investment real estate

Philippine Condotel Properties being snap up by agile UK ...

"Rents which we thought we would get in two years we're getting now," said Beth Collingz, a managing director in Metro Manila of the Condotel Marketing arm of PLC Global Pinoy, the International marketing partner of Pacific Concord Properties Lancaster Brand of Condo Hotels in the Philippines.

Collingz expects rental income to rise 15 percent in the coming 12 months after gains of as much as 30 percent since January 2006, when Pacific Concord Properties Inc are set to launch Condo Hotel operations of their flagship Lancaster Suites located in the Ortigas business district in Metro Manila.

UK Private equity units of banks and investment clubs, driven in part by the current strength of the Pound Sterling in international trading, are being attracted by returns in the Philippines as much as double those in the United States and Europe, are purchasing significant blocks of real estate for investment trusts for Asian commercial property.

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AMB Generali, BMW, Deutsche Boerse, Thiel: German Stock Preview

March 14 (Bloomberg) -- The following stocks may rise or fall in German markets today. Stock symbols are in parentheses after the company names and prices are from the Xetra close today unless otherwise stated.

DAX futures expiring in March tumbled 103.50, or 1.6 percent, 6527.50 as of 8:17 a.m. in Frankfurt. The DAX declined 91.5, or 1.4 percent, to 6623.99 on the Xetra electronic-trading system yesterday.

AMB Generali Holding AG (AMB2 GY): Germany's fourth-biggest insurer will present fourth-quarter and 2006 earnings. Chief Executive Officer Walter Thiessen said in a Feb. 6 newspaper interview that premium income rose 4.7 percent last year. The shares lost 22 cents, or 0.2 percent, to 113.51 euros.

Bayerische Motoren Werke AG (BMW GY): The world's largest maker of luxury cars will release its 2006 annual report.

new nissan cars

Car buying not on the agenda (for some)?

Latest findings from the Sainsbury's Bank Car Buying Index, which tracks (on a six-monthly basis) the number of people planning to purchase a car, indicates a decrease in those planning to buy a car. The research suggests that 7.65 million people intend buying a car between March 2007 and August 2007, a decrease of 430,000 people from the previous index, which covered the period September 2006 to February 2007. Expectations are that 53.2 billion will be spent on purchasing cars within the next six months, 16.2 billion less than the previous six months stated in the previous index.

Steven Baillie, loans manager, Sainsbury's Bank, makes the point that for the first time in two years there has been a fall in the total anticipated spend on new cars. He adds that over the past four years, since the bank started the car buying index, there have been occasional dips in planned spend on cars, but this fall by 16.2 billion represents by far the biggest drop witnessed to date.

Shoes Wide Womens

Proper running shoe is crucial for success, comfort

If you're bewildered by racks of athletic shoes lining store walls, it's not surprising. But the right shoe is a must for those training for marathons or playing a sport, running or just walking for exercise.

"If you have a shoe that fits improperly or is worn out, you put yourself at risk for fatigue-type injuries," says Dr. Michael Shea, orthopedic surgeon at Indiana Orthopaedic Hospital.

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