Starbucks Sales Exceed Expectations
Starbucks Corp’s third fiscal quarter sales in the Americas region grew by six percent with a seven percent rise in the US market. The company’s revenue grew by 11 percent to $4.15 billion,
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Greece 2014 – Real Estate Market
According to Eurobank Property Services S.A. (citing data from Bank of Greece), residential real estate prices in Greece have declined by 35 percent from their Many pharmacies over internet offer cheap online forzest at very affordable prices which a common … Continue reading →
2001 Penn NW
Carr Properties has purchased 2001 Pennsylvania NW (James Monroe Building) in Washington for $107.75 million ($700/sf) according to CoStar. Property Group Partners (PGP) acquired the 154,248sf Class This drug is very much beneficial for the patients and this is the … Continue reading →
June 2014 Economic Data
Retail sales increased by 0.2 percent in June after a 0.5 percent increase in May, according to Bloomberg Businessweek. Employers added 288,000 jobs last month, bringing the average monthly advance so far this year to ~231,000. If this advance rate … Continue reading →
Crumbs Files for Chapter 11 Bankruptcy Protection
Crumbs Bake Shop Inc. filed for Chapter 11 bankruptcy protection on Friday with plans to sell itself to an investor group that includes CNBC host Marcus Lemonis and Fischer Enterprises (owner of Dippin’ Dots). Crumbs, which started in New York … Continue reading →
Starwood to Acquire Seven Malls from Taubman
Taubman Centers, Inc. will sell seven shopping centers to Starwood Capital Group and its retail division, Starwood Retail Partners, for $1.4 billion. Starwood will pay $785 million in cash and assume $620 million in debt obligations. The sale is expected … Continue reading →
Aggressive Price Appreciation in UAE Housing Market
Last year, home prices Dubai and Abu Dhabi increased by 24 percent and 21 percent respectively – among the highest rates of increase in the world. Average rental yields in Dubai and Abu Dhabi are below the historical averages by … Continue reading →
China’s Property Sector
Real estate transactions and construction accounted for 12.7 percent of China’s gross domestic product and 15.1 percent of its GDP growth last year, according to The Wall Street Journal (quoting According to surrey, 90% viagra cialis levitra of men have … Continue reading →
Marathon Petroleum to Acquire Hess Retail Arm
The Hess Corporation will sell its retail arm to Marathon Petroleum (MPC) for $2.6 billion as it focuses on exploration and drilling, according to The New York Times. Hess Corporation’s retail arm has been the biggest operator of convenience stores … Continue reading →
12 Rising Cities
Hong Kong, London, Moscow, Singapore and New York account for 40 percent ($2.2 trillion), of all global UHNWI (ultra-high-net-worth-individuals) real estate holdings, according to Savills. Hong Kong tops the list with $798bn followed by London ($676bn). As real estate prices … Continue reading →