Money, Italian Proverb

Money is money's brother.

- Italian Proverb

Market Statistics & Trends : 1st Quarter 2013

http://www.thespaceplace.net/market-trends/

Market Insight
Market Statistics & Trends : 1st Quarter 2013
Below is information about the trends in San Francisco Bay Area office space rents, leasing and vacancy rates.

San Francisco

Asking Rent

.	Asking Rent Direct Space / Full Service	Asking Rent Sublet Space / Full Service
End 1Q2013	$39.00	$37.84
End 4Q2012	$38.37	$35.89
End 3Q2012	$36.88	$34.18
End 2Q2012	$36.16	$33.93
End 1Q2012	$36.63	$32.47
End 4Q2011	$32.33	$31.32
End 3Q2011	$30.83	$28.48
End 2Q2011	$30.29	$24.76
End 1Q2011	$29.46	$25.12
End 4Q2010	$28.58	$23.64
End 3Q2010	$29.78	$21.28

Renshaw Bay to provide calm in credit storm

http://www.ft.com/cms/s/0/f500c4ca-9196-11e2-b839-00144feabdc0.html#ixzz2oulR8fcu

March 29, 2013 7:43 pm
Renshaw Bay to provide calm in credit storm
By David Oakley and Patrick Jenkins

When Bill Winters, the former number two at JPMorgan Chase, found himself a slick office for his new investment venture last year, there was a seedy downside. The site in an up-and-coming street in the heart of London’s West End overlooked a brothel. The view – now obscured by frosted glass – was a colourful change of vista compared with the bland City offices he overlooked at JPMorgan’s European headquarters.

Jobless claims rise, but GDP data shows more growth

Jobless claims rise, but GDP data shows more growth

By Jason Lange
WASHINGTON | Thu Mar 28, 2013 12:43 pm EDT

(Reuters) - The number of Americans filing new claims for unemployment benefits rose last week, but not enough to suggest the labor market recovery was taking a step back.

http://www.reuters.com/article/2013/03/28/us-usa-economy-jobless-idUSBRE92R0DN20130328

Natural Gas: Time to Short or Not Just Yet?

Natural Gas: Time to Short or Not Just Yet?

Published: Thursday, 28 Mar 2013 | 9:32 PM ET
By: Drew Sandholm
Producer

Natural gas shot up 20 percent in the first quarter, its fourth straight quarterly gain, begging the question — can this hot streak continue?

http://www.cnbc.com/id/100601504

Chile: Signs of Growth Slowdown

Chile: Signs of Growth Slowdown

Nader Nazmi - Market Economics
Latam Macro Snapshot | 28 Mar 2013 13:33 |

Manufacturing output and retail sales growth decelerated in February and the unemployment rate edged up two ticks to 6.2%. February data are providing partial evidence that the slowdown in activity from unsustainable levels that the central bank has been anticipating (and hoping for) may be finally happening. As such, they reduce the likelihood that monetary tightening will be required in the months ahead to cool the economy.

U.S. High Yield Default Insight

U.S. High Yield Default Insight

The U.S. high yield par default rate continues to track closely to the 2012 year-end rate of 1.9%, At the end of February, it slipped modestly to 1.8% (mostly due to the market's larger size), and we project a similar level for the first quarter. March has added filings from gaming operator Revel AC, Inc. and phone directory publisher, Dex Media, and two missed interest payments from oil and gas company GMX Resources and healthcare concern Rotech. These add an estimated $1.5 billion to the year's default tally of $2.8 billion through February. An update of default, recovery rates and other metrics can be found by clicking on the report link below.

Fitch Ratings

Natural Gas Prices on the Rise, Challenging 'Cheap' Label

Natural Gas Prices on the Rise, Challenging 'Cheap' Label

Published: Wednesday, 27 Mar 2013 | 11:27 AM ET
By: Javier E. David, Giovanny Moreano

Those "cheap" natural gas prices everyone keeps talking about? They may not stay that way much longer.

http://www.cnbc.com/id/100597089

Fee Scorecard for High-Yield Real Estate Funds

http://www.realert.com/

Fee Scorecard for High-Yield Real Estate Funds

High-Yield Debt

Chile – FinMin Larrain proposes new cut on stamp duty.

Chile – FinMin Larrain proposes new cut on stamp duty.

Finance Minister Felipe Larrain announced yesterday that the government is currently weighting a new cut on the stamp duty (tax on loans). The FinMin said that the plan looks to cut the rate to 0.2% from 0.4%, the third reduction during Pinera’s administration (it was 1.2% when he entered office). This is done in an effort to reduce tax evasion. He expects the tax proposal to be approved in the next couple of months.

Separately, Larrain mentioned that the government is always concerned about the appreciation of the peso, and it is responding to the currency’s strength the best it can.