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  • Archive for February 20th, 2014

    Feb 20

    CRE LEADER INMAN REAPPOINTED BY GOVERNOR

    Posted by Crystal Whitfield | No Comments

    Fran Inman from Majestic Realty, has been re-appointed to the California Transportation Commission by Governor Jerry Brown.  Fran has been an excellent resource to the Commission and has taken her duties seriously, as evidenced by the fact that she has not missed a single meeting since her original appointment.

     

    A recognized expert on transportation issues as they relate to business, Fran keenly understands the impact and importance of goods movement to California’s economy.  She has been tireless and dedicated on behalf of our industry taking many opportunities to come to Sacramento to advocate on public policy issues; and she has played a key role in making sure that regional interests in Southern California are considered while assuring that whatever policy is being crafted makes sense for the whole state.

    Feb 20

    GLOBAL PROPERTY INVESTMENT SURGED 18 PERCENT IN 2013

    Posted by Crystal Whitfield | No Comments

    Our friends at ICSC bring us this story:  An improving global economy and greater liquidity pushed fourth-quarter commercial real estate investment worldwide to $183 billion and full-year volume up 18 percent year on year, to $549 billion, according to Jones Lang LaSalle. The real estate markets have maintained their momentum over the past 12 months, says Arthur de Haast, who heads Jones Lang LaSalle’s international capital group. Fourth-quarter volume exceeded a strong third quarter by 31 percent and rose against the year-ago fourth quarter by 13 percent.

     

    “The global real estate capital markets continue to improve on the back of more-optimistic global economic forecasts and investor sentiment,” de Haast said in a press release. “Real estate is certainly benefiting from the desire of investors to hold hard income-producing assets alongside, and in some instances in preference to, more-liquid investment opportunities.” The Asia-Pacific region showed the largest year-on-year regional growth, at 26 percent, meaning volumes are back to the record peak levels of 2007 at $124 billion, Jones Lang LaSalle reports. The Americas region has seen continued improvement in market conditions and confidence, despite economic and political challenges. Full-year volumes in the region reached $240 billion, up 18 percent, while fourth-quarter volumes rose 17 percent to $87 billion. Europe is seeing some of the best results since 2007, with 14 percent growth overall in dollar terms and full-year volume of $184 billion. The U.K. and Germany are up 19 percent and 17 percent, respectively. Meanwhile, de Haast says, there has been much greater activity throughout the smaller European investment markets and also across the real estate sectors.

    Feb 20

    CYBER THREATS REQUIRE COLLABORATION NOT CONFRONTATION

    Posted by Crystal Whitfield | No Comments

    Sandy Kennedy, president of the Retail Industry Leaders Association (RILA), addresses cybersecurity issues in this week’s Roll Call Magazine.  “As retailers, every day we seek to provide customers the goods and services they want at the best value. But retailers also know that consumers demand more than just a good deal, they expect to be treated fairly and honestly. Consumers also expect that their purchases are made in an environment where personal information is secure.”  Click here for the full story.

    Feb 20

    THE CALIFORNIA DROUGHT AS SEEN FROM SPACE

    Posted by Crystal Whitfield | No Comments

    If you have any trouble conceptualizing how bad California’s water woes are, click here to see a stark visualization.  We are in for a tough year.   We hope that all parties can come together and move forward a water bond that addresses the much needed storage capacity this state needs to capture water in times when the rain is more plentiful.

    Feb 20

    PRESIDENT VISITS CA TO DISCUSS DROUGHT

    Posted by Crystal Whitfield | No Comments

    President Obama visited California today to talk about what is now being called the worst drought in our state’s history. With him he brought promises of $170 million in new initiatives to deal with the crisis. The package will reportedly include money to aid ranchers and farmers as well as money directed to food banks. Additionally the President stated that his budget will include a $1B for a “climate resilience fund” to combat climate change. Click here for more information.