Fractional Ownership News
NetJets posts strong Q1 performance
Billionaire Warren Buffett’s holding company reported Friday 4th May that its net income jumped 12 per cent during the first quarter because of strong performances in its insurance and utility divisions.
NetJets, Berkshire’s fractional jet ownership business, reported earning $36 million before taxes in the first quarter, which is significantly better than last year’s $19 million quarterly pretax loss.
Buffett flagged the private jet service, which will be on display at the annual meeting, in his letter to shareholders by making fun of security rules that limit the liquids allowed on commercial planes.
"Come to Omaha by bus; leave in your new plane. And take all the hair gel that you wish on board with you," Buffett enthused.
Foreign Property Ventures
Foreign Property Ventures Ltd, a UK regulated Investment Company, is delighted to offer Moditlo Eco Lodge, a unique investment opportunity situated in the heart of the acclaimed Greater Kruger National Park region, South Africa.
This 5 star Eco Lodge offers a combination of 37 prestigious two and four bedroom luxury properties along with 40 stylish lodge suites set in spectacular landscaped surroundings, with preservation and conservation a priority.
Unlike most Fractional Ownership schemes being offered in the marketplace, this unique concept offers investors Individual Title Deed shares in their own name rather than shares in a property holding company.
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The Ritz-Carlton Golf Club & Spa®, Jupiter in Jupiter, Florida
Immerse yourself in the tropical surroundings of The Ritz-Carlton Golf Club & Spa®, Jupiter in Jupiter, Florida. Just minutes north of Palm Beach, exquisite Fractional Ownership opportunities begin at USD$ 234,000 for a Mediterranean-inspired, fully furnished Club Home within this tranquil, 285-acre year-round golf club community. Membership includes exclusive Ritz-Carlton amenities:
* Jack Nicklaus Signature Golf Course
* European-style Spa and Fitness Center
* Resort Style Swimming Pool with Cascading Waterfalls
* Ritz Kids® program
* 68,000 square-foot Clubhouse
* Dedicated personal Concierge
* Member on-site storage
* Pre-arrival provisioning
* Reciprocal privileges at other Ritz-Carlton Club® destinations
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