Developer fast-tracks final release to meet demand from buyers

first_imgA SUCCESSFUL sellout of stage one in just eight weeks has prompted the early release of the final stage of the up-market The Tilbury residential development at Coomera.The $30 million 69-townhome project is being developed by Gold Coast-based Bos Property Group.Project director Steve Harrison attributed The Tilbury’s early success to the elevated nature of the site at 39 Old Coach Rd, plus a stunning recreation club and lap pool overlooking the Gold Coast.“There are very few remaining sites in the growth corridor between Nerang and Ormeau that offer skyline views of the Gold Coast,” he said. “The townhomes are also very reasonably priced from $389,400 and feature quality finishes.” Bos Property Group project has Gold Coast skyline views.More from news02:37Purchasers snap up every residence in the $40 million Siarn Palm Beach North9 hours ago02:37International architect Desmond Brooks selling luxury beach villa1 day agoAll designs have three bedrooms, some with an additional study, and there are two and three-bathroom configurations with a split-level option.Mr Harrison said the majority of buyers were local owner-occupiers but the project had also drawn interest from Sydney and southeast Queensland investors.“When Bos Property Group bought the site in 2011 it had DA approval for 144 retirement units,” he said. “But the group decided to build less than half this amount on up-market townhomes that would all have expansive views of the Gold Coast.” The Tilbury features an 18m resort pool, club lounge, barbecue, entertainment areas and landscaped gardens.It is close to Coomera Marine Precinct, the $1 billion Coomera Town Centre project, M1 Motorway, Coomera train station and the $50 million Coomera Square. Completion is expected in July.last_img read more

Ex-CEOs of major European pension funds back new climate endowment

first_imgThree individuals were identified as “initiators and founders” of the endowment:Jochen Wermuth, founder of German family office Wermuth Asset Management and member of the investment committee of Germany’s newly created €24bn fund to finance the storage of nuclear waste;Markus Bodenmeier, co-founder of AQAL, a Munich-based multi-family office; andPatrick Horend, former special situations investor and risk manager at the Abu Dhabi Investment Council.AQAL and Wermuth Asset Management are also separately named as backing the launch. Philippe Desfossés (top) and Mats AnderssonThe initiators of Climate Endowment aim to raise €20bn-40bn in commitments from the public and private sector.It is due to be launched in the autumn and will be headquartered in Berlin, “the centre of the energy transition and home to many research and policy institutions on climate change”, the statement said.Targeting institutional investors such as EU pension funds, it said it would focus on illiquid investments in renewable energy, new mobility, and related clean tech assets.Large US endowments had achieved better financial results than EU pension funds and insurers over the past decades, according to the statement, which attributed this to the former being able to invest with a long-term horizon, “largely in illiquid assets, alternative asset classes and largely taking equity risk”.EU pension funds and insurers, in contrast, were prevented from investing in this way by regulation, and often did not have the resources to do so. The former chief executives of two major European pension funds are supporting a planned new endowment focused on investing in climate change solutions.Mats Anderson, former CEO of AP4 in Sweden, and Philippe Desfossés, ex-CEO of France’s ERAFP, are supporting the founders of the Climate Endowment, according to a press release.Stephen Blyth, former chief of Harvard University’s endowment fund, is the third major investment expert on the new group’s advisory panel.According to the press release, the Climate Endowment was being launched as “an urgent response to the climate crisis and to the European voters’ outcry for a green revolution”.last_img read more

Heisler: Walton was Laker choice all along and they were his

first_imgThis column was originally about my favorites in the Laker coaching search among Luke Walton, Jeff Van Gundy, Kevin Ollie, Ettore Messina, David Blatt, John Calipari, Jay Wright, Red Auerbach, Adolph Rupp and everyone else whose name was thrown into it: 1) Luke, 2) Luke, and 3) Luke.Within hours of sending it to the office, the Lakers hired Luke.• RELATED: Lakers believe Luke Walton will relate to young players well This is about his fit over the l-o-n-g haul that rebuilding will require: Luke with the team he played eight seasons for; with Jerry Buss’s Showtime philosophy; with Jeanie Buss’ yearning to recreate her father’s vision … and with Phil Jackson who could be running the Lakers in a year.In this specialized era, choosing a coach means choosing a style of play … and the Lakers weren’t doing so well at it.As opposed to knowing who and what they were — a franchise built on a crowd-pleasing, high-scoring offense — the Lakers did what everyone else does, alternating between the coaching styles they had just had and no longer wanted.If they fired a defensive coach like Mike Brown, they hired an offensive one like Mike D’Antoni.If they replaced an outsider like D’Antoni, they hired Byron Scott who was Laker Family.It’s not like they never adapted. Jackson’s triangle wasn’t Showtime but it was OK with Jerry Buss if Phil could win him five titles.There was less comfort if defensive coaches like Brown, Scott — or Tom Thibodeau, who was considered at midseason — didn’t win titles or make the playoffs.Walton fits across the board. He’s Laker Family. He’ll bring Golden State’s Showtime-on-rocket-fuel offense. He gives the Lakers, who were scorned for appearing antiquated, a modern face.• RELATED: Hiring Luke Walton is Lakers’ best move in yearsThis was such a natural you could see it coming months ago. You could see this day coming months ago. I wrote my first column on Scott leaving and Walton coming in January.The fact that it just happened within days suggests that Walton was the Lakers’ choice, and they were his, all along.Laker GM Mitch Kupchak is close with Warriors GM Bob Myers, who was a Santa Monica-based agent before Golden State hired him.Jerry West, Mr. Laker, is now a Warrior consultant while his son, Ryan, is the Laker player personnel director.The Lakers are thought to have asked the Warriors unofficially if Luke would be available and interested, and gotten a “yes” on both counts.“If the Laker didn’t do that,” says a league source, “they weren’t doing their job.”That may explain the timing of Scott’s firing, in what was then a surprise move.As for Jackson, who could be Walton’s future boss, Phil has called Luke “my surrogate son.”Jeanie Buss has overall charge but isn’t a basketball person–and knows it. She will surely bring Jackson, her fiance, back next summer if he’s available with an out in his Knick contract.Jeanie just told FoxSports Radio that before Phil took the Knick job, she asked her brothers and sisters, all co-owners, if she could hire him “because it would make me better at my job….“My brother (Jim) made it clear that he and Mitch didn’t need another voice in the front office.”Of course, Jeanie has plans for Jim, who vowed off-handedly to step down if the team wasn’t back “in two or three years.”Jeanie has said — often — that means making the West Finals next season, or else, which would be another happy day for Laker fans.Irony alert: Kerr says he copped the Golden State offense from D’Antoni’s Phoenix offense.Unfortunately for the Lakers, D’Antoni couldn’t have fit worse: chosen over Jackson, with Kobe Bryant and Steve Nash going down annually and two bigs, Dwight Howard and Pau Gasol, who didn’t work in his offense but would have been great for Jackson’s triangle.Now the fit couldn’t be better. D’Angelo Russell, Julius Randle and Jordan Clarkson will get to show what they can do in a wide-open offense without Kobe under a popular Laker Family coach.You’ve got to start somewhere, however belatedly.Mark Heisler has written an NBA column since 1991 and was honored with the Naismith Hall of Fame’s Curt Gowdy Award in 2006. His column is published Sundays in Southern California News Group print editions. What can I say about it but … couldn’t you guys have held off a couple days so I didn’t have to rewrite?So this just turned into a column about what the hiring means.No, happy days aren’t here again in Lakerdom.I wasn’t pro-Luke because he went 39-4 with the Warriors while Steve Kerr was out.If that made Walton a hotter-than-hot prospect, the Lakers can use the sizzle but it’s not about miracle turnarounds. After 43 games with the Lakers, Luke’s likelier to be 4-39 than 39-4.center_img Newsroom GuidelinesNews TipsContact UsReport an Errorlast_img read more

Dave Chappelle addresses LeBron James vs. Laura Ingraham, Kobe Bryant’s death in new special

first_imgNetflix dropped a surprise Dave Chappelle stand-up special Friday morning, but the 46-year-old comedian clearly had more on his mind than punchlines.Chappelle covered a number of hot-button issues in “8:46,” a title referencing the amount of time former Minneapolis police offer Derek Chauvin kneeled on George Floyd’s neck. Video of the incident has sparked nationwide outrage and protests against racial injustice and police brutality, and Chauvin was later charged with second-degree murder. MORE: How Colin Kaepernick’s protest started a movement in NFLAbout 15 minutes into his set, which was filmed in Yellow Springs, Ohio, and followed social distancing guidelines amid the coronavirus (COVID-19) pandemic, Chappelle ripped Fox News host Laura Ingraham and defended Lakers star LeBron James, “one of Ohio’s greatest residents ever” in Chappelle’s eyes. Ingraham recently faced criticism for saying Saints quarterback Drew Brees had the right to share his views about NFL players kneeling during the national anthem after previously telling James to “shut up and dribble” when it comes to politics.”Let me tell you something about LeBron. This n— was on the cover of Sports Illustrated when he was 17 years old and exceeded every expectation that they had for him,” Chappelle said. “This business is treacherous. This is a good guy, LeBron. He’s a family man, and this, that and the other. He didn’t let anyone down. …”This b— told my friend to ‘shut up and dribble.’ My friend is the best at something, and this b— is not the best at anything. Just a regular-ass white b— with a platform. And I use the word ‘b—’ all the time because [it’s a black thing].”Dave Chappelle with some praise for LeBron James for speaking up on racism courtesy of @NetflixIsAJoke: pic.twitter.com/RcU5iaZMoY— The Lakers Review (@TheLakersReview) June 12, 2020Near the end of the 27-minute special, Chappelle spoke about the impact of Kobe Bryant’s death. The Lakers legend died in a helicopter crash on Jan. 26, 2020, the same day Chappelle won a Grammy award for Best Comedy Album. He also noted his birthday, Aug. 24, is a combination of the two numbers Bryant wore during his NBA career.”I loved Kobe Bryant,” Chappelle said. “He died the day I won a Grammy. He died. That’s why I didn’t show up at the Grammys, because Kobe died. … I cried like a baby.” “I loved Kobe Bryant. He died the day I won a Grammy. That’s why I didn’t show up at the Grammys, because Kobe died. They had both of his f—–g jersey numbers hanging up – 8, 24. Well that’s my birthday. I cried like a baby.” – Dave Chappellevia “8:46” pic.twitter.com/6FsOtHrdaX— The Undefeated (@TheUndefeated) June 12, 2020There are a few jokes sprinkled throughout “8:46,” but it is more a stream of consciousness than a typical stand-up routine. This is the most raw version of Chappelle and, arguably, the most captivating.You can watch the full special below (explicit language).last_img read more