On Thursday, CBRE Group Inc (NYSE:CBG)’s shares inclined 0.78% to $37.72.
London’s West End continued to be the world’s highest-priced office market but Asia dominated the world’s most expensive office locations, accounting for four of the top five markets, according to CBRE Group Inc (CBG)’s semi-annual Global Prime Office Occupancy Costs survey.
The study also found that the real estate recovery in the Emerald Isle (Ireland) remained on track, with Dublin (26.1 percent) and Belfast (13.3 percent) showing the largest and fourth-largest year-over-year prime occupancy cost enhances, respectively among the 127 cities surveyed. In North America real estate fundamentals remained strong with Seattle (Downtown), San Francisco (Peninsula) and Vancouver (Suburban) among the 10 markets with the fastest growing prime occupancy costs.
The change in prime office occupancy costs mirrored the gradual recovery of the global economy. Global prime office occupancy costs rose 2.0 percent year-over-year, with the Americas up 2.9 percent, EMEA rising 1.5 percent and Asia Pacific up 1.4 percent.
CBRE tracks occupancy costs for prime office space in 127 markets around the globe. Of the top 50 “most expensive” markets, 19 were in EMEA, 20 were in Asia Pacific and 11 were in the Americas.
CBRE Group, Inc. operates as a commercial real estate services and investment company worldwide. The company operates through Americas; Europe, Middle East and Africa; Asia Pacific; Global Investment Administration; and Development Services segments. It provides advisory services, such as planned advice and execution to owners, investors, and occupiers of real estate in connection with leasing, disposition, and acquisition of property; integrated investment sales and debt/structured financing services under the CBRE Capital Markets brand; and valuation services, counting market value appraisals, litigation support, discounted cash flow analyses, feasibility and fairness opinions, and property condition and environmental consulting, in addition to originates and services commercial mortgage loans.
Cadence Design Systems Inc (NASDAQ:CDNS)’s shares gained 0.70% to $20.16.
Cadence Design Systems, Inc. (CDNS) recently declared its participation at PCI-SIG Developers Conference 2015, to be held from June 23-24, 2015 in Santa Clara, California. Cadence plans to showcase its PCI Express® 2.0 multi-protocol PHY, PCI Express 4.0 SerDes, PCI Express 4.0 controller solution, in addition to the Indago™ Protocol Debug App.
Cadence Design Systems, Inc. develops, sells, leases, and licenses electronic design automation (EDA) software, emulation and prototyping hardware, verification intellectual property (VIP), and design intellectual property (design IP) for semiconductor and electronics systems industries worldwide. It offers functional verification products, counting logic verification software that enables customers to coordinate verification activities across multiple teams and various specialists for verification planning and closure; and system design and verification products for hardware-software verification, in addition to for system power exploration, analysis, and optimization.
At the end of Thursday’s trade, Xcel Energy Inc (NYSE:XEL)‘s shares surged 1.47% to $33.05.
Xcel Energy Inc (XEL)’s investment in clean energy is paying off for the customers and the communities it serves in eight Western and Midwestern states. The company has made noteworthy strides in sustainable energy and plans to expand on it in the future, according to its newly released 2014 Corporate Responsibility Report.
In 2014, 21 percent of the company’s energy supply came from renewable resources, three times what it stated in 2005. Xcel Energy’s efforts in this area will continue as it adds more wind and solar resources, growing renewable energy to an estimated 28 percent by 2020.
Xcel Energy presently offers customers nearly 150 programs to manage electricity and natural gas use. In 2014, the company’s customers saved 982-gigawatt-hours of electricity, enough to power more than 121,000 average-sized homes for a year, and more than 2.5 times the customer energy savings achieved in 2005. Natural gas customers also benefitted, saving 1.7 million dekatherms of natural gas in 2014. That is enough to fuel more than 20,000 homes for a year.
Xcel Energy Inc., through its auxiliaries, engages primarily in the generation, purchase, transmission, distribution, and sale of electricity in the United States. It operates through Regulated Electric Utility, Regulated Natural Gas Utility, and All Other segments. The company generates electricity using coal, nuclear, natural gas, hydro, solar, biomass, oil and refuse, and wind energy sources. It is also involved in the purchase, transportation, distribution, and sale of natural gas.
AerCap Holdings N.V. (NYSE:AER), ended its Thursday’s trading session with 0.47% gain, and closed at $47.08.
AerCap Holdings N.V. (AER) declared that it has signed a contract with Boeing for an order of 100 Boeing 737 MAX 8 aircraft with deliveries starting in 2019.
AerCap CEO Aengus Kelly stated that this order complements our existing order book in the single-aisle category and is in line with their customer needs and their fleet strategy of leasing the most in-demand and technologically advanced equipment. They see noteworthy market appetite for this aircraft type from their diverse customer base spanning about 90 countries around the world. At the same time, the transaction meets the strict criteria of their investment strategy with our ultimate objective to create value for their shareholders.
AerCap Holdings N.V., an independent aircraft leasing company, engages in the leasing, financing, sale, and administration of commercial aircraft and engines. The company provides aircraft asset administration and corporate services, counting remarketing aircraft; collecting rental and maintenance payments, monitoring aircraft maintenance, monitoring and enforcing contract compliance, and accepting delivery and redelivery of aircraft; and conducting ongoing lessee financial performance reviews.
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