QLD masterplanned development named the best in Australia

first_imgSanctuary Cove was the best ‘masterplanned development’ at the UDIA national awards.More from newsParks and wildlife the new lust-haves post coronavirus20 hours agoNoosa’s best beachfront penthouse is about to hit the market20 hours ago Mulpha Sanctuary Cove civil engineer Jeff Ray, general manager Stephen Anderson, and property and construction manager Mathew Williams.“We are thrilled to start our milestone 30th year of operation with this exciting achievement and look forward to developing future plans to grow and support the vibrant Sanctuary Cove.”He said Mulpha Sanctuary Cove was committed to ensuring the long-term sustainability of InterContinental Sanctuary Cove Resort, Sanctuary Cove Marina and The Marine Village retail and commercial precincts.Mulpha construction and property manager Mathew Williams said Sanctuary Cove was “a way of life”. It has a diverse mix of block types including absolute waterfront. It has two 18-hole championship golf courses.“It offers the perfect blend of leisure, living and lifestyle for its residents, hotel guests, tenants and berth holders.”Among the features of the Gold Coast-based project were two 18-hole championship golf courses, a 226-berth marina, shopping and dining precincts, the five-star InterContinental Resort, Country Club facilities, and 24-hour land and water security.Launched 30 years ago, the project has adapted to changing lifestyle choices and buyer demand, with it also offering special terms for overseas buyers. FREE: SIGN UP FOR THE COURIER-MAIL’S REAL ESTATE NEWSLETTER Sanctuary Cove was named the best masterplanned development in the country.A QUEENSLAND mega-project worth $2billion has taken out top honours after being named the best masterplanned development in the country.Award-winning Sanctuary Cove took out the top gong at the Urban Development Institute of Australia National Awards.Greg Shaw, chief executive of Mulpha – the development firm that brought the site to life – was thrilled to pick up the win which recognises innovation, sustainability and integration.last_img read more

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New record year for Spezialfonds as net sales jump 33% – BVI

first_imgThe net inflows represent approximately 60% of the €193bn of total new business for the German fund companies in 2015, a record year for the industry as retail funds also had a bumper year. These recorded €71.9bn of net sales in 2015, double the previous year’s. Record inflows into balanced funds were the main driver.As at the end of 2015, German fund companies had a record €2.6trn of assets under management, according to the BVI.The appeal of Spezialfonds has looked at risk of being weakened by German government plans to amend the country’s investment law, but an amendment by the ministry of finance filed in December has alleviated at least some concerns. The ministry’s initial plan had been to introduce a flat-rate taxation up front for re-invested profits from Spezialfonds.For an in-depth look at the expansion of Spezialfonds, see the special report in the October 2015 issue of IPE magazineESA regulatory ‘over-reach’The 2015 fund inflow figures were released on the occasion of the BVI’s annual press conference, during which the association also assessed the state of play for the industry from a regulatory standpoint.Thomas Richter, chief executive at the BVI, said it was positive that the regulatory thrust since 2008 had not led to a “structural break” of the fund management business, and that politicians recognised that the effectiveness of these laws needed to be investigated before taking further steps.However, he criticised the increasing regulatory over-reach at the EU level via technical implementing measures from the European Supervisory Authorities (ESAs) and the European Commission.The association also called for a stronger control of the ESAs*, such as the right for national supervisory authorities to pursue legal action against them. Richter also took issue with the discussion about the systemic relevance of asset managers, saying it was not nuanced. The Financial Stability Board (FSB) and the International Organisation of Securities Commissions (IOSCO) have so far orientated themselves too closely to the rules for banks, he said.The association does not agree with the approach taken so far to assessing the systemic relevance of asset managers, believing that “a chain reaction” like that following the collapse of Lehman Brothers would not happen in the event of an asset manager becoming insolvent.A spokesperson at the European Fund and Asset Management Association (EFAMA) yesterday told IPE the FSB and IOSCO looked unlikely to designate asset managers as systemically relevant entities and have switched their focus to assessing the potential systemic relevance of asset managers’ market activities instead.*The European Securities and Markets Authority (ESMA), the European Banking Authority (EBA) and the European Insurance and Occupational Pensions Authority (EIOPA) Pension schemes and insurers drove €73.2bn of fresh flows into German Spezialfonds in 2015, contributing “significantly” to a fourth consecutive record year for new business, according to BVI, the German investment funds association.More than €120bn of new business was captured by Spezialfonds last year, a 33% jump from 2014 net sales and a new all-time high, according to 2015 figures released by the BVI.It marks the fourth consecutive year-on-year increase for the fund type.Holger Naumann, president of the BVI, attributed the strong appeal of Spezialfonds to fund companies delivering “customised solutions for institutional asset management”, including individual hedging strategies, professional risk management and reporting to support institutional investors in their regulatory reporting obligations.last_img read more

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Cricket News AB de Villiers signs to play T20 cricket for Middlesex

first_img For all the Latest Sports News News, Cricket News News, Download News Nation Android and iOS Mobile Apps. London : AB de Villiers has signed to play for English county side Middlesex in the Twenty20 Blast, the club announced on Monday. The South African batsman is a second significant marquee signing for head coach Stuart Law, following the announcement that Afghan spinner Mujeeb Ur Rahman will join his squad for the T20 campaign.De Villiers, 35, is available to play in the first seven rounds and, if necessary, will return for the latter stages of the tournament.The batsman has played in every Indian Premier League since its inception in 2008, scoring almost 4,000 runs at an average of just under 40.Also Read | Kareena, Priyanka received their marriage proposal in THIS same country“I have always wanted to play county cricket, and I am very much looking forward to joining Middlesex,” he said. “Playing at Lord’s is always a wonderful privilege.” Law said: “It’s exciting for all here at Middlesex to announce the arrival of AB de Villiers for the T20 Blast this season.“It’s a great opportunity for some of our younger players to pick the brain of one of the best players to have graced the game of cricket and for the support staff to work with him as well.” last_img read more

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