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France Freezes 31 Luxury Properties Owned By Eight Sanctioned Russian Billionaires
Roman Abramovich’s Château de la Croë in Antibes, France. Gamma-Rapho via Getty Images The frozen properties, worth nearly $1 billion, include Roman Abramovich’s château on the French Riviera and his estate in St. Barts. On Wednesday, French authorities published a list of 41 properties owned by sanctioned Russian individuals that had been frozen since Russia’s invasion of Ukraine, worth nearly $620 million. Forbes found that 31 of those properties are owned by eight sanctioned Russian billionaires, including Roman Abramovich’s $250 million Château de la Croë in Antibes on the French Riviera and his $90 million estate on the luxe Caribbean island of St. Barts. Forbes estimates the 31 billionaire-owned properties…
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Russian attack sets Ukrainian home-improvement store ablaze (satellite photo)
This BlackSky satellite picture, collected around Chernihiv, Ukraine, on Feb. 28, 2022 at 12:22 neighborhood time (UTC+2), shows an Epicentr K dwelling improvement warehouse ablaze with scorched fields a couple hundred meters east following shelling in the region. (Image credit score: BlackSky) Personal Earth-observation satellites are encouraging the globe maintain tabs on the Russian invasion of Ukraine. Sharp-eyed spacecraft operated by Maxar Technologies and World have documented Russian troop actions and the hurt done to strategic targets in Ukraine these types of as airbases. But the destruction and assaults have not been limited to amenities with navy importance, as pics from Virginia-dependent corporation BlackSky show. Yesterday (Feb. 27), BlackSky posted…
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NYC luxury real estate market sees influx of Russian sellers liquidating fast ahead of possible US sanctions
FOX Business’ Madison Alworth stories on the city’s attempts on ‘Varney & Co.’ New York Metropolis real estate brokers have been inundated with Russian consumers on the lookout to privately promote off multimillion-greenback homes by so-referred to as “whisper listings” in a rush to liquidate property amid fears a lot more U.S. sanctions will appear against any person believed to be tied to Russian President Vladimir Putin. Dolly Lenz, a luxury true estate agent who’s been in the organization in New York City much more than 35 many years, explained to FOX Business enterprise her agency acquired phone calls from Russian clients on the lookout to probably “whisper listing” among…
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Russian oligarchs pour money into U.S. real estate market
As President Joe Biden vows to punish Russia with money sanctions by seizing yachts, mansions and other assets, members of the genuine estate local community and lawmakers are skeptical about how productive he’ll be at finding accessibility to the income Russians have been pouring into true estate for a long time. From Sunny Isles, Florida, to Cleveland and superior rises in Manhattan, article-Soviet oligarchs’ cash has poured into big towns and the heartland in new many years with minor recourse. That’s due to the fact there is very very little the govt can do to come across out who owns what true estate in the U.S., which has turn into…
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Russian Invasion in Ukraine Impacts NYC, Miami Real Estate
Vladimir Putin (Getty/Illustration by Kevin Rebong for The True Offer) Russian President Vladimir Putin’s invasion of Ukraine has established the phase for international economic turmoil and sanctions whose impacts will stretch to the U.S. serious estate marketplace. The invasion has led the U.S. federal government to join its allies in shifting to freeze the assets of Russian elites near to Putin, and will probable gradual real estate expenditure from each international locations. The full extent of the sanctions is continue to currently being established. Russian and Ukrainian buyers represent a smaller section of the all round U.S. true estate current market, but authorities agree that it will turn out to…
