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first_imgThe home at 117 Osborne Drive, BurpengaryTHIS five-bedroom home is on a private acreage block in Burpengary. The property, which is at 117 Osbourne Drive, has been well maintained and backs on to a nature reserve. Owner Lyn Patterson said the home was close to everything while still being in a quiet neighbourhood that would never be built out.“We’ve got the wildlife reserve at the back so we get the kookaburras on the property and plenty of other birds,” she said. The home has four bedrooms with built in wardrobes and there is an ensuite to the main bedroom. The home is on a private, landscaped block.More from newsLand grab sees 12 Sandstone Lakes homesites sell in a week21 Jun 2020Tropical haven walking distance from the surf9 Oct 2019There is also a study that could be used as fifth bedroom. The new kitchen has stainless steel appliances, subway tiles and white cabinetry while the dining room and living room both have tiled floors and sliding doors that open to a covered entertainment area. The airconditioned sunken lounge has near-new carpet and access to the entertainment area. The home has been repainted inside and out and the roof has been resprayed. The big kitchen has been updated.Outside, the fully fenced property has been landscaped and features a fully powered 6x9m shed, a water tank, grey water system and a garden shed.Marketing agent Raimo Lavia, of Raine & Horne North Lakes, said the home was in a sought-after acreage pocket in the Burpengary-Narangba area. It is minutes from the Bruce Highway and both the Narangba and Burpengary train stations. Local schools and several shopping centres are within a 10-minute drive of the property. Ms Patterson said she was selling to downsize but would miss having so much space. “I’ll also miss the neighbours because everyone is so friendly,” she said.last_img read more

first_imgDenmark’s Industriens Pension reported a 2,500 increase in the number of active members of its pension scheme between January and June this year, reversing a period of decline, as employment in the industrial sector grew.Laila Mortensen, chief executive at the labour-market pension scheme, said: “The increase is a result of the positive development in employment in Danish industry.”The number of contributing scheme members rose to 160,976 at the end of June from 158,591 the same time the year before, according to the scheme’s interim report.Many jobs in the industrial sector covered by Industriens had previously been cut, Mortensen said. “Because of that, the number of active members in the pension scheme had fallen very significantly, but now employment and membership numbers are on their way up again, and, of course, we are very pleased about that,” she said.This development helped push the fund’s profit higher, Industriens said.As previously reported, Industriens said its overall pre-tax return for the the first half rose to 6.6%, with Danish equities producing a 20% return at the six-month period.The pension fund said its holdings in Danish shares were worth DKK9.9bn (€1.3bn) at the end of June. Assets under management rose by DKK8bn since the end of December to DKK136bn at the end of June.Meanwhile, Finnish pensions insurance company Ilmarinen posted a return of 3.4% in the first half of this year, up from 3% a year earlier, but witnessed a decline in the number of people insured.In absolute terms, Ilmarinen’s return for January to June was €1.1bn, up from €892m in the same period last year, the firm said in its interim report.It said the number of earnings-related pension insurance policies increased over the period, but the number of insured private customers fell.Ilmarinen said: “This resulted from a weakening in employment due to the recession.”At the end of June, the total number of people insured with Ilmarinen fell by 10,000 since the end of December, to 560,000.Pension recipients, however, continued to rise steadily during the six-month period, growing to 316,000 at the end of June from 310,000 at the end of 2013.Harri Sailas, president and chief executive at Ilmarinen, said: “The increase in life expectancy and the ageing of the population will also have an obvious effect on the number of pensioners insured with Ilmarinen in the near future.”This growth seems to be continuing at around 2% a year, he said.Pension assets rose to €33.5bn at the end of June from €32.5bn at the end of December.Within investments, equities generated 5.5%, up from 6.3%, fixed income produced 2.2% compared with 1.6%, while the return for direct real estate investments was the same as the year before at 2.4%.Solvency grew to 29% at the end of June from 24.3% a year before.last_img read more