on the market.

The listing agent says Jake doesn’t live there – part time or otherwise – and points instead to the ‘modern light-filled design with an expansive fully equipped cook’s kitchen’ as a selling point. (Note to agent: Saying ‘come take a look and you might see Jake’ is a bigger lure.)

Anyway, the outdoor area was designed by landscape-designer- to-the-stars Jay Griffith. The property is almost an acre; the house sits way down a long driveway and juts out on a promontory from which there are magnificent city views.

Van Halen properties

Don’t you just love ageing rockers? Especially when they are good to their mothers? Just last month, Tiger Woods introduced Van Halen as ‘one of the greatest bands in history’. (Okay, the band was performing at a fundraiser for the Tiger Woods Foundation, but still.) The band, around since 1972 in various incarnations, also has some real estate news to report.

First, there’s Mom’s house.

Rocker Eddie Van Halen and his brother, drummer Alex, sold a house for US$1.5 million that they had bought for their mother in the Summit area of Beverly Hills, according to public records. They paid US$688,000 for it in 1987; their mother, Eugenia, died in 2005 at age 89. It had been listed at US$2.2 million.

Then, in other Van Halen real estate news, Kelly Van Halen, Alex’s second ex-wife, is selling her home in LA’s Encino neighbourhood for US$4,495,000.

The French Country estate has 6,900 sq ft, which includes five bedrooms, seven bathrooms and a wisteria-covered gated entrance.

The two-storey entry has a sweeping staircase and screams ‘old-world charm’. The chef’s kitchen has Carrera marble countertops and a centre island, Viking professional stainless-steel appliances and a separate breakfast room.

There’s a library, four fireplaces, and a stone-edge Pebble Tec swimming pool.

Hockey star’s town house

Googling Ken Belanger is like scanning the programme for Friday Night Fights: ‘Ken Belanger Hits Ulf Samuelsson’, ‘Ken Belanger KOs Brad Brown’. The former National Hockey League player’s legendary fights are all over YouTube.

Belanger is selling his Manhattan Beach town house for US$1,125,000.

The listing agent, Ed Kaminsky of SportStar Relocation in Manhattan Beach, assures us that there are no holes punched in the walls of the 1,876 sq ft, two-level home. The same cannot be said for some of Belanger’s hockey opponents.

The three-bedroom, three- bathroom home is in a gated community south of LA and has wide-open greenbelt views. The unit has two master suites, an updated kitchen and a large patio area. Belanger, 34, began his NHL career with the Toronto Maple Leafs in 1994. He also played for the New York Islanders and the Boston Bruins, and joined the Los Angeles Kings in 2001. He retired in 2006.

Calling buyers

Aaron Kamin – guitarist, songwriter and a founding member of the MTV award-winning band, the Calling – has listed his Studio City home for sale for US$1,199,000.

The two-storey house in the San Fernando Valley has three bedrooms and three bathrooms in 2,250 sq ft. There are hardwood floors, a covered patio and views of the mountains.

The Calling, which started out as an LA garage band, won the MTV Europe Music Award for best new band. The group is taking a hiatus. — LAT-WP

Source : Business Times – 20 May 2008

Posted in General | Tagged: , , , , , , , , | Leave a Comment »

Fancy Aguilera’s home? Price: US$8m

Posted by luxuryasiahome on May 20, 2008

ANN BRENOFF provides the lowdown on hot celebrity properties on sale in the Los Angeles area

THERE’S nothing like new motherhood to get you thinking about the nest, which may explain why singer-songwriter Christina Aguilera, whose son was born in January, has listed her Hollywood Hills home for US$7,995,000.

Or maybe it’s just time to change houses, the way she changes her siren looks.

The architectural Midcentury sure sounds like an adult’s toy box: it has a gym, a pool and a 12-person spa with a fireplace. There’s also a professional screening room that seats 18. At 1,200 square feet, the master bedroom is bigger than many Manhattan apartments. The house is set high enough in the hills to enjoy jetliner views. There are five bedrooms and seven bathrooms in 6,500 sq ft, and it all sits at the end of a cul-de-sac.

Is it baby-friendly? Uh, not really.

But not to fear that the Latin goddess of song will be homeless.

Last summer, the multi-Grammy-winning Aguilera and her husband, music marketer Jordan Bratman, bought Ozzy and Sharon Osbourne’s former house in Beverly Hills for US$11.5 million. It has six bedrooms and 10 bathrooms in 11,500 sq ft.

Aguilera, 27, known for her powerful voice and platinum-blond sexpot image, made her TV debut on Star Search before she was 10, followed by The New Mickey Mouse Club at age 12. She has since sold more than 30 million albums worldwide.

Jake’s parents’ home

Does the fact that Brokeback Mountain star Jake Gyllenhaal, 27, may be a boomerang kid who sometimes stays with his parents make you love him any less? Me neither.

Between trips to New York and Cabo with Reese Witherspoon, the Oscar-nominated actor just may be stumbling around in his jammies at the Hollywood Hills home owned by his parents, Stephen Gyllenhaal and Naomi Foner.

Our ‘I saw evidence of Jake’ spotter toured the five-bedroom, three-bathroom, 3,000 sq ft home that is listed for sale. The asking price has dropped from US$4.2 million to US$3,795,000 – sounds like they’re getting serious after three months on the market.

The listing agent says Jake doesn’t live there – part time or otherwise – and points instead to the ‘modern light-filled design with an expansive fully equipped cook’s kitchen’ as a selling point. (Note to agent: Saying ‘come take a look and you might see Jake’ is a bigger lure.)

Anyway, the outdoor area was designed by landscape-designer- to-the-stars Jay Griffith. The property is almost an acre; the house sits way down a long driveway and juts out on a promontory from which there are magnificent city views.

Van Halen properties

Don’t you just love ageing rockers? Especially when they are good to their mothers? Just last month, Tiger Woods introduced Van Halen as ‘one of the greatest bands in history’. (Okay, the band was performing at a fundraiser for the Tiger Woods Foundation, but still.) The band, around since 1972 in various incarnations, also has some real estate news to report.

First, there’s Mom’s house.

Rocker Eddie Van Halen and his brother, drummer Alex, sold a house for US$1.5 million that they had bought for their mother in the Summit area of Beverly Hills, according to public records. They paid US$688,000 for it in 1987; their mother, Eugenia, died in 2005 at age 89. It had been listed at US$2.2 million.

Then, in other Van Halen real estate news, Kelly Van Halen, Alex’s second ex-wife, is selling her home in LA’s Encino neighbourhood for US$4,495,000.

The French Country estate has 6,900 sq ft, which includes five bedrooms, seven bathrooms and a wisteria-covered gated entrance.

The two-storey entry has a sweeping staircase and screams ‘old-world charm’. The chef’s kitchen has Carrera marble countertops and a centre island, Viking professional stainless-steel appliances and a separate breakfast room.

There’s a library, four fireplaces, and a stone-edge Pebble Tec swimming pool.

Hockey star’s town house

Googling Ken Belanger is like scanning the programme for Friday Night Fights: ‘Ken Belanger Hits Ulf Samuelsson’, ‘Ken Belanger KOs Brad Brown’. The former National Hockey League player’s legendary fights are all over YouTube.

Belanger is selling his Manhattan Beach town house for US$1,125,000.

The listing agent, Ed Kaminsky of SportStar Relocation in Manhattan Beach, assures us that there are no holes punched in the walls of the 1,876 sq ft, two-level home. The same cannot be said for some of Belanger’s hockey opponents.

The three-bedroom, three- bathroom home is in a gated community south of LA and has wide-open greenbelt views. The unit has two master suites, an updated kitchen and a large patio area. Belanger, 34, began his NHL career with the Toronto Maple Leafs in 1994. He also played for the New York Islanders and the Boston Bruins, and joined the Los Angeles Kings in 2001. He retired in 2006.

Calling buyers

Aaron Kamin – guitarist, songwriter and a founding member of the MTV award-winning band, the Calling – has listed his Studio City home for sale for US$1,199,000.

The two-storey house in the San Fernando Valley has three bedrooms and three bathrooms in 2,250 sq ft. There are hardwood floors, a covered patio and views of the mountains.

The Calling, which started out as an LA garage band, won the MTV Europe Music Award for best new band. The group is taking a hiatus. — LAT-WP

Source : Business Times – 20 May 2008

Posted in General | Tagged: , , , , , , , , | Leave a Comment »

Fancy Aguilera’s home? Price: US$8m

Posted by luxuryasiahome on May 20, 2008

ANN BRENOFF provides the lowdown on hot celebrity properties on sale in the Los Angeles area

THERE’S nothing like new motherhood to get you thinking about the nest, which may explain why singer-songwriter Christina Aguilera, whose son was born in January, has listed her Hollywood Hills home for US$7,995,000.

Or maybe it’s just time to change houses, the way she changes her siren looks.

The architectural Midcentury sure sounds like an adult’s toy box: it has a gym, a pool and a 12-person spa with a fireplace. There’s also a professional screening room that seats 18. At 1,200 square feet, the master bedroom is bigger than many Manhattan apartments. The house is set high enough in the hills to enjoy jetliner views. There are five bedrooms and seven bathrooms in 6,500 sq ft, and it all sits at the end of a cul-de-sac.

Is it baby-friendly? Uh, not really.

But not to fear that the Latin goddess of song will be homeless.

Last summer, the multi-Grammy-winning Aguilera and her husband, music marketer Jordan Bratman, bought Ozzy and Sharon Osbourne’s former house in Beverly Hills for US$11.5 million. It has six bedrooms and 10 bathrooms in 11,500 sq ft.

Aguilera, 27, known for her powerful voice and platinum-blond sexpot image, made her TV debut on Star Search before she was 10, followed by The New Mickey Mouse Club at age 12. She has since sold more than 30 million albums worldwide.

Jake’s parents’ home

Does the fact that Brokeback Mountain star Jake Gyllenhaal, 27, may be a boomerang kid who sometimes stays with his parents make you love him any less? Me neither.

Between trips to New York and Cabo with Reese Witherspoon, the Oscar-nominated actor just may be stumbling around in his jammies at the Hollywood Hills home owned by his parents, Stephen Gyllenhaal and Naomi Foner.

Our ‘I saw evidence of Jake’ spotter toured the five-bedroom, three-bathroom, 3,000 sq ft home that is listed for sale. The asking price has dropped from US$4.2 million to US$3,795,000 – sounds like they’re getting serious after three months on the market.

The listing agent says Jake doesn’t live there – part time or otherwise – and points instead to the ‘modern light-filled design with an expansive fully equipped cook’s kitchen’ as a selling point. (Note to agent: Saying ‘come take a look and you might see Jake’ is a bigger lure.)

Anyway, the outdoor area was designed by landscape-designer- to-the-stars Jay Griffith. The property is almost an acre; the house sits way down a long driveway and juts out on a promontory from which there are magnificent city views.

Van Halen properties

Don’t you just love ageing rockers? Especially when they are good to their mothers? Just last month, Tiger Woods introduced Van Halen as ‘one of the greatest bands in history’. (Okay, the band was performing at a fundraiser for the Tiger Woods Foundation, but still.) The band, around since 1972 in various incarnations, also has some real estate news to report.

First, there’s Mom’s house.

Rocker Eddie Van Halen and his brother, drummer Alex, sold a house for US$1.5 million that they had bought for their mother in the Summit area of Beverly Hills, according to public records. They paid US$688,000 for it in 1987; their mother, Eugenia, died in 2005 at age 89. It had been listed at US$2.2 million.

Then, in other Van Halen real estate news, Kelly Van Halen, Alex’s second ex-wife, is selling her home in LA’s Encino neighbourhood for US$4,495,000.

The French Country estate has 6,900 sq ft, which includes five bedrooms, seven bathrooms and a wisteria-covered gated entrance.

The two-storey entry has a sweeping staircase and screams ‘old-world charm’. The chef’s kitchen has Carrera marble countertops and a centre island, Viking professional stainless-steel appliances and a separate breakfast room.

There’s a library, four fireplaces, and a stone-edge Pebble Tec swimming pool.

Hockey star’s town house

Googling Ken Belanger is like scanning the programme for Friday Night Fights: ‘Ken Belanger Hits Ulf Samuelsson’, ‘Ken Belanger KOs Brad Brown’. The former National Hockey League player’s legendary fights are all over YouTube.

Belanger is selling his Manhattan Beach town house for US$1,125,000.

The listing agent, Ed Kaminsky of SportStar Relocation in Manhattan Beach, assures us that there are no holes punched in the walls of the 1,876 sq ft, two-level home. The same cannot be said for some of Belanger’s hockey opponents.

The three-bedroom, three- bathroom home is in a gated community south of LA and has wide-open greenbelt views. The unit has two master suites, an updated kitchen and a large patio area. Belanger, 34, began his NHL career with the Toronto Maple Leafs in 1994. He also played for the New York Islanders and the Boston Bruins, and joined the Los Angeles Kings in 2001. He retired in 2006.

Calling buyers

Aaron Kamin – guitarist, songwriter and a founding member of the MTV award-winning band, the Calling – has listed his Studio City home for sale for US$1,199,000.

The two-storey house in the San Fernando Valley has three bedrooms and three bathrooms in 2,250 sq ft. There are hardwood floors, a covered patio and views of the mountains.

The Calling, which started out as an LA garage band, won the MTV Europe Music Award for best new band. The group is taking a hiatus. — LAT-WP

Source : Business Times – 20 May 2008

Posted in General | Tagged: , , , , , , , , | Leave a Comment »

Fancy Aguilera’s home? Price: US$8m

Posted by luxuryasiahome on May 20, 2008

ANN BRENOFF provides the lowdown on hot celebrity properties on sale in the Los Angeles area

THERE’S nothing like new motherhood to get you thinking about the nest, which may explain why singer-songwriter Christina Aguilera, whose son was born in January, has listed her Hollywood Hills home for US$7,995,000.

Or maybe it’s just time to change houses, the way she changes her siren looks.

The architectural Midcentury sure sounds like an adult’s toy box: it has a gym, a pool and a 12-person spa with a fireplace. There’s also a professional screening room that seats 18. At 1,200 square feet, the master bedroom is bigger than many Manhattan apartments. The house is set high enough in the hills to enjoy jetliner views. There are five bedrooms and seven bathrooms in 6,500 sq ft, and it all sits at the end of a cul-de-sac.

Is it baby-friendly? Uh, not really.

But not to fear that the Latin goddess of song will be homeless.

Last summer, the multi-Grammy-winning Aguilera and her husband, music marketer Jordan Bratman, bought Ozzy and Sharon Osbourne’s former house in Beverly Hills for US$11.5 million. It has six bedrooms and 10 bathrooms in 11,500 sq ft.

Aguilera, 27, known for her powerful voice and platinum-blond sexpot image, made her TV debut on Star Search before she was 10, followed by The New Mickey Mouse Club at age 12. She has since sold more than 30 million albums worldwide.

Jake’s parents’ home

Does the fact that Brokeback Mountain star Jake Gyllenhaal, 27, may be a boomerang kid who sometimes stays with his parents make you love him any less? Me neither.

Between trips to New York and Cabo with Reese Witherspoon, the Oscar-nominated actor just may be stumbling around in his jammies at the Hollywood Hills home owned by his parents, Stephen Gyllenhaal and Naomi Foner.

Our ‘I saw evidence of Jake’ spotter toured the five-bedroom, three-bathroom, 3,000 sq ft home that is listed for sale. The asking price has dropped from US$4.2 million to US$3,795,000 – sounds like they’re getting serious after three months on the market.

The listing agent says Jake doesn’t live there – part time or otherwise – and points instead to the ‘modern light-filled design with an expansive fully equipped cook’s kitchen’ as a selling point. (Note to agent: Saying ‘come take a look and you might see Jake’ is a bigger lure.)

Anyway, the outdoor area was designed by landscape-designer- to-the-stars Jay Griffith. The property is almost an acre; the house sits way down a long driveway and juts out on a promontory from which there are magnificent city views.

Van Halen properties

Don’t you just love ageing rockers? Especially when they are good to their mothers? Just last month, Tiger Woods introduced Van Halen as ‘one of the greatest bands in history’. (Okay, the band was performing at a fundraiser for the Tiger Woods Foundation, but still.) The band, around since 1972 in various incarnations, also has some real estate news to report.

First, there’s Mom’s house.

Rocker Eddie Van Halen and his brother, drummer Alex, sold a house for US$1.5 million that they had bought for their mother in the Summit area of Beverly Hills, according to public records. They paid US$688,000 for it in 1987; their mother, Eugenia, died in 2005 at age 89. It had been listed at US$2.2 million.

Then, in other Van Halen real estate news, Kelly Van Halen, Alex’s second ex-wife, is selling her home in LA’s Encino neighbourhood for US$4,495,000.

The French Country estate has 6,900 sq ft, which includes five bedrooms, seven bathrooms and a wisteria-covered gated entrance.

The two-storey entry has a sweeping staircase and screams ‘old-world charm’. The chef’s kitchen has Carrera marble countertops and a centre island, Viking professional stainless-steel appliances and a separate breakfast room.

There’s a library, four fireplaces, and a stone-edge Pebble Tec swimming pool.

Hockey star’s town house

Googling Ken Belanger is like scanning the programme for Friday Night Fights: ‘Ken Belanger Hits Ulf Samuelsson’, ‘Ken Belanger KOs Brad Brown’. The former National Hockey League player’s legendary fights are all over YouTube.

Belanger is selling his Manhattan Beach town house for US$1,125,000.

The listing agent, Ed Kaminsky of SportStar Relocation in Manhattan Beach, assures us that there are no holes punched in the walls of the 1,876 sq ft, two-level home. The same cannot be said for some of Belanger’s hockey opponents.

The three-bedroom, three- bathroom home is in a gated community south of LA and has wide-open greenbelt views. The unit has two master suites, an updated kitchen and a large patio area. Belanger, 34, began his NHL career with the Toronto Maple Leafs in 1994. He also played for the New York Islanders and the Boston Bruins, and joined the Los Angeles Kings in 2001. He retired in 2006.

Calling buyers

Aaron Kamin – guitarist, songwriter and a founding member of the MTV award-winning band, the Calling – has listed his Studio City home for sale for US$1,199,000.

The two-storey house in the San Fernando Valley has three bedrooms and three bathrooms in 2,250 sq ft. There are hardwood floors, a covered patio and views of the mountains.

The Calling, which started out as an LA garage band, won the MTV Europe Music Award for best new band. The group is taking a hiatus. — LAT-WP

Source : Business Times – 20 May 2008

Posted in General | Tagged: , , , , , , , , | Leave a Comment »

Fancy Aguilera’s home? Price: US$8m

Posted by luxuryasiahome on May 20, 2008

ANN BRENOFF provides the lowdown on hot celebrity properties on sale in the Los Angeles area

THERE’S nothing like new motherhood to get you thinking about the nest, which may explain why singer-songwriter Christina Aguilera, whose son was born in January, has listed her Hollywood Hills home for US$7,995,000.

Or maybe it’s just time to change houses, the way she changes her siren looks.

The architectural Midcentury sure sounds like an adult’s toy box: it has a gym, a pool and a 12-person spa with a fireplace. There’s also a professional screening room that seats 18. At 1,200 square feet, the master bedroom is bigger than many Manhattan apartments. The house is set high enough in the hills to enjoy jetliner views. There are five bedrooms and seven bathrooms in 6,500 sq ft, and it all sits at the end of a cul-de-sac.

Is it baby-friendly? Uh, not really.

But not to fear that the Latin goddess of song will be homeless.

Last summer, the multi-Grammy-winning Aguilera and her husband, music marketer Jordan Bratman, bought Ozzy and Sharon Osbourne’s former house in Beverly Hills for US$11.5 million. It has six bedrooms and 10 bathrooms in 11,500 sq ft.

Aguilera, 27, known for her powerful voice and platinum-blond sexpot image, made her TV debut on Star Search before she was 10, followed by The New Mickey Mouse Club at age 12. She has since sold more than 30 million albums worldwide.

Jake’s parents’ home

Does the fact that Brokeback Mountain star Jake Gyllenhaal, 27, may be a boomerang kid who sometimes stays with his parents make you love him any less? Me neither.

Between trips to New York and Cabo with Reese Witherspoon, the Oscar-nominated actor just may be stumbling around in his jammies at the Hollywood Hills home owned by his parents, Stephen Gyllenhaal and Naomi Foner.

Our ‘I saw evidence of Jake’ spotter toured the five-bedroom, three-bathroom, 3,000 sq ft home that is listed for sale. The asking price has dropped from US$4.2 million to US$3,795,000 – sounds like they’re getting serious after three months on the market.

The listing agent says Jake doesn’t live there – part time or otherwise – and points instead to the ‘modern light-filled design with an expansive fully equipped cook’s kitchen’ as a selling point. (Note to agent: Saying ‘come take a look and you might see Jake’ is a bigger lure.)

Anyway, the outdoor area was designed by landscape-designer- to-the-stars Jay Griffith. The property is almost an acre; the house sits way down a long driveway and juts out on a promontory from which there are magnificent city views.

Van Halen properties

Don’t you just love ageing rockers? Especially when they are good to their mothers? Just last month, Tiger Woods introduced Van Halen as ‘one of the greatest bands in history’. (Okay, the band was performing at a fundraiser for the Tiger Woods Foundation, but still.) The band, around since 1972 in various incarnations, also has some real estate news to report.

First, there’s Mom’s house.

Rocker Eddie Van Halen and his brother, drummer Alex, sold a house for US$1.5 million that they had bought for their mother in the Summit area of Beverly Hills, according to public records. They paid US$688,000 for it in 1987; their mother, Eugenia, died in 2005 at age 89. It had been listed at US$2.2 million.

Then, in other Van Halen real estate news, Kelly Van Halen, Alex’s second ex-wife, is selling her home in LA’s Encino neighbourhood for US$4,495,000.

The French Country estate has 6,900 sq ft, which includes five bedrooms, seven bathrooms and a wisteria-covered gated entrance.

The two-storey entry has a sweeping staircase and screams ‘old-world charm’. The chef’s kitchen has Carrera marble countertops and a centre island, Viking professional stainless-steel appliances and a separate breakfast room.

There’s a library, four fireplaces, and a stone-edge Pebble Tec swimming pool.

Hockey star’s town house

Googling Ken Belanger is like scanning the programme for Friday Night Fights: ‘Ken Belanger Hits Ulf Samuelsson’, ‘Ken Belanger KOs Brad Brown’. The former National Hockey League player’s legendary fights are all over YouTube.

Belanger is selling his Manhattan Beach town house for US$1,125,000.

The listing agent, Ed Kaminsky of SportStar Relocation in Manhattan Beach, assures us that there are no holes punched in the walls of the 1,876 sq ft, two-level home. The same cannot be said for some of Belanger’s hockey opponents.

The three-bedroom, three- bathroom home is in a gated community south of LA and has wide-open greenbelt views. The unit has two master suites, an updated kitchen and a large patio area. Belanger, 34, began his NHL career with the Toronto Maple Leafs in 1994. He also played for the New York Islanders and the Boston Bruins, and joined the Los Angeles Kings in 2001. He retired in 2006.

Calling buyers

Aaron Kamin – guitarist, songwriter and a founding member of the MTV award-winning band, the Calling – has listed his Studio City home for sale for US$1,199,000.

The two-storey house in the San Fernando Valley has three bedrooms and three bathrooms in 2,250 sq ft. There are hardwood floors, a covered patio and views of the mountains.

The Calling, which started out as an LA garage band, won the MTV Europe Music Award for best new band. The group is taking a hiatus. — LAT-WP

Source : Business Times – 20 May 2008

Posted in General | Tagged: , , , , , , , , | Leave a Comment »

Fancy Aguilera’s home? Price: US$8m

Posted by luxuryasiahome on May 20, 2008

ANN BRENOFF provides the lowdown on hot celebrity properties on sale in the Los Angeles area

THERE’S nothing like new motherhood to get you thinking about the nest, which may explain why singer-songwriter Christina Aguilera, whose son was born in January, has listed her Hollywood Hills home for US$7,995,000.

Or maybe it’s just time to change houses, the way she changes her siren looks.

The architectural Midcentury sure sounds like an adult’s toy box: it has a gym, a pool and a 12-person spa with a fireplace. There’s also a professional screening room that seats 18. At 1,200 square feet, the master bedroom is bigger than many Manhattan apartments. The house is set high enough in the hills to enjoy jetliner views. There are five bedrooms and seven bathrooms in 6,500 sq ft, and it all sits at the end of a cul-de-sac.

Is it baby-friendly? Uh, not really.

But not to fear that the Latin goddess of song will be homeless.

Last summer, the multi-Grammy-winning Aguilera and her husband, music marketer Jordan Bratman, bought Ozzy and Sharon Osbourne’s former house in Beverly Hills for US$11.5 million. It has six bedrooms and 10 bathrooms in 11,500 sq ft.

Aguilera, 27, known for her powerful voice and platinum-blond sexpot image, made her TV debut on Star Search before she was 10, followed by The New Mickey Mouse Club at age 12. She has since sold more than 30 million albums worldwide.

Jake’s parents’ home

Does the fact that Brokeback Mountain star Jake Gyllenhaal, 27, may be a boomerang kid who sometimes stays with his parents make you love him any less? Me neither.

Between trips to New York and Cabo with Reese Witherspoon, the Oscar-nominated actor just may be stumbling around in his jammies at the Hollywood Hills home owned by his parents, Stephen Gyllenhaal and Naomi Foner.

Our ‘I saw evidence of Jake’ spotter toured the five-bedroom, three-bathroom, 3,000 sq ft home that is listed for sale. The asking price has dropped from US$4.2 million to US$3,795,000 – sounds like they’re getting serious after three months on the market.

The listing agent says Jake doesn’t live there – part time or otherwise – and points instead to the ‘modern light-filled design with an expansive fully equipped cook’s kitchen’ as a selling point. (Note to agent: Saying ‘come take a look and you might see Jake’ is a bigger lure.)

Anyway, the outdoor area was designed by landscape-designer- to-the-stars Jay Griffith. The property is almost an acre; the house sits way down a long driveway and juts out on a promontory from which there are magnificent city views.

Van Halen properties

Don’t you just love ageing rockers? Especially when they are good to their mothers? Just last month, Tiger Woods introduced Van Halen as ‘one of the greatest bands in history’. (Okay, the band was performing at a fundraiser for the Tiger Woods Foundation, but still.) The band, around since 1972 in various incarnations, also has some real estate news to report.

First, there’s Mom’s house.

Rocker Eddie Van Halen and his brother, drummer Alex, sold a house for US$1.5 million that they had bought for their mother in the Summit area of Beverly Hills, according to public records. They paid US$688,000 for it in 1987; their mother, Eugenia, died in 2005 at age 89. It had been listed at US$2.2 million.

Then, in other Van Halen real estate news, Kelly Van Halen, Alex’s second ex-wife, is selling her home in LA’s Encino neighbourhood for US$4,495,000.

The French Country estate has 6,900 sq ft, which includes five bedrooms, seven bathrooms and a wisteria-covered gated entrance.

The two-storey entry has a sweeping staircase and screams ‘old-world charm’. The chef’s kitchen has Carrera marble countertops and a centre island, Viking professional stainless-steel appliances and a separate breakfast room.

There’s a library, four fireplaces, and a stone-edge Pebble Tec swimming pool.

Hockey star’s town house

Googling Ken Belanger is like scanning the programme for Friday Night Fights: ‘Ken Belanger Hits Ulf Samuelsson’, ‘Ken Belanger KOs Brad Brown’. The former National Hockey League player’s legendary fights are all over YouTube.

Belanger is selling his Manhattan Beach town house for US$1,125,000.

The listing agent, Ed Kaminsky of SportStar Relocation in Manhattan Beach, assures us that there are no holes punched in the walls of the 1,876 sq ft, two-level home. The same cannot be said for some of Belanger’s hockey opponents.

The three-bedroom, three- bathroom home is in a gated community south of LA and has wide-open greenbelt views. The unit has two master suites, an updated kitchen and a large patio area. Belanger, 34, began his NHL career with the Toronto Maple Leafs in 1994. He also played for the New York Islanders and the Boston Bruins, and joined the Los Angeles Kings in 2001. He retired in 2006.

Calling buyers

Aaron Kamin – guitarist, songwriter and a founding member of the MTV award-winning band, the Calling – has listed his Studio City home for sale for US$1,199,000.

The two-storey house in the San Fernando Valley has three bedrooms and three bathrooms in 2,250 sq ft. There are hardwood floors, a covered patio and views of the mountains.

The Calling, which started out as an LA garage band, won the MTV Europe Music Award for best new band. The group is taking a hiatus. — LAT-WP

Source : Business Times – 20 May 2008

Posted in General | Tagged: , , , , , , , , | Leave a Comment »

Fancy Aguilera’s home? Price: US$8m

Posted by luxuryasiahome on May 20, 2008

ANN BRENOFF provides the lowdown on hot celebrity properties on sale in the Los Angeles area

THERE’S nothing like new motherhood to get you thinking about the nest, which may explain why singer-songwriter Christina Aguilera, whose son was born in January, has listed her Hollywood Hills home for US$7,995,000.

Or maybe it’s just time to change houses, the way she changes her siren looks.

The architectural Midcentury sure sounds like an adult’s toy box: it has a gym, a pool and a 12-person spa with a fireplace. There’s also a professional screening room that seats 18. At 1,200 square feet, the master bedroom is bigger than many Manhattan apartments. The house is set high enough in the hills to enjoy jetliner views. There are five bedrooms and seven bathrooms in 6,500 sq ft, and it all sits at the end of a cul-de-sac.

Is it baby-friendly? Uh, not really.

But not to fear that the Latin goddess of song will be homeless.

Last summer, the multi-Grammy-winning Aguilera and her husband, music marketer Jordan Bratman, bought Ozzy and Sharon Osbourne’s former house in Beverly Hills for US$11.5 million. It has six bedrooms and 10 bathrooms in 11,500 sq ft.

Aguilera, 27, known for her powerful voice and platinum-blond sexpot image, made her TV debut on Star Search before she was 10, followed by The New Mickey Mouse Club at age 12. She has since sold more than 30 million albums worldwide.

Jake’s parents’ home

Does the fact that Brokeback Mountain star Jake Gyllenhaal, 27, may be a boomerang kid who sometimes stays with his parents make you love him any less? Me neither.

Between trips to New York and Cabo with Reese Witherspoon, the Oscar-nominated actor just may be stumbling around in his jammies at the Hollywood Hills home owned by his parents, Stephen Gyllenhaal and Naomi Foner.

Our ‘I saw evidence of Jake’ spotter toured the five-bedroom, three-bathroom, 3,000 sq ft home that is listed for sale. The asking price has dropped from US$4.2 million to US$3,795,000 – sounds like they’re getting serious after three months on the market.

The listing agent says Jake doesn’t live there – part time or otherwise – and points instead to the ‘modern light-filled design with an expansive fully equipped cook’s kitchen’ as a selling point. (Note to agent: Saying ‘come take a look and you might see Jake’ is a bigger lure.)

Anyway, the outdoor area was designed by landscape-designer- to-the-stars Jay Griffith. The property is almost an acre; the house sits way down a long driveway and juts out on a promontory from which there are magnificent city views.

Van Halen properties

Don’t you just love ageing rockers? Especially when they are good to their mothers? Just last month, Tiger Woods introduced Van Halen as ‘one of the greatest bands in history’. (Okay, the band was performing at a fundraiser for the Tiger Woods Foundation, but still.) The band, around since 1972 in various incarnations, also has some real estate news to report.

First, there’s Mom’s house.

Rocker Eddie Van Halen and his brother, drummer Alex, sold a house for US$1.5 million that they had bought for their mother in the Summit area of Beverly Hills, according to public records. They paid US$688,000 for it in 1987; their mother, Eugenia, died in 2005 at age 89. It had been listed at US$2.2 million.

Then, in other Van Halen real estate news, Kelly Van Halen, Alex’s second ex-wife, is selling her home in LA’s Encino neighbourhood for US$4,495,000.

The French Country estate has 6,900 sq ft, which includes five bedrooms, seven bathrooms and a wisteria-covered gated entrance.

The two-storey entry has a sweeping staircase and screams ‘old-world charm’. The chef’s kitchen has Carrera marble countertops and a centre island, Viking professional stainless-steel appliances and a separate breakfast room.

There’s a library, four fireplaces, and a stone-edge Pebble Tec swimming pool.

Hockey star’s town house

Googling Ken Belanger is like scanning the programme for Friday Night Fights: ‘Ken Belanger Hits Ulf Samuelsson’, ‘Ken Belanger KOs Brad Brown’. The former National Hockey League player’s legendary fights are all over YouTube.

Belanger is selling his Manhattan Beach town house for US$1,125,000.

The listing agent, Ed Kaminsky of SportStar Relocation in Manhattan Beach, assures us that there are no holes punched in the walls of the 1,876 sq ft, two-level home. The same cannot be said for some of Belanger’s hockey opponents.

The three-bedroom, three- bathroom home is in a gated community south of LA and has wide-open greenbelt views. The unit has two master suites, an updated kitchen and a large patio area. Belanger, 34, began his NHL career with the Toronto Maple Leafs in 1994. He also played for the New York Islanders and the Boston Bruins, and joined the Los Angeles Kings in 2001. He retired in 2006.

Calling buyers

Aaron Kamin – guitarist, songwriter and a founding member of the MTV award-winning band, the Calling – has listed his Studio City home for sale for US$1,199,000.

The two-storey house in the San Fernando Valley has three bedrooms and three bathrooms in 2,250 sq ft. There are hardwood floors, a covered patio and views of the mountains.

The Calling, which started out as an LA garage band, won the MTV Europe Music Award for best new band. The group is taking a hiatus. — LAT-WP

Source : Business Times – 20 May 2008

Posted in General | Tagged: , , , , , , , , | Leave a Comment »

The radiant face of Singapore

Posted by luxuryasiahome on May 20, 2008

From the Republic’s early days, the buildings that define its skyline reflect a nation that is increasingly vibrant

IF a country had a face, it would be the skyline of its city. Like a portrait on a sky-blue canvas, it is the profile of a nation – as visually unique as the individuals who inhabit it. And, like a face, it reflects the character and spirit of its people too.

Impressive edifices: An upcoming marquee project is the Marina Bay Financial Centre, a $2b complex of residential and commercial buildings. The Marina Bay Sands IR will also be a ground-breaking development in many ways

The economic success story of Singapore is not just recorded in the history books, but literally etched in stone. Well, concrete anyway. Soaring office towers decked out in glass and steel gleam proudly, shoulder-to-shoulder, scraping the sky above the Central Business District (CBD). But despite the rush to build on increasingly limited and expensive land, Singapore hasn’t become as suffocating a concrete jungle as many other developed cities. For all the human activity that is part and parcel of a bustling cosmopolitan city, Singapore’s business district is surprisingly well-ordered and efficient.

The brain behind the city’s pleasant face is the Urban Redevelopment Authority (URA). Since the mid-1970s it has been tasked with striking a balance between designing an aesthetically distinctive yet land-efficient cityscape. Beyond figuring out how to make the most of limited land, it also sees ‘the need for the CBD to be attractive and distinctive’. Indeed, the number of postcards that promote Singapore’s photogenic skyline to the world bear testament to the efficacy of URA’s work over the years.

Changing profile: Singapore’s skyline in 1977 and 1997. The city hasn’t become as suffocating a concrete jungle as many other developed urban areas
What is also notable is how young – compared with other developed cities – Singapore’s cityscape is.

A significant early development that contributed to the definition of its skyline came about a couple of decades ago in 1986 with the completion of OUB Centre at Raffles Place. The tower, which has 63 floors and is 280 metres high, was the tallest building outside the United States at the time of its opening.

Today, 22 years later, it still stands as an icon, sharing the title of Singapore’s tallest building with two other structures – UOB Plaza One and Republic Plaza, the former having been completed in 1992 and the latter three years later. Together they comprise a triumvirate of titans that stand as towering witnesses to the economic growth of the nation.

But bigger plans are afoot for an island with ambitions bigger than its land mass. Reclamation has been actively pursued to meet the infrastructural demands of a burgeoning economy for decades. Between 1960 and 1990, 51.5 sq km of land was reclaimed, accounting for almost 10 per cent of Singapore’s total land area at the time. By 2030, it is estimated that another 100 sq km will have been added.

The swathe of land that houses the buildings in the Marina Bay area is, in fact, reclaimed. Comprising 3.6 sq km of prime real estate, it is the focal point of existing and future developments that will cement Singapore’s status as a financial and business hub. Set picturesquely by the waterfront, the area is set to evolve into what URA terms a ‘Garden City by the Bay’.

It is envisioned as a round-the-clock microcosm of cosmopolitan living, with a vibrant lifestyle and leisure component that will complement its business environment.

One way URA hopes to infuse more vibrancy in the area is to designate certain zones ‘white sites’, which means developers can mix commercial, retail and residential components within a single project.

But while many of these new buildings will have a premium view of the bay area and encompass a mix of lifestyle and business facilities, they will not soar as high as the other buildings in the vicinity. This is another deliberate feature – planners do not want to obstruct the view of earlier developments.

Graduating arrangement

In fact, a glance at a picture of Singapore’s existing skyline reveals that very trend. The result is a dynamic yet uncluttered and harmoniously graduating arrangement of heights that do not have to vie for the best view.

One significant development now being built that will acquire some height and prominence in the cityscape is The Sail @ Marina Bay, a luxury condominium which, at 70 stories tall, will be among the 10 tallest residential buildings in the world when it is completed next year. Comprising two distinctively sail-shape towers that are bound to become iconic fixtures of the future skyline, it will provide 1,100 apartments with a splendid view of the bay area.

Another upcoming marquee project is the Marina Bay Financial Centre, a $2 billion complex of residential and commercial buildings that will peak at 55 stories. When it is eventually up, it is expected to add a considerable 150,000 sq ft of Grade A office space, effectively doubling what is currently available in Singapore. The first phase is expected to be ready by 2010.

In fact, when the entire Marina Bay area is fully developed and integrated with the existing financial district, it will be twice the size of London’s famous Canary Wharf financial district and will provide a combined total of 2.82 million sq m of office space, equalling what is available in Hong Kong’s main business centre.

The most prominent – and anticipated – of these new developments will, no doubt, be the Marina Bay Sands integrated resort that is set to open for business next year. It will be a ground-breaking project in many ways.

A drive across Benjamin Sheares Bridge, which overlooks the expansive site, reveals an orchestra of cranes and a flurry of construction work – an impressive sign of the scale of things to come.

Its one-of-a-kind Sky Park – a two-acre stretch of landscaped gardens that will be perched atop and bridge its three 50-storey hotel towers – will offer breathtaking views of the entire city. When completed, it will offer six million sq ft of retail and entertainment space, 3,000 hotel rooms and a plethora of lifestyle and leisure activities.

While it may not be the tallest upcoming structure, it will undoubtedly be deemed the crown jewel on the eventual skyline. Certainly, at an estimated cost of more than $5 billion, it is likely to be one of the most expensive projects of its kind in the world.

With Singapore’s expanding skyline gradually taking form, the fact that each new storey of every eventual building represents a business opportunity is not lost on the different businesses involved in the building industry.

A significant portion of the investment pouring into the city will go to them, as developers continue dreaming up more impressive edifices to meet those increasing demands.

In fact, the total amount generated by the construction and building industry here is expected to hit a whopping $55 billion by 2011.

Last year, the industry grew by almost 10 per cent and awarded $19 billion of contracts.

International building centre

While its position as a financial and leisure hub continues to solidify, Singapore is also becoming a centre for the international building and construction industry.

With such an array of opportunities available and its reputation for business efficiency, almost everyone in the industry’s supply chain is finding some reason to do business here. They are either directly involved in the local industry or use it as a regional hub to reach out to larger markets in the region.

A good example is the upcoming BEX Asia 2008 exhibition, when building material and equipment suppliers from around the world showcase their latest products and technologies in Singapore. The event, from May 21-23 at Suntec Singapore, is expected to attract prominent industry players, both local and international.

And so, as developers build bigger and taller, they will continue to redefine Singapore’s skyline in the process. From the smattering of grey monoliths that sprouted up in the early days of the economic boom to the myriad glistening peaks and pinnacles that scrape our skies today – and those that will join them in the future – the skyline represents the face of a nation which, as it matures, begins to look increasingly radiant.

Source : Business Times – 20 May 2008

Posted in All Singapore, General, Marina Bay / CBD | Tagged: , , , , , , , , , , , | Leave a Comment »

World property markets frozen: Mack

Posted by luxuryasiahome on May 20, 2008

Bid-ask price gaps are too wide, many are sitting on the sidelines

Global real estate markets are frozen because buyers and sellers remain far apart on price and aren’t ready to concede values won’t return to levels achieved in 2007, Apollo Real Estate Advisors LP senior partner William Mack said.

‘The markets are kind of stuck,’ said Mr Mack, who has helped raise almost US$6 billion for new real estate investments. ‘The bid-ask spread is too wide. A lot of money and a lot of people are sitting on the sidelines trying to establish where the next move is.’

Mortgage-related losses have forced financial institutions to write down more than US$300 billion in assets and constrained lending for property acquisitions. In New York City, Manhattan office building sales fell in the first quarter to the lowest since 2005, according to data from Real Capital Analytics.

Recent signs of recovery in shares of real estate investment trusts are ‘a bounce off the bottom’, said Mr Mack, 68, in an interview last week. The Bloomberg Reit Index has risen 9.8 per cent this year, after falling 22 per cent in 2007, the steepest dive in the 14-year history of the measure.

‘The sales market is very, very slow,’ said Mr Mack. ‘The leasing market has slowed down because there have been a lot of layoffs, and people are not as confident they need extra space and that’s throughout the world.’

Confidence won’t return to the market until ‘everybody believes that the blood-letting and the writing down of assets is over, or near-over’, said Mr Mack. ‘We need a realisation that terms and conditions that existed a year ago are not going to come back in the near future.’

Property values have fallen and lenders are willing to lend only about 65 per cent of value, compared with 90 per cent in the past. ‘Unless you have a good deal of equity, you’re going to be out of the game,’ Mr Mack said. ‘That is the penalty for rolling the dice.’ Apollo is waiting for the right moment to start making acquisitions and Mr Mack said he thinks the East and West coast property markets will offer some of the best opportunities.

The gap between sellers and buyers remains ‘very large’, said Mr Mack, who founded Apollo’s real estate unit in 1993 as property markets were recovering from a recession.

The group’s investments have included New York’s Time Warner Center, the St Katherine Dock office/retail development in London, and the Pascal Tower in Paris.

Apollo Real Estate was founded in 1993 by Mr Mack and Apollo Management LP, a private equity firm. — Bloomberg

Source : Business Times – 20 May 2008

Posted in General, Market Reports, Overseas Property | Tagged: , , , | Leave a Comment »