Tytan International, a nationwide supplier of industrial and agricultural products, took occupancy of 28,500 square feet in Levey Group’s Northwest Place Industrial Park II, an eight-acre business park with frontage on West Little York and North Houston Rosslyn in northwest Houston. Another 36,350 square feet in the building remains available for lease. Levey Group plans to develop two additional buildings in the park and is offering sites for sale or build-to-suit projects. … [Read more...] about Real estate transactions: Greenspoint office building changes hands
Derivative market transaction
By S.S.S. Kumar and Aravind Sampath The date: 5 February 2034. In two days’ time, Krishnan Murthy retires after 30 years of service. He has liquidated the equity portion of his retirement savings in the New Pension Scheme (NPS). When he checks his bank balance, he is shocked to find that the amount credited is Rs 5 lakh less than what he had anticipated. Till last week, the equity portion of his NPS corpus was worth Rs 50 lakh. But only Rs 45 lakh is showing in his account. Murthy calls up his NPS fund manager to know what’s wrong. The manager explains that the market fell 6% over the past week due to a mix of the global oil crisis and local budgetary policies. Although the reasons for the decline are normal enough, Murthy bears the brunt of the market agony and loses Rs 5 lakh in the process. Can investors avert risk?Murthy’s story could be that of any investor because risk and expected returns are inseparable. The regulator is yet to wake up to this possibility. … [Read more...] about How safe are market-linked products like the NPS?
Despite the campaign against speculation, Chinese cities struggling with slowing sales and rising inventories have been devising creative plans to cushion their markets, testing Beijing’s willingness to let them fall back on an old growth engine in weak economic times. … [Read more...] about Chinese cities get creative in steadying cooling property markets
LONDON (Reuters) - Britain’s housing market got a boost from Prime Minister Boris Johnson’s big election win in December, a survey showed on Thursday, a pick-up that will be noted by the Bank of England as it considers whether to cut interest rates this month. … [Read more...] about UK housing market gets a boost from election: RICS
The FiinGroup report said low foreign cash flow was a main factor in last year’s liquidity drop. Over the whole year, foreign investors net bought VND7.3 trillion ($313.75 million) worth of shares on all exchanges, the lowest net buy in the past three years, of which VND5 trillion ($214.9 million) alone were of VIC shares of Vingroup, Vietnam’s biggest private conglomerate. … [Read more...] about Vietnam stock market could recover liquidity this year