Posts tagged NAI Global
2011 Outlook is for Slower but Continued Growth
The Canadian economy, led by exports and a strong commodity cycle, performed well through 2010. Anchored by a stable banking sector, the Canadian economy out-performed most other economies in the developed world. GDP growth is expected to be 3% for 2010. But the overall economy faces headwinds going forward. In particular, a weak U.S. dollar has driven the Canadian dollar towards parity, slowing our trade with our largest trading partner. And an already slow recovery in the U.S. will keep a lid on Canadian growth prospects for 2011. The result is a slower growth of GDP, now forecast at 2.3% for 2011. More >
The Russian Real Estate market suffers from a solid reputation of being one of the least transparent and one of the most corrupt major markets in the world. This is even more remarkable if compared with the three other BRIC economies, which enjoy a much better image from overseas investors. More >
NAI Global has enhanced its coverage in Colorado with the signing of Shames Makovsky Realty Company in Denver. The firm will now operate as NAI Shames Makovsky.
Wanna talk Flash storage vs hard disk? The future price of technology vs pricing today? Windows 7 (or is it 8 coming soon as usual) vs Lion? Microsoft vs Apple… again? Or will the Cloud put them both out of business? More >
Two of Germany’s open end funds platforms, Aberdeen’s DEGI Europe and Morgan Stanley’s P2-Value, have decided after a two year closing period that they will close the funds and sell all of their buildings.
Most of the investors that have put money into those funds are institutional investors, large funds of funds, and are now under pressure from their investors to pay the money back. Because most of the money is in real estate assets and there is not that much liquidity left in the funds to repay the investors, management has decided to close the funds, collecting fresh money from new investors or selling some buildings to meet the request from investors who want to get out. More >