CSM bakery profits take a hit

first_imgBakery products supplier CSM’s profits have been hit due to pressure to reduce selling prices, according to its first quarter trading update. Netherlands-based CSM, which owns BakeMark UK, saw volumes in bakery supplies down 3.8% compared to Q1 of 2008, with “the more luxury pastry items particularly affected”. Sales in its Bakery Supplies Europe division stood at €249.2m compared to €264.6m for the comparable 2008 period. EBITA before exceptionals was €6.3m compared to €12.8m in 2008.The statement released from the company noted that the pressure to reduce selling prices in bakery supplies led to a decrease in return on sales.The company saw overall sales growth of 2.9% for its bakery supplies and lactic acid businesses. Profit before deductions stood at €20.1m, impacted by a decline in volumes of 4.2%.Gerard Hoetmer, chief executive officer at CSM, said the firm is focused on generating cash, which has resulted in a number of cost-cutting initiatives including the temporary suspension of a number of production lines.last_img read more

Paul Tillich at Harvard

first_imgWhen he started teaching at Harvard in 1955, Paul Tillich (1886-1965) was one of the world’s foremost theologians. His early romantic views of the world had been tempered in the cauldron of World War I, where he served as a frontline German Army chaplain. But he became a Christian existentialist eager to fill up the seeming emptiness of modernity with moments of ecstasy.Tillich was 69 when he began his sojourn at Harvard. He had longed for a setting where he could reconnect the deep inquiries of art, science, and religion that modern culture seemed bent on dividing. Harvard became that setting, an intellectual crossroads where poets, scientists, artists, and philosophers were gathered. The University witnessed Tillich’s final flowering as a great synthesizer; his goal was to connect the myriad ways we grapple with what he called ultimate concerns.This important scholar of theology, art, and philosophy — author of the landmark “The Courage to Be” (1952) — was celebrated last week in an evening symposium at the Memorial Church. It marked the 50th anniversary of his retirement from Harvard and — by chance — the 100th anniversary of his ordination as a Lutheran minister.The occasion was the 39th of the Paul Tillich Lectures, founded in 1990 by William R. Crout, S.T.B. ’58, A.M. ’69, and delivered once a term. Previous lecturers have included former Harvard President Nathan Marsh Pusey (1993), who had hired Tillich to revive a sagging divinity program; humanist and eminent biologist Edward O. Wilson (1997), Harvard’s Pellegrino University Professor Emeritus; and the late Rev. Peter J. Gomes (1999).Gerald Holton (from left), Ann Belford Ulanov, Harvey G. Cox Jr., and Richard M. Hunt recalled the spiritual and intellectual ambition of theologian Paul Tillich in an event marking the 50th anniversary of his retirement from Harvard.This term’s lecture was unusual: four speakers instead of one. They all remembered Tillich in person.Called “Paulus” by his friends, Tillich loved being at Harvard. “Part of the reason is this University’s fortuitous openness,” especially in the years just before and just after World War II, said onetime University Marshal Richard M. Hunt.Like his contemporary Albert Einstein, Tillich was a product of a particular educational ideal in the Europe of his boyhood: Master Kultur, then hew to a specialization. Harvard offered a matching intellectual depth, along with an engaging émigré community of European scholars who came up in the same way.Then, said Hunt, there was Tillich’s title of “University Professor,” shared by only four others at the time. (There are 24 University Professors at Harvard today.) It conferred on him the freedom to teach undergraduates — something Tillich had never done before — as well as lecture widely to students in law, medicine, divinity, public health, art, and education.Charming, modest, intellectually eager, a great listener —“he seduced us all,” said speaker Gerald Holton, remembering Tillich at a faculty dinner in 1955. (Holton, whose relationship with Harvard began in 1943, is Harvard’s Mallinckrodt Professor of Physics and professor of the history of science emeritus.)Tillich lived to regard his time at Harvard as “the fulfillment” of his career, said Holton, and in the meantime added a presence that was “magisterial and accessible, and just fun.”Harvard was also where Tillich arrived at his final sense of where science stands in the quest for meaning. Early in his life science was “a respected part of Kultur,” said Holton. Then came a long middle period of doubt about science and technology. As late as 1957 Tillich wrote that “the dimension of faith is not the dimension of science.”Yet Harvard inspired a third phase — not one of harmony between science and religion, but at least a “fruitful tension,” said Holton. In a 1959 Harvard lecture, Tillich held that “ultimate questions appear in different disciplines.”Holton delivered a Tillich lecture in 2004 on the “quest for the ultimate” that Tillich shared with Einstein, a man who was sometimes his philosophical adversary.“They both reached out to the limits of human understanding,” Holton said then — and the two men shared a common theme: “the quest for the unification of apparent irreconcilables.” Einstein’s quest was to unify the major threads of physics; Tillich’s was to synthesize the seemingly divergent paths of science, art, and religion in the modern age — “the reunion of what eternally belongs together,” he wrote, “but what has been separated in history.”The first non-Jewish scholar that the Nazis dismissed from a university, Tillich immigrated to the United States in 1933. He found a 20-year haven at Union Theological Seminary, but only at Harvard did he open his arms wide, happy, he said, to be among more than just theologians.Tillich was ready for years of “conversation at the heart of reality,” said Ann Belford Ulanov, a 1959 Radcliffe College graduate who saw him lecture in the 1950s. She teaches psychiatry and religion at Union Theological Seminary, and delivered Tillich lectures in 1995 and 2002.Start with his collected sermons, she advised, which were delivered in the pared-down English he started to learn only in his late 40s. They provide a pathway to his more complex academic work. (It was at Harvard, for one, that Tillich finished his three-volume “Systematic Theology.”)Another speaker, Harvey G. Cox Jr., the Hollis Research Professor of Divinity, was a Harvard graduate student during the Tillich era. He remembered the great man’s final home seminar, the last of a series of gatherings at his apartment on Chauncy Street. A print of Picasso’s “Guernica” hung in the apartment’s seminar space, a rendering of the mural-size painting of German and Italian warplanes bombing the civilians of Guernica, Spain, in 1937. Tillich, no stranger to war, regarded the iconic Picasso image as “the greatest religious painting of the 20th century,” said Cox.A visual thinker, Tillich saw great art, music, and literature as a natural font of the symbols and analogies necessary to understand the nature of the divine in a modern age that eschewed religious expression.He had a “willingness to stare modernity in the face,” said Cox — and a willingness to let go of traditional religious expressions like “God” and “faith” and “grace” that had “lost their original power.”Finding analogs to these old concepts meant spirited inquiries into other disciplines, and Harvard allowed Tillich that room, said Cox — “the scope he needed to pursue his lifelong project: crossing boundaries.”last_img read more

On the lighter side

first_img 6Grimacing faces are immortalized in the entranceway to Austin Hall at Harvard Law School. 16Floors constructed of concrete, as seen in the Sert Gallery lobby, are featured throughout the Carpenter Center. 4Graphic details decorate the walls of Memorial Hall. 2The architectural model titled “Real and Imaginary Variables” by Arthur Liu, Nicholas Croft, and William Quattlebaum is on display in an exhibit at Harvard Graduate School of Design. 12Elegant forms are carved into the walls of the grand entranceway to Robinson Hall. Impressions of the Cambridge campus are rich with red brick and twining ivy. But a lighter side of Harvard exists, too. Marble, concrete, and dappled canopies give the University subtle shades and nuance, while columns, grandstands, and arches in pale tints offset the traditional greenery of the Yard. Harvard’s true color might be crimson — but beauty can be found in the neutral palette of the campus. 10Columns of Widener Library face out onto Tercentenary Theatre. 7A domed ceiling hovers above the tunnel connecting Wigglesworth House to Harvard Yard. 17The modernist William James Hall designed by Minoru Yamasaki stretches 15 stories high. 9The arches of Harvard Stadium form a repeating pattern. 18Spindles beautify the balcony of Memorial Church.center_img 13Inside Robinson Hall, the swirling mane of a lion made of marble decorates the stairs leading to the History Department. 1The stands of Harvard Stadium are beautifully weathered. 11The trees of Harvard Yard form a canopy casting shadows onto the president, deans, dignitaries, and honorary degree recipients in Tercentenary Theatre on Commencement Day. 14A warm, soft light illuminates the ceiling of Memorial Church. 15Concrete pillars shape a covered pathway under the Laboratory for Integrated Science and Engineering. 3Elements on an exterior wall of Gund Hall at the Harvard Graduate School of Design form a face. 5Charlie Chaplin tips his hat from a mural along Church Street. 8Over 30 inches in length and 200 pounds in weight, this giant clamshell is on view at the Museum of Comparative Zoology. 19The Veritas shield adorns the fallen soldier in the Memorial Church sculpture titled “The Sacrifice.”last_img read more

The difference a year makes

first_imgCould a child’s birthday put him or her at risk for an ADHD misdiagnosis? The answer appears to be yes, at least among children born in August who start school in states where enrollment is cut off at a Sept. 1 birth date, according to a new study led by Harvard Medical School researchers.The findings, published Nov. 28 in The New England Journal of Medicine, show that children born in August in those states are 30 percent more likely to receive an ADHD diagnosis, compared with their slightly older peers enrolled in the same grade.The rate of ADHD diagnoses among children has risen dramatically over the past 20 years. In 2016 alone, more than 5 percent of U.S. children were being actively treated with medication for ADHD. Experts believe the rise is fueled by a combination of factors, including a greater recognition of the disorder, a true rise in the incidence of the condition and, in some cases, improper diagnosis.The results of the new study underscore the notion that, at least in a subset of elementary school students, the diagnosis may be a factor of earlier school enrollment, the research team said.“Our findings suggest the possibility that large numbers of kids are being overdiagnosed and overtreated for ADHD because they happen to be relatively immature compared to their older classmates in the early years of elementary school,” said study lead author Timothy Layton, assistant professor of health care policy in the Blavatnik Institute at Harvard Medical School.Most states have arbitrary birth date cutoffs that determine which grade a child will be placed in and when they can start school. In states with a Sept. 1 cutoff, a child born on Aug. 31 will be nearly a full year younger on the first day of school than a classmate born on Sept. 1. At this age, Layton noted, the younger child might have a harder time sitting still and concentrating for long periods of time in class. That extra fidgeting may lead to a medical referral, Layton said, followed by diagnosis and treatment for ADHD.For example, the researchers said, what may be normal behavior in a boisterous 6-year-old could seem abnormal relative to the behavior of older peers in the same classroom.This dynamic may be particularly true among younger children given that an 11- or 12-month difference in age could lead to significant differences in behavior, the researchers added.“As children grow older, small differences in age equalize and dissipate over time, but behaviorally speaking, the difference between a 6-year-old and a 7-year-old could be quite pronounced,” said study senior author Anupam Jena, the Ruth L. Newhouse Associate Professor of Health Care Policy at Harvard Medical School and an internal medicine physician at Massachusetts General Hospital. “A normal behavior may appear anomalous relative to the child’s peer group.”Using the records of a large insurance database, the investigators compared the difference in ADHD diagnosis by birth month — August versus September — among more than 407,000 elementary school children born between 2007 and 2009, who were followed until the end of 2015.In states that use Sept. 1 as a cutoff date for school enrollment, children born in August had a 30 percent greater chance of an ADHD diagnosis than children born in September, the analysis showed. No such differences were observed between children born in August and September in states with cutoff dates other than Sept. 1.For example, 85 of 10,000 students born in August were either diagnosed with or treated for ADHD, compared with 64 students of 10,000 born in September. When investigators looked at ADHD treatment only, the difference was also large — 53 of 10,000 students born in August received ADHD medication, compared with 40 of 10,000 for those born in September.Jena pointed to a similar phenomenon described in Malcolm Gladwell’s book “Outliers.” Canadian professional hockey players are much more likely to have been born early in the year, according to research cited in Gladwell’s book. Canadian youth hockey leagues use Jan. 1 as a cutoff date for age groups. In the formative early years of youth hockey, players born in the first few months of the year were older and more mature, and therefore likelier to be tracked into elite leagues, with better coaching, more time on the ice, and a more talented cohort of teammates. Over the years this cumulative advantage gave the relatively older players an edge over their younger competitors.Similarly, Jena noted, a 2017 working paper from the National Bureau of Economic Research suggested that children born just after the cutoff date for starting school tended to have better long-term educational performance than their relatively younger peers born later in the year.“In all of those scenarios, timing and age appear to be potent influencers of outcome,” Jena said.Research has shown wide variations in ADHD diagnosis and treatment across different regions in the U.S. ADHD diagnosis and treatment rates have also climbed dramatically over the last 20 years. In 2016 alone, more than 5 percent of all children in the U.S. were taking medication for ADHD, the authors noted. All of these factors have fueled concerns about ADHD overdiagnosis and overtreatment.The reasons for the rise in ADHD incidence are complex and multifactorial, Jena said. Arbitrary cutoff dates are likely just one of many variables driving this phenomenon, he added. In recent years, many states have adopted measures that hold schools accountable for identifying ADHD and give educators incentives to refer any child with symptoms suggesting ADHD for medical evaluation.“The diagnosis of this condition is not just related to the symptoms, it’s related to the context,” Jena said. “The relative age of the kids in class, laws and regulations, and other circumstances all come together.”It is important to look at all of these factors before making a diagnosis and prescribing treatment, Jena said.“A child’s age relative to his or her peers in the same grade should be taken into consideration and the reasons for referral carefully examined.”Additional co-authors include researchers from the Department of Health Care Policy, the National Bureau of Economic Research and the Department of Health Policy and Management, and Harvard T.H. Chan School of Public Health.This research was supported by the National Institutes of Health Office of the Director under grant 1DP5OD017897.last_img read more

Ten Years Have Passed Since the Death of the Painter ‎Guayasamín, a Symbol of Ecuador

first_imgBy Dialogo March 10, 2009 Quito, Mar 9 (EFE) – Tomorrow the Tree of Life, in whose roots rest the ashes of the artist ‎Oswaldo Guayasamín, a symbol of Ecuador, will receive an emotional visit from the family of the ‎artist on the tenth anniversary of his death.‎ In the gardens of the cultural complex of la Capilla del Hombre, the artist’s architectural work in ‎honor of pre-Colombian America, stands the tree under which rest the ashes of the Ecuadorian ‎painter of faces and hands, who died on March 10, 1999.‎ Ten years later his work is “even more contemporary, because we are permanently searching for ‎reflection and a new culture of peace, and his paintings are a desperate call for the end of ‎humankind’s mutual aggression,” his son Pablo Guayasamín explained to Efe.‎ The Executive Director of the Guayasamín Foundation and one of the artist’s 10 children, Pablo ‎Guayasamín holds up as an example of the artist’s topicality the “Mestizaje,” a painting that ‎represents a young woman “with great strength and spirit, a mixture of the Spanish and the ‎indigenous Indian races.”‎ According to the artist’s son, from this woman “a new society is born” representing “the ‎resurrection of a new race that is more humanitarian and has a better comprehension of its time ‎that has values different from the ones we have and that is much less confrontational; instead, ‎better understanding and respecting the thoughts of one another.”‎ The Ecuadorian master, who used to say that he had 3,000 years of life experience, sadness, ‎and happiness from his indigenous people, found in the denouncement of injustice, poverty, and ‎disparity the sparks of his creations.‎ For that reason, and because he considered transcending the historical moment in which he lived ‎when dealing with eternal issues of human nature, his paintings, with energetic features and ‎occasionally abstractions reminiscent of Picasso, even today conquer perceptions and win new ‎admirers.‎ ‎“There is a large new audience that expands as the work becomes universal” because “it is not in ‎the same historical moment as when he created it, when it was associated with a political vision;” ‎but “is now extended to all people who advocate and respect human rights,” Pablo Guayasamín ‎stated.‎ For the creator, painting is not a labor, “painting is something different, it is like making love, it is ‎something I long for each day,” he said when he was alive, and the same passion he dedicated to ‎art guided him in his search for a common Latin-American identity and his preoccupation with ‎social injustice.‎ Guayasamín, which in Guichua means “white bird flying,” said that the “dark and violent” 20th ‎Century forced him to fill his pictures with “great sadness,” hence the agonized faces in many of ‎his paintings: denunciation of torture and human pain.‎ The artist, then 79 years old, suffered a heart attack in 1999 in a hotel in Baltimore (United ‎States).‎ On one occasion the artist stated that he did not believe in death, that “men get diluted but go on ‎living through their descendants”, and this is what his children will celebrate tomorrow: that ‎Guayasamín remains alive in them and in his art.‎last_img read more

Top Cop Credits Public, Officers for Uniondale Murder Suspect’s Arrest

first_imgThe victim, 37-year-old German Ismael Saravia Melendez, was fatally shot in the head and back, acting-Nassau County Police Commissioner Thomas Krumpter said at a press conference at police headquarters in Mineola Wednesday. Melendez was pronounced dead by an ambulance technician 20 minutes after the shooting.Krumpter credited the two officers for their “keen” observations while racing toward the scene of the shooting.“ShotSpotter is a great tool but without the great police work by the officers involved, the keen observation, road conditions were pretty horrific…they were able to respond in a timely fashion,” said Krumpter, who was flanked by police brass and officers Butt and DiGregorio.Investigators have yet to determine a motive for the shooting, Krumpter said. But officials did say that the two men were acquaintances and had an ongoing dispute. Neither have gang ties.The shooting occurred at 9:44 p.m. Monday, police said. Authorities were alerted to the vicinity near Macon Place and Irving Place by the ShotSpotter alert, which is activated when gunshots are registered in communities where the technology is installed. Calls to 911 and the ShotSpotter alerts came in almost simultaneously, police said.Witnesses provided police with a description of the car, and the two officers were able to act on that information almost immediately.“ShotSpotter didn’t jump off the telephone pole and arrest the defendants,” Krumpter told reporters. “In this case it was the police officers who were responding to the scene; the adrenaline’s pumping, and they’re responding to a shots fired and they were paying attention to what was going on around them on Uniondale Avenue where they observed the vehicle fleeing the scene.”Krumpter defended the department’s perceived failure to adequately alert the public to a homicide, saying the primary responsibility of the department is to conduct probes without compromising investigations.Police did not release details of the fatal shooting until late Tuesday.This is the first homicide in Nassau in 2016. The first fatal shooting in Suffolk was Jan. 17 in North Bay Shore, police said. In that case, 44-year-old Marcelo Argueta Chicas’ lifeless body was discovered with a gunshot wound. The shooting, which also registered on ShotSpotter, remains unsolved.Deras will be arraigned Wednesday at First District Court in Hempstead. Sign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York Nassau County police arrested an alleged murder suspect in Uniondale just minutes after he fled the scene of the slaying Monday, police said.Acting on a ShotSpotter notification alerting them to the scene and 911 calls from witnesses, two officers spotted the vehicle fleeing south on Uniondale Avenue and apprehended 35-year-old Joel Arquimides Ayala Deras of Westbury, police said. He was charged with second-degree murder.The two First Precinct officers—Christopher DiGregorio and Gary Butt—also discovered shotgun casings and a .44-caliber handgun on the floor of the car. A subsequent search turned up a shotgun that police believe was used in the slaying, along with a .380-caliber handgun.last_img read more

Rare riverfront retreat among Brisbane stunners up for auction

first_img29 Laidlaw Parade, East Brisbane Qld 4169A RARE absolute riverfront home just 3km from the Brisbane CBD is among homes set to go under the hammer this weekend.The five bedroom, three bathroom home at 29 Laidlaw Parade in East Brisbane has been scheduled to sell at a 2pm auction on Saturday. The home has multiple living zones.The views are jawdropping from multiple rooms, with the main living area designed with floor to ceiling glass to take full advantage of that.There was also lots of private space for all members of the family.“There is wonderful separation between the bedrooms with the lower level ideal for teenage children with its own lounge area and kitchenette leading out to a large riverfront terrace and expansive lawn.”Among its features were a riverfront pontoon, multiple living and entertaining spaces, water tank and security and a double car lock up garage plus storage. FOLLOW SOPHIE FOSTER ON FACEBOOK FREE: GET THE COURIER-MAIL’S REAL ESTATE NEWS DIRECT TO INBOX It makes good use of floor to ceiling glass to soak up the views.More from newsParks and wildlife the new lust-haves post coronavirus23 hours agoNoosa’s best beachfront penthouse is about to hit the market23 hours agoAccording to agent Dean Yesberg of Ray White Brisbane CBD marketed the property as being in an “irreplaceable position” on an “exclusive street synonymous with riverfront living”.“This modern three level family home sits on a 597m2 riverfront block with a wide 15.7m river frontage,” was how he listed it. BUILDER’S DREAM HOME ON SALE LIST FIVE WAY TO PUT YOUR EQUITY TO WORK The home is spread over three levels.center_img It has been meticulously looked after. Not a bad spot at all to watch the world go by.last_img read more

Parramatta Park, Cairns North homes likened to booming inner-city Brisbane

first_imgReal estate agent Cheyenne Morrison believes that Cairns’ inner suburbs will see a surge in prices for Queenslander style residences, like this one he sold on Archie Street in Parramatta Park. PICTURE: BRENDAN RADKEA CAIRNS real estate agent has drawn striking parallels to property in the Far North’s biggest metropolitan centre and that of Brisbane’s most affluent suburbs.LJ Hooker Cairns South sales representative Cheyenne Morrison said Spring Hill, Red Hill, Kelvin Grove, Ashgrove and West End in Brisbane have experienced phenomenal price increases over the past five years.“Even small homes on tiny plots of land are fetching great prices because buyers are attracted to proximity to the city and the cafe lifestyle of these inner-city suburbs,” he said.“Prior to this resurgence the suburbs were not seen as desirable as the houses were mostly Queenslanders, which were seen as requiring too much upkeep. “Now the trend in decorator magazines and among architects is to renovate and modernise these homes, and that style of home is seen as highly desirable. “Kelvin Grove most closely approximates what can be expected to happen in Cairns. “Most of the homes in the suburb are renovated post-war workers’ cottages and Queenslander-style homes. “Hip younger buyers are particularly attracted to Kelvin Grove’s inner-city cafe lifestyle, with its trendy shops, restaurants and cafes.”Mr Morrison said like Kelvin Grove, the majority of blocks in Parramatta Park and Cairns North were 405sq m with 10m frontages.“Because of the size of the block, the houses are invariably two-bedroom, one-bathroom properties which occasionally have an enclosed veranda or sunroom which can function as extra accommodation,” he said. “There are some blocks between 405sq m to 600sq m, but most of these still have two bedroom homes. Just 119 properties in the area are more than 800sq m, which have larger three to four- bedroom homes – roughly 10 per cent of the total houses in the suburbs. More from newsCairns home ticks popular internet search terms3 days agoTen auction results from ‘active’ weekend in Cairns3 days agoBigger homes on larger blocks, which have been raised, renovated and built in underneath usually sold for a premium.“Over recent weeks we have seen increasing interest from southern investors looking for properties close to the Cairns CBD,” Mr Morrison said. “An investors group from Melbourne called me looking to buy several investment properties, particularly in Parramatta Park and Cairns North. “This is a good indicator that there will be increased activity in the market. Having sold 8 Archie St recently, I have cash buyers looking for other houses in the area to purchase.”The best streets in Parramatta Park are Archie, Clare, Denbeigh, Pembroke, and Queen -smaller; quieter streets with lots of character. In Cairns North there is: Law, Cairns, Charles, Lily, and Thomas streets. Mr Morrison said houses on those streets would increase considerably in value compared to houses on busy roads. “Street appeal goes hand-in-hand with that, and a house that has kerb appeal will sell for a lot more than an ordinary house,” he said. “I got more for 39 Grove St than its neighbour 37, which was much bigger, because 39 was so pretty from the street.“Over this year it has become harder and harder to find any property for less than $400,000. There have been properties sold under the $450,000 mark, but they sell quickly.“The great majority of properties fall into the $450,000 -$550,000 mark, with larger homes on the top end of that spectrum.”last_img read more

Recovery on horizon

first_imgREIQ regional director Damien Keyes has backed a new report that says house prices in Townsville will grow 9 per cent in the next 3 years. Picture: Evan MorganTOWNSVILLE’S property market is yet to return to the highs of the resources boom era but industry insiders are predicting more prosperous times are ahead.The latest CoreLogic figures show that the median house price has remained steady during the three months up until April 2018 at $335,000 but has still declined 1.5 per cent in the past 12 months.Unit prices have fared better, increasing by 5.9 per cent in 12 months and remaining the same in the past three months.REIQ regional director and Keyes & Co Property principal Damien Keyes said while he wasn’t predicting substantial price growth in the near future there was positive indicators the market was starting to recover.“It’s definitely improving in terms of volume of transactions and buyer activity,” Mr Keyes said.“In the last quarter of 2017 we really started to feel that buyers were starting to poke their heads out and we were getting more instances of multiple offers on properties. We’ve also seen some southern interest on the investment front.“I don’t know that we will see a massive price jump quickly but there is a solid platform for the market to improve.”More from news01:21Buyer demand explodes in Townsville’s 2019 flood-affected suburbs12 Sep 202001:21‘Giant surge’ in new home sales lifts Townsville property market10 Sep 2020Residential vacancy rates have been continuing to tighten and are sitting at 4 per cent after peaking at 7.1 per cent in September 2016.However, the REIQ has still classified the city’s rental market as weak and it won’t be considered strong until vacancy rates dip below 3 per cent.The median weeky rent for a house is $320 and $280 for a unit while gross rental yields are sitting around 5 per cent.In the commercial market, job-generating projects such as the North Queensland Stadium and Haughton Pipeline Duplication Project are helping to increase confidence. However, vacancies remain high especially in the retail and CBD office sectors.Colliers International managing director Peter Wheeler said Townsville was at the bottom of the market cycle but was predicted to edge towards recovery.“It just looks and feels like things are getting better and we’re heading in the right direction,” he said.“Major infrastructure and construction projects are the biggest drivers of the market which obviously create jobs and build confidence.“The owner-occupier market has been the most active space in the commercial and industrial sectors over the last few years where strong businesses are taking advantage of where we are in the property cycle and historically low interest rates.”last_img read more

These green homes come up roses … and heliconias, gingers too

first_imgInside the Eudlo property’s home. The flower farm at Redland Bay has a brick home as well as a granny flat.In Redland Bay, just over half an hour from the Brisbane CBD, the owners of a large 10.76ha property are throwing their 40-year-old flower business in with the sale of their home, including their two dozen igloos. Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 0:51Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:51 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD576p576p432p432p270p270pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenStarting your hunt for a dream home00:51 Brisbane puts Sydney, Melbourne in the shade “It is great to have choices and this property gives you that opportunity. Plenty of water with a dam and bore that has never run dry in 40 years.” The Eudlo property. A gardener’s dream at 319 Highlands Road, Eudlo.It has four accommodation options including a one bedroom cottage, a liveable shed, the main house with three bedrooms, and two pickers’ accommodation.“Options are endless and this is year round return — not waiting for seasonal crops. Walk in, walk out and reap rewards immediately.” Everything’s coming up gerberas too on this Yungaburra flower farm.If you’ve got a little more cash to splash then Yungaburra estate could be for you. It’s being marketed heavily by four agencies including Darren Hithersay of Malanda Real Estate who listed the horticultural seven bedroom, three bathroom, four car space property as one where you can literally “wake up and smell the roses”.The flower farm set up 37 years ago had become almost an “institution on the Atherton Tablelands”, producing not just roses but also carnations, gerberas, stocks, snap dragons and assorted filler flowers and greenery.All were “packed on site and supplied to local florists, farm retail customers and as far afield as Brisbane and Darwin” with five staff and three contractors maintaining spraying, weeding and fertilising on the farm.More from newsParks and wildlife the new lust-haves post coronavirus16 hours agoNoosa’s best beachfront penthouse is about to hit the market16 hours ago The 10.76ha Redland Bay property is on the market for $1.89 million.THESE surprisingly self sufficient Queensland green homes peddle petals to pay their mortgages, come with their own igloos and a chance to reap rewards.From just over half an hour outside the Brisbane CBD to as far north as the Atherton Tablelands these properties have been successfully making a living out of Queenslanders’ love of cut flowers.Prices vary from as much as $2.25m for a sprawling 17.8ha estate in Yungaburra — an hour from Cairns to $1.89m for a 10.76ha functioning flower farm in Brisbane’s Redland Bay suburb. FOLLOW SOPHIE FOSTER ON TWITTER How Kylie Jenner is cashing in A cheaper alternative was the 6.88ha estate at 319 Highlands Road, Eudlo, in the Sunshine Coast hinterland — on the market for offers over $1.5m.The eight bedroom, six bathroom property was marketed by Mike Burns and Meng Meng of Elders Palmwoods as a “flourishing business set on a fabulous rural retreat of approximately 17 acres”. The Eudlo property is on the market for offers over $1.5 million. This property at Eudlo, in the Sunshine Coast hinterland, is on the market for offers over $1.5 million. The 19.56ha property is made up of about three hectares of plantation, 14ha of improved tropical pastureland, and three hectares of scrub on the back boundary.The tropical flower farm has 21 varieties of heliconia. “Currently the heliconias and gingers are being sent to market on a weekly basis throughout the year.” The property comes with the flower business, including 24 plastic tunnel greenhouses, or igloos.The $1.89m property has a brick home, granny flat, three large sheds including one for machinery, three phase power and 24 igloos — otherwise known as plastic tunnel greenhouses.“The business is included complimentary and not represented in the value of the property. No financial statements or books will be provided.” Not a bad spot for a cuppa to look over the flower farm at Utchee Creek: On the market for $1.3m. The Utchee Creek flower farm. Broncos star sells home after finals exit The Utchee Creek property has a permanent creek.Another option is the $1.3m flower farm in Utchee Creek about 23km from Innisfail — which also has exotic fruit 19 abiu trees, 22 lychee trees, 65 rambutans, and also dragonfruit, durian, Fiji longans, star apples, star fruit and assorted citrus. Inside the Eudlo property’s home.last_img read more