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Wednesday, October 2, 2013

San Francisco Leads Office Leasing on Tech Strength

http://blogs.wsj.com/developments/2013/10/02/no-shutdown-in-sight-san-francisco-leads-office-leasing-on-tech-strength/

October 2, 2013, 7:30 AM.
San Francisco Leads Office Leasing on Tech Strength

It’s slow going in the U.S. office market.

Digital Realty And Prudential Real Estate Investors Announce $369 Million Joint Venture

http://finance.yahoo.com/news/digital-realty-prudential-real-estate-220300914.html

Digital Realty And Prudential Real Estate Investors Announce $369 Million Joint Venture

SAN FRANCISCO, Oct. 2, 2013 /PRNewswire/ -- Digital Realty Trust, Inc. (DLR), a leading global provider of data center solutions, announced today the formation of a $369 million joint venture with an investment fund managed by Prudential Real Estate Investors ("PREI"), the real estate investment management and advisory business of Prudential Financial, Inc. (PRU).

Tuesday, October 1, 2013

KNOC strikes oil in Canada

KNOC strikes oil in Canada
Monday, September 30th, 2013

http://sweetcrudereports.com/2013/09/30/knoc-strikes-oil-in-canada/

30 September 2013 News Wires - State-run Korea National Oil Corp, KNOC, said on Sunday its Canadian subsidiary found at least 5.9 million barrels of oil in a well where it began drilling earlier this month.

Money, Confucius (孔子)


He who will not economize will have to agonize.

- Confucius (孔子, 551BC–479BC)

Monday, September 30, 2013

Canada's Harvest drilling finds 5.9 mln bbls oil reserve - KNOC

Canada's Harvest drilling finds 5.9 mln bbls oil reserve - KNOC

SEOUL, Sept 29 | Sun Sep 29, 2013 5:33am EDT

(Reuters) - State-run Korea National Oil Corp (KNOC) said on Sunday its loss-making subsidiary Harvest Operations had found at least 5.9 million barrels of crude oil in a Canadian well where it began drilling earlier this month.

http://www.reuters.com/article/2013/09/29/knoc-korea-canada-idUSL4N0HP07A20130929

Friday, September 27, 2013

Commodity supercycle is ‘alive and well’: McKinsey & Co.

Commodity supercycle is ‘alive and well’: McKinsey & Co.
September 26, 2013, 12:16 PM

Recent declines in commodity prices have raised the idea that the so-called commodity supercycle is over, but not everyone believes that.

http://blogs.marketwatch.com/thetell/2013/09/26/commodity-supercycle-is-alive-and-well-mckinsey-co/

Italy: Political high-wire act

Commerzbank Corporates & Markets
Interest Rate Strategy

Italy: Political high-wire act

Italy: Political jitters stage a stunning comeback. BTPs underperformance may prevail also in the sessions ahead.

https://research.commerzbank.com

Wednesday, September 25, 2013

UPDATE 1-S.Korea's KNOC says eyeing sale of parts of Canadian unit Harvest

UPDATE 1-S.Korea's KNOC says eyeing sale of parts of Canadian unit Harvest

Tue Sep 24, 2013 4:37am EDT

* A few buyers showed interest in some assets of Harvest

* KNOC re-evaluating overseas assets including UK-based Dana

* Could sell parts of overseas assets to reinforce business

By Meeyoung Cho

SEOUL, Sept 24 (Reuters) - State-run Korea National Oil Corporation (KNOC) said it is considering selling 'non-core parts' of its loss-making Canadian energy subsidiary Harvest Operations and reviewing other overseas assets for potential sale of some of their parts.

http://www.reuters.com/article/2013/09/24/knoc-korea-harvest-idUSL4N0HK16720130924

Tuesday, September 24, 2013

Identifying a Top Tier Real Estate Investment Manager

http://wealthmanagement.com/viewpoints/identifying-top-tier-real-estate-investment-manager

Identifying a Top Tier Real Estate Investment Manager
Sep. 24, 2013 Michael Episcope

There was probably no asset class hit harder than real estate during the economic crisis of 2008 and 2009, and many investors swore never to return again. After double digit returns for 3 years in a row and counting, those investors are seriously regretting this decision.