Office Market Analysis
|
|
- Brianna Atkinson
- 6 years ago
- Views:
Transcription
1 Q Western Cape Office Market Analysis
2 Contents Highlights 1 Summary 2 Statistics 2 Climate 3 Supply 4 Demand 5 Vacancies 6 Prognosis 8 Office Market Analysis Q Western Cape Colliers International South Africa
3 Report Highlights The office market in Q2 was characterised by slight to minimal growth in demand due to the overall stagnant nature of the market. Vacancy rates have improved, and rental rates overall saw a slight increase only, with Grade P stock however, showing a more significant upward move, when compared to Q Despite a slight strengthening in the Rand in Q2, the economy overall remained under pressure, as a result of hiked interest rates, prolonged strikes, and South Africa s sovereign credit rating downgrade all factors that negatively impacted investor and business confidence. 1 Office Market Analysis Q Western Cape Colliers International South Africa
4 Report Summary Summary Statistics Colliers International South Africa's Q Office Market Analysis provides a brief overview of the key factors impacting the Western Cape office market and future prognosis for the market. The analysis focuses specifically on the Cape Town area within the Western Cape. Western Cape Y-O-Y Change 20 Y-O-Y Change 0 Y-O-Y Change bps Y-O-Y Change 100 bps Prime Gross Rent (R/m²) Prime Yield (%) Overall Vacancies (%) Grade P Vacancies (%) 2 Office Market Analysis Q Western Cape Colliers International South Africa
5 Macro-Economic Climate Q saw inflation in South Africa hit 6.6% - the highest rate seen in almost five years. The South African Reserve Bank (SARB) expects it to continue to rise until 2015 on the back of continued currency weakness, exchange-rate induced petrol and food price hikes, and weak growth in the domestic economy. INFLATION 6.6% Late Q2 saw South Africa s sovereign credit rating downgraded its first credit rating downgrade in nearly two years. The country now sits on BBB status, which puts its foreign debt rating at the lowest investment grade just a notch above junk status shunned by many investors. Analysts warned that if government fails to implement the National Development Plan (NDP) sooner rather than later, South Africa could be at risk of further downgrades over the next 18 months, thus losing investment grade status. RATING BBB Recently the rand has strengthened from Q lows, this however was as a result of increased global risk appetite, rather than a positive reassessment of South Africa s fundamentals. SARB s Monetary Policy Committee (MPC) has cited major domestic risks such as unreliable electricity supply and labour relations (most recently the five month-long platinum mining sector strikes), as leading factors which undermined investor confidence and drove unemployment. The South African economy also still remains vulnerable to changing global expectations of US monetary policy, and investors appetite for risk. China s growth picked up momentum in Q2 of this year, with the country s GDP growing by 7.5%. This could prove to have a positive impact on South Africa in the coming months. South Africa s composite leading economic indicator (LEI), as published by the South African Reserve Bank monthly, remained unchanged at the beginning of Q2 2014, but annually fell by a further 1.5%, after an annual decline of 2% in late Q These trends suggests that the South African economy is losing momentum and will remain under pressure in coming months. LEI 2% Q Q Q Q It is unlikely however, that South Africa will experience an outright recession. In contrast to domestic weakness, the global economic environment continues to improve, which suggests that the local economy could receive a slight lift from global conditions over the course of GLOBAL ECONOMY GDP GROWTH7.5% 3 Office Market Analysis Q Western Cape Colliers International South Africa
6 DEVELOPMENT SIZE (m 2 ) Supply At the end of the second quarter of 2014, the total office stock in Cape Town stood at approximately 2,300,000m 2. The main office locations included the CBD which comprised 38% of existing supply, and Bellville and Century City which represented approximately 24% and 12% of the total stock respectively. There is currently ±150,000m 2 of office space under construction in Cape Town, with the biggest ongoing investment being Bridge Park (±18,000m² of leasable area) in Century City. Please refer to Fig 1 below for a selection of ongoing construction projects in Cape Town. Fig Century City EXPECTED COMPLETION - Q Century City EXPECTED COMPLETION - Q Sea Point EXPECTED COMPLETION - Q Cape Town CBD EXPECTED COMPLETION - Q Cape Town CBD CHEVRON BRIDGE PARK REGENT SQUARE TOUCHSTONE HOUSE ROELAND PARK WORLEY PARSONS WATERVIEW TWINELL BUILDING PALS BUILDING 22 SOMERSET STANDARD BANK CENTRE Fig. 1 above shows a selection of Western Cape office developments currently under construction. This is a sample list and not fully indicative of the market as a whole. EAGLE PARK PHASE 2 Tyger Valley Century City Cape Town CBD EXPECTED COMPLETION - Q Salt River Green Point Cape Town CBD EXPECTED COMPLETION - Q Montague Gardens 4 Office Market Analysis Q Western Cape Colliers International South Africa
7 Demand Leasing activity in Cape Town in Q2 this year demonstrated slight movement but minimal growth as a result of a stagnant market overall. When compared to Q2 2013, the last quarter saw an increase in activity in Century City and the V&A Waterfront, and Claremont was seen to rebound strongly. Q has also seen the emergence of a more educated, prudent tenant when compared to the previous year. Tenants are comparing costs more aggressively and appointing brokerage firms more regularly, in a market where they are spoilt for choice when it comes to available office space. Lead times to conclude deals in Cape Town in the last quarter has also proven to be very drawn out, as a result of a lack of urgency in the office market in general. Notable new deals and renewals in Cape Town from this last quarter included, but are not limited to: MTN Head Office, Heron Place Century City 6,000m 2 Renewal MontClare Place, Claremont 6,500m 2 Renewal Belmont Office Park, Rondebosch 6,000m 2 Renewal Ex CityVarsity Building, Gardens 2,200m 2 New Deal The average deal size for Q2 in the Cape Town area was approximately between 200m 2 250m 2. AVERAGE DEAL SIZE R200/m 2 CAPE TOWN AREA R250/m 2 5 Office Market Analysis Q Western Cape Colliers International South Africa
8 Vacancies National Snapshot In Q2 2014, the overall national office vacancy rate was at 11.3%. This rate has doubled since mid At an average gross rental of R85/m 2, this translates into more than R1 billion of lost rental per annum. Asking rentals are 1.9% lower than Q2 2013, this drop is indicative of a tough current letting environment that is focused on tenant retention. Overall vacancy rate nationally remained high in Q2 2014, and is still increasing, which is weighing on asking rental growth. This quarter saw a net area of 72,591m 2 vacated, of which 119,000m 2 was let, and the balance added to stock. Nationally, prime vacancies continued to increase at an alarming rate in the last quarter up to 8.5% from 0.5% in Q There is currently 83,000m 2 of unlet prime space significantly up from 4,000m 2 recorded at the end of Speculative new developments are behind the prime increase, with Sandton, Johannesburg responsible for the bulk. The Cape Town CBD also drove prime increases well in Q2 this year. A and B-grade vacancies have remained sticky and have been trending sideways since The A-grade segment ended the quarter at 8.4%, while B-grade vacancies continued to stabilise around the 13% mark. The vacancy rate of C-grade officers remain high, but has started to normalise, albeit off a high base. NATIONAL VACANCY RATE NET VACATED AREA UNLET PRIME SPACE A-GRADE SEGMENT 11.3% 72,591m 2 83,000m 2 8.4% 6 Office Market Analysis Q Western Cape Colliers International South Africa
9 Cape Town Cape Town s office vacancy rate was recorded at 9.7% at the end of Q This was slightly down on Q1, but up on the previous 12 months. During Q there were improvements across most areas, which resulted in Cape Town s regional vacancy rate declining by 50bps. Century City recorded the largest decline in vacancy rate, with a 140bp decline to bring vacancies in that area to 5% at quarter end. VACANCY 9.7% Q CENTURY CITY 5% Q Q Rental Rates In Q2 this year, office rental rates for Grade P space in Cape Town was R180/m². Grade A space was trading at R120/m² and Grade B at approximately R 90/m². Please refer to the graphics below for the average gross rental rate bands for each office grade for Q2 2014, compared against Q GRADE P GRADE A GRADE B Q Q Q Q Q Q R80/m 2 R90/m 2 R110/m 2 R120/m 2 R150/m 2 R180/m 2 The CBD Grade P office situation has been impacted heavily by the completion of Portside, the new tallest office building in the city. Nearly 30% of its 50,000 m² is still available, and will take some time to tenant. The Landlord will need to compete hard to attract the larger tenants whose first choice appears to be to position themselves at the V&A Waterfront when selecting a location comparable to the CBD. 7 Office Market Analysis Q Western Cape Colliers International South Africa
10 Market Prognosis The Cape Town office market remains under pressure for the foreseeable future. The demand for top level office accommodation has been steady, and this should continue throughout Corporate clients as well as several of the major law firms require modern and efficient office environments, and are ready to invest in the right spaces. The legacy office space in Cape Town with older building facilities and inefficient floor plates, drag down the overall picture for the office sector. The overall economic environment in South Africa does not look positive enough to affect a rapid change in the office sector performance in the Cape Town metropolitan area. Report Sources: Colliers International Growthpoint Properties Investment Property Databank (IPD) JICA Research Institute Nedbank Redefine Properties South African Property Owners Association (SAPOA) South African Reserve Bank (SARB) Stanlib Statistics South Africa Trading Economics The Wall Street Journal 8 Office Market Analysis Q Western Cape Colliers International South Africa
11 485 offices in 63 countries on 6 continents United States: 146 Canada: 44 Latin America: 25 Asia Pacific: 186 EMEA: 84 Natasha Alomia Head of Research & Marketing South Africa Main Mobile Fax natasha.alomia@colliers.com Colliers International Johannesburg 108 Albertyn Avenue Sandton 2146 South Africa Main Fax info.johannesburg@colliers.com Colliers International Cape Town 13th floor, 7 Coen Steyler Avenue Cape Town 8000 South Africa Main Fax info.capetown@colliers.com 1.54 billion in annual revenue 136 million square metres under management 15,800 professionals and staff About Colliers International Colliers International is a global leader in commercial real estate services, with over 15,800 professionals operating out of more than 485 offices in 63 countries. A subsidiary of FirstService Corporation, Colliers International delivers a full range of services to real estate users, owners and investors worldwide, including global corporate solutions, brokerage, property and asset management, hotel investment sales and consulting, valuation, consulting and appraisal services, mortgage banking and insightful research. The latest annual survey by the Lipsey Company ranked Colliers International as the second-most recognized commercial real estate firm in the world. colliers.co.za Disclaimer The information contained herein has been obtained from sources deemed reliable. While every reasonable effort has been made to ensure its accuracy, we cannot guarantee it. No responsibility is assumed for any inaccuracies. Readers are encouraged to consult their professional advisors prior to acting on any of the material contained in this report.
THE UK FILM ECONOMY B F I R E S E A R C H A N D S T A T I S T I C S
THE UK FILM ECONOMY BFI RESEARCH AND STATISTICS PUBLISHED AUGUST 217 The UK film industry is a valuable component of the creative economy; in 215 its direct contribution to Gross Domestic Product was 5.2
More informationNorth American Business Activity Statistics First Quarter 2015
North American First Quarter 2015 Restoration Hardware X Team Partner: The Trilogy Group Atlanta, GA WE ARE over 450 professionals in 35 offices throughout North America. We are a powerful network of partner
More informationFirst Quarter Retail Market Report 2017
First Quarter Retail Market Report 2017 03 04 04 04 05 05 06 07 08 10 Executive Summary National Economy Local Economy Oklahoma City Retail Market Leasing Net Absorption and Inventory Rental and Vacancy
More informationThe Recent Development of Steel Industry in China
The Recent Development of Steel Industry in China Wu Jingjing June. 08-09, 2009 Paris Steel Production in 2008 and Q1 2009 Exports and Imports Market Performance Conclusion and Prospection 1 Part Ⅰ Steel
More informationPiper Jaffray Non-Deal Roadshow New York, New York
Piper Jaffray Non-Deal Roadshow New York, New York June 25, 2015 Disclaimer The following information contains, or may be deemed to contain, forward-looking statements. By their nature, forward-looking
More informationJVC Reports Business Results for the First Half of Fiscal 2006
For Immediate Release: October 27, 2005 JVC Reports Business Results for the First Half of Fiscal 2006 (April 1, 2005- September 30, 2005) Victor Company of Japan, Ltd. (JVC) announced today it registered
More informationJOHN ANDREINI (415) CA BRE# RICK SANNER (415) CA BRE#
verizon wireless (franchisee) Representative Photo NN Verizon across from walmart supercenter NEC Rinconada Blvd & Northrise Drive, Las Cruces, NM 88012 JOHN ANDREINI jandreini@capitalpacific.com (415)
More informationSonic's Third Quarter Results Reflect Current Challenges
Sonic's Third Quarter Results Reflect Current Challenges Sales Improve Steadily after Slow March, and Development Initiatives Maintain Strong Momentum Partner Drive-in Operations Slip OKLAHOMA CITY, Jun
More informationJVC Reports Business Results for Fiscal 2006 (April 1, 2005 March 31, 2006)
For Immediate Release: April 27, 2006 JVC Reports Business Results for Fiscal 2006 Victor Company of Japan, Ltd. (JVC) announced today its financial results for fiscal 2006. Consolidated total sales decreased
More informationSKYCITY Entertainment Group Limited. Interim results for the six months to 31 December 2017
MARKET RELEASE 9 February 2018 SKYCITY Entertainment Group Limited Interim results for the six months to 31 December 2017 SKYCITY Entertainment Group Limited (NZX/ASX:SKC) today announced its interim results
More informationMARKET OUTPERFORMERS CELERITAS INVESTMENTS
MARKET OUTPERFORMERS CELERITAS INVESTMENTS Universal Displays (OLED) Rating: Strong Buy Stock Price: $101/share Price Target: $130/share MOP Idea of the Month: Universal Displays Business Overview: Universal
More informationSouth African Cultural Observatory National Conference Presentation May 2016
South African Cultural Observatory National Conference Presentation 16-17 May 2016 Contents About the NFVF Enabling Legislation Value Proposition Vision & Mission EBS Objectives Previous Studies Value
More informationBFI RESEARCH AND STATISTICS PUBLISHED AUGUST 2016 THE UK FILM MARKET AS A WHOLE. Image: Mr Holmes courtesy of eone Films
BFI RESEARCH AND STATISTICS PUBLISHED AUGUST 2016 THE UK FILM MARKET AS A WHOLE Image: Mr Holmes courtesy of eone Films THE UK FILM MARKET AS A WHOLE The UK is the third largest film market in the world,
More informationCatalogue no XIE. Television Broadcasting Industries
Catalogue no. 56-207-XIE Television Broadcasting Industries 2006 How to obtain more information Specific inquiries about this product and related statistics or services should be directed to: Science,
More informationChoice of Entry Rate into EMU for the Irish Pound
Choice of Entry Rate into EMU for the Irish Pound The choice of entry rate for the irish pound into EMU has moved centre stage. Although it has been the subject of an increasingly active discussion over
More informationThe Council would like to know if you think it should provide this ongoing support to the Hawera Cinema 2 Trust.
Page 1 of 8 Introduction In March 2007 the South Taranaki District Council (the Council) purchased the Hawera Cinema 2 (the Cinema) complex for $1 million to keep the facility operating. The Council of
More informationOverview: 400% growth in 20 months
1-877-849-4272 www.dvdnowkiosks.com Case Study: New Release DVD How one DVDNow Kiosks customer seized opportunities, spurred organizational growth and realized the potential of a movie rental kiosk business
More informationURBAN IMPACT OF ABU DHABI GRAND PRIX
URBAN IMPACT OF ABU DHABI GRAND PRIX Spotlight November 2017 Office market performance Supply and demand dynamics Emerging trends Industrial market snapshot URBAN IMPACT OF ABU DHABI GRAND PRIX November
More informationTEAM E CAMERAS: GLO-BUS STRATEGY
TEAM E CAMERAS: GLO-BUS STRATEGY Caroline Burke Mary Harris Stuart Hooks Jacob McCanless William Vaughan TEAM E CAMERAS: BEST COST, BEST VALUE, BEST CHOICE! Objective: Make all of our stakeholders happy
More informationINDUSTRY OVERVIEW. Global Demand for Paper and Paperboard: Million tonnes. Others Latin America Rest of Asia. China Eastern Europe Japan
The information and statistics provided in the section below and in the sections headed Summary, Business Overview, Business Competitive Strengths, Business Competition and Future Plans and Use of Proceeds
More informationDecember 1, IDE-JETRO Symposium 1
IDE Symposium Panel 1 The Global Economic Crisis and East Asian Perspectives 01 December 2009 Presented by Yoshihisa INADA Konan University December 1, 2009 IDE-JETRO Symposium 1 Contents The impacts of
More informationVista Group International Limited 2015 Annual General Meeting Chairman s Address
Vista Group International Limited 2015 Annual General Meeting Chairman s Address Before moving to the formal business of today s meeting, I would like to comment on some of the Group s activities and achievements
More informationVOTE THE ENCLOSED WHITE PROXY CARD TODAY FOR TAUBMAN S DIRECTOR NOMINEES
VOTE THE ENCLOSED WHITE PROXY CARD TODAY FOR TAUBMAN S DIRECTOR NOMINEES May 5, 2017 Dear Fellow Taubman Shareholder, Over the past 20 years, the knowledge and expertise of the Taubman Board has contributed
More informationNET LEASE INVESTMENT OFFERING AMC THEATRES
AMC THEATRES 100 Meijer Drive Michigan City, IN 46360 TABLE OF CONTENTS TABLE OF CONTENTS I. Executive Profile Executive Summary Investment Highlights Property Overview II. Location Overview Photographs
More informationMTN Group Limited (Incorporated in the Republic of South Africa) Highlights
(Incorporated in the Republic of South Africa) Registration number: 1994/009584/06 ISIN: ZAE000042164 Share code: MTN ( MTN or the Group ) MTN is a leading emerging market mobile operator, connecting approximately
More informationst Quarter Market Watch January March Sales Comparison
2016 1 st Quarter Market Watch January March Sales Comparison The first-quarter market watch report for Berkshire County sales has an interesting tale to tell. There are micro trends that are different
More informationFILM, TV & GAMES CONFERENCE 2015
FILM, TV & GAMES CONFERENCE 2015 Sponsored by April 2015 at The Royal Institution Session 5: Movie Market Update Ben Keen, Chief Analyst & VP, Media, IHS This report summarises a session that took place
More informationN E W S R E L E A S E
For Immediate Release 2013CSCD0016-000487 March 13, 2013 N E W S R E L E A S E B.C. film and TV production stable in 2012 VICTORIA Expenditures by filmmakers and television producers in British Columbia
More informationMTN Group Limited. Highlights
(Incorporated in the Republic of South Africa) Registration number: 1994/009584/06 ISIN: ZAE000042164 Share code: MTN ( MTN or the Group ) MTN is a leading emerging market mobile operator, serving 221,3
More informationMTN Group records 227,5 million subscribers. Satisfactory subscriber growth of 1,8% quarter-on-quarter (QoQ), adding 4,1 million subscribers
(Incorporated in the Republic of South Africa) Registration number: 1994/009584/06 ISIN: ZAE000042164 Share code: MTN ( MTN or the Group ) MTN is a leading emerging market mobile operator, connecting approximately
More informationLOCAL TELEVISION STATIONS PROFILES AND TRENDS FOR 2014 AND BEYOND
STATE OF THE INDUSTRY REPORT LOCAL TELEVISION STATIONS PROFILES AND TRENDS FOR 2014 AND BEYOND December 2013 Copyright Nov. 2013. All Rights Reserved. BIA/Kelsey CONTENTS Executive summary... iv Introduction...
More informationIs the takeover of Regal Entertainment a solid solution for Cineworld?
JANUARY 2018 1 Is the takeover of Regal Entertainment a solid solution for Cineworld? AUTHOR JULIA KLINKENBERG JULIA.KLINKENBERG@EDHEC.COM The first news about a potential acquisition of Regal Entertainment
More informationMTN Group records 210,1 million subscribers
(Incorporated in the Republic of South Africa) Registration number: 1994/009584/06 ISIN: ZAE000042164 Share code: MTN ( MTN or the Group ) MTN Group records 210,1 million subscribers MTN is a leading emerging
More informationWhy Netflix Is Still Undervalued
Why Netflix Is Still Undervalued Feb. 19, 2018 1:35 PM ET 34 comments About: Netflix, Inc. (NFLX), Includes: DIS Ziyadd Manie, CFA Summary Netflix s first mover advantage in an industry with structural
More informationAn Economic Overview, Stocks vs. Bonds, and An Update on Three Stocks
Excerpt: Netflix Slides An Economic Overview, Stocks vs. Bonds, and An Update on Three Stocks Whitney Tilson Value Investing Congress October 1, 2012 T2 Accredited Fund, LP Tilson Offshore Fund, Ltd. T2
More informationMACQUARIE CONFERENCE Wednesday 2 May, 2018
MACQUARIE CONFERENCE Wednesday 2 May, 2018 2017 Financial Highlights Global Cinema Screens Introducing Kimbal Riley Vista Group - Growth Movio Will Palmer Questions 2 2 OPERATING SEGMENTS CINEMA MOVIO
More informationSKYCITY Entertainment Group Limited. Interim Results for six months to 31 December 2014
MEDIA RELEASE 11 February 2015 SKYCITY Entertainment Group Limited Interim Results for six months to 31 December 2014 Result Highlights: Normalised revenue up 9.2% to $510.0 million, normalised EBITDA
More information31st Voorburg Group Meeting Croatia September, 2016 Mini-presentation
31st Voorburg Group Meeting Croatia September, 2016 Mini-presentation CPA 59 Motion picture, video and television programme production, sound recording and music publishing services Presenter Rohan Draper
More informationTV Azteca in Grupo Salinas
March 2018 0 The following information contains or may be deemed to contain, forward-looking statements. By their nature, forward-looking statements involve risks and uncertainties because they relate
More informationLOCAL TELEVISION STATIONS: Maintaining an Important Presence in 2016 & Beyond. August Copyright All Rights Reserved.
Maintaining an Important Presence in 2016 & Beyond August 2016 Copyright 2016. All Rights Reserved. BIA/Kelsey CONTENTS Executive Summary... 1 Introduction... 3 Viewer Options... 6 Viewing Hours... 6 Subscription
More informationContents. Introduction. Skyworks Solutions (SWKS) Cypress Semiconductor (CY) Sierra Wireless (SWIR) Silicon Labs (SLAB) Rockwell Automation (ROK)
Contents Introduction Skyworks Solutions (SWKS) Cypress Semiconductor (CY) Sierra Wireless (SWIR) Silicon Labs (SLAB) Rockwell Automation (ROK) Global X Internet of Things Thematic ETF (SNSR) Bottom Line
More informationWIDER ISSUES FACING THE SOUTH AFRICAN AUDIOVISUAL AND CINEMA INDUSTRY Presented by: Adwoa Ankoma Legal, Policy and Compliance Officer National Film &
WIDER ISSUES FACING THE SOUTH AFRICAN AUDIOVISUAL AND CINEMA INDUSTRY Presented by: Adwoa Ankoma Legal, Policy and Compliance Officer National Film & Video Foundation CONTENTS 1. Background 1.1 South Africa
More informationThis is a licensed product of AM Mindpower Solutions and should not be copied
1 TABLE OF CONTENTS 1. The US Theater Industry Introduction 2. The US Theater Industry Size, 2006-2011 2.1. By Box Office Revenue, 2006-2011 2.2. By Number of Theatres and Screens, 2006-2011 2.3. By Number
More informationPT M Cash IPO Profile
PT M Cash IPO Profile February 2018 Summary of Initial Public Offering SPECIALIZED INVESTMENT BANKERS AT THE INTERSECTION OF FINANCE & TECHNOLOGY Initial Public Offering Overview IDX: MCAS Headquarters
More informationDick Rolfe, Chairman
Greetings! In the summer of 1990, a group of fathers approached me and asked if I would join them in a search for ways to accumulate enough knowledge so we could talk to our kids about which movies were
More informationSALES DATA REPORT
SALES DATA REPORT 2013-16 EXECUTIVE SUMMARY AND HEADLINES PUBLISHED NOVEMBER 2017 ANALYSIS AND COMMENTARY BY Contents INTRODUCTION 3 Introduction by Fiona Allan 4 Introduction by David Brownlee 5 HEADLINES
More informationspackmanentertainmentgroup
NEWS RELEASE spackmanentertainmentgroup SPACKMAN ENTERTAINMENT GROUP SWINGS TO PROFITABILITY, RECORDING A NET PROFIT OF US$3.0 MILLION FOR FY2017 Profitability came on the back of a 36% year-on-year increase
More informationGlobal and China Piano Industry Report, Mar. 2012
Global and China Piano Industry Report, 2011-2012 Mar. 2012 STUDY GOAL AND OBJECTIVES This report provides the industry executives with strategically significant competitor information, analysis, insight
More informationMTN Group records 203,8 million subscribers
MTN Group Limited (MTN, the Group) Registration number: 1994/009584/06 ISIN: ZAE000042164 Share code: MTN MTN Group records 203,8 million subscribers MTN is a leading emerging market mobile operator, connecting
More informationNEWINGTON FOR LEASE BUSINESS PARK. Park Overview. Park Highlights. Warehouse Space
Warehouse Space FOR LEASE 3 8532 1 8533 4 8534 2 8535 5 8536 7 8540 6 8538 Vacancies Park Overview Newington Business Park consists of seven, industrial buildings totaling 255,600 square feet located in
More informationSpectrum for the Internet of Things
Spectrum for the Internet of Things GSMA Public Policy Position August 2016 COPYRIGHT 2017 GSM ASSOCIATION 2 SPECTRUM FOR THE INTERNET OF THINGS Summary The Internet of Things (IoT) is a hugely important
More informationSDDS Plus - Efficient reporting and coordination concept
EFFICIENT STATISTICAL PRODUCTION SESSION D: WORKING TOGETHER IN DIFFERENT WAYS SDDS Plus - Efficient reporting and coordination concept Mihaela Weideskog Statistics Sweden SDDS Plus - Efficient reporting
More informationMultimedia Polska S.A. 4March 2015
Multimedia Polska S.A. 2014 fourth quarter and FY results 4March 2015 Disclaimer This presentation may contain forward-looking statements with respect to the business, financial results, and/or results
More informationQuarterly update for the period ended 30 September 2018 and renewal of cautionary announcement
(Incorporated in the Republic of South Africa) Registration number: 1994/009584/06 ISIN: ZAE000042164 Share code: MTN ( MTN or the Group ) Quarterly update for the period ended 30 September 2018 and renewal
More informationPrime Hollywood Office Building Great Owner/User or Investment Opportunity
Prime Hollywood Office Building Great Owner/User or Investment Opportunity 5735 Melrose Avenue, Los Angeles, CA 90038 Property Size 8,446 SF Land SF 11,480 SF Year Built/Renovated 1952/2008 Zoning LAC2
More informationThree Traditional US Markets Reshaped by Tech Giants
WWW.IBISWORLD.COM January August 2017 2014 1 3 Follow US Markets on head Reshaped on Master By Tech page Giants A August 2017 Three Traditional US Markets Reshaped by Tech Giants By Devin McGinley These
More informationThe Importance of Connectivity in the IoT Roadmap End-User Sentiment Towards IoT Connectivity. An IDC InfoBrief, Sponsored by February 2018
The Importance of Connectivity in the IoT Roadmap End-User Sentiment Towards IoT Connectivity An IDC InfoBrief, Sponsored by February 2018 IDC s IoT Definition IDC defines IoT as a network of networks
More informationAT&T Investor Update. 2Q08 Earnings Conference Call July 23, 2008
AT&T Investor Update 2Q08 Earnings Conference Call July 23, 2008 2008 AT&T Intellectual Property. All rights reserved. AT&T, the AT&T logo and all other marks contained herein are trademarks of AT&T Intellectual
More informationCity Screens fiscal 1998 MD&A and Financial Statements
City Screens fiscal 1998 MD&A and Financial Statements Management's Discussion and Analysis (Note: Fiscal 1998 is for the year ending April 1, 1999) OPERATING RESULTS Revenues. Total revenues increased
More informationGlobal and China Piano Industry Report, May 2013
Global and China Piano Industry Report, 2012-2013 May 2013 STUDY GOAL AND OBJECTIVES This report provides the industry executives with strategically significant competitor information, analysis, insight
More informationIncentivizing Creativity
State Tax Incentives and the Growth of the Georgia Film Industry Ric Kolenda Georgia State University & Georgia Institute of Technology State Movie Production Incentive (MPI) Monetary inducements for film
More informationFY 2010 Results Presentation
FY 2010 Results Presentation TCL Multimedia Technology Company Limited Stock Code: 01070 Agenda Results Overview Financial Highlights Business Review Outlook Page 2 Results Overview TCL Multimedia Technology
More informationNetflix: Amazing Growth But At A High Price
Netflix: Amazing Growth But At A High Price Mar. 17, 2018 5:27 AM ET8 comments by: Jonathan Cooper Summary Amazing user growth, projected to accelerate into Q1'18. Contribution profit per subscriber continues
More information2 nd Quarter 2014 Investor s Briefing Financial and Operating Results August 13, ABS-CBN Investor Presentation
2 nd Quarter 214 Investor s Briefing Financial and Operating Results August 13, 214 1 2nd Quarter 214 Highlights Launched ABS-CBN Digital Storefront ABS-CBN Events Recognitions and Awards Mrs. Charo Santos-Concio,
More informationINVESTOR PRESENTATION. March 2016
INVESTOR PRESENTATION March 2016 DISCLAIMER Safe Harbor: - Some information in this report may contain forward-looking statements. We have based these forward looking statements on our current beliefs,
More informationPredicts 2004: U.S. Color Copier Market Is All Business
Dataquest Predicts Predicts 2004: U.S. Color Copier Market Is All Business Abstract: Shipments of color multifunction products jumped more than 300 percent in the third quarter of 2003, compared with the
More informationBusiness Result for the First Quarter ended June 30, 2015 Regional Market Environments and Projections
Business Result for the First Quarter ended June 3, 21 Regional Market Environments and Projections July 28, 21 Hitachi Construction Machinery Co., Ltd. Senior Vice President and Executive Officer Akihiko
More informationGeneral Overview D.I.S. Consulting Corporation ALL RIGHTS RESERVED Box 447, Woodstock, NY USA
General Overview Broadcast Servers World TM 2015 is the 14 th tracking/global report of broadcast media servers. It is a follow-up of 12 previous global server reports, which were the most comprehensive
More informationCENTRAL BANK OF THE ISLAMIC REPUBLIC OF IRAN ECONOMIC REPORT AND BALANCE SHEET 1382 (2003/04)
CENTRAL BANK OF THE ISLAMIC REPUBLIC OF IRAN ECONOMIC REPORT AND BALANCE SHEET 1382 (2003/04) ECONOMIC REPORT AND BALANCE SHEET 1382 (March 20, 2004) Approved at the Annual General Meeting of Central Bank
More informationGuatemala Capital Area Digital Telephone Network Improvement and Expansion Project
Guatemala Capital Area Digital Telephone Network Improvement and Expansion Project 1. Project Profile and Japan s ODA Loan Report date: March 2001 Field survey: August 2000 Project site Site Map: Guatemala
More informationSet-Top-Box Pilot and Market Assessment
Final Report Set-Top-Box Pilot and Market Assessment April 30, 2015 Final Report Set-Top-Box Pilot and Market Assessment April 30, 2015 Funded By: Prepared By: Alexandra Dunn, Ph.D. Mersiha McClaren,
More informationFILM ON DIGITAL VIDEO
FILM ON DIGITAL VIDEO BFI RESEARCH AND STATISTICS PUBLISHED OCTOBER 2017 Digital video enables audiences to access films through a range of devices, anytime, anywhere. Revenues for on-demand services in
More informationNetflix Inc. (NasdaqGS:NFLX) Company Description
Analyst: Anthony Petretti Sector: Consumer Discretionary Valuation: Netflix Inc. Ticker: (NasdaqGS:NFLX) Date: 12/18/2017 Current Price: $190.42 Recommendation: Short Company Description Investment Thesis
More information2018 Survey Summary for Storage in Professional Media and Entertainment
Introduction 2018 Survey Summary for Storage in Professional Media and Entertainment Thomas Coughlin Coughlin Associates www.tomcoughlin.com Digital storage plays a significant role in the professional
More informationCharlottesville / Central Virginia Region Q NestRealty.com 1 of 9
Charlottesville / Central Virginia Region Q1 2012 NestRealty.com 1 of 9 Turning A Corner? After the market that we ve been suffering through over the past few years, we re very cautious to say that we
More informationStudy on Economic Partnership Projects. in Developing Countries in FY2008. Study on Digitalization of Terrestrial TV
Study on Economic Partnership Projects in Developing Countries in FY2008 Study on Digitalization of Terrestrial TV Broadcasting Systems in the Republic of the Philippines SUMMARY March 2009 Marubeni Corporation
More informationFOR LEASE 6759 HOLLYWOOD BLVD, LOS ANGELES, CA CHANDELIER PASSAGE UNDER CONSTRUCTION PART OF PLANNED HOLLYWOOD HOTEL RSF AVAILABLE
FOR LEASE 6759 HOLLYWOOD BLVD, LOS ANGELES, CA 90028 UNDER CONSTRUCTION PART OF PLANNED HOLLYWOOD HOTEL 112 596 RSF AVAILABLE DENLEY INVESTMENT & MANAGEMENT JUSTIN RUBEL T 323.463.4100 DENLEYINVESTMENT.COM
More informationChapter 18: Public investment in film in the UK
Chapter 18: Public investment in film in the UK The UK Government provides financial support to film in the UK through a variety of channels. Additional funding comes from the European Union. This chapter
More informationGLOBAL INVACOM. FY2017 Annual General Meeting
GLOBAL INVACOM FY2017 Annual General Meeting AGM Agenda Corporate Highlights Financial Review IR Activities Outlook Q&A Corporate Highlights Corporate Highlights Date Milestone 11 May 2017 Israeli subsidiary,
More informationINVESTOR PRESENTATION. June 17
INVESTOR PRESENTATION June 17 Company Overview India s largest cinema chain Leadership position in India with approx. 40% share of Hollywood Box Office and approx. 25% share of 75 Million Guests 587 Screens
More informationNetflix Inc. (NYSE: NFLX)
` Krause Fund Research Spring 2017 Consumer Discretionary Netflix Inc. (NYSE: NFLX) Recommendation: BUY April 17, 2017 Analysts: Jordyn Steinkritz jordyn-steinkritz@uiowa.edu Chase Koschmeder chase-koschmeder@uiowa.edu
More informationACPCultures+ funded project seeks to put Caribbean in the spotlight
ACPCultures+ funded project seeks to put Caribbean in the spotlight presentation august 2015 1 2 The inaugural Caribbean Film Mart and Caribbean Film Database will be launched in September 2015, in Port
More informationConsultation on Repurposing the 600 MHz Band. Notice No. SLPB Published in the Canada Gazette, Part 1 Dated January 3, 2015
Consultation on Repurposing the 600 MHz Band Notice No. SLPB-005-14 Published in the Canada Gazette, Part 1 Dated January 3, 2015 Comments of Ontario Ministry of Economic Development, Employment and Infrastructure
More informationRevenue by application
PR/39/08 QUARTERLY FINANCIAL INFORMATION EUTELSAT COMMUNICATIONS REPORTS REVENUE FOR FIRST QUARTER 2008-2009 AND CONFIRMS OBJECTIVES FOR GROWTH Sustained revenue growth of 7% 1 year on year Continued strong
More informationUs Pay TV networks and the consolidation of the European TV market. 7th November 2018
Us Pay TV networks and the consolidation of the European TV market 7th November 2018 DATAXIS Global Offices based in Europe, Americas and Africa Research Leader in Market Intelligence of the Pay TV and
More informationMean Cumulative Specific Mass Balance of Mountain Glaciers Worldwide,
Full Planet, Empty Plates Supporting Data for Chapter 8: Rising Temperature, Rising Food Prices Average Global Temperature, 1880-2011 GRAPH: Average Global Temperature, 1880-2011 Average Global Temperature
More informationBUY Current Price: $21.28 Target Price: $24.36 Market Cap: 3.39B S&P Debt Rating B+
February, 17, 2017 Regal Entertainment Group (RGC) Analyst: Edward Stumm Sector: Consumer Discretionary Industry: Media Company Description: Regal Entertainment Group (RGC) is one of the leading and most
More informationStudy on the audiovisual content viewing habits of Canadians in June 2014
Study on the audiovisual content viewing habits of Canadians in 2014 June 2014 Table of contents Context, objectives and methodology 3 Summary of results 9 Detailed results 14 Audiovisual content viewing
More informationSacramento Public Library Authority
Sacramento Public Library Authority September 27, 2012 Agenda Item 4.0: Annual Report: Tsakopoulos Library Galleria 2012 TO: FROM: Sacramento Public Library Authority Board Members Rebecca Higgerson, Central
More informationOnline community dialogue conducted in March Summary: evolving TV distribution models
The Speed of Life* 2009 Consumer Intelligence Series TV viewership and on-demand programming Online community dialogue conducted in March 2009 Series overview Through PricewaterhouseCoopers ongoing consumer
More informationThe BIGGEST. The 2 nd Saudi International Exhibition & Conference for Internet of Things February 2019
Government Partner Redefining Communications The 2 nd Saudi International Exhibition & Conference for Internet of Things 13-15 February 2019 Riyadh International Convention & Exhibition Center www.saudiiot.com
More informationGrowing an Industrial Cluster Movie Production Incentives and the Georgia Film Industry
Growing an Industrial Cluster Movie Production Incentives and the Georgia Film Industry Ric Kolenda Georgia State University & Georgia Institute of Technology State Movie Production Incentive (MPI) Monetary
More informationIntelsat CEO Stephen Spengler on the fleet operator s big broadband bet
SPACENEWS.COM BUSINESS POLITICS PERSPECTIVE FEBRUARY 29, 2016 Intelsat CEO Stephen Spengler on the fleet operator s big broadband bet INSIDE Tory Bruno on ULA s $800 million U.S. Air Force launch contract
More information2011 Q1 Results Presentation
2011 Q1 Results Presentation TCL Multimedia Technology Holdings Limited Stock Code:01070 Disclaimer The information contained herein should not be utilized for any legal purposes in regards to any investor's
More informationIsrael Analyst Presentation 24 th May 2017
Israel Analyst Presentation 24 th May 2017 Overview Overview Israel economy and demographics The cinema market in Israel Our brands in Israel Israel a case study for the UK Israel Economy & Demographics
More informationEvolution of Spectrum Valuation for Mobile Services In Other Countries
SCHEDULE C Evolution of Spectrum Valuation for Mobile Services In Other Countries By: Lemay-Yates Associates Inc. March 2003 Evolution of Spectrum Valuation for Mobile Services in Other Countries Report
More information10 Seardel Integrated Annual Report 2015
10 Seardel Integrated Annual Report 2015 Operational Overview Seardel is the owner of 64% of Sabido Investments Proprietary Limited ( Sabido ) which will change its name to E Media Investments ( E Media
More informationIntelsat Maritime Solutions
Intelsat Maritime Solutions One Flex for Maritime The Commercial Maritime Industy is Changing... Are You Ready? 69,500 Ships in Addressable Commercial Maritime VSAT market 60 Gbps High-throughput Satellite
More informationUTV Software Communications Limited
UTV Software Communications Limited EARNINGS RELEASE FOR THE QUARTER AND YEAR ENDED MAR 31, 2007 FY2007 as compared to FY2006 Total revenues Rs 2,030 million, from Rs 2,182 million Operating Income Rs
More informationIntelsat Media Solutions. Capture and Expand Your Audience
Intelsat Media Solutions Capture and Expand Your Audience Distributing programming and serving the demands of your audiences worldwide are increasingly becoming more difficult. Customer s viewing patterns
More information