Sampension completes office sale to JØP/DIP

first_imgVestas’ headquarters in Aarhus, now part of JØP/DIP’s property portfolioSampension cashes in on property strategySampension purchased the properties from Vestas, the main tenant, in February 2017 in partnership with Solstra Capital Partners.  Solstra has also sold its stake to JØP/DIP.The DKK266bn fund said its partnership with Solstra had “implemented a number of value-add activities and improvements, attracted new tenants and re-branded the entire complex”.Henrik Olejasz Larsen, investment director at Sampension, said: “Sales are now happening because we are in line with our business plan. As the market has also developed very favourably, we chose to sell the properties via a structured tender process to a number of selected Danish and foreign investors. “We can now look forward to a three-digit million profit in favour of customers in Sampension.”Following the sale, Sampension said it had invested DKK18bn in “properties and property funds both in Denmark and abroad”.Peter Winther, CEO at Colliers International, which advised on the transaction, said weaker economic growth meant there was “no reason for excessive optimism” about returns from property in 2019.“That said, we believe in a still quite healthy property market,” Winther said. “The demand for office, logistics and industrial premises is strong, and many investors want an increased allocation in these segments, where not much has been built in recent years.” “At a time when global equity markets are challenged, the property market is showing itself differently. Our property portfolio has yielded double-digit returns over the past year.”Svenstrup added that the two pension funds – which collectively manage DKK120bn (€16.1bn) – planned to increase their aggregate property allocation by as much as 50% over the next few years, from its currently level of approximately DKK6bn. Denmark’s Sampension has sold its stake in a Danish office complex in Aarhus to fellow pension funds DIP and JØP.The value of the two properties was not disclosed, but according to JØP – the Danish industry pension fund for lawyers and economists – the deal was one of the country’s largest commercial real estate deals conducted between pension funds.The buildings collectively have 62,000sqm of office space and have tenants including to Vestas Wind Systems, financial services company Alm Brand, and technology firms Cloudeon and Roku.Mikkel Svenstrup, investment director at JØP and DIP, the pension fund for Danish engineers, said: “For us, it is about ensuring that members have good stable returns on their pensions for many years to come. last_img read more

Marotta: ‘Conte still angry with Inter players’

first_imgBeppe Marotta has revealed that Inter coach Antonio Conte is still ‘very angry’ about Sunday’s home defeat to Bologna. Now at Inter Milan, Conte signed Moses on loan in January, much to the wing-back’s delight Inter threw away the lead to lose 2-1 to Bologna, prompting Conte to question his own future at the club, and Marotta admits feelings of ‘bitterness, disappointment and regret’ remain fresh. “Great bitterness and disappointment remains from not having bagged all three points, despite us playing excellently in the early stages of the game,” the Nerazzurri’s general manager told Sky Sport Italia. “In particular, we lament certain incidents, such as the missed penalty that could’ve put us 2-0 up.Advertisement “We can’t change what happened and there’s great regret on our part. Us managers, together with Conte, met to have the moment. read also:Lampard: West Ham loss shows why we aren’t contenders “Antonio has already started thinking about Thursday. He’s certainly very angry. “Conte’s criticism shows us what kind of character he is. In criticising himself, he showed he wants to achieve much more. “The Verona match is interlocutory for the journey we’re on, but it comes at a time when we have to show that we’ve drawn lessons from what happened yesterday.” FacebookTwitterWhatsAppEmail分享 Loading… center_img Promoted ContentBirds Enjoy Living In A Gallery Space Created For ThemTop 10 Enemies Turned Friends In TV10 Risky Jobs Some Women DoCouples Who Celebrated Their Union In A Unique, Unforgettable WayWhich Country Is The Most Romantic In The World?Portuguese Street Artist Creates Hyper-Realistic 3D Graffiti7 Reasons It’s Better To Be A Vegan10 Extremely Dirty Seas In The World9 Facts You Should Know Before Getting A Tattoo90s Stunners Who Still Look Gorgeous7 Ways To Understand Your Girlfriend BetterA Hurricane Can Be As Powerful As 10 Atomic Bombslast_img read more

Support slips for Gov Brown’s tax measure

first_imgSupport for Propositions 30 and Proposition 37 is falling among California voters, according to a USC Dornsife/Los Angeles Times Poll released Thursday.Only 46 percent of respondents said they were in favor of Prop. 30, Gov. Jerry Brown’s tax initiative, marking the first time support has fallen below the 50 percent margin. Prop. 37, which would require foods containing genetically modified ingredients to be labeled, dropped to garnering 44 percent support from California voters.Prop. 30, which would raise revenue for public education and public safety by temporarily increasing the state sales tax by one-quarter cent and raising personal income taxes on citizens who earn more than $250,000 a year, has continually declined in the polls from a level of 61 percent support in March. Experts, such as Dan Schnur, the director of the USC Dornsife/Los Angeles Times Poll and the Jesse M. Unruh Institute of Politics, attributed this decrease in support to the public perception of the state government.“Governor Brown has successfully convinced voters that more spending on the state’s public schools is a good thing,” Schnur said. “What he has yet to do is convince them that state government can be trusted to spend their tax dollars wisely.”Additionally, Drew Lieberman of the Democratic polling firm Greenberg Quinlan Rosner, which helped conduct the poll, said that though voters want to protect education, they do not have enough trust in the measure.“Nobody likes to cut education,” Lieberman said, “but there is a lack of trust as to how the money will be allocated.”Schnur also said a large amount of negative advertising by proponents of Prop. 38, the direct competitor with Prop. 30, could have hurt its approval. Similarly, experts said negative messaging directed at Prop. 37 knocked it down in the polls.“The most significant driving force behind this shift is the amount of money that the opposition has put into the campaign,” Schnur wrote on the Dornsife website. “When voters hear a message so much more strongly from one side than the other, it’s not surprising to see the poll numbers move like this.”The USC Dornsife/Los Angeles Times Poll is conducted at regular intervals. The poll, which was conducted by Democratic polling firm Greenberg Quinlan Rosner and Republican polling firm American Viewpoint, surveyed 1,504 registered California voters.last_img read more

Inside the Dodgers: 5 takeaways from Andrew Friedman’s postseason press conference

first_imgFriedman doesn’t make knee-jerk reactive moves. Anyone who thought Roberts would lose his job over this must have missed that memo. Yet just because Roberts doesn’t lose his job doesn’t mean the end of Game 5 has no practical implications for the manager. He might get a new bench coach (more on that in a bit). The template for Roberts’ analytic cheat sheet in the dugout might change. Something about it probably should change, because Roberts’ opinion of Clayton Kershaw seems, well, less than current.2. The coaching staff will change.Rick Honeycutt will not be the Dodgers’ full-time pitching coach in 2020. He’ll transition into a special advisor’s role. The last couple years were difficult on Honeycutt physically, and he certainly would have preferred to exit with a championship ring. I would caution against thinking of this as an “exit,” however. Much of a pitching coach’s job can be performed by analyzing frame-by-frame video of a pitcher’s delivery, in games and in bullpen sessions. It serves as a surrogate eye, one that is more accurate than a human’s. Honeycutt can review that video for the Dodgers’ pitchers from wherever he chooses to spend his semi-retirement.The interesting part here is how much influence Honeycutt will have in 2020. Let’s assume the next pitching coach is Mark Prior – a safe bet, considering Friedman was willing to publicly say so Monday. How much video review will be delegated to Honeycutt? How much will pitchers incorporate his feedback in-between their starts? Will Honeycutt get video of every starting pitcher’s bullpen sessions?Bob Geren might not be back, either. He is a candidate for the managerial vacancy in San Francisco. 3. It doesn’t sound like Russell Martin is coming back.David Freese already retired. Rich Hill, 39, and Russell Martin, 36, are getting up there in years, but both have indicated they want to play in 2020. “Russ came in and fit a role extremely well for us – just great veteran presence,” Friedman said. “Did a lot for Barnesy, did a lot for Will Smith. At this point, I think with our catching depth it’s a more difficult fit, but that doesn’t mean things won’t play out in a different way.”If I could pull up what Friedman was saying about Chase Utley in November 2017, I imagine it would sound more similar than different to what he just said about Martin. Utley waited to re-sign until Feb. 13 of the following year, days before position players reported to spring training. Similarly, a lot of dominoes would have to fall to bring Martin back, and that might take four months – if those dominoes fall at all.4. Kenley Jansen’s status is questionable.The question was pretty straightforward: “Do you guys go into the offseason thinking Kenley Jansen is still your closer, or is that a place where you might make changes?” The first words out of Friedman’s mouth: “I’m not sure.”The POBO went on to hedge a little, saying “my sense sitting here is that Kenley will be our closer” in 2020, but we were already into some interesting weeds. Jansen signed an $80 million extension prior to the 2017 season. He can opt out of that contract as soon as the World Series ends, leaving two years and $38 million on the table. That seems like an unwise choice for a pitcher who blew eight saves and was limited to five batters in the five-game series against the Nationals. From a cynical point of view, Friedman’s tepid vote of confidence could be seen as a means of encouraging Jansen to opt out. (He won’t opt out.)If anything, it’s easier now to see the Dodgers making a play for a closer this offseason. Aroldis Chapman and Sean Doolittle can opt out of their contracts like Jansen. Will Smith, Daniel Hudson and Sergio Romo are becoming free agents. The Dodgers are gaining about $40 million in flexibility because of the expiring contracts of Martin, Hill, Ryu and Matt Kemp(!), so they can certainly spend on a new closer, either via free agency or via trade, if they choose to.5. Early exit ≠ bigger roster changes.Friedman is open to bringing back the same group in 2020. Or not.“I think we have a really talented core group of players returning,” he said. “I think we have depth in areas that we can make trades. I think we have financial flexibility. I think as we sit here today, as a jumping off point for the offseason, I think it’s a really good position to be in. We’re not closing the door on anything right now and we have to go into it very open-minded, open to changing the complexion a little bit. That doesn’t necessarily mean we will, but I feel like we have to really look at that and figure out what we think is best, to put us in the best position for 2020 and beyond.”-J.P.Editor’s note: Thanks for reading the Inside the Dodgers newsletter. To receive the newsletter in your inbox, sign up here.More readingBack, back, back – Friedman expects his own contract to be finalized within days.In the running – Hyun-Jin Ryu is a finalist for the MLBPA’s comeback player of the year award.Rather see me in the ’pen? – Ice Cube thinks the Dodgers need more black players.Money can try – Should the Dodgers throw a ton of money at Gerrit Cole and/or Anthony Rendon this offseason? How starters got their groove back – Via Jared Diamond and Brian Costa in the Wall Street Journal: “After years in which a growing reliance on relievers showed the new path to October glory, this postseason is proof of something else: The other way can still work.” Analyze that – The St. Louis Cardinals’ analytics department found that baseballs are flying 4 ½ fewer feet on average in the postseason. (Friedman said he did not ask his analytics department to investigate this.)Legal fallout – What can the legal system do to the Angels and their employees after Tyler Skaggs’ death? Among other things, writes Sports Illustrated’s Michael McCann: “If (Angels) players are engaged in the illegal purchase of drugs, they could be charged with crimes, as could those who sold them drugs.” Newsroom GuidelinesNews TipsContact UsReport an Errorcenter_img Editor’s note: This is the Oct. 15 edition of the Inside the Dodgers newsletter. To receive the newsletter in your inbox, sign up here.Dodgers president of baseball operations Andrew Friedman addressed the media for 28 minutes Monday morning. You can watch the complete press conference here. It’s not mandatory viewing before diving into this newsletter, though I’ll try to expand on some things Friedman said, and some things he left unsaid. The major takeaways:1. Dave Roberts is returning.In last Thursday’s newsletter, I went to some length to demonstrate that Roberts’ head-scratching decisions in the NLDS were mostly (if not entirely) limited to the end of Game 5. “The final three innings Wednesday cannot make the first 43 innings of the series disappear,” I wrote. The last person who needed this perspective on Roberts’ managing skill was Friedman. “Frankly, I was surprised by the question,” Friedman said of Roberts’ job security.last_img read more


first_imgGAIRMSCOIL CHÚ ULADH is holding its 5k this Friday.There’s also a mile event for the less well trained!Registration is from 11am….a nice way to start the Easter holidays.  GAIRMSCOIL CHÚ ULADH 5K THIS FRIDAY was last modified: April 8th, 2014 by John2Share this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window)last_img