Предприниматель | Информационно-аналитический журнал - Part 59

Overview of commercial real estate market: rent went up by 13% per year

At the end of 2010 the average rental rates for retail section 100-300 m in the successful commercial and shopping centers (shopping center / mall) in Kiev has increased by about 13% to $ 85 per sqm

If we compare with previous periods, the current level of rental rates in this segment is close to the level of 2007. The average vacancy rate in the market of Kiev has decreased from 5 to 3.5%. In the successful shopping center / mall vacant premises are virtually absent.

In 2010, the new offering retail space in Kiev was limited to commissioning the second phase of the regional mall Sky Mall of the total lease area of ​​45 500 square meters. m, which is the lowest rate in four years, said market experts.

In total, as of January 1, 2011 in Kiev, operates about 600 thousand square meters. m of retail space in the shopping center / mall.

Commissioning of the many applications for 2010 TC / SC has been postponed due to delays in construction financing. Thus, the majority of owners continues to build its own expense, resulting in the construction schedule directly depends on the rate at which they are received.

Saturation of retail space in Kiev, according to analysts Colliers International, is very small in comparison with other capitals of Central and Eastern Europe. The indicator of market saturation with high-quality shopping center / mall is even lower. As a consequence, new shopping centers with a professional concept and a good location at the end of 2010 have almost zero vacancy.

For 2011-2012 announced by the commissioning of nine new shopping center / mall with a total rental area of ​​about 330 thousand square meters. m. It should be noted that a significant number of quality projects TC / SC, whose construction could begin in 2011-2013.

Based on past practice, the most likely situation where the commissioning of projects already under construction is carried by more than two years. Given this trend, the future of realistic proposal 2011/2012 period may be less than half of the claimed, stressed professionals.

Due to the expected growth of competition, a number of owners of the shopping center / mall, a concept that is outdated or ineffective, considering various options reconception or reconstruction and / or change the format of its commercial properties.

At the moment, as noted in Colliers International, Commercial segment is the only segment of the commercial real estate, to which large quantities of practical interest exhibit foreign and local players.

Contrary to the negative forecasts of some experts in 2008 and in 2009-2010 left the market just a few tenants. In 2009, most retailers optimize their business processes to changing conditions by cutting and / or reorient the other price segments.

In this case since the beginning of 2010 the market started to get new brands. Due to a shortage of professional retail space in the Ukraine, in 2010, demand for some exceeded the supply. In fact, all that came on the market of Kiev for the past 3 years, new shopping center / mall with a professional concept and a good location to the present day are filled with tenants at 95-100%.

Significant changes in the structure of actively developing the tenants in comparison to the year 2009 has not occurred, told the experts. The main consumers of retail space continues to be:

  • grocery stores (hypermarkets, supermarkets, convenience stores, discounters, etc.);
  • shops of home appliances and electronics;
  • specialty stores (baby products, sporting goods, furniture, etc.);
  • clothing, footwear and accessories designed for the mass market (price segment of the “average” and “medium minus “).

It is also worth noting that retailers segment “average plus” fixed small but steady growth in sales in 2011 may increase their development plans.

Based on conservative projections of growth of retail trade and personal income, most likely in 2011, the consumer market in its structure and size will be comparable with rates in 2010, according to Colliers International.

forecasts of experts in 2011:

  • Start of large-scale projects shopping / shopping center in Kyiv and the regions.
  • Ready developers to reconstruction / reconception TC / SC, dubious concept of professionalism and competitiveness.
  • Increased demand for retail space in shopping center successful / TRC, the main shopping streets of Kiev and major regional cities.
  • moderate rental growth with preservation of the existing low level of vacancy in a successful shopping center / mall.
  • Saving rate of most commercial operators to develop stores in Kiev and cities with populations over 500 thousand people.
  • further increase in interest in the commercial segment of the Ukrainian part of international investors, developers and retailers. Some of them may enter the Ukrainian market in 2011.

What are the advantages of a diesel engine?

Rising fuel prices, especially for diesel fuel, has attracted worldwide attention, and around the diesel technology is not subsiding controversy. At the same time, proponents of the “Diesel” result in a number of arguments in its favor.

1. Diesel engines continue to consume less fuel than gasoline

Despite the fact that modern technology – such as gasoline direct injection and the concept of minimizing – to help further improve the gasoline engines, reducing fuel consumption, “Diesel” is still superior to them in this regard.

Modern “diesels,” spend about 30% less fuel than gasoline engines with direct injection of the same generation. Diesel car of the compact class for the previous generation consumed 31% less fuel than a gasoline engine with injection through the intake manifold. The latest generation of diesel engines by 29% more economical than petrol engines with direct injection, turbocharger on exhaust gases and a reduced displacement.

2. Diesel engines are more economical in terms of overall operating costs

In many classes of cars “diesel” is still the leader in terms of total annual operating costs. In addition, long known that the benefit depends on the annual mileage cars: the higher it is, the greater the effect of low fuel consumption.

This is confirmed by several studies, for example, according to the German automobile association ADAC, with an annual mileage of 20 thousand kilometers, “89% of diesel cars are more efficient than their gasoline counterparts.”

3. Distribution of “diesel engine” helps implement a program to reduce the emission of CO2

Thanks to lower fuel consumption diesel engines emit about 25% less CO2, than conventional gasoline engines.

The tendency to buy large cars can have a positive impact on the balance of CO2 – many of them are equipped with diesel engines.

Automakers will be able to reach EU targets on emissions CO2 (120 g / km) only if the diesel models will retain or increase their current share of all new cars in the EU – around 50%.

4. A tax on CO2 – another economic argument in favor of “diesel engine”

A tax on CO2 emissions, diesel cars will make even more advantageous, as they emit about 25% less carbon dioxide than gasoline. Consequently, owners of diesel cars will pay less tax.

5. Diesel engines continue to improve

A number of solutions will soon allow to further reduce fuel consumption and CO2 emissions of diesel engines: the projected engineers “Bosch” – 10% by 2012.

Today offers a variety of technologies for gasoline and diesel engines. For example, the concept of minimization will reduce the displacement without loss of power, reducing fuel consumption and emissions in the engines of both types. The same results and helps to make technology “start-stop”.

In other words, engineers strive to realize the potential of further reducing fuel consumption and harmful emissions – as a diesel and gasoline in cars. Both technologies are developed in parallel to this direction.

6. Diesel cars are gaining ground in world markets

The share of diesels among new cars in Western Europe remains unchanged compared with 2006 and 2007, and in the UK is gradually increasing. The sharp rise in demand for diesel cars has recently seen in France, where in 2008 introduced a system of “bonus-malus,” in which buyers of cars with low CO2 emissions will receive discounts.

From the beginning, the share of diesels among new cars registered in France, has grown by about 6 percentage points – from 74% in 2007 to almost 80%.

The growth in popularity of gasoline direct injection has no effect on the distribution of diesel, but leads to the exclusion of injection through the intake manifold.

Non-European countries are also seeking to reduce vehicle emissions and fuel consumption by introducing appropriate legislative measures. American buyers, for example, are increasingly interested in cost-effective and environmentally friendly engines.

In addition, the U.S. seeks to reduce its dependence on imported crude oil, and diesel engines, with their lower fuel consumption can play a key role in solving this problem. Experts expect that by 2015 diesel engines will be fitted with 15% of all new cars and light trucks in the U.S..

7. New emissions standards will not necessarily lead to higher prices of diesel vehicles

Reduction of nitrogen oxide emissions in compliance with “Euro 5”, which enter into force in Ukraine in 2014, does not require the use of expensive technologies. In many cases – depending on the car – Modern diesel injection technology in combination with the optimization of combustion will fulfill even the norm “Euro 6”, without the high cost of processing the exhaust gases and other additional costs. Now engineers are working on creation of the necessary equipment for this.

On the PFTS trading volume record

The most popular on the stock exchange PFTS days use of government bonds, which accounted for just 90% of all transactions.

According to Igor Seletsky, a member of the Board of Directors of the PFTS, currently focused on the PFTS really all secondary stock market T-bills, and it will not only keep the leading position, but in the near future will declare itself in the stock market.

We remind the share of government securities in exchange PFTS turnover in 2010 increased to 89.2%. In 2010, total trading volume of government bonds rose by 611.3%.

In December 2010, the maximum value was 977 million USD.

The Cabinet plans to increase quotas for grain exports

The Ukrainian government can increase grain export quotas by 1 million tons of wheat and 1.7 million tons – for corn, and after March cancel them, the Minister of Agricultural Development and Food Prisyajnyuk Nicholas.

“We are studying the balance sheet and will likely continue to increase quotas by 1 million tons of wheat and 1.7 million tons of corn. Ministry of Economy is now beginning to shape the draft resolution. It will be in February – before the end of March. We are trying at the end March, after all, to abolish quotas, because it is near the new crop “- the minister said in Kiev on Wednesday.

“The grain embargo” was introduced in Ukraine by 31 March 2011. In the Federation Rosiyskoy it operates from 15 August 2010 to July 1, 2011.

Quotas for grain export, originally introduced by the Government of Ukraine at the beginning of October 2010 up to December 31, 2010, at the end of last year has been extended until March 31, 2011. Moreover, the total size of the quota was increased by 1.5 million tonnes – up 4.2 million tons. The quota for corn exports increased from 2 million tons to 3 million tonnes of wheat – from 0.5 million tons to 1 million tons.

During this time the quotas are distributed only once a way that caused then sharp criticism from market participants: The Cabinet decision of November 10, 2010 limited the period for applications, so many exporters are simply not able to get the findings Minagroproda and submit their bids.

Special commission November 12 last year, 2.182 million tonnes allocated quotas among companies. In particular, LLC “Agricultural enterprise” NIBULON “LLC,” Kernel-Trade “and the enterprise with foreign investment,” Serna “received 52.6% of quotas on grain exports.

Then the Ministry of Economy announced the call for applications from 16 to 30 November on exports of maize in the retained export quota of 518 thousand tons, but it was never distributed.

Porsche will release a limited edition «Carrera 911»

In the spring of 2011 the company “Porsche” will begin selling limited-edition “Carrera 911” with a 3.6-liter engine producing 345 hp The car will be released in 1911 the number of units.

Porsche Carrera 911 Limited Edition

Porsche Carrera 911 Limited Edition

A series of “911 Black Edition” is available in coupe and convertible. The car is painted in black basalt black metallic is available as an option.

The roof of the car in the back of convertible also black. In contrast to body color 19-inch two-tone wheels Turbo II. In addition, the wheels do not hide the brake pads are black and 4-piston monobloc caliper brakes. Tinted top of the windshield is a standard gray color for this model.

Porsche Carrera 911 Limited Edition

Porsche Carrera 911 Limited Edition

Porsche Carrera 911 Limited Edition

Porsche Carrera 911 Limited Edition

The list of equipment “911 Black Edition” includes parking assistance, cruise control, rain sensor, exterior side mirrors and rearview mirror with automatic dimming. The standard acoustic equipment in the “911 Black Edition” installed “BOSE Surround Sound-System”. Sound speakers provide 13 (12 in back of convertible models), active subwoofer, digital amplifier semikanalny 385 Tues Coupe and convertible are equipped with volume control and communications “Porsche” (PCM) like other models, “911 Carrera”. GPS-navigation module in the standard, as well as built in the center console surround sound system.

Salon Porsche Carrera 911 Limited Edition

Salon Porsche Carrera 911 Limited Edition

With respect to the dynamic characteristics of the model, the rear cover is a 6-cylinder engine that provides power 345 hp (245kW) with a 3.614 cubic centimeters of volume. Equipped with a 6-speed manual gearbox, the car accelerates to a top speed of 289 km / h. (Regardless of body type). Acceleration to 100 km coupe is 4.9 seconds, Cabriolet – 5.1 sec. Fuel – 10, 3 liters per 100 kilometers.

Porsche Carrera 911 Limited Edition

Porsche Carrera 911 Limited Edition

The new “Porsche 911 Black Edition” is now available in the official dealer network, “Porsche” in Ukraine. The cost of the car “911 Carrera Coupe Black Edition” – between 103 and 850 euros, “911 Carrera Cabriolet Black Edition” – from 116 290 euros.

Philips increased its profit by 3.5 times – up to 1.446 billion euros

Such data are contained in the report released today by the company.

Company sales for the period grew by 9.6% to 25.419 billion euros against 23.189 billion euros a year earlier. Profit before tax for the period increased by 4.3 times and amounted to 1.943 billion euros, while for 2009 the company made ​​a profit before tax of 448 million euros.

Net income for the IV quarter 2010 increased almost twice and reached 463 million euros against 251 million euro, recorded for the IV quarter of 2009 had sales for the quarter rose by 1.7% to $ 7 billion 392 million euros against 263 million 7 billion euros a year earlier. Profit before tax for the quarter increased by 1.5 times and amounted to 692 million euros, while for the IV quarter of 2009 the company made ​​a profit before tax of 477 million euros.

Kolomoisky has already agreed to change the leadership “Ukrnafta”

Minister of Energy and Mines Yuriy Boyko said that minority shareholders in Ukraine’s largest oil company “Ukrnafta” (the company is in orbit Private) agreed with the position of the state of the need to change the company’s management because of poor production performance by the end of 2010.

“We have inadequate production figures for” Ukrnafta “and the general solution of the state and private shareholders – Change Management”, – said Boyko.

He added that this will happen at the shareholders meeting “Ukrnafta” February 25.

This morning at the Cabinet meeting, Prime Minister Mykola Azarov demanded Boiko provide leadership change “Ukrnafta” due to falling production figures up to 2010.

In 2010, “Ukrnafta” decreased the production of liquefied natural gas 11.62%, or 21.1 thousand tons compared to the year 2009 to 160.5 thousand tons, production of natural gas 17.04%, or 502, 1 million cu. m compared with 2009 to 2445 million cubic meters. m, oil and gas condensate at 12.04%, or 340.1 tons compared with 2009 to 2 485.5 thousand tons.

50% +1 share “Ukrnafta”, which is a public company, owned by the National Joint Stock Company “Naftogaz of Ukraine” About 42% of the shares owned by companies affiliated with Privatbank. One of the owners of the “Private” is Igor Kolomoisky.

Operational control of the company holding the minority shareholders.

Recall that the control of “Ukrnafta” was taken in exchange for the consent of minority shareholders (Private Group) to pay 5 billion UAH. in dividends, which are first of 2010 were required to state welfare payments and pensions.

Firtash changed direction, “Stirol”

Shareholders of OJSC “Concern” Styrene “(Gorlovka Donetsk reg.) Meeting on January 17 was re-elected to the supervisory board and the board, the press service of the enterprise.

The composition of the Supervisory Board included Alexander Hulin, Oleg Kikta, Dmitry Stemkovsky, Sergei Perepelitsa, Maria Bezzubov, Roman and Alexei Anisimov Pliskovsky.

In turn, Leonid Mizyak, Yuri Rudensky, Ivan Hamsters, Alexander Bukin, Alexander Vitusevich, Igor Jankowski, Alexander Dzherihov, Alex Rag, Nicholas Jankowski (former chairman of the concern) and Yuri Makogon removed from the supervisory board.

According to the report, new board members was Andrei Eremenko, Alexander Belousov, Yuri Sikorski, Vitaly Ponomarenko, Sergei Vakulenko, and Elena Troyanov. Terminated the powers of Yuri Zakabluki, Nazar Apiaries, Stephen Zdelova, Andrew Boitsova, Victor of Korolenko and Yury Mironenko.

In addition, the shareholders decided to reorganize the “Stirol” in public joint-stock company (PJSC).

Recall Cyprus Ostchem Investments owns 90.3044% “Stirol” included in OstChem Group (part of Group DF, Dmitry Firtash).

Buying Firtash “Stirol” learned in the first half of September 2010 The amount of the transaction was not disclosed, but according to experts on the basis of market capitalization Gorlovka enterprise value of the controlling stake could reach $ 500 million

According to the analyst of investment company “Dragon Capital” Tamara Levchenko, the main reason for the sale of concern is the uncertainty of the profitability of the issue of chemical enterprises of Ukraine in the future. So, in 2009, concern was loss of about $ 40 million, though the previous year net profit was $ 111 million main reason for the sharp deterioration in the financial condition of the company expert believes the overall situation in the market.

JSC “Concern” Styrene “- one of the largest producers of nitrogen fertilizers, polystyrene and drugs Administration.

Google earned in 2010, $8.5 billion

In a press release that was posted on Friday, the company’s website reported that the search engine Google in 2010 earned $ 8.5 billion

The company’s profit per ordinary share was $ 26.31, and the proceeds – $ 29.3 billion versus $ 23.7 billion a year ago. Net profit in the 4th quarter of 2010 totaled $ 2.54 billion in general rose by 29%.

Revenues for the 4th quarter was $ 8.44 billion, up 26% compared with the previous corresponding period ($ 6.67 billion).

“The fourth quarter was simply stunning conclusion of the year. The market of digital economy gains momentum, the production of innovations pushed our performance up … These financial indicators give us optimism and confidence in the future, to invest more, “- said Google CEO Eric Schmidt.

Along with the publication of financial results Google obnarodval permutation of the top management of the company. Larry Page, co-founder, takes over as CEO, replacing Eric Schmidt, who will serve as chairman of the company.

On April 4 Larry Page will be responsible for the operational management of the company.

Google – Persha for populyarnіstyu in svіtі poshukova system obroblyaє Hope 40 mіlyardіv zapitіv on mіsyats. Poshukova bula alignment system in 1998 in rotsі yakostі navchalnogo project studentіv Stenfordskogo unіversitetu Lerrі Page, i Sergіya Brіna.

Chernikov: Money on the Internet not the main

Chernikov: Money on the Internet not important

Sergei Chernikov, program business secrets with Oleg Tinkoff, talks about the oil business, as well as their undertakings in IT.