"There is no better time to be in the Philippines than now, " says Robbie Antonio, managing director of Century Properties, a Manila real estate firm whose array of luxury construction projects includes Trump Tower, Makati City.
The Trumps have been building since the mid-1980s luxury real-estate projects in South Florida, such as the Luxuria, a condo building in Boca Raton.
Randall added that the name Trump remains synonymous with class, sophistication and wealth in the developing world, where the real estate magnate makes tens of millions of dollars annually putting his name on buildings (recent projects include luxury condos in Manila and Istanbul).
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He has planned for years to forge Baccarat into a chain of luxury boutique hotels, but several early projects ran aground, such as one in Hawaii that didn't generate enough condominium sales and another in Anguilla that ran short of financing.
Also, there were two or three competing projects, which I guess I have the luxury of calling ridiculous.
Bigger operators don't have the luxury of halting production: Many of the newer oil sands projects are not the typical open strip mines, rather they inject steam into the ground to slowly melt the bitumen out of the sands.
Rich and poor already live in close proximity to each other in New York's densely populated neighborhoods, with luxury buildings rapidly rising next door or down the street from the red brick towers of the projects.
In New York City, where the company has finished seven projects since 2003, Toll has nearly completed construction on the Touraine, a 22-unit luxury condominium building.
Since its founding in 2000 with backing from Swiss-based luxury good holding company Richemont, London-based Laureus Sport for Good Foundation has raised funds to support projects that improve the educational and athletic development of children around the world.
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