Tag Archives: international
Real Estate for sale 11841 N BANCROFT Drive Phoenix, AZ 85028
MLS#: 4981073, 4 Bedrooms, 3.0 Bathrooms, 2600 Square Feet 11841 N BANCROFT Drive Phoenix, AZ 85028 A RARE GEM – Just waiting for you-has been completely reb… Continue reading
First Irish REIT Raises €310m
JOHN MULLIGAN – 13 JULY 2013 Ireland’s first Real Estate Investment Trust (REIT) has raised €310m after strong international interest in the property investment vehicle led to it being significantly over-subscribed. The REIT backed by executives at Green Property received a major endorsement from US-headquartered global investment group Pimco , which, through a vehicle it controls in Luxembourg , has taken a 10pc stake in the REIT. Pimco has over $2 trillion (€1.5trn) of assets under management. The Green REIT – due to float on the Irish Stock Exchange next Wednesday – will primarily target investment property in south Dublin. Green Property executives backing the REIT – including the firm’s chairman Stephen Vernon and chief executive Pat Gunne – had hoped to raise €200m for the investment vehicle. They and other Green Property top brass are stuffing a total of €10m of their own money into the REIT. Green Property owns the Blanchardstown Shopping Centre in Dublin and has been a canny player in the property market, offloading some valuable assets before the market imploded. The REIT is the first to be launched in Ireland and comes on the heels of changes made this year to legislation in the Finance Act. It’s also the first such vehicle to be listed on the stock exchange. Gary Kennedy, the chairman of the REIT, said the fundraising was a “strong endorsement” of investors’ confidence in the Green Property management team and their track record. “It also highlights the opportunity evident in the sectors of the Irish commercial property market that Green REIT is targeting,” he said. Irish Independent Continue reading
Euromonitor International report ranks Arabian Oud 11th Among Global Premium Fragrances Based On Retail Sales Value In 2012
Saudi Arabia: Monday, June 17 – 2013 at 12:01 PRESS RELEASE A recent global study conducted by Euromonitor International Limited has revealed that Arabian Oud has occupied the 11th place among global premium fragrances sales based on retail value sales in 2012, underlining its position as one of the world’s top fragrance brands. The study further positioned Arabian Oud as the number one beauty specialist retailer in the Middle East and Africa, thereby maintaining its leadership among the regional market. Euromonitor also links Arabian Oud’s strong brand performance to the solid growth achieved by KSA’s fragrance market, which grew 14.5% in 2012 to reach a value of Euro696m, accounting for 2.2% of the global market. Moreover, in the total feminine fragrance market, Arabian Oud was ranked 13th globally, while it was ranked 10th globally in the feminine fragrance selective market category. Euromonitor International Ltd is a privately owned, London-based market intelligence firm, providing market research, business intelligence reports, and data to industry. Euromonitor’s research and consulting unit offers competitor intelligence, market and trends analysis, mergers and acquisitions research, and statistical data analysis and modelling in a range of industries ranging from consumer goods to travel services. With 40 years’ experience in developed and emerging markets, the company’s research method is built on a unique combination of specialist industry knowledge and in-country research expertise. Continue reading
