Latest news with #residential
CBC
4 hours ago
- Climate
- CBC
St. John's crews battle fire at attached homes in Blackwood Place
Crews from multiple fire departments battled a fire in a residential area in St. John's on Saturday morning. Police were also at the scene of the fire at Blackwood Place off Higgin's Line, where flames were visible from the sidewalk as they burned through two attached townhouses. Ed Sears, platoon commander with the St. John's Regional Fire Department (SJRFD), said the fire seemed to have started outside the building. A neighbour saw the flames and banged on a door to warn residents, who were inside with no idea their homes were ablaze. Sears said all residents got out safely. Royal Newfoundland Constabulary officers will remain on the scene. The cause of the fire remains under investigation. St. John's and the surrounding area are currently under an open-fire ban due to the high to extreme forest fire danger warning. That means no open fires, charcoal barbecues, or outdoor wood-burning appliances are allowed.
Yahoo
15 hours ago
- General
- Yahoo
The Greenwich streets where homes are growing and trees are going
The latest wave of planning applications in the borough reveals a mix of residential upgrades and impactful tree works. Homeowners in Plumstead are at the forefront of residential improvements, applying for loft conversions with rear dormers at 16 Eastview Avenue (ref: 25/1662/CP), and 58 St Margarets Terrace (ref: 25/1589/CP). Meanwhile, 41 High Grove has applied for both a rear extension and a loft conversion under separate prior approval and certificate routes (refs: 25/1614/PN1 and 25/1613/CP). In a shift reflecting changing high street patterns, an estate agency unit at Blackheath Hill is seeking Prior Approval for conversion from commercial use to a single flat (ref: 25/1637/PN2). The Greenwich Peninsula, a hub of long-term growth, continues to see major post-approval activity. A comprehensive list of condition discharge applications was submitted this week, concerning water infrastructure (ref: 25/1498/SD), highways (ref: 25/1492/SD), and various other elements. These applications relate to plots around the O2 and Lower Riverside areas, indicating the ongoing development of this transformative district. Meanwhile, modest household improvements are also in the pipeline. A conservatory replacement is planned at 6 Kinveachy Gardens, Charlton (ref: 25/1603/CP), and a chimney removal paired with a new extension at 6 Rainham Close, Avery Hill (ref: 25/1588/CP). At Franklyn James Estate Agents, a full change of use from commercial to residential is proposed (ref: 25/1637/PN2), reflecting borough-wide adaptive reuse trends. Greenwich is also seeing a flurry of tree works across conservation areas. This includes a routine crown reduction of an elder tree at 64A Hyde Vale, SE10 (ref: 25/1669/TC), and the felling of a Leyland cypress deemed too close to the building at 59 Ashburnham Grove, SE10 (ref: 25/1658/TC). Elsewhere, six elder trees and a hawthorn are set to be removed from land fronting Well Hall Road in Eltham (ref: 25/1608/TC), while fig and lime trees are also marked for attention at various SE10 addresses. This latest planning round-up demonstrates a borough quietly upgrading behind the scenes, with changes being implemented leaf by leaf and brick by brick.
Arabian Business
a day ago
- Business
- Arabian Business
Citi Developers launches ARYA: A neo-luxury landmark at Dubai Islands waterfront
Citi Developers, the Dubai-based real estate powerhouse behind iconic projects like Aveline, Allura, and Agua, proudly announces the launch of ARYA — a G+2+10 residential masterpiece defining the next chapter of neo-luxury living. Located in the heart of the Dubai Islands waterfront, ARYA blends tranquil marina views with skyline sophistication. From its bold design language to wellness-first philosophy, ARYA is more than a home — it's a fully curated lifestyle experience. A new era of refined living ARYA was designed for those who seek substance over spectacle — individuals who value emotional design, intentional detail, and elevated daily rituals. A triple-height entrance lobby makes a powerful first impression, setting the tone with immersive visual storytelling. The gallery-style lobby features original commissioned artwork by world-renowned artist Alec Monopoly, anchoring the space in creativity and cultural relevance. A dedicated floor for wellness and leisure includes a Roman bath, yoga studio, hammam, sauna, steam room, infinity pool, gym, private cinema, and kids' area. The rooftop escape redefines serenity with panoramic infinity pools, a sunken pool bar, sculpted cabanas, and elegant chaise lounges. Every element — from the hand-selected finishes to custom furnishings — has been chosen with intention, creating a living environment that speaks in the language of style, comfort, and character. Designed around what matters Neo-Luxury ARYA reflects Citi Developers' signature approach to contemporary elegance — quiet, curated, and emotionally resonant. Creativity & Innovation From original art commissions to integrated lifestyle tech, ARYA is a living canvas of elevated design. Community Whether unwinding at the rooftop bar or connecting in shared wellness spaces, ARYA fosters authentic, modern-day community. Wellness Every space has been sculpted with wellbeing in mind — calm, balanced, and designed to restore. 'ARYA is a true example of Neo Luxury,' said Zoraiz Malik, CEO of Citi Developers. 'It's a response to the evolving definition of luxury — one that prioritizes peace, presence, and personalized design. We didn't just want to build something beautiful; we wanted to create a home that feels like belonging.' With over a decade of experience and a footprint across three countries, Citi Developers is a leader in crafting bold, one-of-a-kind communities where design meets distinction. Through its signature neo-luxury lens, Citi continues to shape the future of modern living with iconic developments that fuse architecture, artistry, and soul.
National Post
4 days ago
- Business
- National Post
RioCan Advances the Monetization of its $1 billion RioCan Living Residential Rental Portfolio with $197.3M of Strategic Dispositions
Article content TORONTO — RioCan Real Estate Investment Trust ('RioCan' or the 'Trust') (TSX: announced today that it has entered into firm agreements to sell its 50% interest in four RioCan Living residential rental properties. Upon closing, the Trust is expected to generate total gross sale proceeds of $197.3 million, inclusive of the Q4 2024 sale of Strada. Additional proceeds are anticipated from the sale of a Toronto residential rental property, which is in late-stage negotiations. These transactions are expected to close in Q3 2025 with the purchase prices in line with RioCan's IFRS values. As at Q1 2025, the RioCan Living residential rental portfolio included 13 income producing properties and two properties under development and was valued at approximately $1.0 billion. RioCan is maximizing the value of this portfolio through the sale of individual assets or subsets of the portfolio, and will focus on completing these sales in-line with IFRS values within the next 12 to 24 months. Article content Article content 'With RioCan Living, we've developed a portfolio of transit-oriented, mixed-use properties in Canada's major markets. Having achieved its intended scale, we are focused on generating maximum value from this one-of-a-kind portfolio. These strategic dispositions are a significant milestone in the RioCan Living asset monetization strategy, demonstrating the portfolio's immense value,' said Jonathan Gitlin, President and CEO of RioCan. 'Given the numerous attributes that differentiate our portfolio in this competitive market, we have full confidence in the Trust's ability to continue to unlock its intrinsic value. The outcome is increased financial flexibility for RioCan and a simplified business model focused on our core retail business.' Article content Following the close of the firm agreements, the RioCan Living portfolio will consist of nine income producing properties and two properties under development with a total valuation of approximately $0.9 billion, based on the Trust's most recent IFRS values. There continues to be considerable interest in the remaining assets in the RioCan Living portfolio. Article content Value Creation: These transactions crystallize the value created through past development efforts. Balanced and Accretive Capital Recycling: The net proceeds from these transactions will be used to reduce the Trust's debt and to support its Normal Course Issuer Bid (NCIB) program. RioCan has remained active under its NCIB program, buying back the Trust's Units that continue to trade at a significant discount to NAV. Since the start of 2025, the Trust has purchased and cancelled 5.5 million Units at a weighted average price of $17.99 per Unit for a total cost of $100.0 million, before equity buyback tax. RioCan's stated balance sheet objective of maintaining an Adjusted Debt to Adjusted EBITDA ratio within the 8.0x to 9.0x range remains unchanged. Value Validation: These transactions confirm the RioCan Living portfolio's IFRS values and demonstrate clear demand for RioCan Living's best-in-class portfolio. Business Simplification: By monetizing the RioCan Living portfolio, the Trust is simplifying its business, with a continued focus on its core, productive retail operations that generate reliable and resilient growing income. Improved Unsecured Debt to Total Contractual Debt Ratio: Upon completion of these transactions, the purchasers will assume the existing CMHC insured mortgages, which will further improve the Trust's Unsecured Debt to Total Contractual Debt ratio 1. Inclusive of the previously disclosed repayment of maturing mortgages in May 2025, this ratio is expected to improve from 57.3% as at Q1 2025 to approximately 60%. Article content About RioCan Article content RioCan is one of Canada's largest real estate investment trusts. RioCan owns, manages and develops retail-focused, mixed-use properties located in prime, high-density transit-oriented areas where Canadians want to shop, live and work. As at March 31, 2025, our portfolio is comprised of 177 properties with an aggregate net leasable area of approximately 32 million square feet (at RioCan's interest). To learn more about us, please visit Article content This News Release contains forward-looking information within the meaning of applicable Canadian securities laws. This information reflects RioCan's objectives, our strategies to achieve those objectives, as well as statements with respect to management's beliefs, estimates and intentions concerning anticipated future events, results, circumstances, performance or expectations that are not historical facts. Forward-looking information can generally be identified by the use of forward-looking terminology such as 'outlook', 'objective', 'may', 'will', 'would', 'expect', 'intend', 'estimate', 'anticipate', 'believe', 'should', 'plan', 'continue', or similar expressions suggesting future outcomes or events. Such forward-looking information reflects management's current beliefs and is based on information currently available to management. All forward-looking information in this News Release is qualified by these cautionary statements. Forward-looking information is not a guarantee of future events or performance and, by its nature, is based on RioCan's current estimates and assumptions, which are subject to numerous risks and uncertainties, including those described in the ' Risks and Uncertainties ' section in RioCan's MD&A for the three months ended March 31, 2025 and in our most recent Annual Information Form, which could cause actual events or results to differ materially from the forward-looking information contained in this News Release. Although the forward-looking information contained in this News Release is based upon what management believes are reasonable assumptions, there can be no assurance that actual results will be consistent with this forward-looking information. Article content The forward-looking statements contained in this News Release are made as of the date hereof, and should not be relied upon as representing RioCan's views as of any date subsequent to the date of this News Release. Management undertakes no obligation, except as required by applicable law, to publicly update or revise any forward-looking information, whether as a result of new information, future events or otherwise. Article content Article content Article content Article content Article content
Globe and Mail
4 days ago
- Business
- Globe and Mail
Stratton Amenities Brings Elevated Concierge Services to Fort Lauderdale-Miami
Delivering Livable Luxury for Residential Communities Fort Lauderdale, FL - Stratton Amenities, the nationwide hospitality leader renowned for transforming everyday living into a seamless luxury experience, is proud to announce the expansion of its South Florida services to Fort Lauderdale and Miami. Building on its successful footprint in Naples, this move delivers Stratton's elevated amenity and vendor‑management expertise to multifamily high‑rises,mixed‑use developments, and condominiums across South Florida's most dynamic coastal markets. Going Beyond Traditional Concierge Services Stratton Amenities goes beyond conventional concierge offerings, delivering a tailored luxury framework that marries five‑star service delivery with genuine warmth. Professionally trained residential front‑desk teams, lifestyle databases, and vendor coordination operate with one guiding conviction: luxury lives in the details. By anticipating needs before they surface, Stratton Amenities concierge teams transform everyday living into an art form—securing last‑minute reservations, arranging a dog‑walker who knows every pup's favorite route, or orchestrating community events that create a sense of belonging. 'Luxury today means more than convenience; it's proactive, personalized service that enriches daily life,' says Christina Marshall, Director of Business Development. 'Our debut in Fort Lauderdale and Miami brings that elevated lifestyle to some of the country's most discerning residents.' A Multilayered Suite of Services Residential Front Desk Concierge Five‑star hospitality professionals who provide security, guest management, and polished first impressions at high‑rise, luxury, and mixed‑use residential communities. Our concierge team is always on hand to offer personalized assistance, ensuring residents feel at home and taken care of. Lifestyle Management Program A full‑service program designed to enhance residents' lives, from community marketing support and event planning to personalized lifestyle databases and vendor coordination. Whether it's curating exclusive events, managing community relations, or coordinating personal requests, our concierge teams tailor each request to meet residents' needs. Package Concierge A sophisticated package management system that ensures secure, timely delivery and retrieval of packages, offering both residents and property managers peace of mind and convenience. Courtesy Patrol Stratton's professionally trained patrol teams provide added security and service to residential communities. They ensure the safety of the property while also offering services such as package pick‑up, general inquiries, and minor maintenance requests, blending security with guest service. Seasonal & Temporary Roles To meet the fluctuating needs of properties during high‑demand periods, Stratton offers seasonal and temporary staffing solutions. From holiday package concierge services to pool concierge services during the summer seasons, we adapt to ensure communities remain well-served year‑round. Setting a New Standard in Fort Lauderdale and Miami Stratton Amenities has built a strong reputation for providing bespoke amenity solutions that transform residential properties into vibrant, service-rich communities. With its recent expansion into South Florida, the company is excited to introduce its Fort Lauderdale concierge services. This new suite of offerings is designed to enhance everyday living in this lively coastal city, adding a touch of luxury and convenience to residents' daily routines. Meanwhile, Stratton Amenities' established presence in Naples serves as a testament to the company's dedication to excellence. The Naples concierge services have consistently raised the bar, offering residents unmatched convenience and an elevated lifestyle experience. These services exemplify Stratton's commitment to delivering exceptional standards in luxury living, setting a high benchmark for their new South Florida locations. Beyond Fort Lauderdale, Stratton Amenities is further expanding its footprint in Miami, a city known for its vibrant culture, luxury lifestyle, and stunning waterfront views. With the launch of concierge services in Miami, Stratton is poised to offer tailored experiences that cater to the diverse needs of this cosmopolitan city, ensuring a personalized touch for its sophisticated residents. Customized, Scalable Solutions Stratton rejects one‑size‑fits‑all models. Every engagement begins with an in‑depth property assessment, followed by bespoke staffing matrices, attire guidelines, scripting, and personalized lifestyle databases. Data‑backed service audits fuel continuous improvement, allowing boutique properties and expansive high‑rises alike to scale services in harmony with resident expectations and ownership objectives. Discover how Stratton Amenities can enhance your property and elevate the lifestyle of your residents. Media Contact Company Name: Stratton Amenities Email: Send Email Phone: 18664899919 Address: 12530 Lebanon Rd Suite 206 City: Frisco State: Texas Country: United States Website:
