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Despite Global Investor Unease, CEOs For Largest CRE Service Providers See Market Momentum Continuing In 2016

2016-02-11 07:19:00| National Real Estate Investor

Randyl Drummer <news@costar.com> The largest publicly traded commercial real estate services companies expect the strong market conditions that have buoyed property values and attracted record levels of investment to carry over into this year. read more

Tags: in service market global

Canadian love affair with Manhattan real estate seen continuing

2016-02-05 21:33:51| Real Estate - Topix.net

Feb 5 Strong Canadian investment in the Manhattan commercial property market is expected to continue this year after quadrupling and hitting a record level in 2015, real estate specialists said. Canadians accounted for almost a third of the $25.6 billion in foreign capital that poured into Manhattan commercial properties last year, with investment swelling to $8.3 billion from $1.97 billion a year earlier, according to data from Real Capital Analytics.

Tags: real love estate real estate

Australia: Marine turtles' nesting troubles attributed to continuing drought

2016-01-29 02:11:00| Climate Ark Climate Change & Global Warming Newsfeed

Australian Broadcasting Corporation: A Cape York environmental organisation has discovered Queensland's continuing drought is causing problems for marine turtles attempting to nest on an island in the northern reaches of the Great Barrier Reef. You would see turtles spending an hour, an hour and a half, trying to dig a chamber to lay their eggs in and just not making any progress because the sand was just too dry. In nesting seasons gone by, up to 40 female hawksbill and green turtles per night could be seen building their nests...

Tags: australia marine continuing attributed

Netflix sees strong customer growth continuing

2016-01-20 08:30:00| Telecompaper Headlines

(Telecompaper) Netflix reported better-than-expected customer growth at its international operations in the fourth quarter. The streaming video service added 4.04 million customers outside the US, more than the 3.5 million forecast, to reach a total of 30.02 million at the end of 2015. Customer growth in the US was slightly below expectations, at 1.56 million to 44.74 million. With a total 74.76 million streaming customers at year-end, Netflix added over 17 million customers in 2015. The company said it passed the milestone of 75 million customers on 01 January, and the recent launch in 130 more countries is expected to take it to over 80 million by the end of Q1 2016. Revenue in the fourth quarter rose to USD 1.67 billion from USD 1.31 billion a year ago, in line with the company's forecast. Net profit fell to USD 60 million or 10 cents a share from USD 65 million or 19 cents a share a year earlier due to losses in new markets and costs of original content. The loss at the international operations swelled to USD 109 million in the quarter, but was smaller than the company's guidance of USD 117 million. In Q1 the international loss is expected to increase further to USD 114 million.

Tags: customer strong growth continuing