- Chinese Proverb
Tuesday, June 4, 2013
Eco Analysis - UK economy shaping up for a strong Q2 (H. Amourda, B. Hilliard)
Eco Analysis - UK economy shaping up for a strong Q2 (H. Amourda, B. Hilliard)
Very few data were released today. Spanish registered unemployment change declined by nearly 98.3k people ahead of the summer. In the UK, the BRC survey points to a rebound in sales in May while the construction PMI rose to 50.8 from 49.4 on the back of a strong jump in the housing component. On Wednesday, we expect the May services PMI to post some strong gains in Spain and Italy, while the divergence between the euro area and the UK should pause in May.
Very few data were released today. Spanish registered unemployment change declined by nearly 98.3k people ahead of the summer. In the UK, the BRC survey points to a rebound in sales in May while the construction PMI rose to 50.8 from 49.4 on the back of a strong jump in the housing component. On Wednesday, we expect the May services PMI to post some strong gains in Spain and Italy, while the divergence between the euro area and the UK should pause in May.
Sunday, June 2, 2013
GRI Europe Summit 2013 - Interviews - Global Real Estate Institute
Interviews
In anticipation of the GRI Europe Summit 2013, we have asked some of the participating industry leaders for their comments on the European market’s challenges and solutions.
“The more turmoil in the world, the more people will appreciate the stability and the continuity of Europe”
Samih Sawiris
CHAIRMAN & CEO
Orascom Development Holding
SWITZERLAND
“… as always, property is a local business, therefore picking specific sectors in specific locations will continue to differentiate the good investor from the average investor.”
Fergal Feeney
HEAD OF ASSET RECOVERY
IBRC
UK
http://www.globalrealestate.org/Europe2013/Interviews
In anticipation of the GRI Europe Summit 2013, we have asked some of the participating industry leaders for their comments on the European market’s challenges and solutions.
“The more turmoil in the world, the more people will appreciate the stability and the continuity of Europe”
Samih Sawiris
CHAIRMAN & CEO
Orascom Development Holding
SWITZERLAND
“… as always, property is a local business, therefore picking specific sectors in specific locations will continue to differentiate the good investor from the average investor.”
Fergal Feeney
HEAD OF ASSET RECOVERY
IBRC
UK
http://www.globalrealestate.org/Europe2013/Interviews
Friday, May 31, 2013
Dynamic Regeneration: Design Centre Chelsea Harbour
Dynamic Regeneration: Design Centre Chelsea Harbour
The Design Centre is the largest interior design retail and trade centre in Europe and forms part of the Chelsea Harbour Estate.
http://www.marcol.com/index.php?page=chelsea-harbour
The Design Centre is the largest interior design retail and trade centre in Europe and forms part of the Chelsea Harbour Estate.
http://www.marcol.com/index.php?page=chelsea-harbour
Thursday, May 30, 2013
Chile: Manufacturing is weakening, despite April bounce
Chile: Manufacturing is weakening, despite April bounce
Nader Nazmi - Market Economics
Latam Macro Snapshot | 30 May 2013 18:07 | 327 Kb
Manufacturing production expanded 3.4% y/y in April, in line with our 3.6% y/y call, and better than the consensus projection of 2.9% y/y. The main contribution to the annual gain came from increased production of processed food (+13.7% y/y). Despite the rebound, manufacturing growth in April is disappointing, especially given that this April had two more working days than April 2012.
Nader Nazmi - Market Economics
Latam Macro Snapshot | 30 May 2013 18:07 | 327 Kb
Manufacturing production expanded 3.4% y/y in April, in line with our 3.6% y/y call, and better than the consensus projection of 2.9% y/y. The main contribution to the annual gain came from increased production of processed food (+13.7% y/y). Despite the rebound, manufacturing growth in April is disappointing, especially given that this April had two more working days than April 2012.
Tuesday, May 28, 2013
German Home Boom as Europe Stagnates Set to Hurt Merkel
German Home Boom as Europe Stagnates Set to Hurt Merkel
By Dalia Fahmy
May 28, 2013
Taxi driver Michael Ruedor lived for 20 years in a downtown Berlin apartment close to Checkpoint Charlie before rising rents forced him out.
http://www.bloomberg.com/news/2013-05-27/german-housing-boom-as-europe-stagnates-may-hurt-merkel-at-poll.html
By Dalia Fahmy
May 28, 2013
Taxi driver Michael Ruedor lived for 20 years in a downtown Berlin apartment close to Checkpoint Charlie before rising rents forced him out.
http://www.bloomberg.com/news/2013-05-27/german-housing-boom-as-europe-stagnates-may-hurt-merkel-at-poll.html
New Mexico county first in nation to ban fracking to safeguard water
New Mexico county first in nation to ban fracking to safeguard water
In acting to protect their water supply, the 5,000 residents of poor, conservative Mora County make it the first in the U.S. to ban fracking -- hydraulic fracturing for oil.
http://www.latimes.com/news/local/la-me-fracking-ban-20130529,0,3018204,full.story
By Julie Cart, Los Angeles Times
May 28, 2013, 7:36 p.m.
OCATE, N.M. — Sitting in the tidy living room of the home they built themselves, Sandra and Roger Alcon inventory what they see as the bounty of their lives: freedom, family, community, land, animals … and water.
In acting to protect their water supply, the 5,000 residents of poor, conservative Mora County make it the first in the U.S. to ban fracking -- hydraulic fracturing for oil.
http://www.latimes.com/news/local/la-me-fracking-ban-20130529,0,3018204,full.story
By Julie Cart, Los Angeles Times
May 28, 2013, 7:36 p.m.
OCATE, N.M. — Sitting in the tidy living room of the home they built themselves, Sandra and Roger Alcon inventory what they see as the bounty of their lives: freedom, family, community, land, animals … and water.
Friday, May 24, 2013
Real estate debt funds still at 'embryonic' stage
Real estate debt funds still at 'embryonic' stage
Sarah Krouse
23 May 2013
Property debt funds are stepping in to replace banks as a source of lending, but real estate experts say the process is still at a very early stage of development.
http://www.efinancialnews.com/story/2013-05-23/real-estate-debt-funds-in-embryonic-stage
Sarah Krouse
23 May 2013
Property debt funds are stepping in to replace banks as a source of lending, but real estate experts say the process is still at a very early stage of development.
http://www.efinancialnews.com/story/2013-05-23/real-estate-debt-funds-in-embryonic-stage
Docklands, Victoria
Docklands, Victoria
Docklands (also known as Melbourne Docklands to differentiate it from London Docklands) is a suburb of Melbourne, Victoria, Australia, 2 km (1.2 mi) west of Melbourne's Central Business District. Its local government area is the City of Melbourne. At the 2011 Census, Docklands had a population of 5,791.
http://en.wikipedia.org/wiki/Docklands,_Victoria
Docklands (also known as Melbourne Docklands to differentiate it from London Docklands) is a suburb of Melbourne, Victoria, Australia, 2 km (1.2 mi) west of Melbourne's Central Business District. Its local government area is the City of Melbourne. At the 2011 Census, Docklands had a population of 5,791.
http://en.wikipedia.org/wiki/Docklands,_Victoria
Prime high street is retail’s best performer
Prime high street is retail’s best performer
23 May 2013
According to Savills, the total volume of retail deals recorded in its survey for Q113 is up 25% to €4.7bn compared to Q112 with UK, Germany and France capturing the most activity at 37%, 40% and 11% respectively. High street deals have increased dramatically from 14% to 20% comparing Q112 to Q113 and have seen a significant shift in prime high street retail yields which are now just 15 bps above 2007 levels at 4.8% with lowest achievable yields recorded in London (3.0%) and Munich (3.5%), and the highest in Lisbon (7.5%) and Athens (6.75%).
http://www.savills.co.uk/_news/newsitem.aspx?intSitePageId=0&intNewsSitePageId=158215-0&intNewsMonth=5&intNewsYear=2013
23 May 2013
According to Savills, the total volume of retail deals recorded in its survey for Q113 is up 25% to €4.7bn compared to Q112 with UK, Germany and France capturing the most activity at 37%, 40% and 11% respectively. High street deals have increased dramatically from 14% to 20% comparing Q112 to Q113 and have seen a significant shift in prime high street retail yields which are now just 15 bps above 2007 levels at 4.8% with lowest achievable yields recorded in London (3.0%) and Munich (3.5%), and the highest in Lisbon (7.5%) and Athens (6.75%).
http://www.savills.co.uk/_news/newsitem.aspx?intSitePageId=0&intNewsSitePageId=158215-0&intNewsMonth=5&intNewsYear=2013
Subscribe to:
Posts (Atom)