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Inside Adele’s new home with Rich Paul as she moves into $58M mega mansion

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Adele has confirmed she’s moved in with boyfriend Rich Paul after a year of dating as she shared a snap of them outside their new home.

The singer, 34, took to Instagram on Wednesday and shared a series of loved-up snaps of the couple, including one where they both held up the keys to their abode.

In January it was claimed the vocal powerhouse was splashing out ‘$58million’ on a fourth property – Sylvester Stallone’s Beverly Hills mega mansion which sat on the market for the better part of the year. And now the home has revealed to be a new love nest for the singer and her boyfriend. 

 

Next step: Adele has confirmed she and her boyfriend Rich Paul have moved in together as she shared a snap of them outside their new home on Instagram on Wednesday

Next step: Adele has confirmed she and her boyfriend Rich Paul have moved in together as she shared a snap of them outside their new home on Instagram on Wednesday 

Adele already owned three homes in a star-studded neighbourhood of Beverly Hills before adding Stallone’s former abode to her property portfolio in January.

The 18,587 square-foot home was designed by Richard Landry and boasts eight-bedroom and 12-bathrooms.

Stallone had been working hard to sell the mega mansion that he purchased in the ’90s, and initially listed the beautiful home for $110million, but there were no takers. In May, he cut the price down to $85million.

Mega mansion: In January it was claimed the vocal powerhouse was splashing out '$58million' on a fourth property - Sylvester Stallone's Beverly Hills mega mansion which sat on the market for the better part of the year

Mega mansion: In January it was claimed the vocal powerhouse was splashing out ‘$58million’ on a fourth property – Sylvester Stallone’s Beverly Hills mega mansion which sat on the market for the better part of the year

The 75-year-old Hollywood icon, who has moved with his family to Florida, relisted the property for $85million in August, and dropped the price down to $80million in October.

Stallone first used agency Hilton & Hyland with the agents being Paris Hilton’s dad Rick along with his son Barron Hilton II and his son’s wife Tessa. Rick’s business partner Jeff Hyland was also listed. But he later changed agents to Tomer and Isidora Fridman, Kurt Rappaport and Jade Mills.

The property has a total of eight bedrooms on a whopping 3.5 acres, and is located in the same neighborhood where Lisa Vanderpump and Rod Stewart used to reside.

No doubt the home will serve as an oasis to those seeking privacy from the hustle and bustle of Tinseltown as it is at the end of a cul de sac up a long private driveway in an exclusive enclave.

And the security is very good: ‘It’s double gated. You’re gated within the community, and then, again, when you get to the house, you’re gated,’ Mills said.

The property was designed architect Edward Granzbach and built in 1994.

Stunning: The 18,587 square-foot home was designed by Richard Landry and boasts eight-bedroom and 12-bathrooms

Stunning: The 18,587 square-foot home was designed by Richard Landry and boasts eight-bedroom and 12-bathrooms

The entire square feet of the dwelling is 21,000 but Mills says it’s not too big: ‘Even though the square footage is very large, it’s a pretty traditional floor plan. It’s a really easy house to live in.’

The main house features six bedrooms and nine bathrooms including a master suite, three spacious en-suite bedrooms, and two maids bedrooms.

The opulent master suite includes a sauna, steam room, and office with a terrace.

There is also a two-story guest house with two en-suite bedrooms and full chef’s kitchen as it was designed by Richard Landry.

The primary two-story building includes a formal living room which features views to Rodeo Drive and beyond.

As if that wasn’t already enough, amenities also include a professional movie theater and cigar room with an air-filtration system.

There is also a home gym. Mills said: ‘What would you expect Rocky’s gym to look like? It truly is Rocky’s gym, even though I’m sure the whole family uses it.’

Outside there is a massive patio with an infinity pool, spa, and even a putting green. Any gearhead would be happy to know that there is also an air-conditioned eight-car garage with an art studio.

The gated community is also home to Hollywood royalty Denzel Washington and Eddie Murphy.

Adele’s Hidden Valley Trio 

As well as her home in London, Adele also has three mansions situated within another gated community in the Hidden Valley in Los Angeles

Impressive! Adele had previously monopolised her Beverly Hills suburb by splashing the cash on three properties in another gated community

Impressive! Adele had previously monopolised her Beverly Hills suburb by splashing the cash on three properties in another gated community

 HOUSE ONE: Adele’s current home

– Purchased for $8.4million in 2016 

– Four bedrooms, six bathrooms 

HOUSE TWO: Adele’s ex-husband Simon Konecki’s home

– Purchased for $10.65million in 2019

– Five-bedrooms, six-bathrooms, 6,045 square feet and sits on nearly an acre 

HOUSE THREE: Adele’s latest purchase 

– Purchased for $10million in 2021

–  Four-bedroom, four-bathroom, with pool and basketball court

Adele’s first two properties were purchased under the names The Gatefield Trust and Todd Gelfand, a partner at Adele’s business management company Gelfand, Rennert & Feldman.

She bought the third property from Nicole Richie and her musician husband Joel Madden, with the house sitting next door to both her current home and the house she purchased from ex-husband Simon Konecki in 2019.

Selling up: Sylvester had been trying to sell the property for  a year before Adele purchased the home

Selling up: Sylvester had been trying to sell the property for  a year before Adele purchased the home 

As well as sharing a snap in front of her new home, Adele shared another Instagram image on Wednesday, which appeared to be from the night of Adele’s One Night Only CBS Special, as she and Rich shared a kiss backstage at the Griffith Observatory.

Adele also shared more personal snaps of the couple, including one where she posed behind the counter of a McDonald’s in a blue shirt and cap with Rich waiting to give his order.

In another shot, the pair appeared in good spirits as they sported matching grey T-shirts while watching a game. Adele also wore a black cap while her locks were styled into a ponytail.

In the final picture she shared, the star held a fortune from a cookie reading: ‘You have found good company – enjoy’. 

Adele is also rumored to be engaged to Klutch Sports Group founder Rich, even expressing her desire to have a child with him next year.

Speaking on The Graham Norton Show in February Adele said she was keen to have her first child with Rich.

She said: ‘I would like to have more children – I only just feel like I’ve caught up with my sleep from nine years ago when I had my son.’ [with ex-husband Simon Konecki].’ 

Smooch: In one snap, which appeared to be from the night of Adele's One Night Only CBS Special, she and Rich shared a kiss backstage at the Griffith Observatory

Smooch: In one snap, which appeared to be from the night of Adele’s One Night Only CBS Special, she and Rich shared a kiss backstage at the Griffith Observatory

During a past interview with Rolling Stone, Adele described her relationship with Rich as being the most ‘incredible, openhearted, and easiest’ one she’s ever been in. 

While they have only been seeing each other since last summer, the pair actually met for the first time at a friend’s birthday party several years before. 

They would later reconnect in June 2021, with Adele saying: ‘I didn’t really tell many of my friends at the beginning because I wanted to keep it to myself.

They put their love on display when they attended the NBA Finals as a couple in July, and again at LeBron James’ wife’s birthday party in August.

Adele went Instagram official with their romance in a post on September 19, which she captioned with a red heart emoji.

Of their reconnection years after their first meeting, Adele said ‘Rich just incredibly arrived,’ and that their union has since had a positive impact on her well-being.

Speaking to Vogue, she explained: ‘I don’t feel anxious or nervous or frazzled. It’s quite the opposite. It’s wild.’

Loved-up: In another shot, the pair appeared in good spirits as they sported matching grey T-shirts while watching a game

Loved-up: In another shot, the pair appeared in good spirits as they sported matching grey T-shirts while watching a game

Adele shared her first Instagram post in almost two months to mark her 34th birthday earlier this month as she posed for a fresh-faced photo and spoke about her ‘healing year.’

Dressed in a custom Carolina Herrera dress and dancing around a garden, Adele told her 49.8m followers that she has ‘never been happier’.

Adele beamed for the camera as she reflected on a life-changing year, which in January saw the star postpone her Las Vegas residency at the last minute, to the anger of fans.

Heartwarming: Adele also shared more personal snaps, including one where she posed behind the counter of a McDonald's in a blue shirt and cap with Rich waiting to give his order

Heartwarming: Adele also shared more personal snaps, including one where she posed behind the counter of a McDonald’s in a blue shirt and cap with Rich waiting to give his order

Romance: In the final picture she shared, the star held a fortune from a cookie reading: 'You have found good company - enjoy'

Romance: In the final picture she shared, the star held a fortune from a cookie reading: ‘You have found good company – enjoy’

‘What a difference a year makes! If time keeps healing and smoothing out all the creases in my life like it does as the years fly by, then I can’t wait to be 60!’ she wrote in her caption.

‘I’ve never been happier! So many lessons, so many blessings to be grateful for. This is 34, and I love it here! Thank you for the birthday love as always x’.

Adele treated herself to a custom Carolina Herrera dress for her big day.

The London-born torch singer’s leggy LBD was a mix between the 83-year-old designer’s $4,990 ’embroidered strapless mini-dress with train’ and her $2,990 ‘bubble sleeve floral dot mini dress.’

Many happy returns: Adele shared a stunning, fresh-faced photos as she celebrated her 34th birthday on Friday and told fans about her 'healing' year

Many happy returns: Adele shared a stunning, fresh-faced photos as she celebrated her 34th birthday on Friday and told fans about her ‘healing’ year

Happiness: Dressed in a custom Carolina Herrera dress and dancing around a garden, Adele told her 49.8m followers that she has 'never been happier'

Happiness: Dressed in a custom Carolina Herrera dress and dancing around a garden, Adele told her 49.8m followers that she has ‘never been happier’

Adele marveled: 'What a difference a year makes! If time keeps healing and smoothing out all the creases in my life like it does as the years fly by, then I can't wait to be 60!'

Adele marveled: ‘What a difference a year makes! If time keeps healing and smoothing out all the creases in my life like it does as the years fly by, then I can’t wait to be 60!’

The Oh My God songstress later donned matching striped pajamas with her inner circle – stylist Jamie Mizrahi, photographer Raven B. Varona, travel author Jedidiah Jenkins, and Crown + Conquer founder April McDaniel.

‘We’re all gonna watch Sleeping with the Enemy,’ Adele (last name Adkins) said of Joseph Ruben’s 1991 thriller. ‘I think I’m entering my Julia Roberts era?’

The group appeared to be staying at a luxurious condo together where they enjoyed a swimming pool and lime-squeezed cocktails.

'34 is a revelation!' The Oh My God songstress later donned matching striped pajamas with her inner circle (from L-R) - stylist Jamie Mizrahi, photographer Raven B. Varona, travel author Jedidiah Jenkins, and Crown + Conquer founder April McDaniel

’34 is a revelation!’ The Oh My God songstress later donned matching striped pajamas with her inner circle (from L-R) – stylist Jamie Mizrahi, photographer Raven B. Varona, travel author Jedidiah Jenkins, and Crown + Conquer founder April McDaniel

Adele (last name Adkins) said of Joseph Ruben's 1991 thriller: 'We're all gonna watch Sleeping with the Enemy. I think I'm entering my Julia Roberts era?'

Adele (last name Adkins) said of Joseph Ruben’s 1991 thriller: ‘We’re all gonna watch Sleeping with the Enemy. I think I’m entering my Julia Roberts era?’

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Tumble-down cottage in Wales is one of the most viewed properties on Zoopla

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A tumbledown cottage in Wales has become one of Britain’s most viewed properties for sale – because it is all about location, location, location.

The rundown three-bed home in a stunning seaside town near Swansea is the second top-viewed property on Zoopla.

It goes up for auction with a £300,000 guide price and auctioneers, Dawsons, expect a bidding war today and tomorrow due to its sought after location.

The cottage is in the village of Reynoldston on the Gower Peninsula which was Britain’s first area of natural outstanding beauty.  

The Gower Peninsula was designated an AONB – area of natural beauty – on May 9, 1956, and today it welcomes hundreds of thousands of visitors each year.

The Gower peninsula has been a popular tourist destination since the 1950s as it is an area of stunning natural beauty

The Gower peninsula has been a popular tourist destination since the 1950s as it is an area of stunning natural beauty

The property would need a sizable budget and a realistic vision to renovate it as it has become tired over the years

The property would need a sizable budget and a realistic vision to renovate it as it has become tired over the years

The special status has saved the Gower from being overdeveloped while preserving it as a stunning location for generations of visitors and holidaymakers to enjoy.

With easy access to some of Wales’ most stunning beaches and coastline, the house is nestled within the heart of the beloved peninsula which stretches out into the sea.

The village facilities include a Post Office, St.George’s church as well as the King Arthur Hotel.

All of which are just around the corner from the cottage which is also within walking distance of award-winning beaches for plenty of peaceful walks.

Sian Musgrave, head warden, told Wales Online that without the AONB status, development would have been inevitable with more caravan parks and hotels, she said: ‘What is unique about this landscape is that it has been preserved,’ she said.

‘There is a sense that we are all working together to hold onto something very special.’

The house is going to auction with a guide price of £300,000 and is property website Zoopla’s second most-viewed online property across the UK for all of April.

The lone large bathroom of the three bed property is up to date and usable for new owners but may want to revamp it

The lone large bathroom of the three bed property is up to date and usable for new owners but may want to revamp it

The one reception room in the cottage houses a fireplace, stone floor and wooden shelves as well as a sunken window

The one reception room in the cottage houses a fireplace, stone floor and wooden shelves as well as a sunken window

Estate agents Dawsons described it as an ‘opportunity to purchase a delightful detached cottage, situated in a quiet country village of Reynoldston nestled in the heart of Gower.’ 

However, they added: ‘The property requires full renovations and is ideal for investment.’

According to Zoopla, the average asking price for a detached home on Gower peninsula is currently £493,369, with the average sold price overall within the last 12 months standing at £354,613.

The home is in need of a full renovation project both inside and out so the new owner will have to have a good budget and vision for the property.

There is potential to keep horses on site as the house comes with just under an acre of land  surrounding the home, plus there’s separate gated access into the field beyond the front garden, ideal for equestrian use.

The property has acres of land ideal for horses and woodland for plenty of time to enjoy the peaceful Welsh countryside

The property has acres of land ideal for horses and woodland for plenty of time to enjoy the peaceful Welsh countryside

The kitchen houses another fireplace and would need updated appliances and structural work

The kitchen houses another fireplace and would need updated appliances and structural work 

One of the three bedrooms in the house which has a crumbling roof and fatigued interior

One of the three bedrooms in the house which has a crumbling roof and fatigued interior

The floorplan of the cottage shows off the rooms over two floors with plenty of potential for new owners

The floorplan of the cottage shows off the rooms over two floors with plenty of potential for new owners

The cottage has two entrances and two floors as well as wooden furniture and staircase leading up to the bedrooms

The cottage has two entrances and two floors as well as wooden furniture and staircase leading up to the bedrooms

The kitchen measures 2.88m by 3.35m and is in need of some updates to modernise the cottage and bring it up to date

The kitchen measures 2.88m by 3.35m and is in need of some updates to modernise the cottage and bring it up to date

Through a gated entrance there is currently parking for one car at the rear but most of the garden is at the front of the cottage.

It has just over an acre of more land that comes with the house but is not adjacent to it.

This bonus land is mainly woodland and does not have vehicle access but does have pedestrian access.

For cash buyers only, the house is going to auction with Dawsons Property with a guide of £300,000.

Auction registration is now open with the bidding opening on Monday, May 16 at noon and will close on Tuesday, May 17 at noon.

Dawsons estate agents expect a bidding war over the cottage as it is in a beautiful area with a close community

Dawsons estate agents expect a bidding war over the cottage as it is in a beautiful area with a close community 

Another of the three bedrooms in the house which would need attention and modernising to give the cottage a new life

Another of the three bedrooms in the house which would need attention and modernising to give the cottage a new life

The Gower - Britain's first area of natural beauty is a sought after holiday destination so the cottage could be rented out

The Gower – Britain’s first area of natural beauty is a sought after holiday destination so the cottage could be rented out

Woodland and a parcel of land ideal for a paddock comes with the cottage which has acres of potential

Woodland and a parcel of land ideal for a paddock comes with the cottage which has acres of potential

The cottage comes with an acre of land for the new owners to enjoy the Welsh countryside and landscape how they wish

The cottage comes with an acre of land for the new owners to enjoy the Welsh countryside and landscape how they wish

The Gower became preserved after plans for a Butlin's holiday camp were rejected but tourists still flock to the seaside town

The Gower became preserved after plans for a Butlin’s holiday camp were rejected but tourists still flock to the seaside town

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Universities want Leaving Cert moved to May to ease pressure on students

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Universities want Leaving Cert exams to be shifted to May to reduce stress on students and give families more time to find accommodation when college offers are made.

Their comments follow a report in The Irish Times on Monday that Leaving Cert results and college offers may be issued later than the traditional mid-August date.

Students and colleges fear that late results could delay the start of the academic year for thousands of first-year students and results in a last-minute scramble for accommodation.

In a letter to the Minister for Education Norma Foley, the Irish Universities Association (IUA) – which represents eight universities – warned that late results would have a “hugely disruptive” effect on Leaving Cert students’ further study and career options.

Jim Miley, the IUA’s director general, said later than normal results last year resulted in first year students being admitted to third level about three weeks late.

“This meant that the orientation process for first-year students was negatively impacted due to capacity constraints, as all other student cohorts had already returned to college by that time,” he wrote.

“It also resulted in first year students facing an even greater challenge in finding accommodation in an already stressed environment.”

Planning

Mr Miley asked that date be finalised “immediately” to facilitate more orderly planning.

“Even in a ‘normal’ year, results in mid-August are too late. To achieve this, we believe that the final examinations should be brought forward by at least a month, with a similar advance in the results timetable.

The Technological Higher Education Association, which represents technological universities, also warned that delayed entry to higher education would present “quality assurance” issues in relation to a shorter semester for first years, exam pressures, and late publication of timetables for all students.

“Late induction for the first year cohort limits the opportunities for peer interaction with existing students who have returned to class and there is limited availability for academic staff to engage due to teaching commitments,” it said.

“The consequences are not only at an academic management level but for students anticipating the uptake of an offer, early planning in respect of student accommodation remains crucial. Similar consideration attaches to students contemplating a move across international boundaries.”

Education authorities recently told higher education representatives that there are logistical challenges in finalising a date for issuing this year’s results.

These include a deferred sitting of the Leaving Cert exams for Covid-19 reasons and the Government’s decision that the outcomes of this year’s Leaving Cert will on aggregate be “no lower” than last year’s.

Clarity

The Irish Second Level Students’ Union (ISSU) also called for clarity on the results date to given as soon as possible.

ISSU president Emer Neville said it was vital not just for students’ mental health, but also for accommodation deposits and those planning to attend college abroad.

“The ISSU would urge the department to give clarity to these students as soon as possible to mitigate these issues, and also to begin work with international counterparts to ensure students can continue to study abroad should there be delays,” she said.

Ms Neville said the union recognised the importance of the second sitting of exams, which were put in place for students who may fall ill or suffer a bereavement during or before their exams.

“It is vital that the second sitting of exams goes ahead and that they are respected as an important component for the 2022 state exams, they are there for fairness.”

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Ivanhoé Cambridge acquires distribution center in Hamburg (DE)

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Ivanhoé Cambridge has acquired a large logistics and distribution centre from ADF Asset Management Co, Ltd., a South Korea based asset management firm. The property had been in an ADF fund since 2015, whose LPs are large Korean institutional investors. H&M Group, single-tenant since occupancy in 2008, leased the 114,500m² property, ideally located on an approximately 150,000m² site. This H&M Group distribution centre in Hamburg Allermöhe, Rungedamm 38, supplies varied European markets of their store networks. An interdisciplinary and international team of Avison Young investment experts from Germany, the UK and Korea exclusively advised Ivanhoé Cambridge on this transaction.

 

Christian Daumann, Head of Investments Germany, Ivanhoé Cambridge, said: “With the acquisition of this logistics asset in Hamburg, we continue to reinforce our presence in Germany, one of the key markets for our growth in Europe. We are delighted to have worked on this transaction with the experienced team of Avison Young.”

 

Mehdi Patrick Riahy, Managing Director & Head of Capital Markets Germany, Avison Young, commented: “The German and in particular the Hamburg logistics investment market are highly attractive for both domestic and international investors. We are very pleased to have exclusively advised Ivanhoé Cambridge on this landmark transaction and to have had an excellent outcome for both parties.”

 

Penny Hacking, Lead European Capital Markets, Avison Young UK, said: Avison Young’s cross-border investment expertise combined with in-depth regional market knowledge has allowed us to complete this significant transaction, despite a challenging economic climate. We are proud to have advised our client on their first direct logistics acquisition into the German market, which remains highly competitive, as an increasing number of investment companies shift their focus towards the sector. Our strength in collaborating across multiple geographies to provide holistic, data-driven advice has helped secure this year’s largest single asset logistics transaction in Germany to date.”

 

CG Kang, Team Leader, Global Alternative Investment Advisory Division Capital Markets Group, Avison Young Korea, commented: We worked as one team and knowing the exact needs of the seller and buyer helped us to maneuver the deal into right direction for successful closing.”

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