Thursday, August 5, 2010

Post Properties to begin construction on Alexandria aparments - Birmingham Business Journal
Atlanta-based Post Properties Inc. said it will begin construction on the second phase of its Carlyle Square apartment project in Alexandria. The 344-unit luxury apartment complex will be built on Holland Lane near

London Luxury-Home Prices Drop in Month for First Time Since March 2009 - Bloomberg
Luxury-home prices in central London declined in July for the first time in 16 months as the recovery persuaded more owners to sell, broker Knight Frank LLP said. Prices of properties costing at least 1

Wales' Celtic Manor Resort acquires country inn luxury property - WorldGolf.com
NEWPORT, Wales, United Kingdom -- The Celtic Manor Resort - host of golf's 2010 Ryder Cup and premier luxury retreat less than two hours outside London - has acquired an historic country inn adding to its roster of award

High-end home distress: Foreclosures, short sales catching up to luxury properties - Birmingham Business Journal
The trend of short sales, foreclosures and walk-aways from distressed mortgages is moving from outlying, middle-class cities to the mansions of Paradise Valley and Scottsdale. Beth Jo Zeitzer, president of ROI Properties

Concierge Auctions to Present Luxury Bank-Owned Residence in Kona, Hawaii at Live, on Site - Forbes
KONA, Hawaii, July 30 /PRNewswire/ -- A live, on-site auction of a new exquisite island residence perfectly situated on more than 1.6 acres in Kuki'o - home to the exclusive Kuki'o Golf and Beach Club - at 72

Nuance, One51, Google, Tudou, `Paul the Octopus': Intellectual Property - Bloomberg
Vlingo Corp. , whose products help mobile telephones recognize voice commands, sued rival Nuance Communications Inc. alleging infringement of five U.S. patents. Vlingo, based in Cambridge, Massachusetts, is

Brangelina Purchase Luxury Home in Italy - AceShowbiz
Brad Pitt and Angelina Jolie have expanded their property empire by investing in a multi-million dollar mansion in Italy. The Hollywood couple has reportedly added to their property portfolio by paying $40 million for a

Cheung Kong May Say Core Profit Fell on Property Sales, Hutch - BusinessWeek
Aug. 4 (Bloomberg) -- Cheung Kong (Holdings) Ltd., Hong Kong billionaire Li Ka-shing’s flagship builder, will probably post a decline in first-half profit before revaluations as it earned less from apartment

Medicines, Fresenius, Genzyme, Boeing, Google, Puma: Intellectual Property - Bloomberg
Medicines Co. won a court ruling that may provide an additional four years of patent protection on its anticoagulant drug Angiomax, which accounts for almost all of the company’s revenue. U.S. District Judge

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