The view of the Elbtower construction site. picture alliance/dpa | Markus Scholz
The German family business Schoeller Group has confirmed the purchase of three real estate projects from the bankrupt luxury real estate company Signa Prime Selection AG.
A luxury hotel, a city district and a development project in Italy are to be transferred to the Schoeller Group.
As a result of Signa’s insolvency, the properties in Germany are also to be sold – including Galeria Karstadt Kaufhof and KaDeWe.
Schoeller Group, a German family-owned company, recently confirmed the acquisition of three real estate projects from bankrupt luxury real estate company Signa Prime Selection AG in Italy. The contract papers were signed in Vienna, as announced by Signa Prime, founded by René Benko. There were no details about the purchase price.
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It’s not just Italian projects that are affected
In Venice, the Hotel Bauer, a luxury property on the Grand Canal that is currently being renovated, changed hands. The Schoeller Group also acquired the WaltherPark urban district in Bolzano from the Signa Group, which is still in the construction phase. The development project Viva Virgolo, which aims to develop Bozen’s local mountain Virgl, also ends up with the Schoeller Group.
The Schoeller Group, which is based in Pullach, Bavaria, owns, among other things, Schoeller Allibert. This is a company that describes itself as the world market leader in plastic containers for industry, transport and trade.
As a result of the insolvency of the real estate and trading group Signa, it is planned to also sell the portfolio in Germany, including the Elbtower in Hamburg, which is still under construction, and properties from the Galeria Karstadt Kaufhof department store chain. The property of the Berlin luxury department store KaDeWe has already been sold to the Thai Central Group. It was already involved in the operation of KaDeWe and intends to take it over completely.
dpa
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These stocks including Bajaj Finance will benefit in the bullish market today, what bets will you place?
– 2024-04-26 13:52:17
2024-04-26 13:52:17
New Delhi: Domestic stock markets witnessed a rise for the fifth consecutive trading session on Thursday due to strong buying in bank, finance and metal stocks. BSE Sensex had once again crossed the 74,000 mark by rising by about 487 points. At the same time, NSE Nifty closed above 22,550. There was heavy selling in early trading on BSE. But, later it was successful in recovering and taking the lead. BSE’s 30-share Sensex closed at 74,339.44 points, up 486.50 points or 0.66 percent. At one point during trading, it jumped by 718.31 points to reach 74,571.25. Similarly, Nifty of National Stock Exchange (NSE) also increased by 167.95 points or 0.75 percent to reach 22,570.35 points. Axis Bank, included in the Sensex group, made a big jump of six percent. The bank got support from investors due to its positive quarterly results. Apart from this, State Bank of India, NTPC, Nestle, Sun Pharma, JSW Steel, ITC, Mahindra & Mahindra and HCL also closed with gains. On the other hand, after going through the strict action of the Reserve Bank, there was a huge fall of 10.85 percent in the shares of Kotak Mahindra Bank. Apart from this, shares of Hindustan Unilever, Titan, Bajaj Finance, Maruti and Asian Paints also declined.
There is a rise in these shares
Momentum indicator Moving Average Convergence Divergence (MACD) has shown a bullish trend on Dixon Technologies, Bajaj Finance, Cummins India, Kirloskar Industries and Craftsman Automation. MACD is known for indicating trend reversals in traded securities or indexes. When the MACD crosses the signal line, it gives a bullish signal. This indicates that the share price may see upward movement. Similarly, it also indicates recession.
Signs of recession in these stocks
MACD has indicated bearishness in the shares of Bharat Bijlee, M&M, JSW Energy, Symphony and Tata Power. This means that now these shares have started falling.
Buying is visible in these shares
The stocks which are seeing strong buying include SBI, JSW Steel, Eicher Motors, Hindalco, and ICICI Bank. These shares have crossed their 52 week high level. This indicates bullishness in these shares.
Selling pressure in these stocks
The stocks which are seeing selling pressure include Kotak Bank and Dalmia Bharat.
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Meet Tinker Toy: The Motorcycle with the Most Cylinders in the World!
Jakarta –
The motorcycle with the most cylinders in the world is called “Tinker Toy”. Two cylinders or four cylinders? Not enough! This motorcycle has a 48 cylinder engine, taken from the Kawasaki KH250!
A man from England, Simon Whitelock, made a “Tinker Toy” from 16 Kawasaki KH250 engines. The aim is to make the motorcycle enter the Guinness World Record list as the motorcycle engine with the largest cylinders.
The motorcycle takes its name from the B17 Flying Fortress bomber in World War II. Tinker Toy was not created to pursue performance, but simply to set records beyond the reach of others.
Named from the Bonham auction site, this project began in 1998 and was only completed in 2003. 80 percent of the work was done in the last year.
16 two-stroke motorcycle engines were changed to six with eight cylinders each, the ignition and carburetor are from Mikuni, the transmission is taken from the BMW K100.
The bike’s original tank was made from a 150mm diameter stainless steel tube, located between the middle and lower cylinders. At the same time, behind the tank there are electrical elements.
To start the motorcycle you need a scooter with a 125cc 2-stroke single cylinder engine that works as a starter motor.
The frame is specially made. Additional springs are installed on the front fork, Hagon accepts the rims.
This motorcycle weighs 600kg, and the great thing is, this motorcycle is road legal.
When it first started without an exhaust system, Simon said the engine sounded like a Rolls-Royce Merlin, which he certainly liked as a World War II aviation enthusiast.
The motorcycle was reportedly sold for 92 thousand pounds or about 1.86 billion Rp. Accompanying the purchase is a Guinness World Records frame certificate, and a UK V5C registration document.
Watch video”Indonesian flag in Grasberg, Freeport breaks the world record!“
(admin/rgr)
2024-04-26 13:06:11
#cylinders #cylinder #Kawasaki #motorcycle #sells #IDR #Billion
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Meet Tinker Toy: The Motorcycle with the Most Cylinders in the World!