December 23rd, 2011 Posted by admin | Posted in News | Tags: self storage, store first
Giant, gaudy warehouses sprout up across the land – and often we can’t even remember what we’re paying to keep in them.
It’s easily done. About five years ago, when we sold our house and moved into a rented cottage, we put half our worldly goods into storage. It was only a year later, when we had bought, moved into and filled up a new house, that we remembered we still had all those other crates and boxes full of… what? We couldn’t recall.
Some books and records, probably. Old copies of Country Life. That moth-eaten rocking horse that looked antique, but wasn’t. That gopping great modernist mirror we never liked. And what about that filing cabinet we lost the key for? Was that in there?
Well, it seems we weren’t alone. Since the craze for self-storage took off about a decade ago, some 800 vast, brightly coloured warehouses with fun-sounding names have appeared around the country – as many as in the rest of Europe put together. And the strange thing is that, according to a new survey, an increasing number of us are paying to store things – about £50 a month – and not coming back to collect them.
What is this about? One explanation is that we simply have too much of everything. It was telling that some of the recent looters couldn’t explain why they had taken items they neither wanted nor needed, not least because they already had them at home. Another explanation might be the growth of TV shows such as Cash in the Attic. We are reluctant to throw things out, or take them to charity shops, in case they one day become valuable (they never do, of course).
cont.
This article was published by the Telegraph on 3rd September 2011. To read the full article click the following link:-
http://www.telegraph.co.uk/comment/columnists/nigelfarndale/8739578/How-did-Britain-become-addicted-to-self-storage.html
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December 23rd, 2011 Posted by admin | Posted in News | Tags: self storage, uk self storage investment
People are leaving their possessions in self-storage warehouses for longer than ever. But why are people paying to store stuff they rarely use?
It’s a monument to our acquisitive society – the brightly lit shed on the edge of town offering “storage solutions”.
Society has always had its hoarders. But in the 21st Century people are farming out their junk to the growing number of self-storage facilities.
It begins as a temporary solution. You load up the car with the retired pushchair, an African sculpture you never found room for, old letters, bin bags full of clothes, Betamax tapes and your cherished back issues of National Geographic.
Shortly afterwards you’re at one or other of the huge hangars offering space for your beloved objects.
This article was taken from the BBC website posted 1st September 2011 to read the full article click the link below:-
http://www.bbc.co.uk/news/magazine-14718478
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December 5th, 2011 Posted by admin | Posted in News |
Mercer data shows accounting measures of defined benefit pension schemes in the UK have fallen in November.
Pension scheme accounting deficits stood at £80bn at 30 November, representing a major deterioration from £60bn at 31 October, according to Mercer.
This represented a three per cent fall in the funding levels over the month from 89 per cent to 86 per cent, despite the sharp rally in share prices following the central bank intervention announced on 30 November.
Before the intervention funding levels hit 83 per cent earlier in the month.
Ali Tayyebi, senior partner and pension risk group leader of Mercer, said: “As well as the month-on-month fall in the accounting deficit there was considerable intra-month volatility, with funding levels falling by as much as 6 per cent at one point during the month.
“We are beginning to see the bad economic news catch up on the accounting numbers which had so far been relatively protected in the midst of the general economic turmoil.
“The relentless fall in Gilt yields, due to the eurozone debt crisis and quantitative easing the UK, is now also pushing down the real yield on high quality corporate bonds.
“If 30 November conditions are mirrored at 31 December then many companies will be seeing an increased deficit on their balance sheet at the year end.”
Full article http://www.ftadviser.com/2011/12/05/pensions/group-pensions/pension-scheme-deficits-soar-to-bn-in-november-wASpDZ87rGN7UyDORWdPxK/article.html
By Emma Ann Hughes, FT Adviser
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November 30th, 2011 Posted by admin | Posted in News |
The Telegraph 
By Saundra Satterlee
Despite ongoing world economic woes, pockets of good news are emerging out of Africa
An example comes from the property market on the tiny island of Sal in the former Portuguese colony of Cape Verde, an archipelago of 10 tropical and desert islands located mid-Atlantic between Senegal and Brazil.
To read full article goto:
http://www.telegraph.co.uk/property/expatproperty/8877312/Cape-Verde-property-market-defies-the-odds.html
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November 28th, 2011 Posted by admin | Posted in News |
Since opening in May, Tortuga Beach Resort and Spa has enjoyed spectacular reviews, and yet further enhancements are still being made. The latest is the upgrade of My Bar to become Cape Verde’s first and only champagne bar!
Stunningly stylish and indulgent, it will be renamed The Late Bar and will be the place to be at night. Its luxurious surroundings including a DJ booth and VIP area and guests can enjoy a variety of evening entertainment, with live music and dancing.
In total half a million Euros has been invested to further enhance the Resort and add even more luxury.
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November 28th, 2011 Posted by admin | Posted in News |
An oasis of tranquility and unmistakably luxurious, MELIÃ Tortuga Beach is in a class of its own on the sun-drenched Island of Sal in Cape Verde. An idyllic location, impeccable service and exquisite resort facilities make it the perfect choice for couples and families looking for an unforgettable Cape Verde holiday experience.
The Resort is the first development in Cape Verde by The Resort and is now open and fully operational.
The Resort opened the weekend of May 7th & 8th 2011 with a spectacular launch party that included special celebrity guest performances by Sophie Ellis-Bextor, DJ Danny Rampling and Britain’s Got Talent winners Diversity.
The latest photos from the Resort including the Bali Beds on the beach and around the resort. (Click the images to make larger)
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