REAL ESTATE

Real estate continues recovery in Q4

BY Katherine Boccaccio

Los Angeles — CBRE Group reported Thursday that, despite sluggish economic growth, the U.S. commercial real estate market remained on a recovery path in fourth quarter 2012.

The retail availability rate declined slightly to 12.8%, down 10 bps compared with the previous quarter.

“The broken record of slow but positive progress toward a real estate recovery continues to repeat,” said Jon Southard, managing director of CBRE’s Econometric Advisors Group.

CBRE said that retailers remain wary of taking on substantial amounts of new space but the slow decline in availability continued with the rate falling to 12.8% in fourth quarter 2012, down 30 bps compared with the rate one year ago. A majority of the retail markets recorded either flat or declining availability rates compared with one quarter ago. Some notable performers were Denver, Cincinnati, Fort Worth, Kansas City and Minneapolis; each of these markets recorded a decline of at or above 60 bps. On the other end of the spectrum, markets such as Tulsa, Long Island and Bakersfield recorded increases in availability rates of at or over 50 bps in fourth quarter 2012.

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duyentran607 says:
Apr-20-2013 10:55 pm

Chatrandom.com
“The broken record of slow but positive progress toward a real estate recovery continues to repeat,” said Jon Southard, managing director of CBRE’s Econometric Advisors Group.Chatrandom.com

P.Lopez says:
Apr-10-2013 10:39 am

chat random
Some notable performers were Denver, Cincinnati, Fort Worth, Kansas City and Minneapolis; each of these markets recorded a decline of at or above 60 bps. chat random

P.Lopez says:
Apr-10-2013 10:39 am

Some notable performers were Denver, Cincinnati, Fort Worth, Kansas City and Minneapolis; each of these markets recorded a decline of at or above 60 bps. chat random

A.Ansel says:
Mar-07-2013 01:50 pm

Another definition describes
Another definition describes retail space planning as the study of the distribution of space allotted to particular categories in relationship to their productivity and their inventory balances. Still another definition characterizes the term more literally and refers instead to store fixture layouts.cimaises

A.Ansel says:
Mar-07-2013 01:50 pm

Another definition describes retail space planning as the study of the distribution of space allotted to particular categories in relationship to their productivity and their inventory balances. Still another definition characterizes the term more literally and refers instead to store fixture layouts.cimaises

B.Barnaby says:
Mar-04-2013 09:56 pm

A person who is wanting to
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B.Barnaby says:
Mar-04-2013 09:56 pm

A person who is wanting to buy a new house or property oftentimes works with some financial institution, mortgage broker, or perhaps a a real estate broker. But the truth yet still remains to be that a home buyer can easily talk directly with the actual current home owner. click here

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FINANCE

Uniqlo parent records 17% leap in Q1 profit

BY Staff Writer

New York — Fast Retailing Co., parent to the Uniqlo chain, reported Thursday that net income for the fiscal first quarter jumped 17% to $644.3 million, boosted by strong same-store sales at Japan Uniqlo units.

On Wednesday, the company announced that Uniqlo will continue its U.S. expansion strategy by opening two new mall locations in New York.

The company has raised its annual profit forecast.

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OPERATIONS

J.C. Penney selects Microsoft Office 365 to elevate service, communications

BY Katherine Boccaccio

Redmond, Wash. — Microsoft announced that J.C. Penney is rolling out Microsoft Office 365 as part of its effort to simplify and modernize technology solutions.

"In selecting a cloud solution, we were looking for a partner who would support our goal of becoming America’s favorite store," said Kristen Blum, chief technology officer, J.C. Penney. "And when we realized that we could improve customer service even more by providing cloud-based collaboration tools to increase communication between team members, it was easy to choose Microsoft and Office 365."

Office 365 is intended to improve remote access for employees and increase communication between stores, allowing team members to work seamlessly with colleagues at other locations while assisting customers.

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May-24-2013 09:09 am

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May-24-2013 09:10 am

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May-24-2013 09:09 am

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Mar-08-2013 06:47 am

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This is indeed a good news, especially in the business industry. This seems to a better way to allow faster and easy communication among enterprises. - Kale Flagg

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