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News & Views
Fed Likely to Signal Tapering Move Is Close
Financial Times (06/18/13) Harding, Robin
The Federal Reserve Board will meet for two days and hold a press conference on June 19, with Fed Chair Ben Bernanke expected to signal that the central bank could taper its $85 billion monthly asset purchases soon, although further changes would depend on economic changes. The markets, however, seem reluctant to signal economic improvement that would prompt the Fed to scale down its third quantitative easing program, although that reluctance is tied to the erroneous assumption that the Fed would be less willing to support economic recovery. The... More
Abstract News © 2013 INFORMATION, INC.
Global Heavyweight Jones Lang LaSalle Throws Down the Gauntlet
Globe and Mail (06/17/13) Perkins, Tara
Jones Lang LaSalle (JLL) is looking to bolster its Canadian presence in a big way. The Chicago-based firm has hired more than 115 people since April 2012, and it will be adding at least an additional 170 in the coming months. That would bring its employee count past the 500 mark. While the company is already a major player in the country, it is expanding by opening new offices in Vancouver, Calgary, and Ottawa. "Canada has a strong economy, it has weathered the economic storm, and is one of the world's strongest and most stable commercial real... More
Abstract News © 2013 INFORMATION, INC.
China Builder Sees $1.6 Billion London Project Doubling in Value
Bloomberg (06/17/13) Dingmin, Zhang
ABP (China) Holdings Group, the Chinese developer that announced a 1-billion-pound London business center last month, said this week that the project would be valued at more than twice what it will cost to build. The company signed an agreement with city officials in May to transform the 35-acre site at Royal Albert Dock into the capital's third business district. "The demand is huge," declares ABP Chairman Weiping Xu. That is what prompted the firm to raise the target for the first phase of the project to as many as 100 buildings from about 60, he... More
Abstract News © 2013 INFORMATION, INC.
Axa Plans to Invest $13.3 Billion in Infrastructure Debt
Bloomberg (06/18/13) Benedetti-Valentini, Fabio
Axa SA, Europe's second-largest insurer, plans to invest 10 billion euros ($13.3 billion) in infrastructure debt over the next five years as low interest rates push European insurers to seek new investments. Axa will invest through the real-estate business of its Axa Investment Managers unit. Axa Real Estate will underwrite loans of as much as 500 million euros. "It meets our need to find long-term investments and diversify our credit portfolio in order to match the guarantees we offer clients," Axa's chief investment officer, Laurent Clamagirand,... More
Abstract News © 2013 INFORMATION, INC.
BPO Sector Drives Demand for Commercial Property in the Philippines
Channel NewsAsia (06/17/13) Ong, Christine
The Business Process Outsourcing (BPO) sector is one of the key drivers of the robust economic growth seen in the Philippines lately. The nation is aiming for a 10 percent share of the $270-billion global market by 2016. As many as 63 IT parks are being developed throughout the country to support the growth of the sector. These new technology parks will provide the infrastructure and connectivity needed to support the rapid expansion of the industry in the years to come. Industry experts predict that BPO office spaces will double by 2017, as an... More
Abstract News © 2013 INFORMATION, INC.
Financial Times (06/18/13) Harding, Robin
The Federal Reserve Board will meet for two days and hold a press conference on June 19, with Fed Chair Ben Bernanke expected to signal that the central bank could taper its $85 billion monthly asset purchases soon, although further changes would depend on economic changes. The markets, however, seem reluctant to signal economic improvement that would prompt the Fed to scale down its third quantitative easing program, although that reluctance is tied to the erroneous assumption that the Fed would be less willing to support economic recovery. The... More
Abstract News © 2013 INFORMATION, INC.
Global Heavyweight Jones Lang LaSalle Throws Down the Gauntlet
Globe and Mail (06/17/13) Perkins, Tara
Jones Lang LaSalle (JLL) is looking to bolster its Canadian presence in a big way. The Chicago-based firm has hired more than 115 people since April 2012, and it will be adding at least an additional 170 in the coming months. That would bring its employee count past the 500 mark. While the company is already a major player in the country, it is expanding by opening new offices in Vancouver, Calgary, and Ottawa. "Canada has a strong economy, it has weathered the economic storm, and is one of the world's strongest and most stable commercial real... More
Abstract News © 2013 INFORMATION, INC.
China Builder Sees $1.6 Billion London Project Doubling in Value
Bloomberg (06/17/13) Dingmin, Zhang
ABP (China) Holdings Group, the Chinese developer that announced a 1-billion-pound London business center last month, said this week that the project would be valued at more than twice what it will cost to build. The company signed an agreement with city officials in May to transform the 35-acre site at Royal Albert Dock into the capital's third business district. "The demand is huge," declares ABP Chairman Weiping Xu. That is what prompted the firm to raise the target for the first phase of the project to as many as 100 buildings from about 60, he... More
Abstract News © 2013 INFORMATION, INC.
Axa Plans to Invest $13.3 Billion in Infrastructure Debt
Bloomberg (06/18/13) Benedetti-Valentini, Fabio
Axa SA, Europe's second-largest insurer, plans to invest 10 billion euros ($13.3 billion) in infrastructure debt over the next five years as low interest rates push European insurers to seek new investments. Axa will invest through the real-estate business of its Axa Investment Managers unit. Axa Real Estate will underwrite loans of as much as 500 million euros. "It meets our need to find long-term investments and diversify our credit portfolio in order to match the guarantees we offer clients," Axa's chief investment officer, Laurent Clamagirand,... More
Abstract News © 2013 INFORMATION, INC.
BPO Sector Drives Demand for Commercial Property in the Philippines
Channel NewsAsia (06/17/13) Ong, Christine
The Business Process Outsourcing (BPO) sector is one of the key drivers of the robust economic growth seen in the Philippines lately. The nation is aiming for a 10 percent share of the $270-billion global market by 2016. As many as 63 IT parks are being developed throughout the country to support the growth of the sector. These new technology parks will provide the infrastructure and connectivity needed to support the rapid expansion of the industry in the years to come. Industry experts predict that BPO office spaces will double by 2017, as an... More
Abstract News © 2013 INFORMATION, INC.
The links at the end of each abstract are to the publisher, publication, or article. Some links may require registration or subscription. CoreNet Global and the content provider Information, Inc. are not affiliated with the referenced publications.
06/18/2013
06/17/2013
06/16/2013
Members on the Move displays multiple languages. Additional language packs may be required to view them.
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MSNBC.com: CoreNet Global outlines balanced work practices model in feature on Yahoo’s ending of telework.
- March 7, 2013
MSNBC.com: CoreNet Global outlines balanced work practices model in feature on Yahoo’s ending of telework. Combining heads-down knowledge work remotely with collaboration in the office is one of many approaches. ‘Virtual work won’t trump physical space,’ as Corporate Real Estate 2020 predicts. -
Wall Street Journal via Market Watch: CoreNet Global Survey Finds Companies Are Updating Workplace Strategies in Response to Hurricane Sandy
- February 12, 2013
Wall Street Journal via Market Watch: CoreNet Global Survey Finds Companies Are Updating Workplace Strategies in Response to Hurricane Sandy -
Did You Get Your Annual Bonus?
- February 7, 2013
Did You Get Your Annual Bonus? CEO Angela Cain featured in Globe Street.com exclusive highlighting CoreNet Global – FPL Associates’ 2012 Compensation Study results. -
American Cities Business Journals highlights CoreNet Global position paper
- January 18, 2013
American Cities Business Journals highlights CoreNet Global’s new position paper, ‘Let’s measure quality of life per square foot.’
- CoreNet Global partners with Tongji University - April 24, 2013 CoreNet Global partners with Tongji University to upscale development of strategic asset management skill sets in China. Formation of a new research and learning center for corporate real estate is one key objective of the alliance.
- CoreNet Global Announces Winners of 2013 Awards for Industry Excellence, Economic Development and Sustainable Leadership: - April 5, 2013 Judges select Fidelity, Google, Panasonic, Brick City Development Corporation and the San Francisco Center for Economic Development. Special commendations go to Louisiana Department of Economic Development, Perkins + Will’s Washington, D.C. studio, BASF North American HQ in Brigham Park, NJ, Paharpur Business Center in India, and Liberty Properties Office Building in King of Prussia, PA
- Soft Skills Take Center Stage at CoreNet Global’s Spring Forward Event, April 17-19 - April 3, 2013 NEW YORK (April 2, 2013) — More than 200 corporate real estate executives will meet April 17-19, 2013 in New York City for CoreNet Global’s Spring Forward conference on leadership development. The event will be held in East Midtown at the Convene conference center, 730 Third Avenue.
- INDIA’S YOUNG MIDDLE CLASS DRIVING ITS ECONOMIC TRANSFORMATION - March 27, 2013 INDIA’S YOUNG MIDDLE CLASS DRIVING ITS ECONOMIC TRANSFORMATION Corporate Real Estate Function Seen as Key Indicator of Increasing Business Sophistication




