HQ takes the lead in serviced office sector

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Award-winning character home sells at auction

first_imgThe home at 6 Suvla St, Balmoral.A PRE-WAR home with an award-winning renovation has sold under the hammer in a tightly held Brisbane suburb on Saturday.The Folkhouse at 6 Suvla St, Balmoral sold at auction to local buyers for $1.9 million. The pre-war character home was renovated and extended in a collaboration between Shaun Lockyer Architects and JBS builders. Inside the home at 107 Merthyr Rd, New Farm.Mr Woolard said the new owners were two brothers. “They’re looking to restore the home and bring it back to its former beauty,” he said. “The vendor was very happy with the sale. She lives interstate and has been watching the market to find the right time to sell. “It was a hard decision for her to let it go because she loves the house but she was happy with the result.” The home at 6 Suvla St, Balmoral before renovation.“The architect is well known but I think the builders were the standout performers.”The auction attracted five registered bidders and a crowd of about 40 onlookers. “The opening bid was $1.5 million and we had two bidders fighting it out,” Mr O’Doherty said. More from newsParks and wildlife the new lust-haves post coronavirus22 hours agoNoosa’s best beachfront penthouse is about to hit the market22 hours agoThe home at 6 Suvla St, Balmoral after renovation.“The property was called on the market at $1.9 million and sold.” Mr O’Doherty said the Balmoral market was performing exceptionally well. “There is a lack of stock but a phenomenal amount of buyers,” he said. “We could have sold this home three or four times over. Balmoral is just such a tightly held area that demand far outweighs supply.” In New Farm, a reno-ready Queenslander also sold under the hammer on Saturday. The home at 107 Merthyr Rd, New Farm.The character cottage at 107 Merthyr Rd sold for $1.05 million. Set on a 506sq m block, the home has high ceilings, timber floors, timber fretwork and VJ walls. Marketing agent Aaron Woolard of Place New Farm said four buyers registered for the auction, with two actively bidding.“The opening bid was $800,000 and it was all over pretty quickly,” he said. “There was a little pause to seek instructions and we chatted with the highest bidder and the vendor before eventually reaching an agreement.“The property was called on the market at $1.05 million and sold.” The home at 6 Suvla St, Balmoral.Marketing agent Tony O’Doherty of Belle Property Bulimba said the Shaun Lockyer name combined with the sought after location brought in a huge amount of interest. “We had 120 groups through the home (during the marketing campaign), which was about 300 plus people,” he said. “It was the level of finishes, the design and the lifestyle that attracted people.last_img read more

Update for Burpengary East home has surprisingly chic results

first_imgThe bathrooms were gutted and refitted.Other heroes include a kids retreat and a mammoth walk-in wardrobe off the master – so big it could be a study or even a fifth bedroom.The home is not short of living areas, with an open-plan living, kitchen and dining room just off the entry to the home, a courtyard, and a separate deck and outdoor entertaining area that looks over the swimming pool. The kitchen is both stylish and practical.He grew up on a farm and he said the peace of the Burpengary East property is something that will be hard to leave.“Every time I walk outside, I think, ‘Oh, do I really want to go?’” he said.More from newsLand grab sees 12 Sandstone Lakes homesites sell in a week21 Jun 2020Tropical haven walking distance from the surf9 Oct 2019“I’m turning 68 now so it’s time for us to downsize and do a bit more travelling.”The couple recently renovated the expansive one-level home, with chic new kitchen and bathrooms and a combined butlers pantry and laundry. Large undercover outdoor entertaining overlooking a pool.The home lies on 2 acres, which consists of three paddocks and although it would be great for most families, Mr Nicol said it is ideal for people who want to have animals but still be close to suburbia.“At one stage we had a pony, three dogs, chickens and guinea pigs.” One of the living areas at 65-69 Bradford Rd, Burpengary East.“As soon as we told people we were moving to Queensland, we had people staying with us all the time,” Mr Nicol said.“It wasn’t, ‘Can we come up,’ it was, ‘We are coming up’.” The home at 65-69 Bradford St, Burpengary East.WHEN Michael Nicol first stepped foot on his Burpengary East property four and a half years ago, he knew it was the one.Mr Nicol and his partner Christine Amos moved to Brisbane from Melbourne with a list of 250 properties, of which they viewed 30 before eventually settling on 65-69 Bradford Rd.“When I stood on the driveway for the first time I just got that feeling and I knew it was right for me,” Mr Nicol said.last_img read more

Italy’s pensions regulator eases path for ‘direct’ fund investments

first_imgItaly’s pensions regulator COVIP has moved to simplify the approval process schemes need to go through in order to invest directly in investment funds, rather than using an intermediary. The regulator last month issued new guidance for fondi negoziali, Italy’s industry-wide schemes based on collective labour agreements. In a letter to the pension funds, sent on 24 January, COVIP said they no longer had to have approval from a full meeting of stakeholders in order to change their rules to allow such investments.The circular told the funds how they had to change a particular section of their scheme rules in order to make such direct investments. After updating scheme rules these statutory changes simply had to be communicated to COVIP and approved by the fund’s board of directors, without the need to submit them to an extraordinary shareholders’ meeting.The legislation 252/2005 – referred to in the letter’s heading – provides for complementary pension schemes to have the option of carrying out forms of direct investment by buying shares in real estate companies, as well as shares in closed investment funds or real estate mutual funds, COVIP explained.These investments are subject to certain limits.A spokesman for COVIP said that even though this type of direct investment had been provided for by the 252/2005 legislation, up to now they had rarely been used by the majority of fondi negoziali.“With this note, the authority intends to simplify the administrative procedures, if any pension fund wants to use this type of investment, and this option has not already been provided for in their articles of association,” he said.COVIP also reiterated the need for pension funds’ boards of directors – if considering using direct investments – to make sure that the fund’s internal organisational structure was “equipped with the professional requirements appropriate to the risks and the characteristics of the financial instruments in which it intends to invest”, the spokesman said.The regulator’s circular followed an announcement from one of Italy’s fondi negoziali that it had made direct investments in the course of 2017. Prevaer, the air transport pension fund, said it made three direct investments last year with no intermediary.These included a €5m investment in Fondo Italiano, which invests in small and medium-sized Italian businesses; €10m in BlackRock’s European fund, and another €10m in a Macquarie fund investing in infrastructure companies.Prevaer said the deals amounted to around 6% of its total assets.last_img read more

Awilco eyes new gig for WilPhoenix rig

first_imgOffshore drilling contractor Awilco Drilling has signed a letter of intent with an undisclosed operator for the provision of WilPhoenix in support of a three well plug & abandonment program.The program has an estimated duration of 100 days and will start in early May 2020, Awilco said on Thursday. The contract value is estimated at $13.8 million.WilPhoenix is one of Awilco Drilling’s two enhanced pacesetter semi-submersibles and is equipped for drilling in water depths up to 1,200 ft.Awilco Drilling also has two newbuild rigs on order of Moss CS60 ECO MW design equipped for drilling in harsh environments, and independent options for additional two rigs of the same design.The WilPhoenix rig has been working for Shell since 2018. The original contract was for a decommissioning program of 18 firm wells plus options totaling a further eight wells. This was later extended for one well.In May 2019, Shell gave notice of its intention to Awilco Drilling to exercise two options under the WilPhoenix decommissioning contract covering the abandonment of five further wells. Following this extension, the contract included 24 firm wells with the firm duration estimated to run to late 1Q 2020.However, in August 2019, Awilco Drilling received notice from Shell that the company would not be exercising the remaining contract options on WilPhoenix for two abandonment wells and three exploration wells.In 3Q 2019, the WilPhoenix was in continued operations for Shell UK at the Heron location.last_img read more

Fear not; it is I

first_imgFaithLifestyleLocalNews Fear not; it is I by: – August 6, 2011 Share Sharing is caring! Fear Not For I am With You. Photo credit: tripwow.tripadvisor.comThe gospel this weekend puts in inseparable relation two basic human emotions or responses, namely trust and fear. Jesus doesn’t say it explicitly but the import of his words (and actions) is if you have trust, you will overcome fear.  Peter began to trust and was doing what he never imagined he could do, until he was gripped by fear, and he began to sink.Jesus spoke several times about trust and fear. “Fear not, little flock,’ he said on one occasion, “it has pleased the Father to give you the Kingdom.” That was in response to trepidation about the future. “Do not let your hearts be troubled; trust in God still; and trust in me.” In response to the same recurring apprehensions. “Fear not it is I.” In response to appearances after the Resurrection.  And today the words are the same in a situation of peril. “Fear not, it is I.”The root of fear lies in our absence of control. Fear of the dark, one may say, is the primordial human fear, and the reason is obvious. We don’t know what he dark conceals; we have no idea what threatens; we have no way of knowing what to guard against, and we respond – with fear. In this sense the adult finding himself or herself alone on dimly lit street at night and the child who suddenly wakes from sleep and cries in the enveloping darkness are exactly in the same state. They feel suddenly vulnerable and defenceless; both are invaded by fear.If a mother, however, hears her child’s cry and rushes into the bedroom to hold the child close, the child’s fear instantly vanishes. Similarly if some people suddenly turn the corner and appear on the street, the adult feels a lift in apprehension.Both these rather simple examples highlight the relation between our two emotions. You can’t talk or reason yourself out of fear.  Fear has to be displaced by trust.We are all affected by a variety of fears. For some people, it’s fear of heights; they can’t use elevators; for others, it fear of crowds; they can’t venture out; they must stay at home. For some it’s fear of fear of flying; they never travel or they must go by bus or train. For some it’s a fear of rejection; they must please everybody in every circumstance. And for nearly everyone, there’s the fear of death. These are just some examples from the multiplicity of fears that afflict human beings. Some of things people have phobias about may sound strange to us but not to the people who have them.I’ve said that fear is displaced by trust, not by argument or persuasion, but what does it meant to trust?  We must distinguish. We trust other people, including people we don’t know, in a variety of ways every day. We never think about it.  Trust, however, in the sense of trusting someone with one’s life is another matter. Trust is a matter of increasing gravity the closer we come to giving others that kind of trust. I trust the pilot of an airplane in a different way from the way I trust TT Post to deliver my letters. I trust my friend or my spouse in a different way from trusting an acquaintance.  And I trust God in a different way still.In deeper forms of trust I hand myself over with less and less reservation. In more complete forms of trust, I hand myself over more completely.Another thing we note, of course, as we pursue the matter is that the more deeply we love, the more completely we trust, the more we hand ourselves over to the one we trust.Those are the features that shed light on trust in God. Trust in God means that I hand myself completely over, without reservations or qualifications. I hold nothing back.It means that I also have difficult lessons to learn. I must learn for example that there’s no necessary correlation between asking and receiving, or between believing and feeling.Trusting in God is finally another way of referring to providence. It means openness to all that happens, to God’s responses and to God’s silences; to our graces and our crosses. It means believing that God is never asleep, distant, or uncaring – because that’s what Jesus said. Trust comes down finally to believing in Jesus and taking him at his word.By: Father Henry Charles Ph. d Sharecenter_img Share Tweet 177 Views   no discussionslast_img read more

Organ donor scandal hits Germany

first_img 20 Views   no discussions Share Sharing is caring! Share Sharecenter_img A worldwide shortage of organ donors has put pressure on many transplant clinicsProsecutors are investigating an organ donor scandal in the east German city of Leipzig in which doctors allegedly manipulated an organ waiting list.Three doctors have been suspended at the Leipzig University Clinic’s organ transplant centre.German media report that 38 patients with liver problems were falsely listed as dialysis cases in order to shorten their wait for a transplant.Competition between transplant centres may be to blame, experts say.There is a worldwide shortage of organ donors – a factor that may have exacerbated competition.The board director at the Leipzig clinic, Wolfgang Fleig, said he could not rule out that money may have changed hands in the Leipzig scandal. All the cases in the scandal concern liver patients, and all but one of the alleged manipulations took place in 2010 and 2011.According to Frank Ulrich Montgomery, head of the German Medical Association, the irregularities are now “history” because supervision has been tightened. “Never has transplant medicine been as secure as it is today,” he told the daily Frankfurter Allgemeine Zeitung. But he also said any previous malpractice should be cleared up.The German Medical Association is the main federal body representing medical practitioners.Other irregularitiesGermany’s MDR radio says the scandal is particularly bad news for Saxony, the state where Leipzig is located, because it has many patients urgently in need of transplants.The head of Germany’s Foundation for Patient Protection, Eugen Brysch, was quoted as saying half of the country’s transplant centres should be shut to end damaging competition between them. Successful organ transplant programmes boost the prestige of clinics. The German broadcaster ARD says there are 47 such centres in Germany, but last August they were all brought under a single supervisory body.The health ministry says 10 centres have been checked so far and three other cases of irregularities were found. It is not clear if there is any link between the Leipzig scandal and manipulations uncovered previously in Munich, Regensburg and Goettingen.BBC News Tweet HealthLifestyle Organ donor scandal hits Germany by: – January 3, 2013last_img read more

San Carlos City declares CPP-NPA ‘unwelcome’

first_imgThe CPP-NPA is listed as a terroristorganization by the United States, the European Union, the United Kingdom,Australia, Canada, New Zealand, and the Philippines. (With a report from PNA/PN) Mayor Renato Gustilo and Vice MayorChristopher Carmona led the ceremonial signing of the mounted copy of theresolution on Monday stating such declaration, which was unanimously adopted bythe City Council on Sept. 12. Copies of the resolution have beenfurnished to the city mayor, city legal officer, city director of theDepartment of the Interior and Local Government, officials of the city’s 18barangays, and the 79IB troops for information. Lieutenant Colonel Emelito ThaddeusLogan, 79IB commander, also signed the resolution. It added that the Philippine Army’s 79thInfantry Battalion (79IB) endorsed to and coordinated with the City Council thepassage of the resolution to declare members of the CPP-NPA persona non gratain the northern Negros city. Last May 30, the City Council of SanCarlos initially passed Resolution No. 19-139, denouncing the atrocities ofcommunist terrorist groups in the different areas of the country, and notallowing their presence in their city. “San Carlos City, Negros Occidentaladheres to the principle of peace and order as an indispensable element to thedevelopment and progress of the city and thus, condemns any illegal andunlawful activities of the CPP-NPA as it threatens the economic, social andpolitical stability of the city and its people,” the resolution further stated.center_img During the signing ceremony held afterthe flag-raising rites at the City Hall grounds, the city officials were joinedby department heads, barangay officials, police, jail and military officials. BACOLOD City – The city of San Carlos in Negros Occidental has formallydeclared the Communist Party of the Philippines-New People’s Army (CPP-NPA) aspersona non grata. The City Council then stated that theywant to maintain the situation in their city where there are no reports of suchacts of the communist-terrorist group. San Carlos City is the hometown of Gov.Eugenio Jose Lacson, who also served as its mayor before he was electedprovincial government official. Resolution No. 19-252 said that “TheSangguniang Panlungsod as the legislative department of the local governmenthereby signifies its sentiment not to welcome nor accept any advocacies of theCPP-NPA, the members of the latter being an enemy of the state.”last_img read more

Annual Chamber Event Recognizes Those That Aid Others

first_img(Left to right): John Thornton, Business Person of the Year; Robert Meyer, Educator of the Year; Norman Knudson, Citizen of the Year; Robert McCreary, Citizen of the Year.The Ripley County Chamber of Commerce honored residents for their upstanding service at their annual awards dinner Thursday night.The event drew local organizations, an entertainer and a state representative to South Ripley Elementary School.The 2013 award recipients were as follows:2013 Educator of the Year: Robert Meyer.2013 Business Person of the Year: John Thornton2013 Citizens of the Year: Robert McCreary & Norman KnudsonCitizen of the Year recipients were recognized for their volunteerism and contributions to the repair efforts after the Holton Tornado in March 2012.“I’m up here being recognized with Norman, but really it is recognizing the hard work of so many other people,” said Robert McCreary, who is also the Holton Christian Church minister. “It is great to see our community come together and seeing people now back in their homes.”District 67 State Representative Randy Frye (R-Greensburg) was in attendance and applauded the work of the volunteers, emergency personnel and community involvement following the devastating Holton tornado.“The efforts that they put forth and the massive amount of time and money that was donated, and labor that was donated, was just unbelievable,” exclaimed Frye.Comedian Dave Dugan of Carmel, Indiana, provided the entertainment for the evening. His blend of customized humor drew laughs from the crowd and involved audience members. Dugan has gained national exposure by appearing on the BOB and Tom Show, HBO and Comedy Central.last_img read more

City hit by Kompany injury blow

first_img Press Association Manchester City captain Vincent Kompany suffered a thigh strain in the 3-1 win over Everton on Saturday, the club have confirmed. Kompany, who limped off during the first half at the Etihad Stadium, underwent a scan on Monday which confirmed the injury but City have not said how long he will be out for. Kompany will miss Belgium’s World Cup qualifiers with Croatia on Friday and Wales next Tuesday. last_img read more