Established Melbourne office market faces short term headwinds from Docklands and interstate departees: CBRE

Established Melbourne office market faces short term headwinds from Docklands and interstate departees: CBRE

By Alistair Walsh
Wednesday, 29 August 2012

The office market in Melbourne faces strong short term headwinds with the landmark projects in the Docklands precinct coming to market soon while major Melbourne tenants contemplate moving interstate, according to CBRE.

http://www.propertyobserver.com.au/news/established-melbourne-office-market-faces-short-term-headwinds-from-docklands-and-interstate-departees-cbre/2012082956286

LNG Sabine Pass Terminal Contract Signed

http://www.marinelink.com/

LNG Sabine Pass Terminal Contract Signed
Press ReleaseThursday, December 27, 2012

Cheniere Energy Partners' subsidiary Sabine Pass Liquefaction signs a LNG sale and purchase agreement with Total Gas & Power North America.

Commercial property investment in London hits five-year high

COMMERCIAL PROPERTY INVESTMENT IN LONDON HITS FIVE-YEAR HIGH
27 Dec, 2012, London

- Investment volumes for 2012 reach £13.57 billion - an increase of 25 per cent on 2011
- Highest level of investment since 2007
- City investment increases by more than a third

http://www.cushwake.com/cwglobal/jsp/newsDetail.jsp?Language=EN&repId=c57000007p&Country=GB

S. Korea: Industrial Production (Nov 2012)

S. Korea: Industrial Production (Nov 2012)

Mole Hau - Market Economics
Asian Instant Insight | 28 Dec 2012 04:22 |

South Korean industrial data surprised significantly to the upside in November. The export-orientated electronics and auto sectors led the move higher as other components were broadly flat. With a fall in working days in December due to the Presidential election and Christmas holidays likely to have pushed forward production, the next release is likely to see some payback. The inventories/shipment ratio is also high and business confidence below average, suggesting overall production will remain below trend levels in the near term. We continue to expect a 25bp rate cut in January, as concerns over the health of the domestic economy outweigh evidence of improving conditions abroad.

$800 Million Loan Sought on Worldwide Plaza

$800 Million Loan Sought on Worldwide Plaza
12/21/2012

The owner of one of New York’s largest office towers is shopping for an $800 million fixed-rate loan.

http://www.cmalert.com/headlines.php?hid=160163

U.S. Oil Services & Drilling: 2013 Outlook: The Mega-Cycle Rolls On

U.S. Oil Services & Drilling: 2013 Outlook: The Mega-Cycle Rolls On

Read the full report »

The mega cycle for the oil services industry will continue in 2013, in our view, though it remains largely obscured by concerns over the "fiscal cliff" in the U.S., an unsteady recovery in China, the ongoing debt saga in Europe and depressed equity valuations globally. Despite the macro anxieties, the reason to own oil services stocks remains clear, in our view: the world is increasingly short energy, hydrocarbon prices are at attractive levels for investment and are likely to rise further, CAPEX on energy investments is growing and, as the bottleneck, the oil services companies are likely to capture the lion's share of the economic benefit of this unfolding trend. We remain bullish on the oil services, equipment and drilling companies and expect the group to significantly outperform the broader equity market over the next several years.

M.D. Anderson snags prime tract in Energy Corridor

Dec 21, 2012, 5:00am CST
M.D. Anderson snags prime tract in Energy Corridor

Shaina Zucker
Reporter-
Houston Business Journal

Alongside the bustling traffic on Interstate 10, an unscathed tract of land in the Energy Corridor has beckoned developers for more than four decades.

http://www.bizjournals.com/houston/print-edition/2012/12/21/md-anderson-snags-prime-tract-in.html

2013 U.S. High Yield Default Outlook

Fitchratings.com
2013 U.S. High Yield Default Outlook

Fitch Ratings projects that the U.S. high yield default rate will remain low in 2013. However, the rate needs to be viewed with caution as more of a lagging rather than leading indicator of credit conditions.

Asia Insights: China: Mixed signals from leading indicators

Fixed Income | Asia Ex-Japan
21 December 2012

Asia Insights: China: Mixed signals from leading indicators

· Nomura's China leading indicator fell in November, but we expect it to pickup in December (Bloomberg ticker: NMEICLI).

· Our heatmap continues to improve, with 67% of indicators positive in November, up from a revised 65% in October.

· We expect growth momentum to continue to build, and maintain our above-consensus GDP forecasts for 4Q and Q1 2013.

In Race to Recover Peak Commercial Real Estate Values, Boston on Top, Followed by Manhattan

World Property Channel

In Race to Recover Peak Commercial Real Estate Values, Boston on Top, Followed by Manhattan
Posted by Hortense Leon 11/20/12 11:00 AM EST

Commercial real estate prices in Manhattan over the 12 months ending September 30th were up 16.3%, according to Moody's/RCA Commercial Property Price Indices (CPPI). What this means is that New York has joined the exclusive club of major metropolitan areas with the greatest price gains in that period, Boston being the only other market in that category.