Forbes launches worldwide luxury listings platform

first_imgBonnie Stone Sellers and Jeff Hyland with the platform (Linkedin, Getty, Forbes, iStock)Forbes is launching a worldwide high-end home listings platform that won’t charge a commission but whose members will pay annual dues.Forbes Global Properties will list only homes above $2 million, according to Yahoo Finance. The venture could be described as a high-end Zillow or Redfin.Jeff Hyland, who co-founded Beverly Hills-based luxury brokerage Hilton & Hyland; and Bonnie Stone Sellers, former CEO of Christie’s International Real Estate, will lead the new platform. She will have the title of chairperson.Forbes said the platform will capitalize on its built-in audience of readers “to connect, inform, and inspire high-net-worth potential homebuyers and sellers about the finest properties for sale around the world,” according to its news release.Forbes calls the platform an “invitation only network” for agents “to collaborate and transact without the imposition of referral fees.The platform charges no commission, but members will pay annual dues. While it is described as an invitation-only service, nonmember agents can also pay to list properties.The venture has member brokerages in 75 countries, according to Yahoo Finance. Hyland told the Los Angeles Times that he expects “to have no more than 100 independent offices” globally with listings on the platform.As of Monday morning, there were 724 homes listed on the platform. About half are in the U.S. and half are elsewhere around the world, according to Hyland. Forbes said that 200 homes are listed for more than $10 million. [YF, LAT] — Dennis Lynch This content is for subscribers only.Subscribe Nowlast_img read more

Drivers Jonas to merge with Deloitte

first_imgTo access this article REGISTER NOWWould you like print copies, app and digital replica access too? SUBSCRIBE for as little as £5 per week. Would you like to read more?Register for free to finish this article.Sign up now for the following benefits:Four FREE articles of your choice per monthBreaking news, comment and analysis from industry experts as it happensChoose from our portfolio of email newsletterslast_img

Kenya’s white rhino population boosted by yet another birth

first_imgKenya’s community conservancy celebrate rhino birth Kenya registers two rhino births ZAMBIA – 2014/06/16: White rhinoceros (Ceratotherium simum) in Mosi-oa-Tunya National Park near Livingston in Zambia. (Photo by Wolfgang Kaehler/LightRocket via Getty Images) A White rhinoceros (Ceratotherium simum). (Photo by Wolfgang Kaehler/LightRocket via Getty Images)Kenya’s wildlife management authority on Thursday reported the birth of a calf of a white rhino in Meru National Park in Meru County, about 348 kilometres east of the capital Nairobi.“The mother, named Jenifer, is believed to have given birth to a bouncing male baby about four days ago,” the Kenya Wildlife Service said on Twitter.A photo showing a white rhino mother, Jennifer, and her calf walking in Kenya’s Meru National Park. COURTESY: TWITTER/Kenya Wildlife ServiceAccording to the KWS, the calf’s mother has given birth to six other calves since 2006 when it was translocated from Solio ranch in central Kenya to Meru rhino sanctuary.“We are glad the number of the endangered species is growing with several births reported in the recent past,” it added.Rhino numbers have dropped dramatically in recent years due to poachers killing the animals to supply the black market with their horn.In December, two southern male white rhinos were killed following an attack by poachers at the highly secured and privately-owned Lewa Wildlife Conservancy in the northern part of Kenya.However, recently, there has been a rise in optimism after an increase in births of white rhino calves. In February, a rhino calf was born in the Nairobi National Park.In Africa, southern white rhinos, once thought to be extinct, now thrive in protected sanctuaries and are classified as near threatened, according to the World Wildlife Fund for Nature (WWF). However, it added, the western black rhino and northern white rhinos have recently become extinct in the wild. The only two remaining northern white rhinos are kept under 24-hour guard in Ol Pejeta Conservancy in Kenya.Relatedcenter_img Kenya’s community conservancy celebrate black rhino birthlast_img read more

2014 Subaru Forester: Don’t mess with success, unless your name is…

first_imgNot content with leaving well enough alone, Subaru decided that the 2014 Forester — a car that was selling well up to this point — needed a makeover.If you’re looking for an analogous situation, try asking your new bride to get a makeover the day after the wedding.2014 Subaru Forester (Courtesy photo)“Wouldn’t you feel better as a redhead?”Better yet: Build a backyard deck. Stain it, seal it, tear it down and use the lumber to construct a redwood Millennium Falcon.“You sure you don’t want to be a redhead, honey?”Maybe that’s a bit dramatic, but redesigning a car three years into its life cycle is certainly rushed. Especially considering 2012 sales of the Forester were among the best the Japanese automaker had seen for the compact ute. Sales for the Forester comprise around 25 percent of overall sales for the brand in total. Behind the Outback, Forester is neck-in-neck with the Impreza for second best-selling car for Subaru.I’m not one to argue with success, but I will here. For 2014, Subaru took the same 2.5-liter, naturally aspirated four and a new 2.0-liter turbocharged four and planted both front and center into a new body. Engineers, who obviously thought you’d be gawking at the engine for too long, thought to minimize reflection from the hood to keep your eyes on the road. Good thinking.The aforementioned turbocharged mill is the initial attractive option here, replete with 250 horsepower and a turbo, which means something to someone. I’m all for speed — and despite Subaru’s best effort to assure me that engine wouldn’t absolutely, positively, without-a-doubt fit into the upcoming Impreza WRX, despite sharing a similar chassis — the naturally aspirated version is what I’m here to see.That engine, a 2.5-liter carryover from the old model produces 170 horsepower, and will likely be the more popular option with buyers. Up here at altitude, that’s a big thing for you and I, our clean, high-altitude air saps vigor like chain-smoking Pall Malls for 20 years.Particularly mountain passes. Which is precisely how I find myself in Vail, during the summer — because why else would you pay these prices any other time than the winter?With symmetrical all-wheel drive, Subaru’s Forester has been on the short list of compact utes for the past few years. With recent overhauls to the Honda CR-V and Toyota Rav4, the Subaru finds itself in crowded company of the worst kind: recently updated crowded company, that is.Perhaps that’s why Subaru accelerated the time schedule to stay ahead of the dramatically changed 2014 Toyota Rav4, unveiled last year at the LA Auto Show and the upcoming redesign to the CR-V. Both of those utes have enjoyed similar sales success to the Forester and for good reason, they’re both very good cars.To compete, Subaru focused almost solely on the interior experience. Engineers moved the A-pillar forward more than 9 inches and added a front quarter window to the driver and passenger side to enhance outward visibility. Additionally, the front seats have been raised 1.4 inches for a higher driving position with better visibility. Mirror-tint all the windows and I feel like somewhere a Japanese engineer will have a stroke.To stem the rising rumor that Subarus battle with gas mileage, the new Forester manages a 24/32 mpg rating for the small engine mated to their continuously variable transmission. CVTs aren’t new, and are replacing traditional six-speed automatics everywhere at an alarming rate. (Almost equally alarming is how much fun a CVT can sap out of a car — and the Forester is no different.) Toyota’s all-wheel drive Rav4 manages 22/29 mpg and Honda’s similar CR-V produces 22/30 mpg, comparatively. That bubble was a big one for Subaru to bust, and so far it seems to have paid off. July sales for the Forester show it 40 percent ahead of last year’s model in cars sold year-to-date.That’s where differences from last year’s model really fall off. The 2014 Forester resembles the outgoing model in almost every respect, same goes for the dimensions. This year’s model is only 1.4 inches longer, with 1 inch added to the wheelbase and 1.4 inches to the height.The overall effect isn’t dramatic on the ride quality. The Forester is still 8.7 inches off the ground, which help it traverse just about anything. This year’s inclusion of “X-mode” a programming function with hill-descent control and gearing allow the Forester to climb truly hairy stuff, then go back down again. The turbo model, which I enjoy, isn’t strictly necessary to have fun in a Forester; all you need for that is a mountain town like Vail and an imagination.Additionally the 2014 model starts at $21,995 (destination not included), which is $730 more than the outgoing 2013 model. That’s certainly not Vail money, by any stretch, but it is affordable for a capable ute.Certainly Subaru won’t change this one anytime soon. I mean, you would think so, right?Aaron Cole is managing editor of the Aurora Sentinel. He knows he’s wrong, but he’d rather hear it from you. Reach him at [email protected]last_img read more