Norwegian oil fund acquires German office building with AXA RE

first_imgNBIM said it first entered the German property market at the end of 2012 through a joint venture with AXA Real Estate, buying the two assets “Die Welle” in Frankfurt am Main and “Neues Kranzler Eck” in Berlin.The SZ Tower serves as the headquarters of the German publishing group Süddeutscher Verlag, and is fully let to the company.It has Gold LEED (Leadership in Energy and Environmental Design) for sustainable construction, AXA Real Estate said.Pierre Vaquier, chief executive of AXA Real Estate, said expanding its real estate business in Germany was a strategic priority for the company. Norway’s giant Government Pension Fund Global is investing in its third property in Germany in a joint deal with AXA Real Estate to buy a Munich office building for €164m.Norges Bank Investment Management (NBIM), which manages the NOK4.9trn (€593bn) Norwegian sovereign wealth fund, said the transaction to buy the 28-storey, 62,000sqm SZ Tower was set to complete before the end of the year.AXA Real Estate, acting on behalf of AXA France Insurance Companies, and NBIM were buying the building from publicly listed Prime Office REIT-AG, the Norwegian asset manager said.AXA Real Estate and NBIM are each buying a 50% share in the property, representing an investment of €82m.last_img read more

Get ready for cheap rent: Rental vacancy rates steady in March, but Brisbane rents tipped to fall in months ahead

first_imgBrisbane rents are tipped to fall despite ​vacancy rates remaining steady in March, according to SQM Research.STRONG rent rises in Brisbane over the first quarter of 2020 could be short-lived as the impact of COVID-19 starts to bite, putting pressure on rents if a sudden flood of rentals hits the housing market.Surprisingly, national vacancy rates held steady at 2 per cent in March, according to the latest figures from SQM Research, with Brisbane rental vacancies only slipping 0.1 per cent during the month.But the impact of a drop in housing demand, short-term rentals moving to long-term leases and renters returning to live with family because of financial concerns will likely change that in the months ahead.Before COVID-19 took hold, the cost of renting a property in the Queensland capital was on the rise, with surplus inner-city rental stock being rapidly absorbed due to strong population growth.Prior to the virus, SQM Research managing director Louis Christopher had predicted rental vacancy rates to fall below 2 per cent in Brisbane this year and for rents to pick up.But with job losses, a freeze in migration and an expected sharp rise in short-term accommodation vacancies as a result of coronavirus, Mr Christopher said rental vacancy rates were likely to increase significantly as 2020 progressed.SQM Research managing director Louis Christopher.“Let’s keep in mind our methodology requires a property to be advertised for three weeks or longer before we regard it as unoccupied,” Mr Christopher said.More from newsCOVID-19 renovation boom: How much Aussies are spending to give their houses a facelift during the pandemic3 days agoWhizzkid buys almost one property a month during COVID-197 days ago“We note the 3.2 per cent drop in (national) asking rents for houses over the month, which may well be as a result of many short-term accommodation dwellings entering into the longer term leasing market, and overall, a sign of things to come.”Asking rents for houses in Brisbane fell nearly 2 per cent in March.Asking rents for houses in Brisbane fell nearly 2 per cent in March and unit rents dropped half a per cent, according to SQM Research.AMP Capital chief economist Shane Oliver has predicted the unemployment rate to rise to about 10 per cent, which could result in a 20 per cent drop in Melbourne and Sydney house prices, and a 10 per cent drop in national rents.last_img read more

Pro-life club faces ban at Auckland University

first_imgAbortion debate comes to a head at uni with referendum to disaffiliate pro-life clubStuff 21 August 2017Family First Comment: Not just Family First that they’re trying to muzzle.“Auckland Students for Choice spokeswoman Justine Rose, who is also a member of Campus Feminist Collective, said ProLife had been an “embarrassment for AUSA for a long time”. Rose said the student union should not be representing a group which wants to “take away rights for 50 per cent of the student body: our women.”Um… what about the rights of the 50% of children aborted who are females!?!? Duh.#chooselifeThe fate of a university anti-abortion club will be decided this week in a referendum that could see it disaffiliated.Auckland University Students Association members are now able to vote on whether the ProLife Auckland group should remain affiliated with the association.The referendum also asks whether clubs with a “similar ideology” should be banned from affiliating in the future.It is not the first time the club has faced disaffiliation since its inception in 2010. There have been multiple motions to have the group disaffiliated, but all have failed. Should the referendum be successful,ProLife would still be able to organise and debate, but would not be recognised or endorsed by the association as being in the interest of students.ProLife Auckland co-president Jelena Middleton said she was “dismayed” to hear about the motion.The club’s aim is to support women through crisis pregnancies by spreading information about pregnancy and abortion-related issues on campus, she said.READ MORE: read more

Asian Cup 2027 hosting deadline extended over virus

first_img Promoted ContentTop 10 Iconic Personalities On TV NowSan Francisco Runner Makes Art With GPS-TrackingCouples Who Celebrated Their Union In A Unique, Unforgettable WayCan Playing Too Many Video Games Hurt Your Body?Playing Games For Hours Can Do This To Your BodyThis Guy Photoshopped Himself Into Celeb Pics And It’s HystericalWho’s The Best Car Manufacturer Of All Time?7 Universities In The World With The Highest Market ValueBest & Worst Celebrity Endorsed Games Ever MadeBest Car Manufacturers In The World5 Of The World’s Most Unique Theme Parks10 Risky Jobs Some Women Do The Asian Football Confederation extended the deadline for preliminary bids for the 2027 Asian Cup on Thursday after the coronavirus pandemic caused major problems for football administrations. Expressions of interest will now be accepted until June 30, three months after the original deadline of March 31, the AFC said in a statement. “The decision was taken in light of the current COVID-19 pandemic to allow member associations, many of whom have been affected by the global outbreak, sufficient time to meet their internal processes and timelines,” it said. China will host the next Asian Cup in 2023 but Saudi Arabia, which has a growing portfolio of large-scale sports events, is the only country so far to throw its hat in the ring for 2027. Loading… Read Also: Barcelona coach warned by UEFA Qualifying for the 2023 Asian Cup, like most other football worldwide, has been put on hold as countries batten down to stop the spread of the novel coronavirus. Qatar, hosts of the next World Cup in 2022, won the 2019 Asian Cup where the tournament expanded from 16 to 24 teams. FacebookTwitterWhatsAppEmail分享 last_img read more

Robben offered window to come out of retirement at 36

first_imgArjen Robben has been offered a stunning chance to come out of retirement at the age of 36. The ex-Chelsea and Bayern Munich star called time on his glittering 19-year career last summer. Read Also:COVID-19: Messi, Hazard spotted as Barca, Real Madrid stars undergo tests Robben enjoyed spells in the Netherlands, England, Spain and Germany, winning 12 league titles during his trophy laden career. He starred for the likes of PSV, Chelsea and Real Madrid though he played his best football at Bayern Munich, where he spent 10 glorious seasons before retiring from the game. FacebookTwitterWhatsAppEmail分享 “Robben is my idol, I think he’s a great player. […] There is always the risk that you won’t do anything for too long did, but I still got in touch with him. He was pleased with my offer,” said Rotenberg. “We know it’s going to be tough because he hasn’t played for a long time and can earn four times as much elsewhere. Promoted ContentBirds Enjoy Living In A Gallery Space Created For Them14 Hilarious Comics Made By Women You Need To Follow Right NowThe Very Last Bitcoin Will Be Mined Around 2140. Read More10 Disney Characters Who Would Make Great Role ModelsSome Impressive And Almost Shocking Robots That Exist7 Universities In The World With The Highest Market ValueCouples Who Celebrated Their Union In A Unique, Unforgettable WayDid You Notice How Natural Simba’s Movements Looked In The Movie?Top 10 Most Romantic Nations In The World11 Most Immersive Game To Play On Your Table TopDisney’s Live-Action Simba Was Based On The Cutest Lion Cub Ever8 Things You Didn’t Know About Coffee Advertisementcenter_img Loading… But Brazilian club Botafogo made an approach to the decorated Dutch winger to see if they can tempt him out of retirement for one final season. And the club’s chief Ricardo Rotenberg revealed the player was “pleased” with the offer. “But he now knows about Botafogo’s interest,” he added. Robben admitted he was getting an “itch” to return to action in April. “Of course, it still itches in my feet from time to time, that will probably always stay that way. Maybe I would like to play a bit again. From time to time I still have this feeling,” he explained.last_img read more

Lee and Watson join Saints

first_imgSouthampton have announced the appointment of former Liverpool midfielder Sammy Lee as first team assistant coach and the arrival of Dave Watson to head up the goalkeeping department. The pair will work in the Saints’ new management structure following the appointment of new boss Ronald Koeman, who will be supported by brother Erwin Koeman and Dutch fitness coach Jan Kluitenberg. Meanwhile, Martin Hunter has been appointed as technical director after spending four years in charge of the development squad. Press Association Lee had been set to leave his post at Bolton’s academy and work as number two under new Brighton manager Sami Hyypia, the former Reds defender. However, the 55-year-old opted to take up the offer from St Mary’s instead. Watson, meanwhile, heads to Southampton after leaving relegated Norwich, where he worked with England goalkeeper John Ruddy. He was also part of Roy Hodgson’s backroom staff with the national team. Saints are looking to move the club on following the departure of former manager Mauricio Pochettino to Tottenham, while Adam Lallana, Rickie Lambert and Luke Shaw have also left St Mary’s. Despite the summer upheaval, Southampton executive director Les Reed is confident the club can progress again next season, having finished eighth in the Barclays Premier League last season. “I am extremely happy that we have been able to appoint three highly-respected and talented coaches to these important positions in our coaching structure,” said the former Charlton boss. “Sammy has a wealth of experience from his time with Liverpool and Bolton, as well as from his long association with the England team. “He will work closely with Ronald, Erwin and Jan, and will play a big part in the day-to-day coaching of the first team. “Despite his relatively young age, Dave has already built up an impressive CV and is regarded as one of the most talented goalkeeping coaches in Europe, and has only just returned from the World Cup finals. “That we have been able to attract Sammy and Dave to Southampton is testament to our ambition to continue growing as a club, and shows our commitment to develop talented footballers at all age levels.” Lee, meanwhile, feels he has plenty to offer the new Saints manager. “I was thrilled to be offered the job at Brighton and I was excited at the prospect of working with Sami Hyypia again, but, totally unexpectedly, I have been given an opportunity to work in the Premier League,” Lee told “I fully appreciate that this is not an ideal set of circumstances and I am very sorry for the inconvenience and any embarrassment my change of mind, after the announcement was made, has caused. “However, at this stage of my coaching career, the opportunity to work again at the very top level of English football was not something I felt I could turn down. “I hope everyone at Brighton can understand the difficult predicament I found myself in and why I made this decision.” last_img read more

Update on the latest sports

first_img Associated Press —San Francisco Giants manager Gabe Kapler knelt during the national anthem along with several of his players before first pitch of an exhibition game against the Athletics in Oakland. Right fielder Jaylin Davis and first base coach Antoan Richardson also took a knee, with shortstop Brandon Crawford standing between them with a hand on each of their shoulders. Davis held his right hand over his heart and Richardson clasped his hands in front of him.— The Atlanta Braves have removed a “Chop On” sign that sat near an entrance to Truist Park as the team considers its stance on fans’ tomahawk chop chant. The removal of the wooden sign came as the team changed its slogan from “Chop On” to “For The A” for the 2020 season. —The Kansas City Royals have placed right-hander Jakob Junis on the injured list to allow him to continue preparing for the season. He missed the first part of summer camp following a positive test for the coronavirus. The Royals said he was cleared about a week ago to return to baseball activities. Junis went 9-14 with a 5.24 ERA in 31 starts last season.—Major League Baseball has doubled the isolated camera angles available for video review from 12 to 24 and arranged for high-frame rate cameras to stream directly to the new replay operations center and ballpark video rooms. The time each manager has to decide whether to challenge an umpire’s call has been cut from 30 seconds to 20. — Dr. Anthony Fauci, the country’s top infectious disease expert, will throw out the ceremonial first pitch at the first game of Major League Baseball’s pandemic-delayed regular season. The Washington Nationals announced Fauci accepted the team’s invitation to have the pregame honor Thursday. He is a self-described fan of the reigning World Series champions. The Nationals host the New York Yankees to open the season nearly four months after it originally was scheduled to begin. —New York Rangers forward Brendan Lemieux has been suspended by the NHL for the first two games of the team’s preliminary-round series against Carolina because of an illegal check that injured Colorado forward Joonas Donskoi in March. The NHL waited until return to play guidelines were in place before making a ruling. The suspension means Lemieux will miss the first two games of the Rangers’ best-of-five series against Carolina, which opens in Toronto on August 1. Share This StoryFacebookTwitteremailPrintLinkedinRedditNFL-TESTING POLICY NFL players to be tested daily for COVID-19 first 2 weeksUNDATED (AP) — NFL players will be tested daily for the coronavirus for at least the first two weeks of training camp per the league’s new testing protocols. The new policy was approved by the NFL and the players’ union. Blue Jays talk to other teams about sharing ballparkTORONTO (AP) — The Toronto Blue Jays are talking to the Pittsburgh Pirates about sharing a major league ballpark this season after Canada’s government barred them from playing in their home stadium amid the coronavirus pandemic. Pirates President Travis Williams confirmed the talks and sounded ready to welcome the Blue Jays. Williams calls it a challenge but says if the Pirates are able to safely accommodate the Blue Jays, it will bring international attention to Pittsburgh. Blue Jays general manager Ross Atkins says the team is focused on getting into a major league facility and has more than five backup plans.In other MLB news: KANSAS CITY (AP) — The Super Bowl champion Kansas City Chiefs began the intake process for first-year players Monday after the NFL gave them the go-ahead along with the Houston Texans, their opponent in the season opener Sept. 10. But it could be quite a while before they get on the field for training camp. All players must test negative twice before they are admitted to the facility, then they will spend a couple of days doing the more routine physicals and getting their equipment sorted out. Veterans are due July 28, and coach Andy Reid said it could be 10 days after that before full practices begin.NFL-JETS-GIANTS-FANSNo fans at Jets or Giants games July 21, 2020center_img EAST RUTHERFORD, N.J. (AP) — The New York Jets and Giants announced they will not have fans at home games this season “until further notice” because of the coronavirus pandemic.The teams, who play at MetLife Stadium in East Rutherford, New Jersey, and have separate training facilities in the state, released a joint statement Monday after Gov. Phil Murphy announced an executive order limiting outdoor public gatherings to 500 people.The Jets and Giants say the decision to not have fans – at least for now – was reached after discussions with Murphy, with the health and safety of fans, players and staff being considered.The teams also announced that “out of an abundance of caution,” fans will not be able to attend training camp practices this summer.VIRUS OUTBREAK-MLB-BLUE JAYS — Major League Baseball is adding on-field advertising this season, both real and virtual. Allowed locations include the back of the pitcher’s mound, behind home plate, on tarps in the stands and in the grass in foul territory down the first-base lines. Teams have the choice whether to make the ads real or project them virtually during telecasts. In addition, physical ads can be put on the on-deck circle. — Oakland Athletics left-hander A.J. Puk has been placed on the 10-day injured list with a shoulder strain. He planned to travel to Los Angeles to be examined. The injury also bothered him during spring training. Right-hander Daniel Mengden will move into the rotation in Puk’s place. VIRUS OUTBREAK-NHLTwo players test positive during early days of training campUNDATED (AP) — The NHL says only two players tested positive for COVID-19 during the first five days of training camp last week. Update on the latest sports The league, in consultation with its players, is not revealing the identity of players who test positive, or their teams. The two players who tested positive are self-isolating per national and local health protocols.A total of 2,618 tests of more than 800 players from July 13-17 were done by the league. Training camps opened July 13, with 24 teams preparing to compete in an expanded playoff format in Toronto and Edmonton, Alberta, starting on Aug. 1.Teams are scheduled to travel to both hub cities on Sunday.The NHL reported it had 33 players test positive during the period after the league paused its season in March to the start of camps.In other NHL news: Dr. Allen Sills, the NFL chief medical officer, said more than one negative test is required before players initially enter the building to begin physical exams or any form of team activity. After two weeks of daily testing, if the rate of those positive tests falls below 5% among players and Tier I and Tier II individuals, as described in previously NFL protocols, testing would go to every other day. If the rate of positive tests doesn’t fall below that threshold, daily testing would continue until it drops.The new protocols were announced as rookies for Houston and Kansas City were set to report to camp Monday. Rookies for other teams begin arriving Tuesday. NFL-CHIEFSChiefs won’t take the field for a whilelast_img read more

Guyana ‘hammer’ Bahamas 5-1 for first win at CONCACAF U-15 Championship

first_imgAFTER going down to Nicaragua (3-0) in their opening game, Guyana bounced back to hammer the Bahamas 5-1 yesterday when action in the CONCACAF U-15 Championship continued at the IMG Academy in Florida, USA.Antwone Vasconcellos put the Guyanese side in the lead just seven minutes into the day’s contest but one minute later Jordin Wilson equalised for the Bahamians.However, Guyana regained control through Brandon Solomon in the 12th minute, while Colin Henriques (20th) and Kevin Mullin (42nd) made it 4-1 at the halfway mark.Daniel Lowe, who came in as substitute, made it 5-1 with his strike from the penalty spot in the 51st minute.Guyana will play their final Group F game tomorrow against Cayman Islands.last_img

On The Beat 03/04/11: DePaul pregame

first_img Facebook Twitter Google+ Published on March 3, 2011 at 12:00 pm Commentscenter_img The Daily Orange basketball beat writers Brett LoGiurato, Tony Olivero and Andrew John talk on Syracuse’s last regular season game against DePaul. The Orange is going up against the Big East bottom-feeder on Saturday at The Carrier Dome.last_img

USG plans to increase publicity

first_imgNew Undergraduate Student Government officers said they plan to achieve goals — ranging from increased sustainability to better utilizing the Ronald Tutor Campus Center — by increasing communication and building upon achievements from the past administration.Over the summer, USG representatives said they plan to solidify their goals and conduct research to ease the pressure when officers return in the fall, USG President Mikey Geragos said. Geragos, USG Vice President Vinnie Prasad and the USG Senate were sworn into office April 3.“We’ve finalized the team and the budget,” Geragos said. “Now it’s less administrative processes and down to work.”One priority for Geragos’ administration is to continue the previous administration’s advocacy for increased Campus Center use.“What [former USG President] Monish Tyagi set out [to] improve at the Campus Center, he accomplished,” Geragos said. “He helped advocate for longer hours and really drove students to use it.”Geragos and Prasad, however, said that USG is still “getting there,” in terms of developing all that the Campus Center can offer.“We want to increase the hours even more and, with that, increase student usage,” Prasad said.Though catering to the concerns and well-being of students is an important goal for USG, many students said the organization seems inaccessible to the general student body.“When students have a problem or wish they could change something, it seems like they’re often at a loss about who to get in contact with to change it,” Residential Senator Emma Katz said. “They end up just talking among themselves or making a meme about it.”Prasad said disjointed communication is what the USG Senate hopes to mitigate in the upcoming year by making themselves more accessible to students and truly giving a voice to the student body.“The [senators] are the ones that represent the student voice, figuring out what it is they want and bringing that back to [the president and vice president],” Prasad said.USG recognizes the need for student input on issues relevant to campus life, such as sustainability.“We want to make sure that [students are] being heard when it comes to redevelopment of [EVK Restaurant and Grill] and Café 84,” Geragos said. “We also want to create a full-time director position on sustainability. We want students to be heard as well, not just administrators.”Geragos and Prasad said they proposed creating a Green Fund. The fund, a pool of about $3 per student, would sponsor sustainability projects on campus.Many students said they felt that a Green Fund could be a promising way to tackle sustainability.“That’s a great way of having a sustainable campus,” said Shraddha Chaugule, a doctoral student studying pharmaceutical economics and policy. “That’s not a big amount from every person, put pooled, its really considerable.”In addition to campus development and administrative concerns, Geragos and Prasad said they also recognize the importance of school spirit and attendance at student events.Some students said they were disappointed that only a small number of students attended the musical performances organized by Program Board, which is overseen by USG, during the 2011-2012 school year. Cobra Starship, Macklemore and Wolfgang Gartner were among the performers brought to campus by Program Board.William Herron, an undeclared freshman, was impressed with the performers but wished the events had been better publicized.“[USG] should increase promotion for these events,” Herron said. “They got pretty big names, but all I really saw was one Facebook page about it. There was nothing else really promoting it.”Geragos said he is committed to improving publicity.“There is a big emphasis [on] the best talent for any and all events we put on,” Geragos said. “It’s really important to me.”last_img read more