14 Kinmond Ave, Wavell Heights sold at auction for $1.646 million.MOVE over Clayfield and Ascot, Wavell Heights is the new hit suburb with buyers seeking homes close to inner-city Brisbane.Today’s auction of a 1908 Queenslander on 1715sq m of land at 14 Kinmond Ave, Wavell Heights drew a crowd of around 100 people and 13 registered bidders.The iconic ‘Noora’ estate sold under the hammer for $1.646 million but Ray White Ascot’s Rosemary Ahearn said interest was due to more than just the property’s wonderful features.“I consider Wavell Heights to be the next suburb on fire, it already is,” she said.“There’s been huge movement in the bottom section of the market and that’s filtering through.”More from newsMould, age, not enough to stop 17 bidders fighting for this home3 hours agoBuyers ‘crazy’ not to take govt freebies, says 28-yr-old investor9 hours ago14 Kinmond Ave, Wavell HeightsMs Ahearn said Wavell Heights, only 9km from the CBD, had always been a quality suburb.“There are 27 hills in Brisbane and Wavell Heights has all the old original homes with that lovely tree ambience,” she said.Today’s buyers were a couple with children seeking a larger property. “It’s just so hard to get the big blocks anymore because everything has been subdivided,” Ms Ahearn said.“We are delighted that it’s somebody who intends to keep the block as one and who values that old-fashioned large block and the ambience of that.”The median house price in Wavell Heights is $648,500, according to researcher CoreLogic.
Benefits to NMC, meanwhile, were said to include the ability to “leverage DWS’s investment strength and capabilities, global presence and deep relationships with institutional investors around the world”.“Joining forces with DWS will enable Northwestern Mutual Capital to provide private equity-related solutions to an expanded institutional investor base while continuing to support Northwestern Mutual’s appetite for these assets,” added Jeff Lueken, senior vice president, Northwestern Mutual.As at the end of 2019, NMC was responsible for managing portfolios with total assets under management of $55bn (€48bn), including $13bn of private equity and related investments.Looking for IPE’s latest magazine? Read the digital edition here. DWS is forming a partnership with Northwestern Mutual Capital (NMC), the private markets division of US insurer Northwestern Mutual.DWS said NMC had been investing in private markets for more than 40 years, and that the partnership, which is to identify and develop private market opportunities, “represents a strong addition to DWS’s private asset offering to institutional investors”.The partnership is to see NMC grow third-party assets and further diversify in collaboration with DWS’s global private equity team. NMC has a team of 35 investment professionals.“The close relationship between NMC and DWS, combined with demand for differentiated alternative strategies from DWS’s global institutional client base, make this partnership a clear and logical next step for our business,” said Mark McDonald, global head of private equity at DWS.
Athletes are still preparing for the games, however many have been affected by the virus, which is causing havoc around the world. Many are self-isolating, while some countries have strict quarantines in place, making training for certain sports difficult. British athletes will not be part of Olympics in the midst of Covid-19 ‘Whilst we acknowledge the IOC are doing their best to ensure that the qualification process remains fair for all athletes across all sports, we are in regular dialogue with them on this matter, as it is clear there are significant challenges developing in training and qualification programmes that will have a major impact between now and the Games. ‘It is imperative to preserve the competitive integrity for athletes, but is clearly only wise for athletes to continue to prepare for the Games where it it safe and appropriate to do so, within relevant Government and public health guidelines.’ Read Also Tokyo 2020 Olympics ‘cursed,’ says Japan’s deputy prime minister Britain has recorded large cases of affected persons as well as deaths and some believe agreeing to send athletes to the Olympics should the pandemic continue amount to deliberately sending troops to war without ammunition. FacebookTwitterWhatsAppEmail分享 Promoted Content5 Of The World’s Most Unique Theme ParksWhat Happens To Your Brain When You Play Too Much Video Games?14 Hilarious Comics Made By Women You Need To Follow Right NowBirds Enjoy Living In A Gallery Space Created For Them10 Risky Jobs Some Women DoA Hurricane Can Be As Powerful As 10 Atomic BombsWhich Country Is The Most Romantic In The World?10 TV Characters Who Were Destined To Become IconicIt Might Be Quentin Tarantino’s Last MovieWhat Is A Black Hole And Is It Dangerous For Us All?Who Earns More Than Ronaldo?Top 7 Best Car Manufacturers Of All Time Loading… The British Olympic Association has made its position very clear when it comes to this year’s Olympics, which is currently still due to go ahead despite the coronavirus outbreak. ‘We can be categorically clear that we will not endanger the health and wellbeing of the athletes of wider delegation at any point,’ the BOA said a statement. Plans for this year’s Tokyo Olympic Games are largely continuing as normal, however there have been calls to cancel or push back the event. ‘We appreciate that sport is of a secondary important when it comes to the health and wellbeing of the population,’ the statement said. ‘Following conference calls that have taken place between the International Olympic Committee, International Federations, National Olympic Committees and athletes’ representatives this week, we are determined to work without international Olympic colleagues to ensure we find the most appropriate outcome for the Games, scheduled for four months’ time, in light of the growing seriousness of COVID-19.’Advertisement