Trending News

Famous Versace Mansion Casa Casuarina Price-Chopped to $75 Million

The famous Casa Casuarina that once belonged to late fashion mogul and founder of couture brand ‘Versace’, Gianni Versace has got a huge price chop and been listed at $75 million. The mansion previously debuted in the market with an asking price of $125 million, sometime in 2012.

Blackstone and Prologis to Acquire $960 Million Warehouse Portfolio

A unit of Blackstone Group LP, a popular real estate firm and Prologis, a real estate Investment Trust has agreed to purchase a 17 million square feet warehouse portfolio worth $960 million, according to several media reports.

Ford Closing Two Plants in Australia

Ford Motor Co., the popular automobile manufacturing firm announced on Thursday, May 23 that it will be closing down two of its plants in Australia and will be shutting down all production in the country by October, 2016 on constant accumulated losses.