Judge says Realogy, not SIRVA, violated terms of the deal. The ruling means the acquisition won’t go forward, but Realogy can pursue a $30M termination fee.
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Day: <span>July 22, 2020</span>
The firms argued they could boost CoreLogic’s performance. CoreLogic said they undervalued the company, and the ensuing disagreement has turned into a bitter battle.
If you’re working from home due to the health pandemic, you know the benefit of separating your home life from your work life.
For those living in houses where it feels like the walls are caving in with too many people living on top of each other, perhaps a backyard study pod is a great solution.
StudyPod by Livit is designed for people working from home during the COVID-19 pandemic.
Norwegian company Livit specialises in creating stylish, minimalist, prefabricated micro buildings and have come up with the StudyPod for those that need an extra bit of space, without having to do a full-scale renovation on their house.
For around $20,000, the study pods offer a chic black space with internal dimensions of 2×1.8m, which will fit a home study setup, king-sized bed, yoga space or an extra playroom for the kids.
StudyPod by Livit comes with a detachable desk.
The pod is fitted with black tinted glass so once inside you can see out, but know you have complete privacy.
It’s delivered to lucky European residents (sadly not yet for Australians) ready to go with or without a detachable desk so the new owners can get straight to work.
Adding an extra room to your home during the health crisis could help you get more work done. Picture: Livit
Designer, Torstein Aa, said in a press release that the goal at Livit is to create amazing experiences for people.
“The Studypod is something we think can truly add value to people’s everyday lives, by giving them breathing space without distractions, where they can focus and get close to nature,” Mr Aa said.
The post A tiny backyard black box that could be key to iso life appeared first on realestate.com.au.
Judge says agents don’t have a right to benefit from the contributions of fellow Realtors while withholding their own listings. In response, Top Agent Network criticizes policy’s exception for office exclusives.
The fundraising round values the tech-focused home insurance company at $1.5 billion.
Prime Site. The Raging Thunder building at 52-54 Fearnley Street, Portsmith has been sold by Rob Macfarlane of Knight Frank.
A MAJOR Cairns tourism company has sold a large industrial tourism site to a local investor.
The Experience Co building on 52-54 Fearnley St Portsmith has been sold by Rob Macfarlane of Knight Frank for a lease back agreement of under $2m.
He sold the property to a discreet local investor, who didn’t wish to be identified.
The property occupies a land area of just over an acre with frontage to Fearnley Street of 40m.
Mr Macfarlane said Experience Co, who purchased the building when they bought out Raging Thunder, had decided the large industrial property wasn’t suitable for their needs.
“They run Raging Thunder as well as a number of other tourism businesses and the property was a little out of the way for them,” he said.
“It had been up for sale for six months, though it hadn’t been actively on the market.
“Experience Co got the property when they bought out Raging Thunder, so they were happy to give the lease back and be a tenant.
“The buyers have been in Cairns a long time, and are certainly happy with the property.”
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Experience Co will remain as the building’s tenants until the end of a 12-month contract, after which a new tenant will move in.
Mr Macfarlane said the property had a number of key features to allow for diversification for future multiple tenants, such as over 600sq m of fitted out office space over two levels which connect to the high clearance warehouse directly behind, and a further 250sq m of low clearance warehouse, partly running along the side of the property.
The balance of the land is made up of hardstand and parking together with a freestanding, approved commercial kitchen facility located at the rear of the property.
The property provides exposure and presence to Fearnley Street and is only a five-minute drive to Cairns CBD, making the property a solid long-term investment in the tightly held industrial precinct of Portsmith.
For information on commercial investments phone Rob Macfarlane of Knight Frank Cairns on 0409 636 943 or 4046 5330.
The post Experience Co sells Raging Thunder under leaseback to discreet local investor appeared first on realestate.com.au.
Redfin CEO Glenn Kelman discusses the short- and long-term outlooks for RedfinNow in a chat with Austin Smith, the director of Millionacres.
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Brown Harris Stevens CEO Bess Freedman called for compromise in the face of an impending wave of evictions as CARES Act benefits are set to expire.
G&M Realty is asking the U.S. Supreme Court to review a ruling that awarded $6.7 million to artists whose work at the 5pointz graffiti Mecca was destroyed.