German designers roll out weatherproof shelter pods

A group in Germany has come up with a novel way to provide emergency shelter to people experiencing homelessness in their city. A six-person team in Ulm has designed wood and steel “pods” that are relatively cheap to build, waterproof and windproof, the BBC reported. The shelters, called Ulmer Nests, are in their second year of trials. The team conceived of the idea in 2018 and tested out its first pods last winter. They’re designed

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Barcelona may tighten rules on short-term rentals…again

The mayor of Barcelona is proposing new restrictions on short-term rentals. Mayor Ada Colau wants to bar the rental of a room in an apartment for anything less than 30 days, according to Bloomberg. The measure will go to public review and then a vote by the city council. With nearly 1.5 million people, Barcelona is Spain’s second largest city. Colau’s proposed rule would make permanent a similar measure that has been in place since

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Mapletree Investments bets big on European office market

Singapore-based real estate asset manager Mapletree Investments is launching a European office fund. The firm aims to raise a half billion euros, or around $606 million, for the Mapletreee Europe Income Trust and looks to reach that goal by the end of March, according to DealStreetAsia. Mapletree is targeting a 12 percent return on the fund. Mapletree seeded the fund with seven of its European commercial properties, including three in the United Kingdom and three

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Snapchat co-founder and supermodel wife snag $30M Paris manse

A U.S. tech billionaire and his supermodel wife dropped $30 million on a French domicile. Snapchat CEO Evan Spiegel and Miranda Kerr’s new home sits in the heart of Paris, just near the Seine river, according to the New York Post. At over 10,000 square feet, the mansion has six bedrooms, five bathrooms, two dressing rooms, a library, music room, wine cellar and separate staff quarters. The property also comes with its own 10,000-square-foot private

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High in the sky: Europe’s tallest penthouse hits market

 The tallest penthouse in Europe has hit the market, and it’s so big the buyer may never need to leave. The three-level, 23,000-square-foot penthouse at Moscow’s Federation Tower has an asking price of $35 million, according to the New York Post. The unit stretches across the top three floors of the 97-story building at Federation Tower, which contrary to its name has two towers built on one podium. The penthouse’s most notable features are its

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For some employees, WFH now includes a view of the Mediterranean

As winter nears and coronavirus infections spike in the U.S. and parts of Europe, some workers are heading for warmer, more remote climes. Those fortunate Europeans and Americans — but not ultra wealthy — are leaving cities like Paris, London and New York for locales around the Mediterranean, according to the Wall Street Journal. Besides the weather, some destinations have the added benefit of a lower cost of living. Jennifer Babin, whose employer is based

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Scaleway launches cloud instances that cost $2.10 per month

French cloud hosting company Scaleway originally started with very cheap cloud instances. Over the years, the company has expanded its offering and added more premium services, such as managed Kubernetes, object storage, block storage, managed databases, load balancers and GPU instances. But Scaleway is now launching another cheap cloud instance that costs €0.0025 per hour […]