KUALA LUMPUR, April 26 (Bernama) -- Eastspring Investments Berhad today announced the gross income distribution for Eastspring Investments Target Income Fund 5 (“Fund”):
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MRC provides US$137 million to JDS development for luxury residences in Miami Beach Florida25/4/2018 KUALA LUMPUR, April 25 (Bernama) -- Madison Realty Capital (MRC) has provided a US$137 million (RM 524. 71 million) construction loan to JDS Development Group for Monad Terrace
59 individually-designed waterfront residences in Miami Beach, Florida, US. Construction is underway with the foundation nearly complete as the tower is expected to go vertical in Spring 2018 and estimated to complete in Fall 2019. The project was designed in collaboration with Miami-based Kobi Karp Architecture and Interior Design, Inc. The high-design product is by Pritzker Prize- winning architect Jean Nouvel and a plus factor is the South Beach market´s extremely limited new development inventory and viability, a statement said. "There´s virtually no new development product coming out of the ground in South Beach right now, so we offered a customised financing solution for JDS´s needs given our knowledge of the market, " said co-founder and managing principal of MRC, Josh Zegen. Michael Stern, founder and managing partner of JDS Development said securing this loan demonstrates the strength of the project, the attractiveness of the Miami Beach market and the overall demand for luxury housing in Miami. Sales at Monad Terrace are averaging almost US$2,000 (RM 7660) P/PSF and a penthouse unit is under contract for US$2,700(RM 10341) per foot, a record for the neighborhood. The sales and marketing is managed by Douglas Elliman Development Marketing. Outstanding aspects of the residences is how the project fuses environmental responsibility with innovative climate resilience features into the architecture, starting by elevating the building 11.5 feet, well over Miami Beach standards. MRC is a New York-based real estate investment firm that pursues real estate equity and debt investments in the middle market. MRC has invested in approximately US$7 billion (RM 26.81 billion) of transactions in the multifamily, retail, office, industrial and hotel sectors. --BERNAMA KUALA LUMPUR, April 25 (Bernama) -- Vricon - a producer of geospatial 3D solutions and Esri - a global leader in spatial analytics has brought the best of 3D analysis to warfighters, analysts and users at GEOINT 2018 Symposium in Tampa, Florida, US today.
Working with 3D data in ArcGIS Pro enables analysts to see the world as it really exists, explain what they are seeing more clearly and help better convey their findings to decision makers, a statement said. Chief executive officer of Vricon, Magnus Brege said: "Because Vricon 3D data is now available in Esri ArcGIS Pro, analysts can use the full power of 3D at scale. They are not limited to postage stamp-sized areas, but can explore the world - The Globe in 3D is using ArcGIS Pro." Working with 3D data was challenging as analysts were unfamiliar with 3D software, formats and analytic methodologies. Now, analysts can use Esri tools - to perform their analysis in a 3D environment. The Esri's ArcGIS Pro platform also helps analysts access Vricon data with ease and begin working with the data immediately. "We helped shorten the analyst´s learning curve by providing Vricon 3D data in an analytical environment that analysts use today," said Defense and Intelligence Industry Manager of Esri, Ben Conklin. "We are helping analysts capture features where they are easiest to identify and enhance their analysis. It is far more intuitive for them," Conklin added. The breakthrough in 3D analysis is made by the Indexed 3D Scene Layer (I3S) format - a new 3D standard for content strategy, approved by the Open Geospatial Consortium in September 2017. I3S is designed specifically for 3D geospatial content to include the requisite coordinate systems and height models and multiple layer types and supports the storage and transmission of large data sets. Symposium participants viewed demonstrations of 3D analytics using Vricon data and Esri's ArcGIS Pro Esri is located in booth #829 and Vricon in booth #847. -- BERNAMA DALLAS, April 24 (Bernama-GLOBE NEWSWIRE) -- YPO, the world’s premier leadership organization of chief executives, announced today that Techstars has joined as a gold sponsor and Geniecast, Emplify and Telluride are silver sponsors of the 2018 YPO Innovation Week.
YPO Innovation Week sponsors offer valuable insight, key connections and respected expertise that made the world’s largest and most impactful innovation initiative possible. “YPO Innovation Week brings together some of the most innovative and disruptive leaders around the world,” said YPO CEO Scott Mordell. “We are so pleased to partner with these prestigious and forward-thinking organizations and businesses to help elevate the week’s experiences for our members and take innovation to the next level.” During the week of 7-11 May 2018, YPO will host innovation events across the globe from Sydney, Australia to London, England; Santo Domingo, Dominican Republic to Palo Alto, California, USA and Nairobi, Kenya, and more. The mission of YPO Innovation Week is to drive innovation and transformation across a diverse range of industries and sectors through signature events, live interactive video casts and livestream events across more than 30 countries. Business leaders and pioneering thinkers will engage in a weeklong forum discussing the most important innovations affecting business today, including augmented and virtual reality, vehicle technology, digital imaging, wearables, smart home, sensors and more. “We welcome these prestigious partners and their participation in the 2018 YPO Innovation Week,” said YPO Innovation Week Chair Keith Alper. “With their support, we will truly be able to overturn conventional thinking and inspire business leaders to accelerate what’s next.” Gold Sponsors Techstars is featuring Techstars Founders who will deliver pitches at several YPO Innovation Week events, including the Global FinTech Summit, the World Technology Summit and the NYSE Closing Bell event. Silver Sponsors Geniecast is hosting digital events throughout YPO Innovation Week via two-way video broadcast. Emplify’s CEO Santiago Jaramillo, a YPO member, will present on the future of work at the Silicon Valley Summit and World Technology Summit. Telluride is hosting a virtual reality space at the Silicon Valley Summit and providing an exclusive prize package for YPO Global Innovation Award finalists. About YPO The premier leadership organization of chief executives in the world. YPO is the global platform for chief executives to engage, learn and grow. YPO members harness the knowledge, influence and trust of the world’s most influential and innovative business leaders to inspire business, personal, family and community impact. Today, YPO empowers more than 25,000 members in more than 130 countries, diversified among industries and types of businesses. Altogether, YPO member-run companies employ more than 16 million people and generate USD6 trillion in annual revenues. Leadership. Learning. Lifelong. For more information, visit YPO.org. About Techstars Techstars is the worldwide network that helps entrepreneurs succeed. Techstars founders connect with other entrepreneurs, experts, mentors, alumni, investors, community leaders, and corporations to grow their companies. Techstars operates four divisions: Techstars Startup Programs, Techstars Mentorship-Driven Accelerator Programs, Techstars Corporate Innovation Partnerships, and the Techstars Venture Capital Fund. Techstars portfolio includes more than 1,300 companies with a market cap of $12 billion. www.techstars.com About Geniecast Geniecast is transforming the way the world connects people, ideas, and inspiration. We are curators, producers, and distributors of the world’s largest online marketplace of thought leaders, athletes, speakers, celebrities, facilitators and more – all available via two-way, live video broadcast. Join us in the quest to inspire, lead, and evolve. At Geniecast, we strive to offer human-centric client services through great people and clever technology, one transaction at a time. From a warm welcome to individualized attention, we engage with you, one connection at a time. And, when you least expect it, we plan to surprise you with an extra touch, one experience at a time. To learn more, visit https://geniecast.com/. About Emplify Emplify, the industry leader in data-driven employee analytics and action-enabling insights for business leaders, helps executives leverage employee insights to make their workforce more successful. Backed by decades of research in human psychology and neuroscience, Emplify InsightsTM blends employee engagement best practices and hands-on expert coaching into an agile feedback system that’s simple yet more effective than historic annual employee surveys, and more trustworthy than modern pulse surveys. Emplify is trusted by companies like Ivy Tech Community College, Herff Jones, Harley Davidson, Cheetah Digital, Crew Carwash, Yamaha, and many others. Learn more at emplify.com. About Telluride Forty-five minutes from the nearest stoplight, at the end of a incredibly beautiful box canyon sits Telluride, Colorado, a National Historic Landmark surrounded by the highest concentration of 13,000' and 14,000' peaks in the United States. Above Telluride is a modern mountain village connected by a gondola, the only one of its kind in North America. While the ski terrain is world-renowned, the resort is truly defined by a collection of intimate and unmatched experiences. With your first walk down the historic main street, you’ll find the character and charm of Telluride as special as the majestic San Juan Mountains. To learn more, visit www.tellurideskiresort.com. Contact: YPO Linda Fisk Office: +1 972 629 7305 (United States) Mobile: +1 972 207 4298 [email protected] Source : Young Presidents’ Organization, Inc. --BERNAMA KUALA LUMPUR, April 24 (Bernama) -- Vricon Precision 3D Registration (P3DR) a software has been unveiled by Vricon - a global professional geospatial market with world-leading 3D geodata and 3D visualization solutions.
The software suite is designed to automatically georegister imagery, regardless of collection platform, against the most accurate 3D geospatial foundation available, The Globe in 3D. P3DR can be implemented as a real-time processing workflow for imagery feeds without the need for GPS location, heading information or ground control points, a statement said. It was unveiled by Vricon at GEOINT 2018 Symposium in Tampa, Florida, US. Enabled by Vricon's Globe in 3D, the software provides precise, accurate and georegistered GEOINT data for analytics and visualisation at a global scale. Vricon's chief executive officer, Magnus Brege said that users now have multiple options for where and when they can automatically georegister their full motion video or other imagery sources in real-time and at an enterprise scale. Vricon P3DR also supports analysts and warfighters with 0.5-meter resolution foundational 3D context, absolute accuracy of three meters or better in all dimensions (x, y, and z) and global coverage -- even in denied areas. Vricon products and services provide ready solutions for military, intelligence, telecommunications and emergency response needs included GPS-denied navigation, sensor fusion, targeting and situational awareness. -- BERNAMA |
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