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Archive for August 10th, 2012

Goodman and CPPIB Expand Their Relationship with a Targeted US$890 Million North American Logistics and Industrial Partnership

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SYDNEY, Aug. 10, 2012 /PRNewswire-Asia/ — Goodman Group (Goodman or Group) and the Canada Pension Plan Investment Board (CPPIB) are pleased to announce the launch of a new logistics and industrial partnership called the Goodman North America Partnership (GNAP). Goodman and CPPIB have targeted an equity amount of US$890 million on a 55/45 basis, representing US$490 million and US$400 million respectively.

GNAP’s investment strategy is to target investment in logistics and industrial property in key North American markets. The focus will initially be on development led opportunities, with value-add and stabilised asset acquisitions to be considered over time in line with market conditions.

Greg Goodman, CEO of Goodman said, “GNAP further builds on our relationship with CPPIB and reinforces our strategy of matching third party capital with our development pipeline, enabling us to enter North America in a measured way. We will continue to work closely with our global customers to deliver high quality logistics and industrial space, consistent with our prudent development approach.”

This transaction represents CPPIB’s first direct investment in U.S. industrial real estate, a sector which is expected to benefit from a lack of new supply in recent years and continued growth in global trade. It will contribute to CPPIB’s strategy of building a portfolio of high quality assets that will deliver stable returns over the long-term.

Peter Ballon, CPPIB’s Vice President, Real Estate Investments – Americas said, “This latest partnership broadens CPPIB’s successful relationship with Goodman, with whom we hold investments in Australia, Hong Kong and mainland China. We believe that this joint venture will provide significant opportunities to invest in prime logistics and industrial locations across key American markets.”

As announced on 20 June, Goodman has entered into an agreement with California based Birtcher Development and Investments (Birtcher), focused on the development of, and investment in, prime quality logistics and industrial facilities in key locations across North America. Opportunities will be sought in the key West Coast logistics hubs of Los Angeles (Inland Empire), San Francisco and Seattle, with New York, New Jersey and Philadelphia to be targeted on the East Coast. Other key logistics hubs based around inland ports, intermodals and tier one ports will also be considered.

Brandon Birtcher, CEO of the management company, Goodman Birtcher North America said, “With a significant undersupply of high quality logistics space in these regions there is a compelling opportunity to meet the strong customer demand that exists for A-grade ‘big box’ facilities.”

“Our entry into North America reinforces Goodman’s position as a leading global logistics property group. With the establishment of our operating platform in North America and strength of our capital partner relationships, over time we see this region growing to be one of Goodman’s largest markets in terms of assets under management,” Mr. Goodman added.

About Goodman

For more information visit or

About CPP Investment Board

For more information, please visit

About Birtcher Development & Investments

For more information, please visit

For further information, please contact:


In Australia
Mathew Werner
Group Corporate Communications Manager
+612 9230 7159


In Canada
Linda Sims
+1 416 868 8695

In the United States
Philippa Daniels
FTI Consulting
+1 212 850 5679

In Australia
Nigel Kassulke
+612 8284 9905
Mobile: +61 407 904874

SOURCE﹛Goodman Group

Written by asiafreshnews

August 10, 2012 at 5:33 pm

Posted in Uncategorized

USGBC to Join Top Level Speakers and Exhibitors at ARCHITECT@WORK Event in Shanghai

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Vice President of International Operations, Jennivine Kwan to discuss impact of LEED on China

SHANGHAI, Aug. 9, 2012 /PRNewswire-Asia/ — The U.S. Green Building Council (USGBC) today announced its participation as an exhibitor and speaker at ARCHITECT@WORK, an international exhibition exclusively designed for the architecture, design and real estate community. Jennivine Kwan, Vice President of International Operations at USGBC, will join the ARCHITECT@WORK speakers’ roster to discuss the impact of LEED on China. This unique event will take place for the first time in China at the LEED Gold Shanghai Expo Centre September 6〞7, 2012.

(Photo: )
(Photo: )

“Shanghai is home to nearly 500 LEED-certified and registered projects, and has a growing appetite for the support, resources and tools needed to grow the stock of healthier, more high-performing building in China,” said Jennivine Kwan, Vice President of International Operations, USGBC. “ARCHITECT@WORK provides an important platform for the building community in China to exchange ideas and access high quality education for professional development, as well continuing education hours.”

“ARCHITECT@WORK’s revolutionary concept is unique to the Chinese market. Exhibitors are carefully selected and then approved by a steering committee to ensure only the best and highest quality product innovations are present,” said Thomas Baert, President of ARCHITECT@WORK, China edition.

The use of LEED outside the United States continues to grow rapidly, and approximately 40 percent of all square footage pursuing LEED certification exists outside the U.S.

To learn more and register for the ARCHITECT@WORK event, visit

About U.S. Green Building Council (USGBC)
The U.S. Green Building Council (USGBC) is committed to a prosperous and sustainable future through cost-efficient and energy-saving green buildings. USGBC works toward its mission of market transformation through its LEED green building certification program, robust educational offerings, a nationwide network of chapters and affiliates, the annual Greenbuild International Conference & Expo, and advocacy in support of public policy that encourages and enables green buildings and communities. For more information on USGBC and LEED, visit ) and connect on @USGBC( ), and LinkedIn( ).

ARCHITECT@WORK is an International Exhibition exclusively designed for architects, designers and real estate executives with a focus on innovation. It is the only focused platform for this community in China where high quality manufacturers present their innovations to qualified professionals. This high end event is by invitation only. Visitors need to preregister on the website and will be approved by a Steering Committee. For more information on A@W’s 2012 China Edition visit and connect on: LinkedIn( ), Facebook( ) and Weibo( ).

A@W is organized by Build Your Dream Asia and VNU Exhibitions Asia.

Ashley Katz
Media Manager, USGBC

Bob Caubergs
Marketing Manager, ARCHITECT@WORK

SOURCE﹛VNU Exhibitions Asia

Written by asiafreshnews

August 10, 2012 at 3:39 pm

Posted in Uncategorized

August’s North American Air Traffic at Lowest Level in 10 Years, Says OAG

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— Region loses nearly a million seats

CHICAGO, Aug. 9, 2012 /PRNewswire-Asia/ –Scheduled flight operations within North America will be at their lowest August level for 10 years, according to the latest statistics from flight schedule data market leader OAG( ), a UBM Aviation brand.

(Logo: )

The OAG FACTS( ) (Frequency and Capacity Trend Statistics) for August 2012 reveals that this month there will be 953,083 fewer air seats offered within North America compared with August 2011, with 21,401 fewer flights. For the year to date, decreases of two per cent in flights and one per cent in seat capacity have been experienced compared with the first eight months of 2011.

“Against the backdrop of a slowing economy the North American region is experiencing general consolidation of its internal scheduled air services,” said Rob Shaw, Director Analytics.

“This is partly the natural consequence of the well-publicised airline mergers of recent years, but it also reflects the strategy of individual carriers in a tough trading environment: reducing capacity to maintain fares at a profitable level.”

Only three of North America’s top 10 hubs (San Francisco at 7%, Charlotte at 5% and Toronto at 4%) will show significant growth in seat capacity this month, while capacity at Chicago O’Hare will drop by three per cent.

Middle East shows fastest long-haul growth with Dubai the key hub

North America’s flights and seats to and from other worldwide regions will both show a two per cent increase in August, offering some better news, but the biggest growth in long-haul traffic is seen in the Middle East – driven largely by the United Arab Emirates and Dubai in particular.

This month will see flight operations to and from the Middle East grow by seven per cent to 64,252, while seat capacity will increase by eight per cent to reach 14,219,564 – nearly 4,000 more flights and more than a million more seats offered than in August 2011. Traffic within the Middle East region is also expected to grow by four per cent (flights) and three per cent (seats).

The Middle East region’s key hubs are all experiencing strong year-on-year growth in August, with Abu Dhabi seeing seats increasing by 248,896 (up 17%), Doha by 244,470 (11%) and Bahrain by 114,560 (11%). By far the strongest performer in the region however is Dubai, with 782,544 additional seats and 2,694 additional flight operations compared with August 2011.

“Strategically, the Middle East is growing in importance all the time, particularly in terms of its links with Western Europe,” said Rob Shaw, Director Analytics.

“While capacity reductions are continuing on several key routes between Western Europe and the Asia-Pacific region, more than 400,000 extra seats are now offered between Western Europe and the Middle East. Of these, more than 70 per cent are on services to and from Dubai and Abu Dhabi, largely reflecting the continued expansion plans of the premier Gulf-based airlines.”

Global flights up by 1% and seats by 3%

Dubai, with its 12 per cent increase in flight operations and 14 per cent increase in seat capacity, is also showing the fastest growth among the major global air hubs.

Seat capacity at eight of the world’s top 10 airports will grow this month. Beijing’s year-on-year increase of eight per cent brings it ever closer to Atlanta as the world’s largest hub in terms of seats offered, while Tokyo’s offering increased by nearly 375,000 seats, up five per cent on August 2011, securing its status as the world’s fourth-largest hub after London-Heathrow.

Worldwide, airlines have increased flights by 16,948 and seats by 9,608,208, taking the total scheduled flight operations for August 2012 to 2,789,437 and the total of seats offered to 361,193,356. This represents growth of one per cent in flights but three per cent in seats, which is explained by the increased use of larger aircraft. Average aircraft seat capacity is 129 this month compared with 127 in August 2011.

For the year to date, scheduled flights show a growth of two per cent and seat capacity an increase of three per cent compared with the January-August period last year.

A detailed review of OAG FACTS( ) for August 2012 – including information, commentary and charts about specific airports, routes, countries and regions worldwide – is available to download now at

OAG FACTS is updated on a monthly basis and provides a visual snapshot of airline activity around the world, using interactive graphs to display 10-year performance trends, sourced from OAG’s consolidated database of global airline schedules.

Notes to Editors:

OAG( ), a UBM Aviation ( )brand, is the trusted source for aviation information and analytical services. OAG’s leading aviation databases are unrivalled in their scale, accuracy and comprehensiveness and are integral to the world’s aviation industry operations. For more information, visit:


Written by asiafreshnews

August 10, 2012 at 2:31 pm

Posted in Uncategorized

Circumpolar Leaders Gather For Arctic Imperative Summit

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Summit Convenes Decision-Makers on Infrastructure Investment, Natural Resources, Policy and Security During Time of Rapid Arctic Change

ANCHORAGE, Alaska, Aug. 9, 2012 /PRNewswire-Asia/ — Rapid change in the Arctic due to melting sea ice brings new opportunities and challenges. To address the complex Arctic agenda, an influential mix of international, U.S. and local leaders will convene at the second Arctic Imperative Summit( ), August 24每27, 2012, in Anchorage and Girdwood, Alaska.


Sharpening the world’s focus on the short-term opportunities and long-term challenges of Arctic development, the Summit features a multidisciplinary group of experts. By engaging with decision-makers from all sectors, Arctic leaders will be in a stronger position to influence responsible development decisions on their shores.


— Plenary sessions on infrastructure needs and investment opportunities in
the U.S. Arctic, including a proposed Bering Sea port authority to manage
traffic growth;
— Panel discussions on shipping and transportation developments, moderated
by industry experts;
— Keynote speeches from military leaders on Arctic sovereignty and security;
— Perspectives and observations from indigenous residents, including “The
Eskimo and the Oil Man,” a conversation with author Bob Reiss and Edward
Itta, former mayor, North Slope Borough, Alaska;
— Panel discussions on sustainable development, governance and the race for
— Instructive case studies, such as the recent Renda fuel delivery to Nome;
— A screening of “Project Chariot,” a documentary on the U.S. government’s
ill-fated plan to use a nuclear bomb to create a deep-water Arctic port
in Alaska; and much more.

The Summit schedule can be found here: A detailed agenda will be released prior to the event.


The Honorable James A. Baker III, Former U.S. Secretary of State

The Honorable Mark Begich, U.S. Senator, State of Alaska

Charles K. Ebinger, Director, Energy Security Initiative, Brookings

The Honorable Olafur Ragnar Gr赤msson, President of Iceland

The Honorable David J. Hayes, Deputy Secretary, U.S. Department of the Interior

General Charles H. Jacoby Jr., Commander, U.S. Northern Command

Marilyn Heiman, Director, U.S. Arctic Program, Pew Environment Group

The Honorable Edward Itta, Former Mayor, North Slope Borough, Alaska

Chris Matthews, Host, “Hardball with Chris Matthews” and “The Chris Matthews Show”

Scott Minerd, Chief Investment Officer, Guggenheim Partners

The Honorable Lisa Murkowski, U.S. Senator, State of Alaska

General Walter Natynczyk, Chief of the Defense Staff, Canadian Forces

Thomas R. Nides, Deputy Secretary of State for Management and Resources, U.S. Department of State

General Joseph W. Ralston, Vice Chairman, The Cohen Group

David M. Rubenstein, Co-founder, The Carlyle Group

The Honorable Mead Treadwell, Lieutenant Governor, State of Alaska

Felix H. Tschudi, Chairman and Owner, Tschudi Group

The Honorable Fran Ulmer, Chair, U.S. Arctic Research Commission

A comprehensive list of speakers can be found here:

“The rapid changing of the Arctic environment demands responsible and sustainable development,” says Alice Rogoff, founder of the Arctic Imperative Summit. “Solutions to the complex needs of this region will only be reached if all stakeholders, including its residents, are at the table.”


Summit registration is available online at Please contact Nolan Frame at )with questions.


Media with relevant assignments will be granted access to the Summit at no charge and may register online at Gallery seating will be provided in the back of the meeting facilities to watch the Summit live. A media room will also be provided on-site. Boxed meals will be provided, along with access to receptions and dinners. Please contact Tim Fitzpatrick at ) for assistance in coordinating on-site interviews or with general media queries.


Following the summit, presentations can be accessed on the event’s Vimeo page at


Please follow us on Twitter at @ArcticSummit( ), hashtag #AIS2012, and on Facebook at ) for Arctic news and Summit highlights.


The Summit offers an excellent opportunity for your organization to enhance its profile among Arctic decision-makers. For further details on remaining promotional packages, contact Jenny Gilman at ).


Read in-depth coverage on news and politics across the circumpolar North on The Arctic Wire( ).


The Arctic Imperative is an independent nonpartisan organization founded by Alice Rogoff, publisher of ). The mission of the Summit is to sharpen the world’s focus on the policy and investment needs of the Arctic and provide a platform for local, state, national and international leaders to make measured Arctic development decisions.


Toll-Free Information:


Nolan Frame


Tim Fitzpatrick


Jenny Gilman

SOURCE﹛Arctic Imperative Summit

Written by asiafreshnews

August 10, 2012 at 12:13 pm

Posted in Uncategorized

Watch Out for Dynamic BIG+BIH October 2012

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ASEAN Lifestyle Product Market Booms

BANGKOK, Aug. 8, 2012 /PRNewswire-Asia/ — The 34th BIG+BIH October 2012, organized jointly by the Department of International Trade Promotion(DITP), the Ministry of Commerce, and the Thai Lifestyle Products Federation, is one of the biggest gift and household product fair in the region. It is a big event that supports the trendy lifestyle products currently growing both in regional and world markets.

“It must be admitted that lifestyle products from Thailand and ASEAN are closely watched by people around the globe, because of newly-developed designs mixed with local uniqueness and the modernity demanded by world markets. The economic atmosphere of the region also shows good signs throughout. With increasing investment in the region, particularly from Western capitalists, from the opening of countries like Myanmar or Laos, has yielded positive results to tourism and real estate business, and Thailand’s lifestyle products have attracted a lot of demand from the markets. Therefore, BIG+BIH October 2012 is an event that is being followed as the stage where operators present their products to the world markets via more than 100,000 participants around the globe, including real estate owners, suppliers, and end-users. I wish to extend our invitation to interested operators, especially new generation operators who are confident in quality and design, to show their own strengths in this dynamic BIG+BIH October 2012 with us,” said Mr. Jirabool Witthayasing, Thai Lifestyle Products Federation’s Secretary and President of ASEAN Gift Federation.

BIG+BIH October 2012 comes with special zones to perfectly direct the trend of designs of both the ASEAN market and the world market. The “Design Hall” – a zone that shows products which reflect new trends by new-generation designers, and the “International Pavilion” – a zone that exhibits designs from more than 80 countries around the world, or “Thai Products Project Exhibition” – a zone where Thai products of good designs are awarded the DEmark Award, etc.

BIG+BIH October 2012 under the concept of “Heart of Design & Lifestyle Showcase of ASEAN” is scheduled to be held during 16th-21st October 2012 at the Bangkok International Trade and Exhibition Centre, Bang Na, Bangkok. Business Talk Day is during 16th-19th October from 10.00 – 18.00 hours. Retail Day is during 20th-21st October 2012 from 10.00 – 21.00 hours.

Interested operators wishing to exhibit their products can obtain further details at our web site, or DITP Call Center 1169.

Media Contact:

Department of International Trade Promotion(DITP)
Tel: +66 (0) 2507 8361-64
Fax: +66 (0) 2547 4281, 547 4266

SOURCE Department of International Trade Promotion(DITP)

Written by asiafreshnews

August 10, 2012 at 10:03 am

Posted in Uncategorized