
Generous tax concessions and the five-star facilities at luxury golf spa Aphrodite Hills are making retiring to Cyprus an increasingly popular choice for overseas property buyers, report prestige property experts Savills Select Resorts. Pensions tax is just 5.0 per cent in Cyprus which has one of the most generous tax environments in Europe – an added bonus to go with its 340 days of annual sunshine and warm Mediterranean welcome. The benevolent...

Behind 2 flexible frontages on one of Dingley Village’s grandest parcels of land, this extravagant estate offers resort living in lush 2,540sqm grounds complete with tennis court, heated pool & spa, gazebo & double auto-garaging. Touched by Hollywood glamour, this ultimate entertainer stars a 4 bedroom plus fitted study, 2 bathroom, 2 powder-room plan extending beyond formal & casual living & dining (in 4 separate spaces)...

This is a genuine adobe built in the 1940s and is in excellent condition. It is a traditional adobe style with a center courtyard surrounded by the main structure, which features six bedrooms, four bathrooms and eight fireplaces. One of the largest ranches in Santa Barbara, offering convenient location, panoramic ocean, island and coastline views, diverse terrain, an authentic hacienda adobe, and opportunity with eleven legal parcels. The land is...
In this buyer’s market and slow economy, the owners of Great Brook Preserve are still selling land in their premier mountainside village. Great Brook is the only gated community in the area and offers large acreage with dramatic views of the Sunday River ski area and the Mahoosuc mountain range. The Preserve properties are surrounded by its own conservation land, and the owners just completed installation of paved roads through Phases II and...
BioMed Realty Trust, Inc. announced that Alan D. Gold, BioMed’s President and Chief Executive Officer, was named the national winner of the Ernst & Young LLP Entrepreneur Of The Year® 2008 Award in the Real Estate, Construction and Hospitality category. Ernst & Young’s program recognizes outstanding entrepreneurs who have built and lead dynamic, high-growth businesses on a regional, national and global level. Mr. Gold was selected...
Tucked away in the elevated desert hills above Phoenix is Paradise Reserve, one of the last luxury gated communities and multi-acre parcels bordering the Phoenix Mountain Preserve. Poised at the “crossroads” of Paradise Valley, Scottsdale, downtown Phoenix and the Biltmore area, Paradise Reserve is a rare gem and outstanding investment opportunity, offering a lifestyle of prestige, exclusivity and environmental stewardship and responsibility....
American Realty Investors, Inc. a Dallas-based real estate investment company, reported net income for the three months ended September 30, 2008. ARL reported a net loss applicable to common shares of ($8.5 million) or ($0.80) per diluted share for the three months ended September 30, 2008, as compared to a net loss applicable to common shares of ($3.4 million) or ($0.33) per diluted share for the same period ended 2007. In addition, the Company reported...
Cedar Shopping Centers, Inc. announced that it had been advised by Homburg Invest Inc. that Homburg Invest would not proceed with the proposed joint venture for 32 properties, as previously contemplated and disclosed by the Company. While Homburg Invest had substantially completed physical, financial and legal due diligence with respect to the properties, it cited the unprecedented current events that have taken place in the U.S. capital markets...
A lifelong resident of Atlanta, Ben Carter has made an environmental commitment to the community by seeking Leadership in Energy and Environmental Design (LEED) certification for his company’s luxury mixed-use development, The Streets of Buckhead. Featuring more than 500,000-square feet of world-class retail, dining and residences, The Streets of Buckhead will be one of the country’s most expansive and affluent developments to be awarded Silver...
Equity One, Inc., an owner, developer, and operator of shopping centers, announced today that it has closed a $227 million unsecured revolving credit facility with Wells Fargo Bank serving as Administrative Agent and Sole Lead Arranger. The new facility has a three-year term with a one-year extension option. In addition, the facility includes an accordion feature under which it can be expanded to $400 million. Borrowings under the facility are priced...