Switzerland Commecial Real Estate – Immo Gironde http://immo-gironde.com/ Sun, 09 Jan 2022 07:30:35 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 https://immo-gironde.com/wp-content/uploads/2021/05/immo-gironde-icon-150x150.png Switzerland Commecial Real Estate – Immo Gironde http://immo-gironde.com/ 32 32 Real estate market 2022 – Industrial IT https://immo-gironde.com/real-estate-market-2022-industrial-it/ Sun, 09 Jan 2022 07:30:35 +0000 https://immo-gironde.com/real-estate-market-2022-industrial-it/

The recent report on Real Estate Market Report 2022 by Key Players, Types, Applications, Country, Market Size, Forecast to 2028 » Offered by Credible markets, includes a comprehensive survey of geographic landscape, industry size as well as estimated company revenue. In addition, the report also highlights the challenges hampering the market growth and the expansion strategies employed by the leading companies in the “”Real estate market”.

Main benefits for stakeholders

  • The report provides quantitative analysis of current real estate market trends, estimates and market size dynamics from 2015 to 2028 to identify existing opportunities.
  • Porter’s Five Forces Analysis highlights the power of buyers and suppliers to empower stakeholders to make profit-driven business decisions and strengthen their supplier-buyer network.
  • In-depth analysis along with market size and segmentation helps in determining the current opportunities in the real estate market.
  • The main countries in each region are mapped according to their contribution to market revenues.
  • The market player positioning segment facilitates benchmarking and provides a clear understanding of the current position of market players in the real estate industry.

Real estate market: landscape of competition

The Real Estate market report includes information on product launches, sustainability, and outlook for key vendors, including: (, AppFolio, BoomTown, Constellation Real Estate Group (CREG), IXACT Contact, Nestio, CoStar, Placester, Rezora, Propertybase, Buildout, Real Geeks, Keller Williams Realty, MRI Software, LeadSquared, IContact, Point2)

Click the Link for Free Sample Copy of Report @ https://crediblemarkets.com/sample-request/real-estate-market-392365?utm_source=AkshayT&utm_medium=SatPR

Real estate market: segmentation

The real estate market is split by type and by application for the period 2022-2028, the growth among the segments provides accurate tricks and sales forecast by type and by application in terms of volume and value. This analysis can help you grow your business by targeting qualified niche markets.

Market segment by type, covers

Cloud based

Web based

Market segment by Application, can be divided into

Large companies

SME

Real estate market: regional analysis

All the regional segmentation has been studied on the basis of recent and future trends, and the market is forecast throughout the forecast period. The countries covered in the regional analysis of the Global Real Estate Market report are North America United States, Canada and Mexico, Germany, France, United Kingdom, Russia, l ‘Italy, Spain, Turkey, the Netherlands, Switzerland, Belgium and the rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, Korea South, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Saudi Arabia, United Arab Emirates, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) ) being part of the Middle East and Africa (MEA), and Argentina, Brazil and the rest of South America being part of South America.

Direct purchase this market research report now @ https://crediblemarkets.com/reports/purchase/real-estate-market-392365?license_type=single_user;utm_source=AkshayT&utm_medium=SatPR

Main points covered by the table of contents:

Market Snapshot: It comprises six sections, research scope, major manufacturers covered, market fragments by type, real estate market portions by application, study objectives, and years considered.

Market landscape: Here, the opposition in the global real estate market is dissected, by value, income, transactions and slice of the pie by organization, market rate, unforgiving circumstances Landscape and latest models, consolidation, development, obtaining and portions of the industry-wide best organizations.

Manufacturer Profiles: Here, the major players in the global real estate market are considered dependent on the region of transactions, key elements, net benefit, income, cost and creation.

State of the market and outlook by region: In this segment, report examines net benefit, transactions, revenue, start-up, part of overall industry, CAGR and market size by region. Here, the global real estate market is examined in depth based on areas and countries like North America, Europe, China, India, Japan, and MEA.

Application or end user: This segment of the exploration study shows how extraordinary end customer / application sections are adding to the global real estate market.

Market forecast: Production side: In this part of the report, the creators focused on the creation and creation esteem conjecture, the gauge of major manufacturers, and the creation and creation esteem estimate. by type.

Research findings and conclusion: This is one of the last segments of the report where the findings of the investigators and the end of the exploration study are given.

Do you have a specific question or requirement? Ask Our Industry Expert @ https://crediblemarkets.com/enquire-request/real-estate-market-392365?utm_source=AkshayT&utm_medium=SatPR

Key questions answered in the report:

  • What will be the pace of development of the real estate market?
  • What are the key factors driving the global real estate market?
  • Who are the main manufacturers in the market?
  • What are the market openings, the market risks and the main lines of the market?
  • What are the sales, revenue, and price analysis of the major manufacturers of the Real Estate market?
  • Who are the distributors, traders and resellers of the real estate market?
  • What are the real estate market opportunities and threats facing providers in the global real estate industries?
  • What is Offerings, Revenue, and Value Review by Types and Uses in the Market?
  • What are Transactions, Revenue, and Value Review by Business Line?

About Us

Credible Markets is a new age market research company with a firm grip on the pulse of global markets. Credible Markets has become a reliable source for the market research needs of companies in a rapid period of time. We have worked with leading market information publishers and our reporting pool coverage spans all key industry verticals and thousands of micro markets. The massive repository allows our clients to choose from recently published reports from a range of publishers who also provide in-depth regional and national analysis. Plus, pre-booked research reports are some of our best deals.

The collection of market information reports is regularly updated to provide visitors with easy access to the most recent market information. We provide round-the-clock support to help you reuse search parameters and thus benefit from a full range of reserved reports. After all, it’s all about helping you make an informed strategic decision about purchasing the right report that meets all of your market research demands.

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Global Real Estate Asset Management Software Market Size 2022-2030 Industry Share, Growth Analysis, Regional Demand – Industrial Computing https://immo-gironde.com/global-real-estate-asset-management-software-market-size-2022-2030-industry-share-growth-analysis-regional-demand-industrial-computing/ Fri, 07 Jan 2022 14:56:24 +0000 https://immo-gironde.com/global-real-estate-asset-management-software-market-size-2022-2030-industry-share-growth-analysis-regional-demand-industrial-computing/

The Global Real Estate Asset Management Software Market report is a perfect foundation for people seeking comprehensive study and analysis of the Global Real Estate Asset Management Software Market. This report contains diverse study and information that will help you understand your niche and key market channel concentration in the regional and global Global Real Estate Asset Management Software Market. To understand the competition and take action based on your key strengths, market size, demand for current and future years, supply chain information, business concerns, competitive analysis, and pricing , as well as supplier information, will be presented to you. The report also contains information on the major market players, Global Real Estate Asset Management Software applications, its type, trends and overall market share.

To implement your business plan based on our detailed report, you will also receive complete and accurate forecasts as well as future projected figures. This will provide an overview of the market and help design solutions to leverage key profitable elements and gain market clarity to make strategic plans. The data in the report comes from various publications in our archives as well as from many reputable paid databases. Moreover, the data is gathered with the help of dealers, raw material suppliers and customers to ensure that the end result covers all the details regarding the global Real Estate Asset Management Software Market making it a tool perfect for serious buyers of this study. .

Global Real Estate Asset Management Software Market: Segmentation

Credible Markets has added a key new research report covering the Real Estate Asset Management Software Market. The study aims to provide global investors with a revolutionary decision-making tool covering key fundamentals of the real estate asset management software market. The research report will include the total global market revenue with historical analysis, key figures comprising total revenue, total sales, key products, instrumental drivers and challenges. The data for the report is derived from the broad sources of primary and secondary information with a detailed and reliable overview of the Real Estate Asset Management Software market. The research report draws on global governing bodies as the primary data sources, with independent analysis of forecasts and objective estimates of growth.

The Real Estate Asset Management Software research report will also study the market share of major players in their global transformers capacity on a global scale. This qualitative and quantitative analysis will include key product offerings, key differentiators, revenue share, market size, market condition, and strategies. The report will also cover key global agreements, collaborations and partnerships soon to change market dynamics on a global scale.

Global Real Estate Asset Management Software Market: By Type
Enterprise Resource Planning (ERP)
Property management systems (PMS)
Customer Relationship Management (CRM)
Others

Global Real Estate Asset Management Software Market: By Deployment
On the site
Could based

Global Real Estate Asset Management Software Market: By Application
Residential
Multi-family dwellings / apartments
Single-family housing
Indoor air quality monitoring

Commercial
Retail spaces
Office space
Hotels
Others

Global Real Estate Asset Management Software Market: By End User
Housing associations
Real estate managers / agents
Real estate investors
Others

Global Real Estate Asset Management Software Market: Key Players
Yardi Systems Inc.
Accruent, LLC,
Altus Group Limited
RealPage, Inc.
SMR Group
Propertybase GmbH
Trimble Inc.
Oracle Corporation
Corrigo
Others

Global Real Estate Asset Management Software Market: Regions
• North America (United States, Canada and Mexico)
• Europe (Germany, United Kingdom, France, Italy, Russia, Spain and Benelux)
• Asia-Pacific (China, Japan, India, South East Asia and Australia)
• Latin America (Brazil, Argentina and Colombia)
• Middle East and Africa

Click the link for a Free Sample Global Real Estate Asset Management Software Report @ https://crediblemarkets.com/sample-request/global-real-estate-asset-management-software-market-563494

Global Real Estate Asset Management Software Market: Regional Analysis

All the regional segmentation has been studied on the basis of recent and future trends, and the market is forecast throughout the forecast period. Countries Covered in Regional Analysis of Global Real Estate Asset Management Software Market Report are North America United States, Canada and Mexico, Germany, France, United Kingdom, Russia, Italy, Spain, Turkey, the Netherlands, Switzerland, Belgium and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India , South Korea, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Saudi Arabia, United Arab Emirates, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as part of Middle East and Africa (MEA), and Argentina, Brazil and rest of South America as part of South America.

Main advantages of the report:

  • This study presents the analytical description of the global Real Estate Asset Management Software industry along with current trends and future estimates to determine impending pockets of investment.
  • The report presents information related to key drivers, restraints, and opportunities along with a detailed analysis of the global Real Estate Asset Management Software market share.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the growth scenario of the Global Real Estate Asset Management Software Market.
  • Porter’s Five Forces Analysis illustrates the power of buyers and suppliers in the marketplace.
  • The report provides a detailed overall analysis of the global real estate asset management software market based on the intensity of the competition and how the competition will shape in the coming years.

Main points covered by the table of contents:

Market Snapshot: It comprises six sections, research scope, major manufacturers covered, market fragments by type, global Real Estate Management Software Market parts by application, study objectives, and years considered.

Market landscape: Here the opposition in the global real estate asset management software market is dissected, by value, income, offerings and share of the pie by organization, market rate, relentless circumstances Latest landscape and models, consolidation, development , obtaining, and parts of the overall industry from the best organizations.

Manufacturer Profiles: Here, the major players in the global real estate asset management software market are considered to depend on the region of transactions, key elements, net benefit, revenue, cost, and start-up.

State of the market and outlook by region: In this segment, report examines net benefit, transactions, revenue, start-up, part of overall industry, CAGR and market size by region. Here the global real estate asset management software market is thoroughly examined based on regions and countries like North America, Europe, China, India, Japan, and MEA.

Application or end user: This segment of the exploration study shows how extraordinary end client / application sections are added to the global Real Estate Asset Management Software Market.

Market forecast: Production side: In this part of the report, the creators focused on the creation and creation esteem conjecture, the gauge of major manufacturers, and the creation and creation esteem estimate. by type.

Research findings and conclusion: This is one of the last segments of the report where the findings of the investigators and the end of the exploration study are given.

Global Direct Buy Now Real Estate Asset Management Software Market Research Report @ https://crediblemarkets.com/reports/purchase/global-real-estate-asset-management-software-market-563494?license_type=single_user

Key questions answered in the report:

  • What will be the pace of development of the global real estate asset management software market?
  • What are the key factors driving the global real estate asset management software market?
  • Who are the main manufacturers in the market?
  • What are the market openings, the market risks and the main lines of the market?
  • What are the sales, revenue, and price analyzes of the major manufacturers of the global Real Estate Asset Management Software market?
  • Who are the distributors, traders, and dealers in the global Real Estate Asset Management Software Market?
  • What are the opportunities and threats of the global real estate asset management software market facing the providers of the global real estate asset management software industries?
  • What is Offerings, Revenue, and Value Review by Market Types and Uses?
  • What is the Review of Transactions, Revenue and Value by Business Line?

About Us

Credible Markets is a new age market research company with a firm grip on the pulse of global markets. Credible Markets has become a reliable source for the market research needs of companies in a rapid period of time. We have partnered with leading market information publishers and our reporting pool coverage spans all key industry verticals and thousands of micro markets. The massive repository allows our clients to choose from recently published reports from a range of publishers who also provide in-depth regional and national analysis. Plus, pre-booked research reports are some of our best deals.

The collection of market information reports is regularly updated to provide visitors with easy access to the most recent market information. We provide round-the-clock support to help you reuse search parameters and thus benefit from a full range of reserved reports. After all, it’s all about helping you make an informed strategic decision about purchasing the right report that meets all of your market research demands.

Contact us

Credible market analyzes
99 Wall Street 2124 New York, NY 10005
E-mail: [email protected]

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At 15.3% CAGR, Building Information Modeling Market To Reach $ 18.73 Billion By 2028, According To Brandessence Market Research https://immo-gironde.com/at-15-3-cagr-building-information-modeling-market-to-reach-18-73-billion-by-2028-according-to-brandessence-market-research/ Wed, 05 Jan 2022 13:57:00 +0000 https://immo-gironde.com/at-15-3-cagr-building-information-modeling-market-to-reach-18-73-billion-by-2028-according-to-brandessence-market-research/

LONDON, January 5, 2022 / PRNewswire / – The global building information modeling market size in terms of revenue was $ 6.91 billion in 2021 and should reach $ 18.73 billion by 2028, with a CAGR of 15.3% from 2021 to 2028. The global BIM market size is expected to grow at a substantial growth rate owing to several factors such as increasing digitization in the construction industry, l ‘Increase in IT investments and growth in government acceptance of BIM leading to a huge need for Building Information Modeling (BIM).

The growing prospect of public infrastructure on a global scale, the growing promise of 3D modeling, and the lowering costs of 3D modeling remain important growth drivers.

Get a sample copy of this bonus [email protected] https://brandessenceresearch.com/requestSample/PostId/579

Building Information Modeling Market: An Overview

Building Information Modeling or BMI is a process of generating visual representation of buildings at the planning stage using various advanced tools. Technology is rapidly gaining ground around the world, as it not only enriches the construction process, but also provides much-needed insurance to builders, owners, or third parties such as investors, consultants, and government agencies. Technology is also gaining ground, thanks to increased sophistication of constructions. The growing demand for sustainability in constructions with regard to water, electricity, recycling projects, features such as advanced communication and special public projects such as highways, bridges and tunnels remain a driving force. promising BMI market. BMI technology began in the 1970s, but rose to prominence in 2000, when the development of industry standards and their adoption began. Even today, the IMC industry, despite its enormous end-user benefits, suffers from insufficient investment in industry-wide cross-hardware standards and software platform compatibility. . For example, in 2004, the US National Institute of Standards and Technology (NITS) released a conservative estimate, that US capital facilities lost on average $ 15.8 billion every year due to lack of standardization, the highly fragmented nature of the industry, and inconsistent adoption of technology by end stakeholders. As adoption has increased and fragmented nature improves, issues such as lack of standardization remain a challenge.

Top Companies Focusing on This Report: Building Information Modeling Market

  • Nemetschek (Germany)
  • Autodesk (US)
  • Trimble (United States)
  • Bentley Systems (US)
  • RIB software (Germany)
  • Dassault Systèmes (France)
  • AVEVA (United Kingdom),
  • ASITE (United Kingdom)
  • Hexagon (Sweden)
  • AECOM
  • GRAITEC
  • Pentagon Solutions Ltd.
  • Tekla Corporation
  • Beck Technology Ltd.
  • Dassault Systems

The building information modeling market remains an innovative landscape, in which cost-based innovation and advanced integration both ironically promise strong growth opportunities. The balance is often precarious for end-companies, as expensive products are often difficult to sell in an industry, where limited adoption of digitization is always a challenge. On the other hand, due to the increasingly complex nature of construction and the increased demand for model-based planning, remains a promising growth engine.

Building information modeling market: impact of Covid-19

Covid-19 has had a huge impact on the global economy. This has resulted in a significant delay in investments in public projects, supply derailments and an increased threat to the safety of workers around the world. The crisis led to a massive shutdown of the construction sector across the world, and in 2021, the global economy showed early signs of recovery from the recession. Before the start of the pandemic, demand for new housing and infrastructure remained high. Trends such as mobile homes, modular homes and the increased penetration of technologies such as 3D printing have remained promising growth drivers in the construction industry. During the pandemic, this demand took a back seat as high commodity prices, in an uncertain regulatory environment, held back growth. In 2021, the construction industry is looking at promising new investment opportunities in the public space. For example, the US government has announced a trillion dollar investment in public infrastructure, similar to that of China, and the Indian government is planning to expand infrastructure. india Minister of Finances Nirmala Sitharaman announced that the country will invest the closet for $ 1,400 billion in the country during the period 2021-2025. The large-scale nature of public projects, increased awareness of IMC tools, and promising use during an uncertain time to reduce costs are expected to remain the primary drivers of IMC market growth.

On the other hand, the IMC industry has overcome several conventional challenges such as high costs and limited adoption. Today, these systems are widely accepted in the construction industry, with tools like Autodesk becoming a daily tool for architects, engineers, and others. Government agencies such as the Royal Academy of Engineering have played an important role in developing standards and systems that have enabled communication between stakeholders, thus stimulating the promise of business growth, as well as innovative advancements in the market. modeling of building information.

Get the methodology @ https://brandessenceresearch.com/requestMethodology/PostId/579

Building Information Modeling Market Segmentation Analysis:

By solution:

By vertical sectors:

  • Commercial
  • Sports
  • Industrial
  • Residential
  • Entertainment
  • Educative
  • Health care
  • others

By end users:

  • entrepreneurs
  • engineers
  • developers
  • architects
  • others

Building information modeling market: notable developments

RIB software signed a phase 2 agreement with Max Aicher Bau GmbH in december 2021. The agreement to share iTWO 6D BIM ESG technology promises to combine traditional quality standards with intelligent industrial processes and services for sustainable progress, the press release read. The collaboration aims to serve the end players in the real estate, leisure and tourism, education and building and construction sectors. According to Ralph Hößle, Managing Director of Max Aicher Bau, “: Digitization is now a key factor for long-term success. The main added value of the RIB iTWO end-to-end solution is to centrally manage all data and create transparency and more efficiency in all areas “

Building Information Modeling Market: Regional Analysis

The Building Information Modeling market report is segmented into key regions including North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Among these, the North America is expected to experience the strongest growth during the forecast period. the establishment of major players in the region, increasing innovation and major expansion projects, thanks to increased awareness among end users, remain the main engines of growth. Significant investments from countries around the world, including the United States, China, and India also remain a promising growth engine. The emergence of new major players in the Asia Pacific players, increased product diversification and expansion of low-cost products also remain significant growth opportunities in the global BMI market.

Europe region promises significant growth, thanks to increasing initiatives for sustainable electricity production. The region has become in 2021 the region with the highest sales of electric vehicles. The expansion of electric vehicle infrastructure with promising growth in sales and increasing regulations weighing on conventional vehicle sales remain promising engines for further growth, especially electric vehicle infrastructure and infrastructure for electric vehicles. renewable energy. Such promises also exist in emerging regions such as Asia Pacific, and North America, where demand for electric vehicles remains high.

The Special Requirements Building Information Modeling Market report is also available for the region below:

North America

Europe

  • Germany, France, UK, Italy, Spain, Sweden, Netherlands, Turkey, Switzerland, Belgium, Rest of Europe

Asia Pacific

  • South Korea, Japan, China, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of the APAC,

Latin America

  • Mexico, Colombia, Brazil, Argentina, Peru, Rest of Latin America

Middle East and Africa

  • Saudi Arabia, United Arab Emirates, Egypt, South Africa, Rest of the MEA

Get full access to all trends: https://brandessenceresearch.com/construction/building-information-modeling-bim-market

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Brandessence Market Research publishes market research reports and business information produced by highly trained and experienced industry analysts. Our research reports are available across a wide range of industry verticals including aviation, food & beverage, healthcare, ICT, construction, chemicals and more. The Brand Essence Market Research report will be best suited for senior executives, business development managers, marketing managers, consultants, CEOs, CIOs, COOs and directors, governments, agencies, organizations and doctors. Students. We have a delivery center in Pune, India and our sales office is in London.

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FlyBosnia plans return with EX-YU and Swiss routes https://immo-gironde.com/flybosnia-plans-return-with-ex-yu-and-swiss-routes/ Fri, 31 Dec 2021 07:00:00 +0000 https://immo-gironde.com/flybosnia-plans-return-with-ex-yu-and-swiss-routes/

FlyBosnia plans to restart operations after nearly a year next summer, this time focusing on European destinations rather than those in the Middle East. According to the “Flying Bosnian” portal, the carrier, which currently has no aircraft in its fleet, will lease an Airbus A320 and offer services from the four airports in Bosnia and Herzegovina – Sarajevo, Tuzla, Banja Luka and Mostar. The airline will serve Zurich from all four cities, as well as Geneva from Sarajevo and Mostar, while it will offer one-way flights from Sarajevo to Belgrade and Zagreb, and one-way service from the Serbian and Croatian capitals to Mostar.

The majority of flights will operate in W formation between Bosnia and Herzegovina and Switzerland. Tickets for these are already on sale through a local Swiss tour operator, while FlyBosnia is expected to start sales of its own next month. Operations are scheduled to begin at the start of the 2022 summer season on March 29. If flights go as planned, FlyBosnia would compete directly with Swiss on its flights between Zurich and Sarajevo, as well as Air Serbia and Croatia Airlines on its only one-way operation from the capital of Bosnia and Herzegovina to Belgrade and Zagreb respectively.

FlyBosnia was created by the Saudi Arabian group Al Shiddi, founded in 1975 with interests in various fields including construction, real estate, agriculture and tourism. The Saudi conglomerate has been operating in Bosnia and Herzegovina since 2006 and is the country’s largest Arab investor. The airline first visited Saudi Arabia, Kuwait and Bahrain, tapping into the huge summer demand between the Gulf and Bosnia. However, he then tried unsuccessfully to serve destinations in Europe as well. Ultimately, the coronavirus pandemic saw her shut down all business operations and the airline has struggled to restore flights since.

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4 P&C insurers on the verge of continuing their winning streak in 2022 – December 29, 2021 https://immo-gironde.com/4-pc-insurers-on-the-verge-of-continuing-their-winning-streak-in-2022-december-29-2021/ Wed, 29 Dec 2021 15:01:22 +0000 https://immo-gironde.com/4-pc-insurers-on-the-verge-of-continuing-their-winning-streak-in-2022-december-29-2021/

Zacks’ property and casualty insurance industry has had a mixed 2021 with an economic recovery gaining momentum, an easing of restrictions linked to the pandemic and an increase in vaccinations. Although the P&C insurance industry has had an active hurricane season this year, better pricing and prudent underwriting have been positive winds for insurers. However, the new variant of the Omicron virus has raised concerns of late.

The P&C insurance sector is up 14.4% year-to-date compared to the financial sector’s 22.3% rise and the Zacks S&P 500 composite rally of 28.6%.

Image source: Zacks Investment Research

Due to improved pricing, exposure growth, underwriting profitability, favorable development of reserves, technological improvements and global expansion as well as high level of solvency impressive, property and casualty insurers like Selective Insurance Group, Inc. (SIGI Free report), American financial premiere (FAF Free report), Berkshire Hathaway (BRK.B Free report) and ProAssurance Corporation (PRA Free Report) remain well placed to maintain the bull run.

Factors at play

According to the Global Insurance Market Index released by Marsh, global commercial insurance prices rose 15% in the third quarter of 2021. This was the 16th consecutive quarter of price increases. According to the Swiss Re Institute, pricing for commercial non-life insurance lines has strengthened in 2021 and is expected to continue in 2022. Thus, better pricing should help underwrite higher premiums. According to a report by the Deloitte Center for Financial Services, global net P&C reinsurance written premiums rose 18.5% in the first half of 2021. The Swiss Re Institute remains positive on the outlook for global insurance premiums, expecting growth above the trend of 3.3% in 2022 and 3.1% in 2023.

P&C insurers are well positioned for growth given the expansion of international business. higher retention, strong turnover, price increases, appointment of retail agents and a strong balance sheet.

The P&C insurance industry remains exposed to severe weather events which make underwriting results and, in turn, earnings volatile. According to the Swiss Re Institute, natural disaster activity has been above average throughout 2021 and an annual insured loss of over $ 100 billion is expected. Nonetheless, the growth in exposure, improving prices, cautious underwriting and favorable development of reserves will likely help maintain profitability of underwriting. In the first half of 2021, the aggregate combined ratio of P&C reinsurers improved 1140 basis points year-on-year to 94.5, according to a report from the Deloitte Center for Financial Services.

An interest rate environment close to zero is likely to be of concern to insurers as it weighs on investment income, one of the important components of insurers’ turnover. Nonetheless, Fed officials continue to project three hikes in 2022 and three more in 2023, and two rate hikes in 2024. Right now, the interest rate ranges between 0% and 0.25%. A broader invested base, directing funds to alternative investments like private equity, hedge funds and real estate, should drive the measure going forward.

Building on solid capital, players in the P&C industry pursue mergers, acquisitions and alliances that can strengthen portfolios, diversify operations and enter more profitable market segments. According to a report from the Deloitte Center for Financial Services, the P&C insurance industry recorded 197 deals closed in the first half of 2021. Deloitte’s Global Outlook survey predicts more active M&A strategies in 2022, while more more insurers are looking for growth through expansion.

These insurers have increased their investments in technology. Adoption of technologies such as robotic process automation (RPA), Chatbot and RoboAdvisory, artificial intelligence (AI) and data analytics, insurtech solutions, telematics, cloud computing is gaining momentum . Deloitte’s global survey predicts that the technology budget of insurers will increase by 13.7% in 2022.

4 actions on the watchlist

Given their operational strength, we have selected four P&C insurance stocks with the help of the Zacks Stock Screener which have gained over 20% since the start of the year, have a market capitalization of over $ 1 billion. dollars, currently carry a Zacks Rank # 2 (Buy) and are well positioned to maintain momentum in 2022.
You can see the full list of Zacks # 1 Rank (Strong Buy) stocks today here.

Selective insurance: This Branchville, NJ-based insurer, along with its subsidiaries, provides insurance products and services in the United States.
Given the sharp increases in refueling prices, growth in exposure, strong retention rates and strong new business growth in the Exceptional Business Lines and Surplus and Surplus (E&S) lines segments, Selective Insurance’s revenue is expected to improve going forward, which in turn will drive revenue growth. A strong capital position is positive.

Selective Insurance’s net income has exceeded estimates in each of the past four quarters, with an average surprise of 44.85%. Zacks’ consensus estimate for 2022 earnings has risen 1.4% in the past 60 days. The expected long-term earnings growth rate is set at 13.4%, above the industry average of 9.7%. Shares of Selective Insurance are up 22.2% year-to-date.

Zacks investment researchImage source: Zacks Investment Research

First American financial: This Santa Ana, California-based title insurer provides close / settlement services; title plant ownership data and automated recordings and images; home warranty products; property and casualty insurance; banking, trust and wealth management services.

Growing Millennials’ demand for first-time home buyers, an improved pricing environment, and strong business activities are helping First American to thrive.

The net result of the first American beat estimates in each of the last four quarters, the average surprise being 29.19%. Zacks’ consensus estimate for 2022 earnings has risen 0.5% in the past 30 days. FAF is well positioned to grow, as evidenced by its impressive VGM score of A. Shares of First American are up 50.6% year-to-date.

Zacks investment researchImage source: Zacks Investment Research

Berkshire Hathaway: Omaha, NE-based Berkshire Hathaway holding company has more than 90 subsidiaries in insurance, railways, utilities, manufacturing services, retail and construction residential. BRK.B has one of the largest P&C insurance companies in terms of premium volume.

The continued growth of its insurance business fuels an increase in free float, boosts earnings and generates maximum return on equity. With Warren Buffett at the helm, Berkshire has been creating tremendous shareholder value for more than five decades.

Berkshire is expected to continue to benefit from growth in its insurance business as well as the manufacturing, services and retail, and finance and financial products segments.

With a huge reserve of cash, Berkshire Hathaway is likely to continue its wave of acquisitions. While large acquisitions open up more business opportunities, targeted acquisitions improve the profits of the existing business.

Zacks’ consensus estimate for 2022 earnings shows 6.8% year-over-year growth. It has increased 1.5% in the past 60 days. The expected long-term earnings growth rate is set at 7%. Berkshire shares have risen 28.7% year-to-date.

Zacks investment researchImage source: Zacks Investment Research

ProAssurance: ProAssurance, based in Birmingham, AL, provides professional liability insurance products primarily to physicians, dentists, other healthcare providers and healthcare facilities through its subsidiaries. ProAssurance has significantly strengthened its position in the workers’ compensation market while increasing its focus on medical professional liability insurance and improving its size and scope in the MPLI space. ProAssurance is the third largest specialist publisher of liability insurance in the country for professionals and healthcare establishments.

The increase in new business written and high retention rates are expected to continue to generate premium income for ProAssurance. The NORCAL buyout continues to contribute a significant portion of the total gross premiums written. Its overall cost reduction initiatives strengthen operating margins and improve expense ratios.

ProAssurance’s net income has exceeded estimates in each of the past four quarters, with the average surprise being 233.34%. Zacks’ consensus estimate for 2022 earnings has risen 15.9% in the past 60 days. The expected long-term earnings growth rate is set at 7%. ProAssurance shares have risen 41.2% year-to-date.

Zacks investment researchImage source: Zacks Investment Research

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To avoid conflagration in Europe, US must boost Ukraine https://immo-gironde.com/to-avoid-conflagration-in-europe-us-must-boost-ukraine/ Sun, 26 Dec 2021 20:26:34 +0000 https://immo-gironde.com/to-avoid-conflagration-in-europe-us-must-boost-ukraine/

Russia uses tensions with Ukraine as threat while deploying “Putin’s Ultimatum,” a list of demands that includes the 1997 demilitarization of Eastern Europe beyond NATO borders and guarantees that Ukraine and Georgia will never be members of NATO. These demands appear to protect Moscow, but if accepted they can lead to the abandonment of the former Soviet states by the West and recreate an exclusive Russian sphere of influence from the Black Sea and the Baltic Sea to the Pacific. This is unacceptable and must be rejected.

After the December 7 teleconference between Presidents Joe Biden and Vladimir Putin, Russia refused to demobilize its military forces capable of invading and occupying Ukraine. By intentionally escalating the conflict, Putin appears determined to exercise his Brezhnev-era training and repeat the Soviet invasions of the 1950s-1960s in Hungary and Czechoslovakia.

It is up to Ukraine, its European friends and the United States to prevent Putin’s aggression by building defensive military strength and national resilience. The West, led by the United States, has already given massive aid to Ukraine. Since 2014, the EU and its financial institutions have mobilized more than $ 19 billion in grants and loans to support reforms.

Since 2014, the International Monetary Fund (IMF), also led by the United States, has approved $ 17 billion in aid to Kiev; and in 2020, the IMF approved a $ 5 billion eighteen-month standby agreement for Ukraine to help the country cope with the Covid-19 pandemic. Due to conditionality related to good governance and corruption, far from all international aid funds have been disbursed.

In addition, the United States has committed more than $ 2.5 billion in military aid since 2014. There are increasing calls from Capitol Hill to increase US military aid to Ukraine. The Senate this month passed the National Defense Authorization Act. It includes $ 300 million for the Ukraine Security Assistance Initiative, which provides support to the Ukrainian armed forces.

However, Ukrainian military preparation and internal cohesion are insufficient to prevent possible Russian aggression. Unlike countries which have built a territorial defense with massive trained and well-equipped reserves, such as Finland, Israel, Sweden and Switzerland; Ukraine relies mainly on the regular army and volunteer battalions, totaling less than 200,000 troops. But with reservations, Ukraine could mobilize more than 600,000 troops, making the price of war for Russia unacceptably high.

Ukraine also suffers from linguistic and cultural divisions between the pro-European West, and the East and South which are often bilingual Russian / Ukrainian. The turf war between political and business elites, and between some of them and President Volodymyr Zelensky, weakens national resolve. Even with his law degree and his skills as a TV actor / producer, Zelensky cannot solve all of Ukraine’s problems without national and international support. While the oligarchs often overstep the red lines of good governance, the time has come for unity in the face of a possible Russian invasion.

A person above all others undermines Zelensky’s national and international credibility and the West’s faith in Ukraine’s long-term future. Zelensky’s closest tycoon is his former business partner and owner of 1 + 1 TV channel Ihor Kolomoisky. On the eve of the 2019 election, Kolomoisky’s channel provided Zelensky with a powerful spokesperson who was crucial to his rise to the presidency. According to the Pandora Papers, Zelensky received multi-million dollar payments from the 1 + 1 channel into offshore accounts despite campaign promises to root out corruption.

U.S. media alleged at the time that the FBI was investigating Kolomoisky for possible financial crimes, including money laundering. In response, his lawyer, Michael Sullivan, claimed his client was innocent.

Kolomoisky and his associates are accused of embezzling billions of dollars from PrivatBank they previously owned to offshore banks and real estate, including in the United States. The United States has filed two civil forfeiture complaints based on violations of federal money laundering laws in the United States court for the Southern District of Florida. The United States alleges that commercial real estate in Louisville, Kentucky and Dallas, Texas was acquired by Kolomoisky and his partner Gennadiy Booliubov using funds embezzled from PrivatBank in Ukraine.

US prosecutors claim that the two men embezzled billions and obtained fraudulent loans and lines of credit until the scheme was discovered, and the bank was nationalized by the National Bank of Ukraine in 2016. According to the Financial Time, PrivatBank, which is now owned by the Ukrainian state, filed a lawsuit in Cypriot courts in 2020 seeking damages of $ 5.5 billion due to suspected fraud and money laundering which, according to the bank, were perpetrated by its former owners, Kolomoisky and Boholiubov. These legal proceedings bring the total of PrivatBank’s claims against Kolomoisky and Boholiubov in England, Cyprus, the United States and Israel to more than $ 10 billion.

Today, Kolomoisky is deeply involved in Ukrainian politics. Its allies would control the Ukrainian parliamentary faction For the Future in the Rada. The faction sometimes votes with Zelensky’s Servant of the People party. Recently, a vote on the tax code that benefited Kolomoisky’s mining interests was passed in the Rada. The final version of the bill does not include tax increases on Kolomoisky’s manganese ore. For Zelensky’s public image, it stinks of the old dictator adage: “To my friends, everything; to my enemies, the law.

As the New York Times reported that Kolomoisky advocates Ukraine’s rejection of the West and the IMF and return to Russia, Zelensky’s close ties with Kolomoisky seem particularly troubling.

Zelensky pushed through the “oligarchs law” that would strip media tycoons of media ownership and accused the country’s richest man, energy tycoon Rinat Akhmetov, of plotting a coup against him. No evidence of such a move has been offered. Zelensky’s inability to properly identify his allies and adversaries in the country will continue to erode support when Ukraine needs it most.

With Ukraine’s future in jeopardy, the United States and its European allies, working together, must take Ukraine’s defense and national resilience to the next level. To do this, military reforms must create a massive reserve force, train it and prepare it to resist potential occupation. Plus, it’s time to find common ground for the executive and big business to resist, not allow, the Russian threat.

The future of NATO and US security policy in Eastern Europe; and the independence, sovereignty and territorial integrity of Ukraine and other American allies in the region are at stake. We must do our best to avoid a major conflagration in Europe.

While in the US Army Brigade in Berlin, Col. Wes Martin (retired) worked directly with the Soviet Army and later in Iraq with the Ukrainian Army. He holds a master’s degree in politics and international affairs.

Image: Reuters.

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Who is the new Thai owner of Selfridges? https://immo-gironde.com/who-is-the-new-thai-owner-of-selfridges/ Fri, 24 Dec 2021 09:57:28 +0000 https://immo-gironde.com/who-is-the-new-thai-owner-of-selfridges/

Selfridges was bought out by a consortium led by Central Group, Thailand’s largest retailer, ending months of speculation with a deal struck days before Christmas.

The deal brings together Central Group and Austrian real estate investment company Signa Holding, which will own the chain in a 50-50 partnership. Financial terms of the deal were not disclosed, but it was previously reported that the dynasty behind the department store, the Weston family, had received an offer of £ 4bn ($ 5.66bn) for its properties in the United Kingdom.

Central Group has an extensive network of high-end shopping malls and malls in Thailand, Vietnam, Malaysia and India and has grown in Europe over the past decade. She bought nine La Rinascente department stores in Italy in 2011, followed by Illum department store in Denmark in 2015.

Its acquisition of Selfridges extends a series of long-standing partnerships with Signa. The two companies have teamed up to lead the German group KaDeWe, with Central Group acquiring a majority stake in the Berlin department store in 2015. 2020.

The annual turnover of their combined department store portfolio was 5 billion euros (5.66 billion euros at current exchange rates) in 2019 and is expected to reach more than 7 billion euros by 2024 .

The pair’s deal for Selfridges is by far their biggest deal yet.

The takeover also marks a new chapter for Selfridges, whose London flagship was founded in 1908. The Selfridges group’s portfolio now includes 18 leading department stores, including Selfridges in London, Manchester and Birmingham, from Bijenkorf in the Netherlands, Brown Thomas and Arnotts in Ireland, their associated e-commerce platforms and properties in London, Manchester and five locations in Ireland.

Since its acquisition by the Weston family in 2003, Selfridges has built a reputation as one of the most innovative players in retail. Despite having been strained by the collapse in international tourism brought on by the pandemic, Selfridges remains a highly prized asset for a player like Central Group looking for a crown jewel for its European portfolio.

A family business

At the heart of Central Group’s history is the Chirathivat family. Although the clan currently ranks fourth Forbes‘richest list in Thailand with an estimated net worth of $ 11.6 billion, it started small, when Tiang Chirathivat arrived from the Chinese province of Hainan to a nation then called Siam, and decided to open a store in Bangkok in 1927, calling it Keng Seng Lee.

In 1957, Tiang’s son Samrit extended his father’s legacy by opening Thailand’s first department store in Bangkok’s Wang Burapha district.

Today the business is overseen by Samrit’s youngest of eight children, Tos Chirathivat, the group’s managing director and a driving force behind its continued international expansion since taking the reins in 2013. Older brother Prin Chirathivat is the deputy general manager of the group and his sister Yuwadee Chirathivat. is an executive director of the company’s publicly traded Central Retail Corporation subsidiary.

In total, according to Dr Natenapha Wailerdsak of Thammasat University Business School in Bangkok, dozens of family members are now involved in the business, including members of the fourth generation.

The interests of over 150 family members are overseen by a 12-seat family council that advocates for the needs of family members, but is not involved in the management of Central Group.

Although Thailand has other large real estate and business developers, including Siam Piwat and The Mall Group, Wailerdsak says there is little controversy over Central Group’s position.

“In Thailand it’s the biggest,” she said.

Indeed, with four million square meters of net leasable area, 60 malls, 2,400 retail stores, 1,000 grocery stores and 48 hotels, it’s easy to see the footprint that Central Group has left on the landscape. commercial from his country of origin.

In recent years, it has also sought to update its business model, entering e-commerce through a $ 500 million joint venture signed with Chinese JD.com in 2017. Central Group was also there. ‘one of Southeast Asia’s main unicorn delivery funders, Grab, and has its own fintech division.

In February 2020, Central Group listed on the Thai Stock Exchange a subsidiary overseeing its retail holdings in Thailand, Vietnam and Italy. Central Retail Corporation raised more than 78 billion Thai baht ($ 2.5 billion) in the largest ever IPO in Thailand. Its current market cap is just over 199 billion Thai baht ($ 5.8 billion).

According to Wailerdsak, this was the first time that the group’s retail arm went beyond a family business (its hotel group has been listed for decades). She said the move could mark a new era in which the family could take a step back from being so actively involved in running almost every part of the group.

Another indication of this move has been the appointment of Yol Phokasub, the former head of Siam Commercial Bank, as managing director of Central Retail Corporation. According to Wailerdsak, it is Phokasub, rather than any part of the family, who has increasingly become the public face of Central since the Thailand IPO.

“I think that means they are thinking about how to move from a family business to a professional company in the future,” she said, adding that the future of the larger core group rests in large part. party on its next CEO.

“Tos Chirathivat is highly respected. He is very well known and he is very familiar with the Thai retail business. Central Group is growing internationally thanks to him and its future will depend a lot on who succeeds it, although we do not know who it will be, ”said Wailerdsak.

Whatever the future, the new owner of Selfridges will focus for the moment on proving that he is the competent keeper of a former UK department store.

“It is a privilege to acquire Selfridges Group, including the flagship Oxford Street store, which has been at the center of London’s most famous shopping street for over 100 years. As family-owned businesses, Central and Signa will focus on providing exceptional and inclusive shopping and digital experiences for local residents and overseas visitors, to ensure that we can give all Selfridges Group stores a future. radiant for the next 100 years, ”Tos Chirathivat said in a statement.

As the CEO of the Central Group notes in his post-acquisition comments, much of this short-term mission will be preparing for the return of international tourism, especially long-haul Asian tourism interrupted by the pandemic, which will provide revitalize all of its European activities in the years to come.

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Summary of Leadership Movements in Global Wealth Management https://immo-gironde.com/summary-of-leadership-movements-in-global-wealth-management/ Thu, 23 Dec 2021 19:50:18 +0000 https://immo-gironde.com/summary-of-leadership-movements-in-global-wealth-management/

A busy month of moves and appointments in the global wealth management industry

Tom Hall joined the private investment firm Sorbus Partners as a partner. Hall, who is an original co-founder of the company, left in 2014 for family business reasons.

Previously, he was a director of UBS Investment Bank and former CEO of diversified conglomerate Williams Industries. Previously, he was Global Head of Parts and Services at JCB, a Midlands-based multinational. Hall holds an MBA (merit) from London Business School.

Starwood Capital Group, the Miami, Florida-based private investment firm specializing in real estate and energy investments, has appointed David Matheson as Managing Director and Head of Real Estate for Europe. Matheson is responsible for finding and executing real estate acquisition opportunities across Europe. He is based in the firm’s London office. Prior to this move, Matheson spent eight years with Oxford Properties Group, a global real estate company. Prior to coming to Oxford, he spent more than a decade in European investment banking, most recently as an executive director at Goldman Sachs.

Crestbridge, the administration, management and corporate governance solutions company, has appointed Mike Edward as Chief Human Resources Officer. Edward has had a career in human resources spanning over two decades. He first joined Crestbridge as a consultant, tasked with managing a series of large HR projects.

Thorsten Hartmann was appointed head of the Julius Baer branch in Basel, effective April 2022. He was to replace Claude Scharowski, who had headed the office since it opened in 2000, and will retire in 2024. Hartmann has spent more aged 17 at Credit Suisse, working mainly in the Basel region. He was Head of Private Banking at HNWI Basel between 2013 and 2020, and until recently was Head of HNWI for Northwestern Switzerland at the bank.

Private market investment platform Titanbay has appointed former Barings Managing Director Gareth Read as COO to oversee further growth. He was previously Managing Director of Barings, responsible for the development and management of its European fund infrastructure. He later worked at AshGrove Capital as Director of Finance and Operations, and spent time in the audit and assurance team at Deloitte.

Ampla Finance, the UK-based legal finance provider, has appointed Natalie Player and Deborah Ward, both qualified lawyers, as Chief Commercial Officer and Director of Partnerships respectively. Ward and Player joined Novitas Loans, where they were account managers for the past four years.

Finance Isle of Man has appointed Paul Blake as the Head of Banking and Fiduciary Services for the Isle of Man Business Department based in Douglas. Blake was previously COO at Quinn Legal and DQ Advocates, two island-based law firms. Prior to that he worked as a senior executive in corporate banking at Lloyds Banking Group, also on the island.

Pictet Wealth Management has appointed Alexandre Tavazzi as Chief Investment Officer Asia. Until then, he was a global strategist and head of the CIO office for the company. Tavazzi, who is based in Hong Kong, continues to report to Cesar Perez Ruiz, Head of Investments and CIO, and locally to Evelyn Yeo in the additional role. He has worked in the Geneva group for 24 years.

IQ-EQ has appointed Edwin Chan as the new Commercial Director to lead its activities in UK and Ireland. Chan, who reports to John Legrand, regional CEO for UK, Ireland and Crown Dependencies, has spent two decades overseeing fund service launches for international banks in London, Bermuda and Hong Kong.

Former Virgin Management Chief Investment Officer Andre Ronsoehr has joined Seraphimas as Chief Investment Officer to drive the development of his Seraphim Space Investment Trust. Ronsoehr spent nearly a decade at Richard Branson’s family-owned Virgin Management office, where he co-led One Web’s seed investment in 2015 and helped fund Virgin Galactic and Virgin Orbit, working with the boards administration and C-suite teams from the three Branson spaces. companies.

Invesco made two appointments to its UK multi-asset team: Benjamin Jones, who joined as director of macro research, and Fabio Faltoni, as product director. Jones previously worked at State Street Global Markets, where he spent 15 years, first as an equity strategist and, from 2013, as a senior multi-asset strategist. Faltoni previously spent five years as a Multi-Asset and Macro Investment Specialist at Aviva Investors.

Carmignac appointed Apolline Menut as an economist specializing in the euro area. She is based in Paris and reports to chief economist Raphaël Gallardo. Menut joined Axa IM where she was a macroeconomist with a mandate similar to the eurozone. She started her career as a research assistant at the Massachusetts Institute of Technology Sloan School of Management, before joining Barclays in the European Economics Research department covering the euro area.

Calastone made three strategic hires: fintech champion and seasoned banker Ahsan Raza as CFO; McKinsey’s former associate partner Varun Atre as product manager; and CTO Paul Elflain as Head of Institutional Digital Marketing Sales.

Finance Isle of Man, an executive agency of the Financial Center Business Department, has appointed three new non-executive members of the board. They were Claire Milne, partner at Appleby and NED at Playtech and Zurich International; Dougie Elliott, Director at Sovereign Trust and Chairman of the Association of Pension Scheme Providers; Anne Couper Woods, Director of the Boston Multi Family Office (representative of the Association of Corporate Service Providers).

UK Financial Conduct Authority chairman Charles Randell has called on the government to find a successor. He planned to step down in the spring of 2022. Randell asked Rishi Sunak, Chancellor of the Exchequer, to start looking for a new president. Randell, who was appointed to the post in 2018 for a five-year term, was previously an external member of the Bank of England’s Prudential Regulatory Committee and a non-executive member of the Board of Directors of the Department of Business, Energy and Industrial Strategy.

Investment group AllianceBernstein strengthened its leadership in EMEA products and clients by appointing Honor Solomon to head EMEA retail and Mike Thompson to head the company’s global bond business development strategy.

Solomon joined Legal & General Investment Management, where she spent seven years as Head of Retail Distribution. She will oversee the strategy, management and distribution of AB’s retail operations in the EMEA region, and drive regional growth. She reports to the head of the global client group, Onur Erzan.

Janus Henderson Investors has hired two senior executives to its London-based investment trust team. Dan Howe has been appointed Deputy Director of Investment Funds and Oliver Packard Director of Investment Fund Sales.

Howe left JP Morgan Asset Management, where he was until recently Executive Director of Global Strategic Relations. He reports to Trust Chief James de Sausmarez. Packard joined Panmure Gordon, where he held a leadership role in investment fund sales. Prior to that, he spent more than five years as a sales manager in investment trust sales at Cenkos Securities PLC.

Aegon Asset Management has added three people to its responsible investment team. UK-based Andy Woods has been appointed as Responsible Investment Manager, supporting equity and multi-asset investment platforms.

Curtis Zappala joined us as a Responsible Investment Partner in the United States. Zappala was previously a member of the sustainability team at United Parcel Service. He has also held sustainability-related positions at SunShare and Growth International Volunteer Excursions. The third appointment was Jamie McAloon, a responsible investment partner in charge of equity and multi-asset investment platforms. He was previously at Abrdn, where he was a private equity finance analyst.

Crestbridge, the global administration, management and corporate governance solutions company, has appointed Conor O’Brien to lead the accounting and transfer agency. O’Brien has brought over 25 years of experience to his position, having worked in the fund industry, with particular expertise in developing services for private equity, real estate funds and other alternative structures.

Alternative investment firm Värde Partners has promoted Deputy Investment Directors Brad Bauer and Giuseppe Naglieri to join Ilfryn Carstairs as co-CIO. Both will share oversight of Värde’s global investment business alongside Carstairs, who is also co-CEO.

Based in London, Bauer joined Värde in 2007. He was appointed partner in 2013 and promoted to deputy IT director in 2019. Also based in London, Naglieri, who joined the firm in 2009, was appointed partner in 2016 and promoted to director computer assistant. in 2018.

ESG advisory and portfolio analysis specialist MainStreet Partners has made eight new hires. The firm has appointed Djolan Captieux as director and co-head of the department. Captieux came from FTSE International Limited (a LSE group company), where he was Global ESG Quality Manager. Simone Borsetti, Martina Castelli, Jaime Diaz-Rio Varez, Soner Hasan and Georgina Anne Tayler have joined the ESG research team. Bikiron Banerjee has been appointed senior IT partner to develop the MainStreet Partners digital platform. Banerjee has over 10 years of experience with investment firms and financial institutions.

International legal and professional services firm Ince has appointed Naomi Woods as a partner in its private wealth management practice. Based in the South West of England, Woods advises a range of clients with expertise in advising high net worth clients and business owners, particularly in the agricultural sector.

Oak Group, the private clients, business services and fund administration division, has appointed Paul Schreibke as Managing Director of Oak Funds Services in Guernsey. Schreibke joined Oak Guernsey in 2019, as Managing Director of Oak Trust (Guernsey) Limited.

ZEDRA, which provides enterprise, global expansion, wealth management and fund management solutions, has promoted six of its Guernsey-based employees:

Anna Youngjohns – Deputy Director;
Brian Vhiriri – Senior Account Manager;
Elizabeth Sayer – trusted agent;
Jade Lake Trust – administrator;
Robert De La Rue – trust agent; and
Simon Smith Senior – Trust Manager.

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Four YHA hostel accommodation buildings could be sold twice in 12 months https://immo-gironde.com/four-yha-hostel-accommodation-buildings-could-be-sold-twice-in-12-months/ Wed, 22 Dec 2021 01:27:00 +0000 https://immo-gironde.com/four-yha-hostel-accommodation-buildings-could-be-sold-twice-in-12-months/
The $ 9 million YHA hostel in Takapō / Tekapo opened in September 2019, sold out earlier this year, and is returning to the market.

Provided

The $ 9 million YHA hostel in Takapō / Tekapo opened in September 2019, sold out earlier this year, and is returning to the market.

Four of the 11 buildings containing hostels run by the Youth Hostel Association that closed in New Zealand in December, which will hit the market in February 2022, were sold earlier in 2021.

Wolf Herwegh Vonk, a Dutch businessman and recent New Zealand resident, and his company, Heredium Group, purchased YHA hostels in Takapō / Tekapo, Rotorua, Wellington and Wānaka in February 2021 under a deal to 35 year leaseback.

These four buildings are expected to join seven other YHA hostels in Auckland, Christchurch, Aoraki / Mt Cook, Queenstown (2), Franz Josef and Te Anau which will be sold by Colliers in February 2022.

Herwegh Vonk could not be contacted, but a spokesperson for Heredium in Auckland said The Timaru Herald “He is in Europe, and should return at the beginning of next year”.

READ MORE:
* Backpacker industry on the verge of collapse with a third of hostels and thousands of beds gone for good
* Youth hostel closures in Tekapo and Aoraki / Mt Cook are a double whammy for the Mackenzie District
* Victim of Covid-19: New Zealand Youth Hostels Association to permanently close 11 hostels

“I am not in direct contact with him,” said the spokesperson.

Hamish Doig of Colliers International, the sales agent, has generated a great deal of interest in hostels.

“We have responded to numerous calls nationally and internationally.”

Another YHA was sold in February and bought by a private investor. The sale of five hostels made the YHA about $ 30 million.

In a statement announcing the 11 closures, YHA, a nonprofit, said Auckland’s extended Covid-19 lockdown, and no prospect of an international visitor market this summer, created market conditions that placed them in an unsustainable financial situation.

“At the end of 2020, YHA completed a severe restructuring in order to bring the organization to an expected recovery period during the summer period of 2021/22, while continuing to maximize its domestic revenues.

“YHA New Zealand, which traditionally serves young international visitors, has doubled its domestic guest nights over the past 12 months as it has shifted towards more domestic groups and family stays.

“Unfortunately, this significant national growth was not enough to compensate for the loss of revenue from international customers.”

The 23 properties individually owned and operated by YHA continue to operate normally.

In 2020, Heredium purchased the seven-story Manawa Building in Oxford Tce, Christchurch, for $ 80 million.

The building is home to over 2,000 students from the Canterbury Ara Institute as well as education and development staff from the Canterbury District Health Council and staff from the University of Canterbury.

The Manawa building in Oxford Terrace near Christchurch Hospital purchased by Wolf Herwegh Vonk for $ 80 million in 2020.

Things

The Manawa building in Oxford Terrace near Christchurch Hospital purchased by Wolf Herwegh Vonk for $ 80 million in 2020.

Things said this was Herwegh Vonk’s first real estate purchase in New Zealand and would form the cornerstone of a portfolio he plans to buy in New Zealand.

Heredium also bought and sold commercial property at Auckland International Airport, posting an after-tax profit of 49.4%, and purchased Auckland’s largest waterfront penthouse.

The Heredium Group website states that the Herwegh Vonk company was established in the Netherlands in 1987 and has secured 50 real estate investment portfolios. Since 2005, she has been based in Switzerland.

“Due to the consistently declining returns at which properties are offered in Europe, Heredium’s geographic focus of investment since 2020 has spread across the world to New Zealand where we continue to seek out good quality properties. as part of our long-term strategy, ”the website said.

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The new Bordeaux classification in progress https://immo-gironde.com/the-new-bordeaux-classification-in-progress/ Sat, 18 Dec 2021 20:02:29 +0000 https://immo-gironde.com/the-new-bordeaux-classification-in-progress/ We could forgive the winegrowers of Saint-Émilion for thinking that it never rains, but that it rains.

If there’s one place a French winemaker would rather be than in the vineyard, it’s in court – or at least it looks like it.

At least two French wine quarrels have found their way into the corridors of justice this week and there have been plenty of other rum-related events in the wine world this week as well, as our roundup clearly illustrates. weekly.

The classification of Saint-Émilion 2022 is already a problem

Quickly at the risk of becoming (if not already) a parody of itself, the Saint-Émilion ranking was plunged into turmoil this week, with this time two areas seeking promotion in the future 2022 ranking by taking the organization Français des appellations (INAO) in court on Friday for the rejection of their candidate registration forms.

The dust is still settling from the confusion of the 2012 ranking – which, after a long quarrel, saw the bigwigs of the right bank Hubert de Boüard de Laforest convicted in October of “illegal bias” in his dual role both within of the classification jury, and as a consultant to wineries looking for promotion. The final ramifications of this have yet to be determined.

In addition, the upcoming 2022 ranking was upset last July with the announcement that the Ausone and Cheval Blanc châteaux, two of the oldest estates in the region (classified for decades at the top of the Grands Crus Classés A), were were withdrawing from the race. They were joined by the sister estates Château La Clotte and Château Quinaut L’Enclos.

Today, according to the site vitisphere.com, Château Croix de Labrie (owned by Axelle and Pierre Courdurié) and Château Tour Saint-Christophe (part of the Vignobles K group, owned by Hong Kong billionaire Peter Kwok) have transported INAO before a court in Bordeaux, challenging the earlier rejection of their candidatures for next year’s ranking.

The files revolve around the acquisition of additional wine lands contributing to the estates and their wines over the past ten years. “Château Croix de Labrie has increased its surface area by 300% since 2005 (from 2 to 5.4 hectares of vines, of which only 4.5 hectares are candidates for classification)”, specifies vitisphere.com. However, one lawyer pointed out, that doesn’t necessarily have to be an immediate disqualification.

“It is assumed that the expansion has a negative impact on the consistency of the wines and on their taste,” Chateau Croix de Labrie lawyer Stéphanie Verschave told the news site. “But that’s the point of a later tasting. Or we say that we can never expand.”

The INAO has an equally compelling argument, highlighting the leniency already accorded to properties in their permitted growth. In addition, the impact of the expansion of the vineyard on the prospects for classification of a domain is far from being ignored in the region.

It is difficult to know when the tragedy turns into a farce, but everyone agrees that all parties want the problem resolved quickly. A decision is expected next week.

In the meantime, will the oenology and wine trade diplomas from the University of Bordeaux soon have to offer a minor in law?

Languedoc spat goes to court

No more Gallic legal drama this week as the long-standing schism within the CIVL saw the protagonists finally enter the courtroom after months of recriminations.

Regular readers will recall that we attempted to summarize the case in early September (see point 4, here) – a thankless task given how much the dispute depends on procedure within the CIVL and historical arrangements, as well as fallout coinciding with the election of a new chef, Christophe Bousquet, in July.

At the time, the Union of Mediterranean Wine Companies (UEVM), part of which is to appoint members to the CIVL’s trading board, broke with 20 years of tradition and did not appoint any representative of canvassing companies within the group. The reasoning being (to the best that we can understand) that direct marketing companies did not specifically rely on the CIVL for their well-being and yet had a major representation in the functioning of the pan-regional organization.

This quickly saw direct marketing groups (which include Gérard Bertrand, Jeanjean and Bonfils – not exactly mom-and-pop outfits) explode, putting a number of regions and personalities in the fray. Many appellations (including Corbières, Malepère and Faugères) threatened to go it alone without the CIVL (they would join the already independent Minervois and Fitou) in case of confirmation of the decision of the UEVM.

To give you a taste of the case, the CIVL tries to distance itself from the movement of the UEVM, affirming that it is not aware of the latter’s decision-making. Meanwhile, the Regional Federation of Direct Traders has none of this, claiming that the CIVL does not respect its own statutes.

Add to all that the fantastic headlines “Compulsory Voluntary Contributions” that many direct traders pay to the CIVL, but which don’t necessarily give them a place at the CIVL table, and you get, in the words of the man who hears it. case, Marc Pouyssegur, “a complex question”.

While often remarkably tedious, the case could have wider ramifications across the country. If the direct marketing group were to succeed, the precedent would go against the current status quo in all other regional French wine trade bodies. If this fails, the CIVL is at greater risk of fractures.

“All the interprofessions are waiting for your decision,” said a lawyer.

“I could do without this honor,” replied Pouyssegur, who is due to deliver his deliberation in early February 2022. However, do not expect a resolution. According to vitisphere.com, an appeal is very likely, “which could start a real legal saga”.

Goodbye, Vinexpo Bordeaux

Created in 1981, the Vinexpo wine fair will no longer be held in Bordeaux, it was announced this week. While rumors have been circulating for weeks, the show’s organizers will rename it Bordeaux Wine Week for 2022, when it takes place from June 16 to 26 in a much revamped format.

This decision was announced Wednesday by the mayor of Bordeaux, Vinexposium (the organizing body of the show), the Bordeaux wine trading group (CIVB) and the Bordeaux Chamber of Commerce. This ten-day event will include the regional wine festival “Bordeaux fête le vin” as well as numerous events for the general public and tourists.

“Forty years ago, it was necessary to separate the professional from the staff,” said Rodolphe Lameyse, director of Vinexposium, to the French regional media France Bleu. “But today the two are intimately linked so they might as well bring them together. It’s not a revolution, it’s an evolution. We just won’t use the term Vinexpo Bordeaux so as not to confuse the international participants.”

By all accounts, it looks like the exhibition center – a large hangar north of the city of Bordeaux, just under a kilometer long – will no longer host the biennial fair (it was canceled in 2020 due to the Covid pandemic) with most of the exchanges devoted to the city’s Cité du Vin museum and convention center.

Those who need to stroll endlessly along the trade stalls and regional pavilions will always be able to find their dose at Vinexpo Paris, which will be held at the Porte de Versailles exhibition center from February 14 to 16. Vinexpo Hong Kong (scheduled for 2021 but also canceled due to the global pandemic) has been postponed to May 2022.

Ups and downs for Castilla-La Mancha

The large wine-growing region of central Spain, Castilla-La Mancha, saw production decline by around 20% year-over-year in 2021, a figure in line with declining yields in a large part of Europe as a result of spring frosts and generally unfavorable weather conditions throughout the growth. season this year.

The news was announced last week by Francisco Martínez Arroyo, Spain’s Minister of Agriculture, Water and Rural Development. While Martínez Arroyo admitted that this year’s wine production in the region would amount to 23 million hectoliters, it also announced the region’s highest export figures.

According to the regional agricultural newspaper Agroclm, in the 12 months preceding October 1, 2021, exports reached 17 million hectoliters of wine and must. It was “the highest number in our history,” said Martínez Arroyo. The reports highlighted strong performance for the Spanish region in the Canadian and Japanese markets.

Wines of Argentina launches in Brazil

Wines of Argentina, the national trade body and promotional arm of the South American country’s wine producers, announced this week the launch of an online wine store in neighboring Brazil. With the aim of capitalizing on one of the largest online wine shopping markets, the trade body announced that it is launching its own channel in the very popular Brazilian online market Mercado Livre Brasil.

According to a press release this week, the site now offers 125 labels from 33 Argentinian wineries, the vast majority of which are red wines – mostly Malbec.

“In 2020, Brazil was ranked third among countries with the most online wine purchases, according to data from Wine Intelligence,” the statement said, adding that Brazil is also the third largest wine export destination. Argentines.

“These new digital tools mark an important change in the field of promotion and the fact that Wines of Argentina has its own store in Mercado Livre Brasil offers endless possibilities to promote our qualities and allows us to reach a new audience”, a said Magdalena Pesce, Managing Director. Argentinian Wines.

Brigitte Macron thanks the students for the Burgundy wine auction

The First Lady of France, Brigitte Macron, wrote to a trio of students from Beaune to thank them for raising more than € 75,000 at a wine auction in May for the benefit of the Hospital Association de Paris (APHP), it appeared last week. According to local newspaper Le Bien Public, Macron, who is the president of the Association, told the group that the money would be used to provide rest areas for hospital staff.

The three students – Hubert Moret-Nominet, Clément Colin and Antoine Grisouard – raised 100,000 € during an auction of 180 lots of wines organized at the reception complex Le Hameau de Barboron (a regular wine tasting place ) in Savigny-lès-Beaune seven months ago. Among the lots offered were a bottle of Domaine de la Romanée-Conti Romanée-Saint-Vivant (auctioned for € 4,000) and a magnum of Vosne-Romanée Aux Brûlées Premier Cru from Liger-Belair (which brought in € 9,300).

One of the most surprising lots – a 1969 magnum from Leroy Savigny-lès-Beaune – was bought by Swiss businessman Constantin Schenker for € 7,500.

“It is an old wine and quite rare,” Schenker told Bien Public at the time. “I knew I wasn’t going to be able to find it anywhere else. It’s a unique bottle and I didn’t want to miss it, so I went for it.”

Although three-quarters of the total was donated by students to APHP, the sale was not entirely disinterested. The remaining quarter was devoted to the financing of an “educational activity” for students of the commercial trades program (which includes the auctioneers) of the Beaune wine school.

“It will probably be a trip to visit a place related to our training,” the trio said, without even providing a shortlist of intended destinations.

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