Fidest – Agenzia giornalistica/press agency

Quotidiano di informazione – Anno 32 n° 53

Posts Tagged ‘transactions’

Catella: Office transactions in Europe will reach max EUR 65 billion by end of 2015

Posted by fidest press agency su giovedì, 17 settembre 2015

Borsa Merci Telematica ItalianaIn our new Market Indicator Office 2015/2016, Catella predicts that the volume of office transactions for 2015 will reach the third-highest annual figure since 2001. This is being driven by the recovery in the European economies, supporting the real estate markets, and by a rise in capital going into real estate investments. We are moving towards a broad-based cyclical recovery in the European economies in the 2015–2016 period. This is due to historically low interest rates, spare capacity in the labour markets and low commodity prices.“The economy is now in a situation where, after seven years of stagnation, households and companies have strong opportunities for consumption and investment. This will, of course, also support the real estate markets,” said Dr. Thomas Beyerle, Group Head of Research at Catella, today at the launch of the latest Catella Market Indicator at the Business Arena in StockholmThe attractiveness of European markets is likewise being steadily supported by a rise in the capital going into real estate investments. According to Catella’s observations, the amount of declared capital of real estate investors across all asset classes totals around EUR 500 billion, which equates to double the amount of capital from the pre-crisis days.The world has seen many changes since last year, and these have been highly positive for the real estate sector. Property prices are rising and vacancy rates are falling. By the middle of the year, it was clear that this process of recovery had become firmly rooted in most European countries. However, not everything is rosy in the economic-political garden. Since the start of the summer, the generally positive situation has been overshadowed by debates about Greece and Ukraine, the outlook for the EU and the euro, the much discussed downturn in the world economy triggered by economic turbulence in China and its stock market crash, and by the immense influx of refugees currently confronting Europe.“Here is our opinion: we do not expect these to have any major impact on property prices in the short term except, perhaps, on the level of surveys. Demand from investors for property will continue to rise and, as a result, returns will continue to fall. In such conditions, investors are willing to accept ‘relative’ losses in returns due to higher interest costs and lower returns on purchases. In addition to this, more capital than ever is flooding into Europe as new sources of capital in Asia and the Middle East turn their attention to the continent’s markets,” explains Dr. Thomas Beyerle.Changes in yields: out of a cohort of 33 markets, only one, Oulu in Finland, displays rising yields. Sixteen locations have seen no changes, while another 16 register falling yields. The highest yields are currently being generated by Warsaw, Rotterdam and Lyon, while London’s West End and Stockholm have the lowest yields.
Changes in rents: in the 33 markets under observation, we see stable top-level rents in 17, while we expect figures to increase further in the remaining 16. Madrid will top the table, followed by London. We believe that the volume of transactions in Europe will reach a maximum of EUR 65 billion by the end of 2015, the third-highest annual figure since 2001. Looking at the situation from a risk/return perspective, London and Warsaw bookend the investment spectrum. Between now and 2019, Madrid will generate by far the highest total return (TR). The full report “Market Indicator Office 2015/2016” is attached.

Posted in Economia/Economy/finance/business/technology, Estero/world news | Contrassegnato da tag: , , , | Leave a Comment »

Money laundering: company owner lists to fight tax crime and terrorist financing

Posted by fidest press agency su mercoledì, 28 gennaio 2015

european commissionThe ultimate owners of companies will have to be listed in central registers in EU countries, open both to the authorities and to people with a “legitimate interest”, such as journalists, under a Parliament/Council deal endorsed by the Economic and Monetary Affairs and Civil Liberties committees on Tuesday. The new anti-money laundering directive aims to help to fight money laundering, tax crimes and terrorist financing. New rules to make it easier to trace transfers of funds were also approved.The fourth anti-money laundering directive (AMLD) will for the first time oblige EU member states to keep central registers of information on the ultimate “beneficial” owners of corporate and other legal entities, as well as trusts. (A “beneficial” owner actually owns or controls a company and its activities and ultimately authorises transactions, whether such ownership is exercised directly or by a proxy).These central registers were not envisaged in the European Commission’s initial proposal, but were included by MEPs in negotiations. The text also requires banks, auditors, lawyers, real estate agents and casinos, among others, to be more vigilant about suspicious transactions made by their clients.The central registers will be accessible to the authorities and their financial intelligence units (without any restriction), to “obliged entities” (such as banks conducting their “customer due diligence” duties), and also to the public (although public access may be subject to online registration of the person requesting it and to a fee to cover administrative costs).To access a register, a person will in any event have to demonstrate a “legitimate interest” in suspected money laundering, terrorist financing and in “predicate” offences that may help to finance them, such as corruption, tax crimes and fraud.These persons (e.g. investigative journalists) could access information such as the beneficial owner’s name, month and year of birth, nationality, country of residence and details of ownership. Any exemption to the access provided by member states will be possible only “on a case-by-case basis, in exceptional circumstances”.Central register information on trusts will be accessible only to the authorities and “obliged entities”.

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The Economic Future of Europe

Posted by fidest press agency su martedì, 25 maggio 2010

The EU should expand opportunities for the promotion of entrepreneurship, including more  flexible tax conditions for self-employed people thus helping curb tax evasion, and strengthen  seed capital for self-employed people. The EU should regulate financial markets (actors and products), oversee financial flows of  commercial banks operating in the EU and ensure the stability of these flows . It should control  this regulation via a European central financial supervisory body or give more power for this to  the European Central Bank. It should introduce common terms and conditions in order to ensure the security of private savings and the operational capacity of commercial banks.  The EU should support a unified and increased taxation on income from capital transactions  (Tobin tax) and from productivity gains (“technology added value”). The European Union should require that the provision of European aid to companies is  determined by the correlation between place of taxation and place of production. It should work  towards ensuring fiscal transparency, avoiding the transfer of income and contribute to the  elimination of tax havens. The EU should create incentives to prevent production entities from moving to countries with lower wages. The EU should sanction all companies that have benefited from EU financing and subsidies and which relocate outside the European Union. It should do this by demanding the reimbursement of public subsidies given to these companies and introducing taxes that would finance social plans. The EU should strengthen corporate crime laws, improving external liability protections and integrating a binding ethical code of conduct for corporate managers. The EU should work to establish a favourable business environment and to reduce the  bureaucratic burden for businesses, specially SMEs. Measures could include targeted public  procurement, “one-stop shops“, increased e-government, technical assistance, free consultation services, reduced taxes (exempt first year of activity), access to micro credits, promotion of  regional products etc.

Posted in Economia/Economy/finance/business/technology, Estero/world news | Contrassegnato da tag: , , , | Leave a Comment »

Corso di perfezionamento universitario “EFLIT”

Posted by fidest press agency su mercoledì, 11 novembre 2009

Parma.Sono aperte le iscrizioni alla IV edizione del Corso di perfezionamento universitario “EFLIT – English for Law & International Transactions” , attivato presso l’Università degli Studi di Parma. Il Corso si svolgerà presso la sede della Facoltà di Giurisprudenza dell’Ateneo il mercoledì pomeriggio da marzo a giugno 2010, e sarà tenuto da professionisti e accademici, italiani e stranieri, con esperienza internazionale. Il Corso, accreditato per la formazione continua dei rispettivi ordini professionali, si rivolge a dottori commercialisti, avvocati e personale di aziende operanti in campo internazionale, ma è aperto anche ai laureati in giurisprudenza ed economia, con particolare riferimento a chi coltivi interessi internazionali. Al termine del corso gli studenti più meritevoli potranno svolgere attività di tirocinio presso gli studi legali e commerciali consorziati. EFLIT offre un percorso formativo certificato che coniuga lo studio dell’inglese giuridico e del business english (mediante un docente linguista madrelingua) con la formazione economico giuridica, coprendo materie quali il diritto commerciale, il diritto societario, la disciplina dei contratti per le transazioni internazionali e l’analisi di bilancio, anche nella prospettiva di fornire le basi per un’adeguata preparazione per l’acquisizione del certificato ILEC (International Legal English Certificate).  La domanda di preiscrizione (non impegnativa) è da inviare via fax entro il 30 novembre 2009. Termini e modalità di pagamento saranno comunicati solo successivamente, al momento dell’iscrizione vera e propria.

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