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Asian market lacks the REIT stuff

first_imgTo access this article REGISTER NOWWould you like print copies, app and digital replica access too? SUBSCRIBE for as little as £5 per week. Would you like to read more?Register for free to finish this article.Sign up now for the following benefits:Four FREE articles of your choice per monthBreaking news, comment and analysis from industry experts as it happensChoose from our portfolio of email newsletterslast_img

Governor Wolf Requests Federal Aid to Assist Residents, Businesses for October Flooding in North Central PA

first_img Press Release,  Weather Safety Harrisburg, PA – Governor Tom Wolf today announced he has requested disaster declarations through the Federal Emergency Management Agency (FEMA) to the President for Bradford, Centre, Lycoming and Sullivan counties and through the U.S. Small Business Administration (SBA) for Lycoming and Centre counties. The requests were made in response to significant flooding in north-central Pennsylvania on October 21 that reached $33.2 million in damages, according to estimates.“After my trip there right after the flooding, I understood that the devastation in North Central Pennsylvania is more significant and wide-spread than we have seen recently in the commonwealth. These two programs are the best options available to provide financial assistance to both local governments and citizens who have been impacted by this flooding,” said Governor Wolf. “We’ve worked closely with local, county and state partners on multiple damage assessments, and we are confident that we meet the federal criteria for both declarations.”The major disaster declaration through FEMA will provide federal funding to local, county and state governments, as well as certain eligible non-profits in those counties through the Public Assistance program. The funds will reimburse costs associated with the response to and recovery from the flooding.  Eligible expenses include but are not limited to, costs associated with paying overtime, repairs to damaged infrastructure, equipment rentals, materials, search and rescue operations, and opening and operating shelters. That data was then relayed to the Pennsylvania Emergency Management Agency, which tracked and totaled the costs to present to the Governor.The overall estimated total costs associated with the major disaster declaration request are $33.2 million, which exceeds the commonwealth’s federally-established threshold of $18.1 million. It is important to note that total costs may fluctuate as applications for assistance are reviewed at both the state and federal levels. It is not known when the President will decide to grant or deny disaster assistance.If the Governor’s request is approved, applicants can be reimbursed up to 75% of the costs incurred on eligible expenses.The SBA declaration would provide low-interest loans to homeowners, renters and businesses with uninsured losses of 40 percent or more of their estimated fair market value. The SBA criteria of at least 25 potential applicants that sustained such losses was met in Lycoming and Centre counties.Governor Wolf signed a state proclamation of disaster emergency, which is required to request federal aid, on Nov. 16.Like Governor Tom Wolf on Facebook: Facebook.com/GovernorWolf Governor Wolf Requests Federal Aid to Assist Residents, Businesses for October Flooding in North Central PA SHARE Email Facebook Twittercenter_img November 16, 2016last_img read more

Franklin County Commissioners to hold special meeting today

first_imgBrookville, In—The Franklin County Commissioners’ will hold a Special Meeting will today at 10:00 a.m. The meeting will be conducted in person and also by Teleconference.Members of the public and the media have the right to attend. If capacity becomes an issue, the Commissioners reserve the right to prioritize attendance for the media and allow attendance of others on a rolling basis. Citizens may call the commissioners’ office at 765-647-4985 prior to 9:30 a.m. on June 10th in order to receive login information.On the agenda is the re-voting on the cumulative capital development fund reestablishment.last_img read more

Villas-Boas: Euro blow still hurts Spurs

first_img Tottenham’s failure to qualify was eventually sealed by Chelsea’s Champions League final win in Munich. Finishing fourth was not enough. “It’s never easy to finish in the position that they did, qualifying for the Champions League in fourth spot and seeing it taken away from them because it’s the rules,” Villas-Boas said. “It’s difficult for them because of the lead they had in the beginning.” Monday marks exactly one year since Villas-Boas was sacked just 256 days into what was meant to be an ambitious three-year project at Chelsea. Although he will not admit it publicly, Villas-Boas may think the sacking served him well in the long term. Chelsea sit two points below Spurs in the Barclays Premier League, and their interim manager Rafael Benitez is under extreme pressure following a midweek outburst which came after yet more abuse aimed his way from his own club’s supporters. Reports of in-fighting among the Chelsea squad also continue to dog the Spaniard. Villas-Boas, on the other hand, has a united squad that includes one of world football’s hottest properties in Gareth Bale. The Portuguese has won his second successive manager of the month award, and he admits he has improved as a boss during his time in England, saying: “Everybody learns from experience. I feel like a different manager and a different person. I think I have improved a lot. The experience has served me well.” Press Association Spurs will move seven points ahead of Arsenal on Sunday if they beat their neighbours in a keenly-anticipated north London derby. Given that they go into the match on the back of an 11-match unbeaten run, Tottenham are favourites to take all three points, and go on to pip the Gunners to a Champions League spot. Villas-Boas is mindful though that Tottenham missed out on Champions League qualification last season after letting a 10-point lead over their local rivals slip, and he said: “They are motivated because of what they have suffered in the past and what they want to achieve in the future.” center_img Manager Andre Villas-Boas has revealed Tottenham want to get one over Arsenal because they are still hurt by losing out to their rivals in last year’s race for the Champions League.last_img read more

Japan look to give ailing Ikee a lift at world swim

first_imgJapan’s swimmers have promised to lift the spirits of ailing team mate Rikako Ikee in her battle with leukaemiaGwangju, South Korea | AFP |  Japan’s swimmers have promised to lift their game at next week’s world championships to lift the spirits of ailing team mate Rikako Ikee in her battle with leukaemia.The 19-year-old poster girl for the 2020 Tokyo Olympics was diagnosed with the illness earlier this year and is continuing treatment back in Tokyo.Asian champion Yui Ohashi, one of Japan’s biggest medal hopes in South Korea after taking silver in the 200 metres individual medley two years ago, insisted Thursday that Ikee was on the mind of all the swimmers.“It’s a huge blow that Rikako can’t be here to fight with us but she’s battling hard too,” Ohashi told AFP.“Hopefully she can see us giving it everything to produce the kind of results that will give her courage and the added motivation — that I’m sure she already has — to return to competition.”Ikee shot to fame at last year’s Asian Games where she captured a record six gold medals.But she tweeted in February that she had been diagnosed with leukaemia after experiencing problems during a training camp in Australia.Japan’s swim queen would have been a favourite to win 2020 Olympic gold in the 100 metres butterfly and a serious medal contender in the 200m freestyle in her home city.Japanese coaches in Gwangju have spoken to the athletes about Ikee, revealed head coach Norimasa Hirai the morning after arriving in South Korea.“Coach (Yoji) Suzuki has said in meetings it was important to fight hard for Rikako too,” said Hirai. “But knowing Rikako’s character she will be anxious about Japan’s results. If we give everything we have, and hopefully come away with a few medals, it will give her a lift. But first we have to get the job done.”– Alarming dip –In the absence of Ikee and Olympic champion Kosuke Hagino, who has suffered an alarming dip in form since his Rio gold in the men’s 400m individual medley, Japan’s swimmers could struggle in Gwangju after finishing 14th in the medals table at Budapest in 2017 with four silver and three bronze.“I don’t want to predict medal tallies,” said Hirai. “I don’t want to add pressure. But they’re relaxed, they’re enjoying the Korean food and they’re and in good spirits.”While Hungary’s triple Olympic champion Katinka Hosszu has not lost a major final in the women’s 200m medley since 2012, Ohashi has medal chances in both the 200m and 400m.“I’ll need to be at 100 percent,” said Ohashi, who recently completed a spell of high altitude training in Arizona.“I’m trying not to overcomplicate things. I have to be aggressive — if I don’t go out strong, I’ll struggle over the second half of races.”Another potential hope for Japan is Ippei Watanabe, who holds the world record in the men’s 200m breaststroke.“I want to leave everything out there,” he said. “I want to come back with the gold medal, a new world record and a big smile on my face.”Share on: WhatsApplast_img read more

Atlantic Highlands Offers Jet Ski Docking At Harbor

first_imgCurrently, personal watercraft have no permanent docking area at the harbor, but can be launched there for a $15 a trip. This is the second season the harbor, which sits on Sandy Hook Bay, has allowed personal watercraft to use the facility.Initially, room will be available for nine watercraft, but the state permit allows for up to 14 spaces.“Basically, if it takes off, we’ll add the additional five,” Hubeny said.In May, the state Department of Environmental Protection issued a Coastal Areas Facilities Review Act (CAFRA) permit for the 14-space personal watercraft dock. The CAFRA permit, which governs coastal areas, is good for five years, Hubeny said.Atlantic Highlands is renting personal watercraft space at themunicipal harbor.The project is costing the borough $38,400 for the EZ Port Max 2i docks and piles, he said.According to Hubeny, the municipal harbor commission began discussing the personal watercraft docking about two years ago. Harbor Manager John Amici “has always been creative about bringing more revenues to the Harbor,” Hubeny said.The floating docks will be removed for the cold weather.The harbor has 481 boat slips, with about 455 or about 95 percent occupied, and 172 moorings, with about 135 or about 80 percent occupied, Hubeny said.The Municipal Harbor office is at 2 Simon Lake Drive, 732-291-1670, ahharbor@ahnj.com. Story and photos by Joseph SapiaATLANTIC HIGHLANDS – The borough has begun seeking renters for its new service – regular docking space for personal watercraft at the Atlantic Highlands Municipal Harbor.The floating dock space is expected to be in place by the end of the month, occupying an area just west of Pier 1 – or an unused area between Sissy’s at the Harbor restaurant and the fishing boats, said Borough Administrator Adam Hubeny. The cost for space rental is $1,000 for the season, running March 1 to Oct. 31. Because the docks are being placed mid-season, the rental fee for the rest of the year is being pro-rated, working out to about $250 to $275, according to Hubeny.last_img read more