Fractional Ownership News
NetJets / Gulfstream Aerospace agreement
Gulfstream Aerospace Corp., a subsidiary of General Dynamics Corp., has reached an agreement worth about $1.9 billion to supply 40 Gulfstream aircraft to NetJets Inc.
Under the agreement, four Gulfstream G450s and four Gulfstream G550s will be delivered to NetJets each year from 2012 through 2016. The deal also includes a long-term maintenance support agreement, the company said.
NetJets, a Berkshire Hathaway company, is the largest operator of Gulfstream aircraft in the world with 110 of the aircraft in its fleet, according to Gulfstream.
20/06/08
Elite Destination Homes
The closest thing to owning your own home - private co-ownership.
Elite Destination Homes creates small, private partnerships to own extraordinary fractional homes in some of the world's most desirable and exclusive destinations. The Elite approach is a personal and intimate alternative to residence clubs, traditional fractional ownership, and other forms of shared "ownership."
The small size of our ownership groups, typically two to five partners, creates the intimate feeling that it really is your home. We select homes in settings that are otherwise inaccessible to shared ownership. Owning deepens the relationship with a favorite destination.
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Resort Equities
Resort Equities Italian Residence Collection
Introducing the Bella Villa Collezione (BVC). This unparalleled
shared ownership offering is a collection of 5 -10 spectacular
residences situated in sought-after locations throughout Italy.
The Bella Villa Collezione is commencing with a lavish Tuscan
farmhouse and future residences are slated for Firenze, Lake Como, Positano and Roma.
A maximum of 10 owners in each residence are entitled to at
least 4 weeks usage in properties throughout the Bella Villa Collezione. Additionally, BVC owners may participate in Resort Equities exchange program to vacation at destinations such as Maui, San Francisco and Lake Tahoe. 1/10th interests start at $450,000 USD.
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