Land & Property News
Marina Bay City Launches as a Billion-Dollar Development Site in Lombok
Marina Bay Group, in collaboration with Kinnara, Asia’s premier property platform, has officially announced the launch of Marina Bay City, a billion-dollar beachfront development situated in South-West Lombok. Envisioned as Lombok’s inaugural "future city," Marina Bay City integrates luxurious real estate, cutting-edge infrastructure, and exceptional lifestyle amenities into a single, master-planned coastal destination. Strategically positioned along one of Lombok’s most valuable beachfronts, Marina Bay City is set to feature a fully serviced international marina, transforming the area into a major marine tourism hub and lifestyle center. The expansive development will comprise modern high-rise residences offering breathtaking ocean views, an internationally accessible marina for yachts and charter vessels, and prestigious international schools catering to the island’s expanding local and expatriate community. Additionally, Marina Bay City will host vibrant retail villages with boutique shopping, trendy cafes, collaborative co-working spaces, and dynamic nightlife options. Wellness centers and state-of-the-art medical facilities dedicated to longevity and preventive health will further enhance the development’s lifestyle appeal. Residents and visitors alike will enjoy diverse culinary experiences, ranging from fine dining establishments to sophisticated beach clubs and culinary precincts designed to appeal to an international clientele. Emphasizing sustainable urban development, Marina Bay City integrates smart infrastructure and eco-conscious design principles to foster long-term sustainable growth. Property options at Marina Bay City begin from AUD $139,000, offering attractive early-stage investment opportunities across luxury villas, branded residences, and resort-managed apartments, with flexible financing arrangements available to eligible buyers. "Marina Bay City represents more than just real estate—it is a visionary city of the future,” said Adrian Campbell, CEO of Kinnara. “The Marina Bay Group’s commitment to excellence and innovation, combined with Kinnara’s extensive global marketing platform, ensures this development will be world-class and highly sought after. South-West Lombok is now poised as one of Asia’s most exciting and promising coastal frontiers." Leveraging Kinnara’s extensive listing network, Marina Bay City is prominently featured across 76 global property platforms, reaching potential buyers in 44 countries and providing unparalleled international exposure. Further enhancing the sales process is the Kinnara Concierge Network, enabling streamlined buyer-developer interactions and qualified lead generation through collaborative agent networks. Expressions of interest are currently being accepted. To request the complete information pack or to consult with a Kinnara-certified agent, please visit: https://kinnara.asia/lombok
Bob Knakal, the Top CRE Broker in History with 2351 Investment Property Sales, to Headline Fireside Chat at Trepp Connect in NYC 2025
PVC Mouldings NZ & PVC Panels NZ: The Guide to Versatile Building Solutions
Enrica Petrongari Brings Unmatched Expertise to New York City’s Luxury Real Estate Market
- May 10, 2025Land & Property
UMe Projects Announces Game-Changing Platform to Simplify Homebuying with Assumable Mortgages
Revolutionizing Homebuying with Seamless Technology and Service UMe Projects, a national leader in real estate technology, has introduced a groundbreaking platform aimed at simplifying the homebuying process by focusing on assumable mortgages. In today’s market, where traditional mortgage rates have reached new highs, UMe Projects has built a solution that gives buyers access to favorable financing options—typically between 2% and 4%—by assuming existing loans, allowing for reduced monthly payments and greater purchasing power. The platform hosts over 5,000 verified listings, enabling buyers, sellers, agents, and investors to discover and seamlessly take advantage of assumable mortgages. UMe Projects not only connects buyers with homes but also offers a full-service experience that guides participants through every step of the process—from initial contact with mortgage servicers to document preparation, approvals, and closing. Empowering Homebuyers and Sellers Through Innovative Technology UMe Projects’ approach goes beyond traditional real estate platforms by offering a comprehensive service that simplifies the often complex and confusing mortgage assumption process. This innovative solution allows buyers to inherit lower interest rates, making homeownership more affordable. Sellers, in turn, gain a competitive edge in a challenging market by offering homes with lower mortgage rates. “We’re not just listing properties—we’re providing a unique pathway to affordable homeownership,” said Rachel Roberts, Founder & CEO of UMe Projects. “Our platform opens doors to financing options that most buyers didn’t know they could access.” A Full-Service Approach to Assumable Mortgages Unlike other platforms that merely list properties, UMe Projects offers a full-service ecosystem that simplifies the mortgage assumption process. This model ensures that every transaction, from outreach to servicers to final closing, is handled with precision and expertise. UMe’s team works directly with mortgage servicers to ensure that all necessary documentation is accurate and complete, offering peace of mind to everyone involved. “While most platforms leave clients to navigate the assumption process on their own, UMe Projects provides expert guidance every step of the way,” said Mike Roberts, Co-Founder. “Our commitment to closing every deal successfully is a hallmark of our service.” Education as a Key Component of the UMe Experience UMe Projects goes beyond simply providing technology; it fosters a strong educational component aimed at demystifying the mortgage assumption process for buyers, sellers, and real estate agents alike. The company offers weekly live Q&A sessions, comprehensive agent training programs, and an ever-expanding array of online resources to support market participants. “Assumable mortgages are a game changer, but there’s a significant knowledge gap that has kept many from taking advantage of them. We’re committed to closing that gap,” said Rachel Roberts. “We’re creating a community of educated, confident buyers and agents who understand how to take full advantage of today’s financing opportunities.” Proven Success and a Growing Impact in the Real Estate Market UMe Projects has already facilitated thousands of successful transactions, helping buyers secure homes with mortgages as low as 2.99%—a significant advantage in the current high-rate environment. Client testimonials reflect the positive impact of UMe’s personalized service and expertise. Angela M., a recent client, shared: "I cannot express enough how impressed I am with the level of professionalism UMe displayed throughout this process. Their attention to detail and commitment to ensuring a smooth transaction truly stood out." Real estate professionals also praise the platform’s ability to facilitate smoother transactions. Realtor Wendy noted: “Helping our buyers assume a VA loan at 2.99% was incredible. UMe made it possible, and they walked us through every step.” Expanding Recognition and Future Growth UMe Projects continues to grow its presence across the country, and the company has been nominated for several prestigious awards, including: Best Real Estate Tech Platform for Homebuyers (2025) Top Mortgage Innovation Company of the Year #1 Assumable Mortgage Resource in the U.S. As the platform’s national recognition expands, UMe Projects is positioning itself as a key player in redefining the homebuying experience, offering innovative solutions that benefit all parties involved in real estate transactions. About UMe Projects UMe Projects is the nation’s leading platform dedicated to simplifying the homebuying process by focusing on assumable mortgages. With over 5,000 verified listings, a national network of trained agents, and a proven track record of successful transactions, UMe Projects is transforming the way real estate deals are closed. The platform guides buyers, sellers, and agents through the often-complex mortgage assumption process, making homeownership more affordable and accessible in a market facing rising interest rates. Media Contact Rachel Roberts, Founder UMe Projects Phone: +1 (602) 715-2875 Email: [email protected] Website: umeprojects.com YouTube: UMe Projects Instagram: umeprojects_ TikTok: umeprojects Facebook: umeprojects
- May 10, 2025Land & Property
PVC Mouldings & Panels NZ: New Options Available
PVC Mouldings NZ and PVC Panels NZ: Transforming Interiors with Style and Durability New Zealand homeowners and commercial builders are increasingly turning to PVC mouldings NZ and PVC panels NZ for modern, efficient interior upgrades—and leading the charge in innovation is East Tamaki-based supplier QM Lining. https://pvcmouldingsnz.nz Specialising in high-quality wall and ceiling solutions, QM Lining provides a wide range of PVC products that offer both aesthetic appeal and unmatched performance. Their offerings are designed for moisture-prone environments such as kitchens, bathrooms, and laundries while also being stylish enough to serve as feature walls or decorative elements in any room. With the rising demand for low-maintenance materials that stand the test of time, PVC is fast becoming the material of choice. Unlike traditional timber or MDF alternatives, PVC mouldings NZ products are resistant to rot, warping, and termites. They require no painting, sanding, or staining—making them a cost-effective solution over the long term. QM Lining’s PVC mouldings come in a variety of profiles, from slimline cappings to corner moulds, and are ideal for use with PVC panels or tiles, or as finishing trims. Their PVC panels NZ range includes tongue-and-groove systems that make installation quick and easy, whether by a professional or DIY enthusiast. These panels are perfect for ceilings, splashbacks, or full wall coverage, giving interiors a sleek, seamless look. One standout feature of QM Lining’s PVC panels is their ease of cleaning—just a simple wipe-down is enough to keep them looking new. This makes them ideal for use in healthcare settings, food preparation areas, and rental properties where hygiene and durability are top priorities. https://qmlining.com In a time when construction costs are rising and timelines are tightening, PVC solutions from QM Lining offer a smart alternative to traditional materials without compromising on design. They also meet European quality and safety standards, offering New Zealanders peace of mind and long-term value. For builders, interior designers, and DIYers seeking PVC mouldings NZ and PVC panels NZ, QM Lining stands out as a trusted supplier. Their knowledgeable team is available to provide advice on the best solutions for any project. For more information or to explore their product range, visit https://qmlining.com/about or contact them directly at 021 736 577.
- May 9, 2025Land & Property
Cummings Properties Makes It Easy to Lease Office Space in Burlington, MA
Cummings Properties, a prominent name in commercial real estate across Greater Boston, continues to simplify the leasing experience for businesses of all sizes by offering flexible, high-value, and move-in-ready office space in the bustling town of Burlington, Massachusetts. Known for its client-centric approach and long-standing reputation for excellence, the company has made it easier than ever for businesses to lease office space in Burlington, MA , to suit their evolving needs. Located just 20 minutes from downtown Boston, Burlington has quickly grown into a strategic hub for both established enterprises and innovative startups. With its proximity to major highways such as I-95/Route 128 and Route 3, and its accessibility to Logan International Airport, Burlington offers convenience without the congestion and premium costs associated with city locations. Cummings Properties’ well-maintained office space in the area takes full advantage of this strategic location, offering modern amenities and an unmatched level of on-site service and support. The leasing process at Cummings Properties is designed with simplicity and speed in mind. A streamlined leasing model allows clients to go from tour to signed lease in just a matter of days, minimizing downtime and maximizing productivity. All leases are managed in-house, from leasing agents to design and construction professionals, providing clients with a single point of contact and eliminating the need to work with third parties, unless desired by the lessee. This integrated approach leads to shorter build-out times, clearer communication, and cost-effective solutions tailored to each client’s vision. Cummings Properties owns and manages a prominent commercial building in Burlington, Massachusetts: 101 Cambridge Street. This high-visibility office and medical office facility is located along U.S. Route 3A and features a sunlit three-story atrium, extensive ribbon windows with operable sections, and ample free parking. The property is offered under a full-service lease, which includes base real estate taxes, structural and mechanical maintenance, building insurance, snow plowing, common area cleaning and maintenance, landscaping, property management services, and free daytime parking. In addition to turnkey office spaces, leasing office space in the Burlington, MA location is designed to support collaborative environments. Open floor plans, flexible layouts, and high-speed connectivity are standard features, enabling businesses to adapt quickly to changing operational needs. Ample parking, green spaces, and proximity to retail, dining, and fitness options make the properties attractive for both employers and employees. Dedicated property management teams provide prompt responses to service requests, ensuring that clients experience minimal disruptions. Clients can also take advantage of in-house design services and construction teams, allowing for customized office layouts and finishes to match specific brand aesthetics or functional requirements. Cummings Properties’ long history of stability and customer satisfaction has earned it high client retention and referrals from industry professionals. With more than 50 years in the commercial real estate business and more than 11 million square feet under management, the company has built a reputation for reliability and value. Its presence in Burlington represents a perfect intersection of suburban accessibility and urban-grade amenities, making it a prime choice for organizations seeking flexible, professional workspaces in a competitive market. The Burlington leasing options reflect Cummings Properties’ ongoing mission to deliver quality office environments backed by responsive service and long-term value. For businesses looking to relocate, expand, or establish a new presence in one of Massachusetts’ most vibrant commercial corridors, Cummings Properties offers a proven, people-first solution that removes barriers and sets businesses up for success from day one. About Cummings Properties : Cummings Properties’ 11 million square feet of commercial real estate accommodates labs and clean rooms, offices, health care facilities, restaurants, retail storefronts, warehouses, satellite offices, executive suites, medical practices, and more. With a portfolio of this size and variety, the firm can meet virtually any commercial real estate need. Its in-house experts in design, construction, and property management offer “one-stop shopping” for the business community.
- May 9, 2025Land & Property
Water Damage Restoration in Dallas Launches 24/7 Emergency Services for Residential and Commercial Properties
Water Damage Restoration in Dallas announces the launch of its comprehensive restoration services for Dallas Fort Worth and North Texas residents. The company offers 24/7 emergency response for water damage, fire damage, and mold remediation services from its headquarters at 1215 Skiles St, Dallas, TX 75204. The new restoration service addresses the growing need for professional water damage restoration in the Dallas TX area. With certified technicians available 365 days a year, the company restores properties affected by water damage, fire, and mold issues. Complete Water Damage Restoration Services Water Damage Restoration in Dallas provides extraction, drying, and repair services for properties affected by water damage. The company uses advanced equipment to detect moisture, extract water, and thoroughly dry affected areas. "Our water damage restoration process begins with a detailed assessment followed by water extraction and structural drying," explains the company spokesperson. "We then clean, sanitize, and restore the property to its pre-damage condition." The company's water damage services include: Emergency water extraction Structural drying Moisture detection and monitoring Sanitization and deodorization Restoration of affected materials Fire Damage Restoration and Smoke Removal The team also specializes in fire damage restoration, helping property owners recover after fire incidents. Their fire restoration services include smoke damage cleanup, odor removal, structural repairs, and content restoration. "Fire damage requires immediate attention to prevent secondary damage," notes the company representative. "Our technicians work quickly to secure the property, remove smoke residue, and restore structural elements and personal belongings." Mold Remediation by Certified Technicians Water Damage Restoration in Dallas offers professional mold remediation services to address mold issues resulting from water damage. Their certified technicians identify the source of moisture, contain the affected area, remove mold, and implement preventive measures. "Mold can cause health issues and structural damage if not properly addressed," states the company. "Our team follows industry protocols to safely and effectively eliminate mold from residential and commercial properties." Commercial and Residential Services The company serves both residential and commercial clients throughout the Dallas Fort Worth area. Their commercial restoration services help businesses minimize downtime after water or fire damage incidents. "We understand the unique challenges businesses face during restoration projects," explains the spokesperson. "Our team works efficiently to restore commercial properties while minimizing disruption to operations." For residential clients, the company offers personalized restoration solutions that address the specific needs of homeowners. Their residential services include water damage repair, fire restoration, and mold remediation for homes of all sizes. Emergency Response Available 24/7 Water Damage Restoration in Dallas maintains a 24/7 emergency response team ready to address urgent restoration needs. Property owners can reach the company at (469) 619-2712 for immediate assistance with water damage, fire damage, or mold issues. "Water damage worsens quickly, so immediate response is essential," emphasizes the company. "Our team arrives promptly with the necessary equipment to begin the restoration process and minimize damage." BBB-Certified Restoration Service As a BBB-certified company, Water Damage Restoration in Dallas maintains high standards of service quality and customer satisfaction. The company follows industry best practices and employs trained technicians who receive ongoing education in restoration techniques. "We prioritize transparency and quality in all our restoration projects," states the company. "Our certification reflects our commitment to providing reliable restoration services to Dallas TX residents." North Texas Coverage Area The company serves Dallas and surrounding areas, including Fort Worth and other North Texas communities. Their service area covers residential neighborhoods and commercial districts throughout the Dallas Fort Worth metroplex. "Our strategic location allows us to reach properties throughout North Texas quickly," notes the spokesperson. "We serve clients across the Dallas Fort Worth area with prompt and professional restoration services." About Water Damage Restoration in Dallas Water Damage Restoration in Dallas provides comprehensive restoration services for properties affected by water damage, fire, and mold. The company offers 24/7 emergency response, professional restoration techniques, and exceptional customer service. Their team of certified technicians restores residential and commercial properties throughout the Dallas Fort Worth area. For more information about Water Damage Restoration in Dallas and their services, visit waterdamagerestorationindallas.com or call (469) 619-2712.
- May 9, 2025Land & Property
1031ex.com Launches In-Depth Guide to Navigating 1031 DST Exchanges for Real Estate Investors
1031ex.com, a trusted resource in real estate exchange strategies, has released a comprehensive new guide aimed at helping investors understand and navigate the complexities of 1031 DST exchanges. The guide provides clarity on both the tax-deferral mechanics of Section 1031 and the strategic use of Delaware Statutory Trusts (DSTs) as part of a modern portfolio approach. As real estate investment structures evolve, understanding the nuances of 1031 exchanges—especially those involving DSTs—has become increasingly important for investors seeking tax-efficient reinvestment strategies. The newly published resource on 1031 DST explores every stage of the exchange process, helping investors make informed decisions. Addressing the Complexities of 1031 Exchanges The guide begins by explaining the fundamentals of 1031 exchanges, a tax-deferral mechanism under the U.S. Internal Revenue Code. It outlines the benefits of deferring capital gains taxes by reinvesting proceeds into like-kind real estate, while also addressing key requirements such as the 45-day identification window and 180-day closing deadline. To qualify, replacement properties must meet the like-kind requirement, and strict IRS guidelines must be followed. The resource highlights the importance of compliance and professional planning in executing successful exchanges. Role of Delaware Statutory Trusts (DSTs) Delaware Statutory Trusts are presented as an increasingly valuable tool in modern 1031 exchanges. The structure allows for fractional ownership in large, institutional-grade properties—an option that meets like-kind standards while offering passive management. DSTs offer diversification across property types and reduce the burden of day-to-day management. Investors benefit from professional oversight, access to premium assets, and a simplified acquisition process that satisfies IRS requirements for exchanges. Key Advantages of DST-Based Exchanges The guide details several core benefits of utilizing a DST in a 1031 strategy: Passive asset management by experienced sponsors Access to diversified, institutional-grade investments Simplified exchange compliance Full preservation of tax deferral benefits Fractional ownership without losing IRS-recognized status DSTs also provide flexibility for investors seeking streamlined reinvestment options without the complexity of direct property management. Setting Up a DST Exchange: Step-by-Step For investors considering a DST-based exchange, the guide outlines a step-by-step setup process: Select a reputable sponsor Evaluate available DST offerings based on property fundamentals Conduct due diligence and financial assessment Coordinate with a qualified intermediary for transaction facilitation Monitor the DST’s ongoing performance post-acquisition These steps are critical to ensuring regulatory compliance and alignment with long-term financial goals. Clarifying Like-Kind Standards The report provides clarification on the “like-kind” rule and its application to DSTs. It notes that real estate properties need not be identical in form—only similar in nature or character—to qualify. Qualifying property types may include: Residential rentals Retail centers Office buildings Industrial facilities DSTs serve as a flexible alternative that satisfies this requirement across a variety of real estate classes. Deadlines That Define Exchange Success The guide emphasizes the importance of observing two critical timeframes: 45 days to identify potential replacement properties 180 days to close on the acquisition Missing either deadline results in loss of tax deferral eligibility. Investors are advised to plan meticulously and work closely with intermediaries to meet IRS regulations. Reinvesting After a DST: Exploring Exit Options The release also covers options available to investors after exiting a DST structure. When the DST sponsor liquidates the asset, investors receive proceeds that may qualify for another 1031 exchange—assuming all IRS criteria are met. Proactive planning allows investors to continue deferring taxes and reinvesting efficiently. Risk Considerations The resource also outlines the limitations of DST investments: Lack of individual control over management Illiquidity of DST shares Market sensitivity affecting returns Potential fee structures reducing net income Investors are encouraged to consult financial professionals to evaluate whether DSTs align with their risk tolerance and long-term strategy. Strategic Portfolio Alignment According to 1031ex.com, DSTs can support broader financial goals when selected carefully. They provide access to high-quality real estate assets with reduced management responsibility, and their structure supports long-term tax planning under Section 1031. The guide concludes that informed decision-making, continuous education, and due diligence are essential to maximizing the benefits of 1031 DST investments. About 1031ex.com 1031ex.com is a leading online platform providing education, resources, and strategic guidance for real estate investors interested in tax-deferred exchanges. The site specializes in DST structures and other Section 1031 strategies that support investor goals through compliant, growth-oriented reinvestment models.
- May 9, 2025Land & Property
Alfonso Gurreri’s RICI Group Expands Integrated Services For Ontario Property Managers
RICI Group of Companies announced an expansion of its integrated property management services in the GTA, consolidating its role as a single-source provider for exterior and interior maintenance, construction, and environmental solutions. The move simplifies operational processes for property managers, enhancing overall efficiency and reducing the complexities of managing multiple service providers. The enhanced service portfolio combines RICI expertise in snow clearing, construction, and facility maintenance with RICI Environmental’s waste management solutions. This bundled approach eliminates the need for property managers to coordinate multiple vendors, offering instead a unified system backed by 24/7 dispatch support and proprietary equipment. Property managers shouldn’t have to manage the logistical challenges of coordinating contractors who are on-site daily; they should be focused on enhancing tenant satisfaction and maintaining the long-term value of the property, especially for recurring services like waste management and snow maintenance. ” said Alfonso Gurreri, President of RICI Group. “Our model consolidates these services under one roof, with one point of contact, one phone number, and one accountability standard. It’s a strategic advantage for clients navigating tight budgets and high tenant expectations.” With ownership of its equipment fleet, RICI Group operates independently of non essential third-party sub contractors. This self-contained structure enables rapid response times, particularly for time-sensitive services like snow removal and emergency repairs. The company’s dispatch system, modeled after enterprise-grade platforms used in logistics, detailed reporting, AI Integrated vehicle cameras, optimizes technician routing and real-time job tracking, a feature increasingly critical as Ontario’s property management sector adopts digital workflows. Gurreri’s journey began in his youth, working at his late father’s company, Tor Can Waste Management, where he gained firsthand experience in the operations of service-based businesses. After graduating from law school, he articled in the legal field, seeking exposure to construction and corporate transactions. During this time, he observed systemic inefficiencies in vendor management and operational structures. These insights became the foundation for RICI’s service model, which addresses many of the challenges he encountered—streamlining operations, consolidating services, and improving vendor accountability across property and facility management. “The construction and property sectors suffer from fragmented vendors that introduce unnecessary risk through inconsistent and subpar service,” Gurreri noted. “We’ve eliminated that friction by building a vertically integrated operation where every team member follows the same rigorous quality standards through one contractor.” Unlike competitors offering specific trade services, RICI offers discounted pricing for bundled service offerings like snow, paving and now waste management, allowing property managers to forecast maintenance costs accurately. This predictability proves particularly valuable for condominium corporations and property managers with limited budgets and commercial property managing large parking lots. The company’s added expansion into the waste management division further distinguishes its offering, leveraging Gurreri’s family expertise in waste logistics to provide bin rentals and site services tailored to construction timelines. For property managers exploring integrated service models, RICI offers complimentary facility assessments to align its offerings with specific portfolio requirements. About RICI Group of Companies RICI Group operates two divisions: RICI Contracting (asphalt, construction, snow and property maintenance) and RICI Environmental (waste management, portable toilets). The company serves property managers and contractors in the GTA with fully integrated solutions, emphasizing cost control, 24/7 availability, and single-point accountability.
- May 9, 2025Land & Property
Gqeberha’s Historic Skyscraper Restored to Former Glory by Church of Scientology: Leading a Renaissance in the Central Business District
The United Building, a timeless landmark at the corner of St. Mary’s Terrace and Govan Mbeki Avenue, stands resplendent in Gqeberha’s Central Business District (CBD). Celebrated as Port Elizabeth’s first skyscraper upon its 1934 debut, this 10-story architectural masterpiece has been meticulously restored by the Church of Scientology after nearly 300,000 hours of craftsmanship, reclaiming its elegance and igniting a revival in the once-thriving CBD. With a multi-million-rand investment, the United Building’s storied past, cultural significance, and modern renewal herald a new era for Gqeberha, inviting investment, community pride, and a rediscovery of the city’s historic heart, thanks to the work of the Church of Scientology and the enduring efforts of the Historical Society of Port Elizabeth. A Storied Skyscraper Reborn Erected in 1934 for the United Building Society, a pillar of South Africa’s financial sector, the United Building was hailed as an “elegant skyscraper,” likely marking Port Elizabeth’s first venture into tall buildings. Designed by architects Owen Eaton and Tait, the 116-foot (35.35-meter) tower introduced Chicago-style architecture with fireproof reinforced concrete, a polished black granite base sourced from Rustenburg, bronze windows, and a marble entrance hall. Its innovative features—two high-speed gearless elevators, warm cork-tiled floors, and tea-rooms on each floor—set a new standard for commercial design, reflecting the city’s prosperity fueled by wool, mohair, and ostrich feathers. For decades, the United Building anchored the CBD’s commercial legacy, hosting Boland Bank and the Consumer Credit Bureau after the United Building Society. Its 10 floors buzzed with activity, embodying Port Elizabeth’s economic growth. By 2008, wear and neglect had dimmed its grandeur, endangering its place in the city’s heritage and prompting calls for restoration. A Masterpiece Restored with Precision In 2008, the Church of Scientology acquired the United Building for millions, launching a transformative restoration that spanned nearly 300,000 hours. Guided by heritage specifications, the project revived the tower’s 1934 splendor. The façade’s original black granite, gracing the lower stories, was reinstated with stone from Rustenburg, ensuring authenticity. Over two dozen intricately carved lion-head medallions beneath exterior windows were painstakingly refurbished and returned to their rightful place, recapturing the building’s artistry. Inside, the entrance hall sparkles anew, elevators meet modern standards, and historic flooring complements updated facilities. Completed at 12 Govan Mbeki Avenue, Gqeberha Central, this multi-million-rand endeavor—acquisition and renovation combined—preserved the building’s architectural soul while equipping it for contemporary use as the Church of Scientology of Eastern Cape’s headquarters. The Historical Society’s advocacy for protecting such landmarks played a crucial role, ensuring the restoration honored Gqeberha’s heritage. Historical Importance and the CBD’s Legacy The United Building’s significance transcends its walls, symbolizing Gqeberha’s ascent as a commercial powerhouse. Founded in 1820, Port Elizabeth became a vital port by the 1860s, surpassing Cape Town through trade in wool and mohair. With the discovery of diamonds and gold in the interior, Port Elizabeth became an important logistics gateway into the interior. The CBD emerged as its economic core, with grand structures like the United Building epitomizing ambition and progress. By the 1930s, the district thrived with banks, shops, and theaters, a vibrant hub for all. Yet, the CBD faced challenges in recent decades. Urban decay, economic shifts to suburban areas, and declining foot traffic left vacant properties and faded facades, dimming its former luster. Despite these hurdles, the area’s rich heritage—seen in landmarks like the Campanile (1923) and Donkin Reserve—offered hope for renewal, bolstered by the Mandela Bay Development Agency’s revitalization efforts since the early 2000s and the Historical Society’s tireless work to safeguard historic buildings. Revitalizing the Heart of Gqeberha The United Building’s restoration breathes vibrant life into this once-bustling CBD, aligning with the Mandela Bay Development Agency’s vision to restore its commercial and cultural vitality. The Church of Scientology’s investment created jobs for local artisans, stonecutters, and contractors during the 300,000-hour project, while the revitalized landmark now draws visitors, boosting nearby cafes, shops, and historical sites. “ The United Building’s revival is a beacon for Gqeberha’s future,” said Graham Taylor , Chairman of the Historical Society of Port Elizabeth. “It shows how preserving our past can inspire a thriving present, uniting us to rebuild the CBD.” The restoration sets a powerful precedent, encouraging businesses and developers to invest in Gqeberha’s historic treasures. The United Building’s elegance—its granite façade and lion-head medallions gleaming—signals a renaissance, inviting stakeholders to reimagine the CBD as a dynamic center of commerce, culture, and community. The Historical Society’s efforts to protect such landmarks amplify this impact, ensuring Gqeberha’s heritage endures. A Landmark of Lasting Value The United Building’s value to Gqeberha is profound. Architecturally, it remains a Chicago-style gem, its 1934 design a milestone in the city’s modernization. Culturally, it bridges generations, from 1930s bankers to today’s residents rediscovering the CBD. As a community anchor, its 10 floors now host programs addressing social issues, supported by the Church of Scientology, including youth education and outreach that foster unity. These efforts enhance its role as a gathering place open to all, transcending any single occupant. The building’s central location attracts tourists and locals, fueling the CBD’s resurgence. Its restoration not only preserves a piece of Gqeberha’s soul but also elevates its future, proving heritage can drive progress. The Historical Society’s advocacy ensures such landmarks remain cherished, safeguarding the city’s identity for generations. New Stewards, New Purpose Since 2008, the Church of Scientology has served as the United Building’s steward, embracing its responsibility to maintain this treasure. Their multi-million-rand investment revived the landmark, while community programs echo their global outreach in areas like education, empowerment, and disaster relief. Previous owners—United Building Society, Boland Bank, and Consumer Credit Bureau—shaped its commercial past, but today, the building stands as a shared legacy, welcoming all who value Gqeberha’s history. The Church’s role as the new owner complements the Historical Society’s mission to protect such sites, ensuring their universal appeal endures. The public is invited to experience this masterpiece, with doors opened to the community by the Church of Scientology on April 6, 2025, at 12 Govan Mbeki Avenue, Gqeberha Central, Gqeberha 6001. Tour its restored beauty, explore its history, and join the movement to revitalize the CBD. Stay connected at www.scientology-easterncape.org for updates on events and initiatives.
- May 9, 2025Land & Property
Mallplaza Announces Continuous Growth, Remodelling Centers and Buying New Ones
In December, Mallplaza completed the acquisition of 11 Open Plaza assets in Peru, topping off the watershed year for the shopping center company, which closed the year 2024 with 18% sales growth. “Mallplaza has the best shopping center portfolio in the region,” said the company’s CEO Fernando de Peña. “No other company in Latin America has that many leading assets in their respective markets, with sustained growth in flows and strategic locations in large markets with growth potential.” The executive said that the company has proven to have a “clear growth strategy,” consolidating its presence in the Andean Region with 37 shopping centers in 23 cities in Chile, Peru, and Colombia and a total of 2.3 million m2 of GLA (gross leasable area). He also attributed these numbers to the renewed value proposition, which diversified the company’s spaces. “We allocated 33% of GLA to essential trade that generates daily traffic in supermarkets, medical and educational centers, coworking spaces, home improvement, gyms, public and private services. Twenty percent to specialty retail, 20% to department stores, and 14% to food & beverage and entertainment,” De Peña explained. He added that they had opened 677 new stores in 2024 alone and 1,870 in the last three years, equivalent to 37% of all stores. Remodeling in Chile “We have set ourselves the challenge of continuing to grow,” the CEO said. “ The most immediate action is inherent growth, enhancing the value proposition in the same square meters we already have, incorporating the brands visitors love and improving the experience.” Fernando de Peña added that this is enhanced by another two core areas: expansion through M&A (mergers and acquisitions) and organic growth through brownfield projects (renovation of existing properties). Regarding the latter, the company plans to increase its GLA in Chile by 125,000 m2. De Peña specified that these transformations would be focused on Mallplaza Vespucio, Oeste, Norte, Antofagasta, Egaña, La Serena, Iquique, Biobío, and Trébol. In fact, for the latter of these, in Talcahuano, the company has already submitted a remodeling project entailing an investment of USD 75 million for environmental assessment. The executive stresses that they already have the space to grow. “We have a land bank of around 550,000 m2 in Chile and are using only about 37% of the construction potential for our shopping centers.” Mallplaza Upgrades Former Open Plaza Locations Mallplaza has 15 assets in nine cities in Peru. Those formerly belonging to Open Plaza have gradually been incorporating the new brand, as those in Angamos, Piura, and Huancayo have already done. They join the Mallplaza shopping centers in Trujillo, Arequipa, Comas and Bellavista. Together, these seven centers represent 80 percent of the company’s EBITDA in Peru. “We have a powerful growth plan for the next four years, starting with enhancing the fashion, socialization, and recreation proposition now,” said De Peña. “We propose reducing the 60% of GLA that is currently destined to convenience to 30% to enhance the experience and value proposition of our shopping centers, allowing us to grow in flows and revenue.” Thus, the goal is to transform the 11 Open Plaza in Peru from malls into “experience centers.” “I think it's important to note that we know the Peruvian market very well. We arrived in 2006 and have been operating there since then, evolving together with people and with experience in transformation through M&A.” De Peña shares. “In fact, we already did that with Mallplaza Arequipa, which we acquired in 2014 as an Open Plaza power center with 12,000 m2 of GLA and which now has 42,000 m2 and a renewed offering. ” Going Shopping In the case of Colombia, Mallplaza will focus on “capturing the maturation of new assets” and continue analyzing opportunities for new M&A. “Our market share in Peru and Colombia is 9.2%, meaning we still have many opportunities to continue to grow, and acquisition will be the main way to do so,” said De Peña. “We have good experience transforming convenience centers into enjoyment centers.” He added. "Their expertise, ability to drive change, and distinct market strengths—combined with operational excellence, strong finances, and a solid balance sheet—are what enable us to keep growing as a company." About Mallplaza Mallplaza is a leading company in the Andean Region, operating in 23 cities in Chile, Peru, and Colombia. It has more than 2.3 million m2 of GLA distributed across a portfolio of 37 diversified properties, well-positioned in its respective markets, and with an annual visitor flow of 369 million.
- May 9, 2025Land & Property
Marana ADU Construction, Custom Backyard Casita Design & Build Service Announced
This service arrives in the wake of a recent resolution passed by the town of Marana legally allowing accessory dwelling units, or ADUs, to be constructed within the city limits, bringing Marana in line with Arizona state law. To celebrate, Marana ADU Construction Experts are offering their end-to-end services to local homeowners. For more information, visit https://adumarana.com ADUs, also called Casitas, are small, standalone structures that share a lot with a larger home or building. In recent years, they have gained popularity as guest homes, mother-in-law suites, and, most prominently, as short-term rentals. A recent report by Alts.co found that ADUs used as short-term rental properties can pay for themselves in 3 years, depending on the location and size of the structure. As Marana ADU Construction Experts explain, however, the possibilities opened up by this new resolution do not come without complications. The permitting process to construct an ADU in Marana remains complex, which is where the company’s construction advisory services begin. As a design-and-build service, the company can assist in the compliance process and ensure that the proper permits are secured well in advance of the project itself. They work with each client to create a custom space that meets their needs while also working to preserve the character of Marana’s picturesque suburban neighborhoods—a fine yet important line to walk. Read more about these services at https://adumarana.s3.us-east-1.amazonaws.com/index.html Their team of contractors is capable of creating standalone structures or converting garage spaces into functional living spaces. They can also offer guidance on financing and will establish a clear cost estimate and timeline with each client prior to starting a given job, ensuring that all expectations can be met on both fronts. Marana ADU Construction Experts emphasize the importance of proper planning in projects of this kind, encouraging their prospective clients to do ample research regarding potential costs and zoning requirements. They also encourage those considering an ADU to first determine the intended future uses that the space might have before getting in touch. The company emphasizes that their services are anticipated to grow in demand rapidly over the course of the next few months as word of these new zoning rules spreads. Those interested in being among the first to construct a custom ADU in Marana should call 520-369-4329 or visit the link below to read more or get a quote. To find out more, visit https://youtu.be/cq-0u-CkHm8
- May 8, 2025Land & Property
Longhorn Commercial Roofing Dallas Helping Clients Prepare For Storm Season
Long Horn Commercia Roofing Dallas is pleased to announce that they are starting to help their clients prepare for the storm season by delivering advise on the best improvements to help ensure a home is storm-proof. The commercial roof repair company is an expert at storm proofing solutions and has years of experience ensuring that houses are ready for oncoming storms. The business repairs all types of commercial roofs and is keen to guarantee that owners experience the least possible damage, regardless of the weather conditions, through the worst months of the year. They offer 24/7 emergency roofing services year-round to protect a property and ensure safety. Whether a roof has suffered damage from storms, hail, natural disasters, or unexpected incidents, the team is ready to respond. About Long Horn Commercial Roofing Dallas Longhorn Commercial Roofing Dallas is a full-service roofing contractor serving commercial and industrial customers throughout the surrounding DFW Region. They repair commercial and industrial roofs throughout the entire DFW Region: Dallas, Fort Worth, DFW Metroplex, Arlington, Highland Park, University Park, Irving, Garland, Plano, Balch Springs, Duncanville, Farmers Branch, Mesquite, Grand Prairie, Richardson, Addison, Carrollton, Garland, Lancaster, DeSoto, Rowlett and the surrounding region. The team offer 24/7 emergency roofing services year-round to protect any property and ensure client safety. Whether a roof has suffered damage from storms, hail, natural disasters, or unexpected incidents, their skilled team is ready to respond. More information about Long Horn Commercial Roofing Dallas can be found on the business website. Alternatively, a representative for the company can be contacted directly using the information provided below.
- May 8, 2025Land & Property
Luxescape Design Announces National Expansion and Tech-Driven Approach to Landscape Design
Redefining the Future of Outdoor Spaces with Smart, Scalable Solutions Luxescape Design, the Australian-based landscape design company led by founder Brett Ingwersen, has announced plans for nationwide and international expansion as it scales its tech-driven franchise model. The business, which began as a local operation five years ago, is leveraging advanced tools like drones, LiDAR, 360-degree imaging, and augmented reality (AR) to transform how landscapes are visualized, designed, and delivered. The announcement marks a key moment in the company’s evolution, as it rapidly grows its presence along Australia’s east coast and prepares to enter new global markets over the next 18 months. From Garden Centre to Digital Landscape Innovation The seeds of Luxescape Design were sown in the early 2000s when Brett Ingwersen owned a retail garden centre. Clients frequently asked for landscape designs, and Brett observed how traditional methods—tape measures, laser levels, and site revisits—were inefficient and limiting. A pivotal moment came during a conversation with business futurist Craig Rispin. Their collaboration revealed how drones and 3D modeling technology could disrupt and improve the landscape design process. The insights led to the formation of Luxescape Design, a company now built around tech-enhanced design workflows that prioritize accuracy, speed, and accessibility. “Your home is your haven,” says Ingwersen. “It should be a place for entertaining, relaxing, playing, and having fun. It should also add value to your property, as well-executed landscaping is an investment, not an expense.” Franchise Growth and Vertical Integration Drive Business Expansion With several operational franchises already established along the east coast, Luxescape Design is scaling its model to attract aspiring entrepreneurs seeking opportunities in a future-ready industry. The company’s franchise system supports partners with access to technology, training, and a proven workflow that accelerates project turnaround and client satisfaction. Beyond franchising, Luxescape Design is creating a vertically integrated supply chain, offering everything from plant production to garden accessories and even post-project maintenance plans. The company grows many of its own plants and landscape materials, while also working closely with construction teams to ensure a cohesive execution from design to build. This full-spectrum approach aims to simplify the customer journey and provide franchisees with a turnkey solution that extends beyond traditional design services. Technology as a Cornerstone of Modern Landscaping The incorporation of emerging technologies has been a cornerstone of Luxescape’s appeal. Each project begins with a comprehensive data capture using drones, LiDAR scanning, photogrammetry, and 360 cameras. These digital assets are then processed into highly detailed 3D models, giving clients a realistic and immersive view of their future outdoor space before any physical work begins. This method not only reduces site visits but also shortens design timelines and improves collaboration between stakeholders. “Our use of drones and data-driven models means we can finish designs faster and more accurately than most traditional firms,” says Ingwersen. “It’s about making the process seamless, not just for clients but for the business owners who join our network.” Positioning for Global Influence in Tech and Design As Luxescape prepares for its international rollout, the company is targeting media coverage and strategic partnerships within the technology, franchising, and small business communities. Ingwersen is also exploring opportunities to speak at industry events and join podcasts that discuss entrepreneurship, innovation, and the future of design. The founder’s unique blend of horticultural experience and technological foresight has positioned him as a thought leader at the intersection of green spaces and digital innovation. Luxescape’s mission now extends beyond beautiful landscapes—it’s about enabling a new generation of designers and business owners to thrive in a modernized, tech-forward industry. About Luxescape Design Luxescape Design is an Australian landscape design company founded by Brett Ingwersen. The company specializes in cutting-edge residential and commercial design, utilizing drones, LiDAR, AR, and 360 imaging to create detailed 3D models. Established five years ago, Luxescape has evolved into a thriving franchise network, offering vertically integrated services including plant supply, furniture, construction partnerships, and maintenance planning. With multiple territories across Australia and plans for international expansion, Luxescape aims to revolutionize landscape design and empower entrepreneurs through a streamlined, tech-first approach. Media Contact Name: Brett Ingwersen Title: Founder Email: [email protected] Website: luxescape.design Instagram (Personal): @brettingwersen Instagram (Business): @luxe.scape LinkedIn: Brett Ingwersen Google Reviews: Luxescape Design Reviews
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