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Demolition to begin within days for $150m beach development
Demolition to begin within days for $150m beach development

News.com.au

time28-05-2025

  • Business
  • News.com.au

Demolition to begin within days for $150m beach development

Construction works are soon to begin on a new luxury complex in the Gold Coast, which inspired its developers to get their own homes on the $150 million site. Developer Graya will start demolition work on June 2 for its new Broadbeach development, 'Enclave': a 24 storey building and the company's tallest yet - with a two year construction time-frame. With at least $80 million in sales so far, around half the project's 24 luxury residences have already sold. Graya Associate Director Shaun Mets said they built Enclave with an approach towards wellness in a suburb with easy access to both Brisbane and the Gold Coast. 'That level of accessibility is really valuable to our customer base,' he said. 'It's a suburb on the Gold Coast that is really maturing … [with] those little amenity nuggets that our residents really look for in a place to call home. And there's just gonna be more of that as Broadbeach comes into its own.' The project includes offerings such as eight half-floor apartments from 140 – 160 sqm. Ranging from two to three-bedroom homes, these smaller luxury offerings within the complex sold out shortly after sales began. The majority of the residences in the building are the 15 full-floor units at 305 sqm. Each of the full-floor units feature a 7 metre-long kitchen island, made from a stone feature marble Mr Mets described as 'unique' to the development. But the best (and priciest) spot in the building is the penthouse: a three-level residence estimated to be worth more than $25m. 'The master suite is basically the same size as our three-bedroom apartments below,' Mr Mets said. 'There's nothing else quite like that, being a three level house in the sky; it really is a sky home.' Everyone within the building will also have access to a private rooftop pool with views across Broadbeach, along with a comprehensive concierge service accessible through residents' smart phones. Both of Graya's founders, Rob and Andrew Gray, have purchased full-floor residences within the tower. 'Our remit for choosing a development site is based around somewhere we would want to live,' Mr Mets said. 'For us, it just made a lot of sense to retain something within the building, and Rob and Andrew wanted to both keep something they could keep with their families.'

AML Watcher Launches Flagship Event Series 'Watcher's Enclave' – Kicks Off in Dubai, Heads Next to Singapore
AML Watcher Launches Flagship Event Series 'Watcher's Enclave' – Kicks Off in Dubai, Heads Next to Singapore

Associated Press

time08-05-2025

  • Business
  • Associated Press

AML Watcher Launches Flagship Event Series 'Watcher's Enclave' – Kicks Off in Dubai, Heads Next to Singapore

Singapore, May 8, 2025 -- AML Watcher, a leading AML compliance solution, proudly announces the successful launch of its flagship global event series, Watcher's Enclave, beginning with a powerful debut in Dubai on March 22. With the momentum from this groundbreaking gathering in the United Arab Emirates, AML Watcher is now bringing the conversation to Asia Pacific, with the next Watcher's Enclave scheduled to take place in Singapore on May 22, 2025. The next stops for Watcher's Enclave after MENA and APAC are Europe and North America. Watcher's Enclave is envisioned as a platform to connect and empower AML Compliance professionals worldwide. True to AML Watcher's mission of simplifying AML Compliance and helping organizations scale, the Enclave provides a much-needed space for compliance officers to voice their jurisdiction-specific AML Compliance challenges and network with like-minded people. ' Watcher's Enclave is about listening to real-world AML compliance challenges and building solutions in response that truly solve those challenges. We're creating a global platform for dialogue, innovation, and actionable change—Singapore is the next step in that mission,' said Oonagh Van Den Berg, Director of Advisory & Growth at AML Watcher. With global AML regulations and sanctions regimes becoming increasingly complex and fragmented, compliance teams are under growing pressure to navigate a labyrinth of conflicting rules, often with limited resources. The Watcher's Enclave aims to bridge the widening gap between one-size-fits-all technology solutions and the nuanced, on-the-ground challenges AML professionals face in different parts of the world. This initiative fosters a collaborative and inclusive environment where compliance experts can share insights into how their AML programs evolve in response to macroeconomic shifts, emerging financial crime typologies, region-specific legal reforms, and whether their existing AML Data and transaction screening solutions are sufficient. From discussing the tightening sanctions regimes to evolving regulatory frameworks in crypto and fintech, the Enclave fosters conversations that bring these pressing realities to the forefront. Being a disruptor, AML Watcher is revolutionizing AML and sanction screening by setting the foundations right. This means integrating the screening data in line with the AML regulatory requirements for each jurisdiction and helping businesses comply with the risk appetite set in their specific AML Compliance programs. The result: a more innovative, more context-aware RegTech solution that evolves in lockstep with the regulatory environments it serves. This enables organizations not only to remain compliant but to redirect energy and resources toward innovation and sustainable growth. Rather than retrofitting generic compliance tools to local realities, AML Watcher is committed to building solutions with the people who use them, ground up, adaptive, and fit for purpose. The upcoming Watcher's Enclave in Singapore promises to continue this mission, offering a platform for discussion, innovation, and meaningful progress in the AML space. Contact Info: Name: Oonagh Van Den Berg Email: Send Email Organization: AML Watcher Website: Release ID: 89159519 Should you identify any discrepancies, concerns, or inaccuracies in the content provided in this press release or require assistance with a press release takedown, we strongly urge you to notify us promptly by contacting [email protected] (it is important to note that this email is the authorized channel for such matters, sending multiple emails to multiple addresses does not necessarily help expedite your request). Our responsive team is committed to addressing your concerns within 8 hours by taking necessary actions to resolve identified issues diligently or guiding you through the necessary steps for removal. Our dedication lies in providing accurate and reliable information.

Buick, GMC secure top safety pick status after many years
Buick, GMC secure top safety pick status after many years

Yahoo

time22-04-2025

  • Automotive
  • Yahoo

Buick, GMC secure top safety pick status after many years

For the first time in many years, the GMC Acadia and the Buick Enclave qualified for the Top Safety Pick and Top Safety Pick Plus awards, respectively, in the latest testing round for vehicle safety ratings from the Insurance Institute for Highway Safety. The 2025 Buick Enclave midsize SUV attained the Top Safety Pick Plus award, the highest rating in the IIHS top safety study. The 2025 GMC Acadia attained Top Safety Pick this year but fell short of Plus status for scoring only 'acceptable' in a crash test updated earlier this year. David Aylor, vice president of active safety at IIHS, said both General Motors vehicles produced for the 2025 model year achieved higher rankings after meeting more stringent crash-safety and headlight requirements. Both vehicles missed out on IIHS's initial list of award winners back in March due to subpar headlight ratings, but changes implemented midyear meant the newest Enclaves and Acadias come standard with headlights that pass muster, according to the institute. Not since 2013 has the Enclave reached Top Safety Pick status, while the Acadia last obtained the distinction in 2017. IIHS updated its safety testing program this year to include requirements ensuring second-row occupants have the same level of protection afforded by advanced seat belts in the front row. This is determined on a test track where impact on 40% of the front end of a vehicle and damage to both the driver and a rear occupant behind the driver's seat is measured. Previously, acceptable ratings in this test sufficiently met requirements, but the updated test requires a 'good' rating to pass the category. GM sold 11,067 Buick Enclaves in the first quarter of 2025 and 13,257 GMC Acadias. The all-electric 2025 Cadillac Lyriq midsize luxury SUV, meanwhile, failed to reach top safety standards after flunking the headlight test. While GM repositioned headlights in the Acadia and Enclave to protect the vision of oncoming drivers, the Lyriq's headlights remain cocked at an unsafe angle, according to Aylor, earning the vehicle a 'poor' rating. 'The Lyriq would have qualified except its headlight produced excessive glare,' he said. IIHS uses sensors that measure vision distance and glare for vehicles in headlights' sight when grading performance on its Virginia test track. Qualifications for either award require brands meet 'good' ratings in small overlap front and side tests, rank 'acceptable' or 'good' for pedestrian front crash prevention evaluation as well as 'acceptable' or 'good' ratings for headlights. Also newly tested in this year's safety rating qualifications were the Audi Q6 Sportback e-tron, Kia K4, Nissan Kicks, Nissan Rogue, Nissan Sentra and Toyota Tacoma crew cab. One reason why IIHS staggers vehicle announcements for its safety list is to account for the time frame when vehicles undergo product updates and releases as well as when the institute can obtain the vehicles for testing. In addition to substandard performance, IIHS noted that missing data could also contribute to a failing grade, Aylor added. Not every vehicle that is new or significantly updated for 2025 has been tested for the full suite of ratings and may yet qualify. Only one vehicle in the latest batch of tested vehicles, the luxury SUV 2025 Audi Q6 e-tron, secured 'good' ratings in all categories. Jackie Charniga covers General Motors for the Free Press. Reach her at jcharniga@ This article originally appeared on Detroit Free Press: Two GM vehicles get top safety ratings from Insurance Institute

The Biggest Winners and Losers in Auto Sales in Q1 2025
The Biggest Winners and Losers in Auto Sales in Q1 2025

Yahoo

time03-04-2025

  • Automotive
  • Yahoo

The Biggest Winners and Losers in Auto Sales in Q1 2025

We're now three months into 2025, so it's time to pore over the sales charts to see which automakers started 2025 on the right foot and which will need to step things up in the remaining three quarters of the year. We will publish our list of the 25 bestselling cars, trucks, and SUVs for 2025 when the full information is available later this month, but for now, we've rounded up a list of winners and losers from the first quarter of 2025 in the world of automotive sales. Read about the winners and losers from 2024: 2024 SalesGeneral Motors produces over 20 different SUVs across four brands, and the vast majority of GM's SUV arsenal got off to a hot start in 2025. For Buick—which exclusively sells SUVs—this meant a 39 percent increase in overall sales, boosted by a 53 percent rise for the Encore GX, a 54 percent increase for the Envista, and a 37 percent increase for the Enclave. Over at Chevy, the recently redone Equinox and Traverse saw jumps of 31 percent and 62 percent, respectively, while the refreshed Tahoe (28 percent) and Suburban (40 percent) also did well. The Trax, priced starting at less than $22K, continues its meteoric rise with a 57 percent bump to 59,021 units, while the Equinox EV nearly matched its best quarter from last year. GMC's lineup is also fresh, with the new Acadia up 73 percent and the facelifted Yukon up 30 percent, although the Terrain declined as GMC readies the third generation of its compact SUV. Cadillac wasn't as successful as its sibling brands but the Escalade rose 39 percent, the Escalade IQ nearly tripled its sales from the final quarter of last year, and the new Optiq EV got on the board with 1716 units.2024 marked the second model year for the Toyota bZ4X and Subaru Solterra. After slow starts, both models made huge gains last year, with the Solterra eclipsing 12,000 units and the bZ4X doubling its sales to 18,570 units. Both SUVs continue heating up. The bZ4X rose 196 percent in the first quarter versus 2024 with 5610 units, and the Solterra was up 173 percent to 3131 units. For Toyota, the bZ4X was part of a 44 percent increase for its electrified lineup. The Prius (25 percent), Sienna (47 percent), and Corolla Cross Hybrid (19 percent) also SUVs dominate the automotive landscape, the sedans from South Korea thrived in the first quarter. The Kia K4—which went on sale last year to replace the Forte—found 37,004 buyers, up 10 percent, although a few of these sales are likely remaining Fortes, as Kia doesn't separate each model in its sales chart. The mid-size K5, which received its own snazzy refresh for 2025, was up a whopping 133 percent with 15,747 sales. Over at Hyundai, the Elantra experienced a 25 percent rise to 33,490 units and the Sonata was up 20 percent to 15,797 sales were also strong at Nissan, despite the Japanese automaker's current dicey financial situation. The Versa almost doubled its sales in 2024 with 42,589 units and is already almost halfway there through the first quarter with 19,130 sales, a 156 percent rise. The Sentra also continued surging after a strong 2024, notching 54,536 sales, a 36 percent increase. Altima sales climbed 25 percent, reaching 35,809 units. Despite the big gains, Nissan plans to go from three sedans to just one next year, with the Altima and Versa bowing out after 2025 and the Sentra growing slightly to cover the Altima's the totals are low compared to more practical segments, nearly every Japanese sports car saw an uptick in sales through the first quarter of the year. The Nissan Z, now in its third model year, sold so slowly at first that it almost felt like a mythical creature. But Nissan managed to move 2154 units so far in 2025, up 221 percent over the same period last year. Sales of the Toyota GR86 rose 36 percent with 2041 sales, while its Subaru BRZ twin was up 4.7 percent to 802 units. Over at Mazda, the MX-5 Miata climbed 73 percent to 2446 units. The only sore spot among Japanese sports cars was the Toyota Supra, which slid 13 percent to 421 discontinuation of the popular gasoline-powered Challenger and Charger hit Dodge hard, and the brand's overall sales dropped 49 percent in the first quarter. This time last year the Challenger and Charger had combined for over 20,000 sales, but the new electric Charger Daytona—which went on sale this quarter—managed just 1947 units. In fact, Dodge still sold more gas-powered 2024-model-year Chargers and Challengers combined in the first quarter than the EV. Still, the new Charger should tick up, especially once the gas-powered Sixpack variant arrives later this year, although the V-8 remains missing for the time being. Dodge experienced big declines elsewhere too, with the Hornet SUV, only in its third model year, dropping 45 percent and the aging Durango sliding 9 with the Charger Daytona's slow start, the other two remaining American sports cars struggled in the first three months of 2025. The mid-engine Corvette dropped 21 percent to 6794 units, but an incoming refresh for the 2026 model year should help revive the icon's sales. Meanwhile, the Ford Mustang, despite no longer having to face off against the Camaro or Challenger, declined 32 percent to 9377 gigantic Jeep Wagoneer and Grand Wagoneer have never been able to match the popular Cadillac Escalade in the full-size luxury SUV segment, but they fell even further behind to start 2025. Wagoneer sales slid a massive 59 percent to 5400 units, while the fancier Grand Wagoneer dropped by 48 percent to 1849 units. The latter figure was even lower than the new electric Wagoneer S, which managed to move 2595 units in its first full quarter on the Toyota Crown and Toyota Highlander suffered in the first quarter of the year, largely, it seems, due to internal competition. The Highlander's sales began a noticeable decline with the introduction of the more spacious Grand Highlander for 2024 and sales fell 63 percent in the first quarter to 12,017 units, The Grand Highlander, meanwhile, notched 25,718 sales. The Crown, a raised sedan that effectively replaced the Avalon, was hurt by the arrival of the Crown Signia, an SUV that cuts a low, wagon-like shape. Crown sales were down 71 percent to 2236 from 7685 units in the first quarter of 2024, while the Crown Signia showed up and collected 7908 cooled for Audi's electric lineup across the board to start the year. The brand's electric flagship, the e-tron GT, had a dismal first quarter, down 68 percent to just 250 units. The Q4 e-tron SUV dropped 29 percent, with the Sportback variant down 34 percent, and the larger Q8 e-tron fell 75 percent, with the Q8 e-tron Sportback declining by 80 percent. Some of the decline for both SUVs could be explained by the arrival of the Q6 e-tron, which slots between the two and racked up 3246 sales. The Q8 e-tron is likely living on borrowed time, but the drop is not ideal for the Q4, which is Audi's most affordable EV. You Might Also Like Car and Driver's 10 Best Cars through the Decades How to Buy or Lease a New Car Lightning Lap Legends: Chevrolet Camaro vs. Ford Mustang!

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