in french, sorry...
https://www.rts.ch/info/economie/103...t-londres.html
Angel Jauregui
It makes sense for a foundation to own real estate as part of their investment portfolio but with the Hans Wilsdorf Foundation (Rolex) held so close to the vest, it’s pretty difficult to tell just what they are involved with beyond making watches. Not too many commercial property starts in NYC right now either and the cost to construct a 155,000sf building…conservatively $450-500/SF.
https://therealdeal.com/2021/08/12/r...-headquarters/
Last edited by rwsaunders; 01-08-2022 at 10:07 AM.
rw saunders
hey, how lucky can one man get.
Excerpt…
Rolex, billionaire real estate owner in Geneva and London
An RTS investigation reveals Rolex's real estate acquisitions: from the popular city of Lignon in Geneva to the most luxurious promotions in London. Investments that exceed one billion francs. Rolex maintains a culture of secrecy. The watch industry giant imposes the utmost discretion on its employees and maintains the mystery around its financial results. One thing is certain: the crown brand is making money, nearly 5 billion in annual turnover according to estimates by the Morgan Stanley and Vontobel banks. From the use of this windfall, we know the philanthropic projects of the Hans Wilsdorf Foundation, sole owner of the watchmaker, but much less the hundreds of millions invested in stone by various companies and subsidiaries of the group.
734 million in Geneva since 1994
According to a statement revealed in the TTC program, since 1994 and in Geneva alone, the Hans Wilsdorf Foundation, Rolex, its pension funds and its real estate vehicle Marconi Investment SA have acquired buildings for more than 734 million francs. This very conservative calculation only takes into account the purchase value and therefore ignores price increases and real estate developments. In total, we found more than 100 Geneva addresses, including an imposing residential bar in Onex, luxury buildings above the Eaux-Vives park or an industrial building near the Ports Francs, not to mention the head office and the group factories.
rw saunders
hey, how lucky can one man get.
Anyone looking for a classy retro look without breaking the bank should check out https://www.merkurwatch.com/
I bought this watch: i-vhtFpZx-M.jpg
https://www.merkurwatch.com/Vintage-...-p1733453.html
When I got the watch, it was on the beige canvas strap so I swapped that for a black strap:
i-Xv6w924-M.jpeg
It came with a bracelet but I haven't gotten around to trying that out; I prefer straps for most of my watches.
The quality is very nice. It's a mechanical movement; very solid feel when winding it. There's no bezel, just the crystal. That, and the cross design on the dial give it a 70's flair. The red tip of the second hand is a subtle bit of flash.
The polishing on the case is good; the watch compares very favorably to my automatic Timex's and my mechanical San Martin.
I have been wearing it to work; can't beat it for $70. No trouble with shipping, transaction was smooth and secure.
https://www.mrwatchmaster.com/only-k...-be-auctioned/
I always find these FP Journe watches to be just exquisite.
I don't know about you guys and how much you have set aside for your watch budget, but in my case I think price would be the primary barrier (then, maybe the $29 shipping fee).
journe image.jpg
True, but for me I try to keep watches closer to the "practical" end of things, as opposed to the Richard Mille end. That doesn't mean that I only wear $15 Casios (although I do have one that I use for true "beater" applications, like yard or automotive work) but it also means that beyond a certain price point I tend to lose interest.
Needed a countdown timer yesterday.
Dustin Gaddis
www.MiddleGaEpic.com
Why do people feel the need to list all of their bikes in their signature?
1952 Longines Automatic.jpg
1952 Longines Automatic that I just had serviced - received a new crocodile (of course) band for Christmas
Not sure why the pic rotated but it did....
Enjoy the day
I had been wanting a bronze watch for a while so when these went on sale at 20% off around Christmas time I couldn't resist any longer. It should be interesting to watch the patina form.
Eat one live toad first thing in the morning and nothing worse will happen to you all day.
That's nice. My Christopher Ward is right up there as one of the most accurate automatics i own, right out of the box.
If you've ever wondered how a quartz watch works . . .
Dustin Gaddis
www.MiddleGaEpic.com
Why do people feel the need to list all of their bikes in their signature?
https://www.rgmwatches.com/new-produ...T16%3A11%3A38Z
RGM’s new deployant looks lovely. I’ve got a thing for deployants and nice aftermarket options are slim.
Also still have a thing for RGM’s North Pointer GMT and wish someone would sell their Mr Sachs version.
Last edited by dashDustin; 02-04-2022 at 12:25 PM.
-Dustin
Andy Warhol had one too…
https://www.cnn.com/style/article/pa...ure/index.html
rw saunders
hey, how lucky can one man get.
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