The property sector shows optimism

Posted by admin on March 18th, 2010

Meeting this week in Cannes to show the real estate professionals around the world were rather optimistic, anticipating economic recovery, after having faced the most serious crisis the industry since the mid 90s.

The total investment in real estate business in 56 major countries is expected to jump 30% to 478 billion dollars (362 billion euros) this year compared to 2009, low point of the crisis, after a dive 23% in one year, according to a study by Cushman & Wakefield Council. Including a forecast bolstered by the outcome of the Director General of the International Monetary Fund, Dominique Strauss-Kahn, who said Wednesday that global economic recovery was "better than expected, with 4% projected growth this year after a recession in 2009.

But "if the economies of Europe, Middle East and Africa emerging from recession, economic recovery will not be uniform in these regions, warns a study by Jones Lang LaSalle board. However, with the hope of restarting the economy, coupled with the attitude of banks willing to finance new projects demonstrating good profitability, the construction sector seems to go back online payday advance !!!???!! !???!!!.

A tower of 37 floors of Defense

The French bank Societe Generale has thus acquired the rights to build a tower of 180 meters and 37 floors in La Defense, the largest European business district, located in the northwestern suburbs of Paris."This is a strong indicator of release of the housing crisis", said to AFP Philippe Chaix, Director General of EPAD, public planning of Defense.

The same optimism prevails as well in Montreal, on the North American continent, to Barcelona in Spain, yet one of the countries most affected by the crisis although it was most struck residential property.

The 21st International Market Professionals Real Estate (MIPIM) in Cannes hosted 18,000 participants (exhibitors and visitors), from 78 countries, the same number as in 2009 but down 36% compared to 2008, according Nadine Castagna, Director of MIPIM. To confirm whether the recovery is quite the appointment in 2010, professionals will meet from November 10 to 12 at MIPIM Asia in Hong Kong.

easyJet considers penalized by ADP

Posted by admin on March 18th, 2010

It's a tradition. The low-cost companies stigmatize the benefits of the former national companies who claim themselves of differential payroll with low costs.

The Association of European low-cost airline called in Brussels on Wednesday to launch an investigation into state aid granted to Swedish companies SAS, Malev Hungarian, Czech and Spanish Spanair CSA. In France, it was easyJet, which folded this year on Wednesday, declaring that the new policy of economic regulation that prepares Aeroports de Paris (ADP) continues a tradition of support to Air France.

ADP, which froze the royalties in 2010, proposes an average increase of 1.38% per annum from 2011 to 2015. But the freezing of airport charges in 2010 because of the crisis, conceal lower landing fees and parking a share, offset by an increase in passenger fees other."This pricing policy penalizes low-costs that have high rates of filling and favors Air France going for her clients in aircraft to three quarters empty for the lead on its hub," explains Fran?ois Bacchetta, CEO of easyJet in France. He said the British company pays royalties for a larger Paris-Toulouse full 85% Air France aircraft with a full 70%.

Competition with Air France

Questioned on the subject, ADP recalls having spent half of its 3 billion euro investment from 2006 to 2010 in the development of its terminals. "It is normal that the passenger charge to follow this evolution," said a spokesman of the group.

The British company also points a possible loss of the French network.The maintenance of this system of royalties could, she said, forcing her to abandon branch lines, more economically risky and focus on the most profitable routes in direct competition with Air France.

This strategy of direct competition with Air France is special easyJet, unlike Ryanair, which focuses on regional airports and routes not served by Air France. easyJet has opened a dozen roads in France since the beginning of the year and announced it will always profit at the end of the year.

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