Latest news with #investmentopportunity
Zawya
7 days ago
- Business
- Zawya
Global Investors Eye Bangkok's Rarest Luxury Wellness Penthouses at Award-Winning ROMM Convent
Multi-Award Winning Development Captures International Attention with 2-Star Fitwel Certification, Asia Pacific Property Awards, and PropertyGuru Excellence Recognition BANGKOK, THAILAND - Media OUtReach Newswire - 4 June 2025 - Proud Real Estate has unveiled an extraordinary investment opportunity at ROMM Convent —Bangkok's premier wellness-integrated residence in the prestigious Sathorn-Silom CBD. The only two duplex sky penthouses available, representing the pinnacle of luxury wellness living in Southeast Asia, are now available to discerning global investors. These architectural masterpieces have captured international attention, with ROMM Convent receiving multiple prestigious accolades including Best Condo Development and Best Architectural Design at the Asia Pacific Property Awards, Best Wellness Residences Development from PropertyGuru, and a coveted 2-Star Fitwel Built Certification—a global standard in wellness design excellence. Investors are drawn by proven returns, with rental yields of 4–5.8% per annum and capital gains averaging 3–5.4% annually. Amid a climate of accelerating international demand, ROMM Convent stands out as both a secure asset and an aspirational lifestyle investment—offering exceptional value in one of Southeast Asia's fastest-growing real estate markets. Bangkok's Luxury Market: A Magnet for Global Capital Bangkok continues to command the interest of investors worldwide, with the luxury condominium segment outpacing regional peers and anticipated to achieve sustained annual growth of 3–5% through 2027. In 2024 alone, international buyers accounted for 39% of total sales value, with large-format residences over 150 sq.m. in prime central locations witnessing robust absorption. The Silom–Sathorn district is in the midst of a transformation, with over THB 600 billion in public and private investment projected through 2035. This surge of mega-projects is redefining the urban landscape, creating new opportunities for capital appreciation and rental demand—particularly as Bangkok's tourism sector continues its strong recovery. ROMM Convent: A Sanctuary for Global Citizens Strategically positioned for expatriates, professionals, digital nomads, and retirees, ROMM Convent offers unrivaled access to both tradition and modernity. Residents enjoy proximity to Bangkok's leading international schools—including St. Andrews Sathorn, Shrewsbury International, and King's College—as well as world-class medical centers such as BNH Hospital, MedPark, and King Chulalongkorn Memorial Hospital. With average rental rates of THB 800–1,200 per sq.m. per month, the area delivers healthy yields of 4–5.8% per year and robust capital gains of approximately 3–5.4% annually, underpinned by consistently high tenant demand. The Pinnacle of Wellness-Integrated Living The Duplex Sky Penthouses at ROMM Convent are a masterclass in architectural innovation and holistic well-being. Each residence spans 418.61–467.86 sq.m., offering house-like layouts with soaring 6.45-meter ceilings and panoramic skyline views, including Bangkok's most iconic landmarks. Private rooftop gardens create a tranquil green haven, seamlessly visible from both living and bedroom spaces. Exceptional Features Include: • Ultra-Exclusive Ownership: Only two duplex penthouses available. • House-Like Living: Two-story layout located in the heart of Bangkok's CBD • Skyline Views: Panoramic vistas in three directions, including iconic landmarks like MahaNakhon and One Bangkok • Private Rooftop Garden: A serene green escape visible from the main living and bedrooms • Signature Design Elements: Full-height glass, custom wellness detailing, and a serene rooftop retreat. • Gourmet Entertaining: Ice Jade kitchen island, Gorenje ORA ITO appliances, and a 46-bottle wine cellar. • Sophisticated Finishes: Engineered walnut floors, stone-clad kitchens, premium fixtures, and bespoke cabinetry. • Grand Proportions: Four bedrooms, five bathrooms, powder room, and a flexible multi-purpose space. Wellness Technology & Privileged Services: • 2-Star Fitwel Certified Wellness: Recognized global standards in health-optimized living. • 24/7 Health Butler Concierge: Personalized healthcare coordination and support. • Six Levels of Wellness Amenities: Thoughtfully curated for holistic mind-body well-being. • Smart Home Ecosystem: Advanced technology for air quality, energy efficiency, and comfort. • Exclusive Healthcare Partnerships: VVIP privileges with BNH Hospital and BeDee by BDMS. Unmatched Value in Bangkok's Central Business District Starting at just THB 290,000 per sq.m., ROMM Convent's Duplex Sky Penthouses represent one of the most compelling luxury investments in the Sathorn district—delivering exceptional value compared to global property capitals. Ownership is further enhanced by immediate access to VVIP medical privileges at BNH Hospital including special discounts and personalized care from Thailand's top-tier medical professionals—, ensuring both peace of mind and premier healthcare for residents and their families. Limited International Allocation: Secure Your Early Investor Advantage As foreign ownership quotas rapidly reach capacity, Proud Real Estate is pleased to offer the exclusive Early Investor Package (available until June 30, 2025). This limited-time opportunity includes bespoke layout customization and privileged access to tailored services—making now the optimal moment for international investors to secure their stake in one of Bangkok's most rarefied addresses. Invest in an Iconic Lifestyle at ROMM Convent – Where Wellness Meets Luxury Seize the opportunity to own one of the last two Duplex Sky Penthouses at ROMM Convent, where visionary design, holistic wellness, and world-class investment potential converge. Availability is strictly limited—act now to elevate your lifestyle and portfolio with Bangkok's most coveted luxury residence. For more information and personalized assistance, please visit Proud Real Estate or call +662-026-8999. Note: This press release contains forward-looking statements about market performance and investment returns. Actual results may vary. Investors should conduct their own due diligence before making investment decisions. Hashtag: #ProudRealestate #AllisWell #RommConvent #LuxuryWellnessResidences #CondoSathorn #CondoHighRise #Condo #Bangkok #CBD The issuer is solely responsible for the content of this announcement. PROUD REAL ESTATE PUBLIC COMPANY LIMITED Proud Real Estate is Thailand's leading luxury wellness-focused property developer, renowned for creating holistic living environments that seamlessly integrate health optimization, sustainability, and timeless design. With a portfolio of internationally awarded projects, Proud Real Estate consistently delivers above-market investment returns while setting new benchmarks in luxury and resident well-being. The company gained global recognition for the development of InterContinental Residences Hua Hin, one of only eight world-class branded residences under the InterContinental name—further solidifying Proud's reputation for excellence in luxury real estate. Proud Real Estate PLC
Associated Press
03-06-2025
- Business
- Associated Press
Bankruptcy Auction Set for Hollywood 33-Unit Apartment Complex
HOLLYWOOD, Calif., June 3, 2025 (SEND2PRESS NEWSWIRE) — ThreeSixty Asset Advisors and Tranzon Asset Strategies have been appointed by the United States Bankruptcy Court to auction a 33-unit apartment complex located in the heart of Hollywood. The sale process is overseen by Chapter 7 Trustee Sam Leslie for the bankruptcy estate of Marisela Montejo (Case No. 2:24-bk-17786-NB). The auction will take place online on June 17, 2025 at 11 a.m. PDT. The property is prominently situated just south of Franklin Avenue, directly across from the Scientology Celebrity Centre, making it an attractive location for potential buyers. The building features a diversified mix of units, including 20 singles, 9 one-bedroom units, 3 two-bedroom units, and one three-bedroom apartment. The complex sits on an 18,513-square-foot lot with a total building area of 17,095 square feet. The current structure and layout present opportunities for potential expansion or optimization, subject to local city allowances. The property includes 33 parking spaces, a central courtyard, and an on-site laundry facility. Currently, tenants are responsible for electricity, while gas and water utilities are covered by the landlord. Situated within easy walking distance of Hollywood's numerous amenities, dining options, and entertainment venues, this complex is particularly appealing to residents and presents a notable investment opportunity. 'This auction presents an exceptional opportunity for investors looking to acquire a multifamily asset in a prime Hollywood location. The property offers clear potential for value-added enhancements and income growth through strategic and thoughtful management,' said Jeff Tanenbaum, President and Auctioneer of ThreeSixty Asset Advisors. Interested parties seeking more information or specific details regarding property showings and the auction can contact Three Sixty Asset Advisors and Tranzon Asset Strategies by calling 888-314-1314 or visiting Direct inquiries can also be sent to Tiffeny Cook at [email protected]. MULTIMEDIA: Photo link for media: Photo caption: Bankruptcy Court Orders Sale of Prime Hollywood Multifamily Property. MEDIA CONTACT: Tiffeny Cook Tranzon Asset Strategies | ThreeSixty Asset Advisors Phone: 888-314-1314 Email: [email protected] NEWS SOURCE: ThreeSixty Asset Advisors Keywords: Real Estate, ThreeSixty Asset Advisors, Hollywood, auction, apartment, bankruptcy, multifamily, real estate, sale, Los Angeles, investment, cour, Tranzon Asset Strategies, HOLLYWOOD, Calif. This press release was issued on behalf of the news source (ThreeSixty Asset Advisors) who is solely responsibile for its accuracy, by Send2Press® Newswire. Information is believed accurate but not guaranteed. Story ID: S2P126710 APNF0325A To view the original version, visit: © 2025 Send2Press® Newswire, a press release distribution service, Calif., USA. RIGHTS GRANTED FOR REPRODUCTION IN WHOLE OR IN PART BY ANY LEGITIMATE MEDIA OUTLET - SUCH AS NEWSPAPER, BROADCAST OR TRADE PERIODICAL. MAY NOT BE USED ON ANY NON-MEDIA WEBSITE PROMOTING PR OR MARKETING SERVICES OR CONTENT DEVELOPMENT. Disclaimer: This press release content was not created by nor issued by the Associated Press (AP). Content below is unrelated to this news story.
Yahoo
01-06-2025
- Business
- Yahoo
Opinion - Main Street deserves access to private markets
On the campaign trail, President Trump promised to revive the American economy and deliver greater opportunity for working families: to create 'a middle class that is once again the envy of the entire world.' Making that pledge a reality starts with tax cuts and deregulation but doesn't end there. It will require policymakers to reconsider who has access to wealth-building opportunities. Unfortunately, far too many Americans lack the tools available to the wealthy. More Americans deserve the opportunity to invest in private markets, and that's something Trump's administration can provide. The Securities and Exchange Commission has a unique opportunity to help level the playing field. It has been more than 30 years since the agency reviewed the regulatory framework for retail funds created by the Investment Company Act of 1940. By modernizing these outdated rules and expanding access to private markets, the Securities and Exchange Commission can help put Main Street investors back on equal footing with Wall Street and big corporations. Over the last decade, private markets have exploded, growing to around $25 trillion since 2012. Big institutions like pension funds, endowments and hedge funds have long used these investments to earn higher returns than what's available in the stock market. But for everyday Americans? This opportunity to invest is largely off limits. Outdated regulations are primarily to blame. They assume retail investors can't handle the risks of private markets. In reality, institutional fund managers already invest responsibly in private markets on behalf of workers like teachers and police officers. Like any investment, private markets require proper safeguards. But with the right protections in place, there's no reason similar access couldn't be extended to individual investors. This is where the Securities and Exchange Commission can step in. Consider the current restriction that prevents closed-end funds from allocating more than 15 percent of their assets to private funds. This artificial cap locks Main Street investors out of opportunities their pension funds already enjoy. Removing or relaxing this limit — while maintaining proper oversight — would be a good first step toward giving Main Street access to wealth-building opportunities readily available to Wall Street. Closed-end funds are uniquely positioned for private investments, but because closed-end funds often trade a discount to their net asset value, short term arbitrageurs often seek to 'open' fund to capture the spread between traded value and asset value. Such activists seek to profit at the expense of long-term investors. It would help to design governance structures and legal frameworks that ensure the stability funds need to focus on long-term value. This is not to suggest we shouldn't have responsive governance and transparency for all investors, but we should encourage and enable long-term thinking and investing. These common-sense reforms are necessary to remove the barriers that have left the middle class locked out of a key financial tool. We should update old rules to reflect today's economy and empower more Americans to build wealth in the same way institutions and the wealthy already do. If the Trump administration wants not only to support but also to build up the middle class, the solution goes beyond creating good jobs and stimulating economic growth. It will also involve expanding access to the financial opportunities that create long-term wealth. It's time to finally level the playing field and make private markets available to everyone. Vikram Mansharamani, chairman and CEO of Goodwell Foods, is a former lecturer at Harvard and Yale and has served on the boards of closed-end funds, publicly-traded companies, and start-up technology firms. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
26-05-2025
- Business
- Yahoo
Maritime Announces Share Consolidation
Toronto, Ontario--(Newsfile Corp. - May 26, 2025) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") announces it proposes to consolidate the Company's issued and outstanding common shares (the "Common Shares") on the basis of one (1) new Common Share for every ten (10) existing Common Shares (the "Consolidation"). Each shareholder's percentage ownership in the Company and proportionate voting power will remain unchanged after the Consolidation, except for minor changes and adjustments resulting from the treatment of any fractional Common Shares. Management believes the Consolidation will help facilitate ongoing organic growth while providing the Company with increased flexibility for future corporate initiatives. This proposed Consolidation aims to attract new shareholders and improve the marketability of the Common Shares as a compelling investment opportunity. As a result of the Consolidation, the 1,119,460,072 Common Shares issued and outstanding prior to the Consolidation will be reduced to approximately 111,946,007 Common Shares. The exercise price of the Company's existing incentive stock options under the Company's omnibus equity incentive plan, the number of Common Shares issuable thereunder, and the exercise price and number of Common Shares issuable under certain outstanding warrants will be adjusted in accordance with the Consolidation. The Consolidation was approved by shareholders at the Company's Annual General and Special Meeting held on August 8, 2024, but remains subject to the approval of the TSX Venture Exchange (the "TSX.V"). The effective date of the Consolidation will be on June 16, 2025. The Company will not be changing its name in conjunction with the Consolidation. About Maritime Resources Corp. Maritime (TSXV: MAE) (OTC Pink: MRTMF) is a gold exploration and development company focused on advancing the Hammerdown Gold Project in the Baie Verte District of Newfoundland and Labrador, a top tier global mining jurisdiction. Maritime holds a 100% interest directly and subject to option agreements entitling it to earn 100% ownership in the Green Bay Property which includes the former Hammerdown gold mine and the Orion gold project. Maritime controls over 439 km2 of exploration land including the Green Bay, Whisker Valley, Gull Ridge and Point Rousse projects. Mineral processing assets owned by Maritime in the Baie Verte mining district include the Pine Cove mill and the Nugget Pond gold circuit. On Behalf of the Board: MARITIME RESOURCES CORP. Garett Macdonald, MBA, President and CEOPhone: (416) 365-5321info@ TwitterFacebookLinkedInYouTube Caution Regarding Forward Looking Statements: Certain of the statements made and information contained herein is "forward-looking information" within the meaning of National Instrument 51-102 - Continuous Disclosure Obligations of the Canadian Securities Administrators. These statements and information are based on facts currently available to the Company and there is no assurance that actual results will meet management's expectations. Forward-looking statements and information may also be identified by such terms as "anticipates", "believes", "targets", "estimates", "plans", "expects", "may", "will", "could" or "would". While the Company considers its assumptions to be reasonable as of the date hereof, forward-looking statements and information are not guarantees of future performance and readers should not place undue importance on such statements as actual events and results may differ materially from those described herein. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. The forward-looking statements in this news release include without limitation, statements with respect to the Consolidation, including obtaining all required approvals, among others. All forward-looking information contained in this press release is given as of the date hereof, and is based on the opinions and estimates of management and information available to management as of the date hereof. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events, or otherwise, except as may be required by applicable securities laws. Neither the TSX.V nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release. To view the source version of this press release, please visit
Malay Mail
15-05-2025
- Business
- Malay Mail
After Record Sell-Out, FINNS Bali Resort Launches Stage 2 Sales
Following the record-breaking success of Stage 1, Mirah Investment & Development is thrilled to announce the official launch of Stage 2 sales for FINNS Bali Resort — the island's most anticipated resort. FINNS Bali Resort - Stage 2 Launch Party BALI, INDONESIA - Media OutReach Newswire - 15 May 2025 - Located on the in the ultra-hip Berawa region in Bali, and developed in partnership with Bali's iconic hospitality brand, FINNS Bali, this resort brings together luxury accommodation, world-class facilities, and premium investment opportunities in a one-of-a-kind 1 has sold out of 88 units, making it one of the top selling developments with its launch only a few months earlier. Stage 2 continues that momentum, driven by lifestyle-focused buyers and seasoned investors eager to be part of the FINNS Bali legacy drawing strong interest from both local and international investors. With construction moving swiftly, Stage 2 now offers a limited release of suites for those who missed out on the initial on a prime 1.7-hectare site in Berawa, FINNS Bali Resort is a lifestyle-driven destination offering 274 hotel suites with a full spectrum of facilities for wellness, sports, recreation, family, and entertainment. Guests and owners will enjoy exclusive access to FINNS Beach Club , FINNS VIP Beach Club, and the soon-to-launch Empire Day & Night Club — a hospitality lineup unmatched anywhere else in Bali. It is set to become one of the leading holiday destinations in Bali.A launch event was held to celebrate the Stage 2 opening, attended by industry leaders, investors, and stakeholders from FINNS Bali and Mirah Investment & Development . The evening was hosted at FINNS' Monsoon with drinks and entertainment continuing at FINNS VIP Beach will enjoy a range of exclusive privileges, including complimentary stays, preferred rates at FINNS venues, and strong passive returns generated through the resort's operations — all backed by the unmatched performance history of the FINNS brand. Owners will be part of an exclusive owner's community with lifestyle benefits accessible immediately. An offering unmatched on the island and with a cash annual value of around US$10, Sheehan, International Sales Director, of Mirah Investment & Development has said, 'we are blown away by the demand for [FINNS Bali Resort], although it should be of no surprise. The speed of sales reflects just how strong the demand is for premium, lifestyle-led investments in Bali.'With limited availability, interested buyers are encouraged to contact the sales team at Mirah Investment & Development. For more information or to book a private consultation, visit or contact [email protected] Hashtag: #Mirah #FINNS #Mirahinvestment&development #RealEstate #InvestmentProperty The issuer is solely responsible for the content of this announcement. Mirah Investment & Development As Bali's leading property developer , Mirah Investment & Development are well established as the market leader with years of experience in bringing luxury developments to the most sought-after locations across the Indonesian archipelago. An extensive in-house team of locals and expatriates offer end-to-end services from architecture and design to professional property management as well as legal, taxation and immigration support.
