Earning Pdu Credits – Information For Independent Contractor Pmp

Depending on how they earn the professional development units, pdu, required to renew their credential, they can continue to bear high costs. By utilizing more of the available credit earning options, costs can be lowered.

Many project pdu managers earn the 60 renewal credits in each 3 year cycle by attending courses. These tend to be relatively expensive. Typical tuition fees for project management courses are at least $250 per day. Often, tuition is $500 per day or higher which represents a per credit cost of between $30 and $70. Along with the useful knowledge, credential holders gain 8 credits for an 8 hour course. Of course, an independent consultant would lose the billable hours, worth perhaps $800, while they attend the course. Seminars and workshops also provide renewal credits but have costs similar to course tuition fees. Again, the independent contractor loses billable hours.

Luckily there are other, less costly ways to earn credential renewal credits. Reading project management materials in journals or on the Internet earns 1 credit for each hour of activity. This is a great way to research topics and get significant credits. Up to 15 credits can be claimed in each 3 year renewal cycle. The costs can be low or free and the time is well used, usually not resulting in a loss of billable hours.Working as a project manager also counts for up to 5 renewal credits per year. Independent contractors will have to document their actual project time to claim these credits. This should not be difficult since it is likely a professional obligation already.Attending the local PMI? chapter meetings is an excellent way to earn renewal credits and strengthen local business connections. The credits earned in this category will cost perhaps $14 each. Considering the possible future value of the business connections, this is often money well spent.

Other inexpensive renewal credits are available. Volunteering to serve on a pdu board or providing project management services to a non-profit organization are recognized activities. Unfortunately, these often require a substantial investment of time. Independent contractors would likely use their free time in order to avoid a loss of billable hours. There would be possible business contacts to gain but the time commitment would need to be closely examined.Independent contractors would be well advised to consider certain writing activities for their renewal credits. Perhaps an existing blog post or a project review document would be useful as a good starting point for an article. Up to 15 renewal credits can be claimed for each project management article published in a journal. Combining various materials can help when working on an article.

Until recently, there were few publishing pdu opportunities as many journals had very restrictive submission policies. Luckily this situation is now improved. Project management journals now exist that welcome article submissions. Independent contractors will find that writing articles for these publications offer some of the best value for renewal credits, both in dollars and time.

Benefits of Retail Outlet in Mixed Residential Commercial Development

The real estate scenario of Singapore is changing with every passing day. One can notice several new condo launch in Singapore, which are bringing changes in the living standards as well as retail business. Yes, condominiums are contributing towards the change in the retail sector as well. The growth of the mixed residential commercial development projects is one of the several reasons. There are different new mixed residential commercial projects in Singapore, some of which are Tanjong Pagar Centre, Duo Residences, and Marina One.

To know more about the good points about the mixed residential commercial projects on retail outlets, let us throw some light on some of their advantages.

The benefits of Mixed Residential Commercial Condos for Retail Section:

Before we start looking at the various benefits, we would like to ask you to focus upon the relation of every point. Every benefit that we are going to mention below is related to each other and builds a chain of relation. Now let us start with them:

Customers or clients: What is the most important aspect for a retail outlet? Isn’t it to find a potential customer? Yes, it is, as it is the customers, who keep the business alive and make it grow. If you have a retail outlet at the mixed residential commercial development, you would definitely get potential customers although this would be a limited group. But, you can turn this to your advantage by understanding their preferences and getting the stock accordingly.

Profits: For getting the space at this type of condominium property, one has to pay big rent. When the space is costly, the products would also be costly, and this would mean that the profits would also be higher. But, to ensure that this works well, you have to make sure that your products are convincing & attracting so that the customer would buy it.

Marketing: To make sure that all your profit planning goes well, you need to work on marketing strategies. And when you have the profits with you, then you can even think about expanding your marketing strategies and push the popularity of the brand.

Brand Awareness: Brand awareness plays an important role behind the growth of the business. If your brand is well known, then it can definitely garner good clientele list. With substantial awareness, it gets easy to work upon the marketing as well as product sales.

By looking at these benefits of mixed residential commercial condos on retail group, one can say that it is a good deal. Yes there would defiantly be certain flaws of it, but with these benefits, it can become easy to walk on the path of success and neglect the flaw full path.

Using The Feng Shui Wood Element In Home Decor

Here are some key items of this element: the color green, east or south-east direction, the symbol of a dragon, and more Yin than Yan energy. The symbols that depict it include flowers, trees, wooden items, rectangular furniture, straw crafts, paper crafts, fabric crafts, and paintings depicting a forest.

Its easy to add this element to your home using special feng shui figurines made of wood. Here are some good examples of such figures, and an explanation of their properties.

Elephant: The elephant figurine will help to make you more powerful and successful. Elephant became the symbol of a just and respected leader in China. The Elephant will help you acquire the necessary qualities to achieve recognition and high status. Place the statuette in your office or near your workplace at home.

Toad: A toad with coins in its hands is a talisman that helps to attract money. You need to place the toad near the entrance door, diagonally. Dont set it too high or too low. A money toad should look at the front door, welcoming wealth into your home. A money toad holds Chinese coins that symbolize prosperity.

Dragon: The dragon will help improve the energy of your home and help you succeed. The Dragon will activate the Yang energy that’s needed for success in new endeavors. The Dragon is one of the 4 protector animals, each of which corresponds to one of the four cardinal points. A dragon guards the eastern direction, so the statue is best put in the eastern sector of your house. However, the dragon embodiment of the feng shui wood element can be placed anywhere.

Dragon on a pearl: The dragon is a symbol of the Yang energy. In China, the dragon also symbolizes rain, which nourishes the earth and makes it fertile. The Dragon brings prosperity. The dragon that sits on the celestial pearl can help to make wishes come true. This figurine can be placed anywhere in your home or office.

Double happiness: The hieroglyph Double Happiness helps to harmonize relationships and strengthen love. In China, it’s a tradition to present this hieroglyph as a wedding gift, so that the newlyweds union remains strong. The hieroglyph is best hung in the south-west part of the bedroom, to attract and maintain love.

The mystic knot: The mystic knot is one of eight characters that appeared on the soles of the Buddha (according to legends). This sign is identified with the endless love, so beautiful that it has no beginning or end. It’s a good idea to hang this sign in the bedroom, to help prevent separations in your relationship.

These figurines are typically carved from a single piece of mahogany tree, Abash tree, and many others. They can become a perfect decoration for your home and help you balance your life using the feng shui wood element.

Gps Tracking Valuable Property Management.

There is no more valuable property to you than your personal property, and there is no more valuable thing in life than your family. So when you need to keep your personal property and family safe and intact what tools would you use? GPS tracking with millennium technology empowers users to manage their personal property and keep their families safe. Like no other technology, users are empowered to have safer, more secure environments.

This tracking device gives you tools, tools that help you manage and protect your property.

If your vehicle is ever stolen, what are the odds of it being recovered intact and in useable condition? In more and more cases stolen vehicle reports leave law enforcement agencies with little recourse except to recover the abandoned vehicle. With GPS tracking, law enforcement agencies can be fed real time vehicle location information allowing them the get the vehicle and the bad guys before its too late.

Situations occur every day where keys are left inside vehicles or other property. Millennium Plus technology allows the users to have remote access to the vehicle, allowing a remote unlock. Where before lost keys meant a costly visit by a locksmith, his bill and lost time, this technology offers a more sensible and time sensitive solution.

Sometimes its not where we go that makes a difference, but where we are not supposed to go. GPS tracking equips vehicles and property with technology that can be coupled with a simple PC to check where property is at any given time. Travel within these boundaries and no alarms are triggered, but if the boundary is past or exceeded, alarms monitor the vehicle and reports can be generated. Using this technology, GPS tracking ensures that people and things are where they are supposed to be at all times.

Other times its how we got to our destination that makes a difference. Users can monitor how a vehicle is behaving. If a vehicle exceeds a maximum speed for a set period of time, an alarm is triggered. This allows the user to check a particular vehicle for speed violations and provides an effective management tool.

Assists in property maintenance are also now available. Keeping track of the total usage of a vehicle or other piece of property and tying into a maintenance database, routine maintenance can be scheduled. From simple oil changes, tire rotations and other routine maintenance to more intensive overhauls, this can be a vital tool in making sure property is maintained to the highest level.

GPS tracking provides a valuable tool in the effort to track and secure critical personal property. From safety concerns to general maintenance, GPS tracking and millennium technology assists users with a basic tool kit coupled with monitoring technology. This system offers an advantage to people who want to make sure their property is safe, secure and intact.

Estate Planning Tips

An estate plan is something that nobody gets excited about doing and they are a lot of work and stress. The stress of knowing what to do to make the process go smoothly is enough to scare people; however, with a good attorney, estate planning is not something you need to fear and worry about anymore. In the mean time, there are some tips you can do to help minimize the stress.

1.The first thing you can do is determine what each person gets from the estate. When preparing your will, specifically mention who gets what and do not leave things generic or up to chance; when you leave things up to chance in estate planning , that is when you get fights over things. Make everything as specific as you can. If you forget to prepare a will, then the state will do that for you and then that can be a real problem. 2.List a guardian for children under 18 and pets. Consider someone you trust to take care of the child or pet and has the means to do so. If you know their parenting style, even better. 3.Arrange the finances for your child after your passing. Arranging for the finances for your child will alleviate the pressure of deciding how the child will be financially secure after you pass. By stating what your child gets, you prevent the child’s inheritance from being locked by the state and untouchable. 4.Specifically state how things should be spent. If you want certain amounts of money to be given to someone for a specific reason, then say that in your will. Again, leaving things up to chance leaves room for disagreement. For example, if you want to leave X amount of dollars to someone to be spent on college, then say that so the recipient cannot spend the money on something else. 5.Keep a current list of your assets and documents. Keep list of everything you owe, everything you own, including digital files products. This will be a pain to do but it will make a huge improvement in the process when your estate is being distributed to the recipients. 6.Review and revise your will. Just because you make a will once does not mean you are done. As time goes on, take a look back to your estate plan and determine whether or not everything is still good to go and if anything needs to be revised.

Mm Lettings Leading The Game In Rental Property

One of the most important factors in rental properties is creating the perfect atmosphere in which to attract possible tenants. In Northern Ireland, MM Lettings and Management has come up with new and innovative ways of letting properties. MM Lettings are comprised of letting agents located in Dungannon, Northern Ireland offering property leasing and management services to landlords and would be tenants in Northern Ireland. Aside from rental services, they also offer excellent direct letting services of properties from Dungannon to Belfast, Armagh, and Lisburn. If you are a landlord looking for a company to represent your properties, MM Lettings and Management is the right solution for your letting needs. And also, if you are looking for a property in which you would want to lease for a period of time, MM Lettings have properties for rent or lease in Dunagannon area, Armagh, and house to let in Belfast and Lisburn.

In todays economy, there has been a spread of sub- standard property rental all across the district but MM Lettings assures each of its clients that what they will get is quality service in letting management for landlords and first-rate letting properties for tenants looking for a house to rent or lease.

To understand better the company, MM Lettings NI was established sometime in January 2009 and it has been a fast growing vibrant company in commercial and residential property letting service. For landlords who have a property to lease, MM Lettings can do the best service for you and can guarantee a fast result in finding the best tenant suited for your leased properties. They understand the meaning of commitment and MM Lettings are dedicated to find the best possible prospect for your properties.

They have been offering excellent service for a lot of clients across Northern Ireland. It will be much more efficient to let your properties be handled by professionals who know the inside and out of the letting trade and can guarantee you that your property will be not be vacant for a long time after you put it on MM property listings.

Aside from excellent contacts in the trade, MM Lettings can provide you with excellent letting management for all your properties without having to worry about vacancies and tenant shortage. And even if your property is already let, MM Lettings services dont just stop there. They continue to oversee your property making sure that it is always in perfect condition and the tenant is contented with everything regarding the leased residential or commercial property. In MM Lettings, they guarantee excellent service and they are dedicated in finding you the best tenant for your real estate and you are assured about the safety of your property while it is on lease.

Interviewing Your Contractor

Before you even consider calling a contractor, you need to know exactly what you want him to do. First of all, go online and see what is available in your area. You will want a contractor that is easy to reach, and if you have to leave a message, how long will it take him to return your call.

Then make a list of the projects that youll want the contractor to tackle. If the list is long, try to narrow it down to the essentials. Then pick four or five local contractors and give them a call. Ask each one similar questions so you can judge the one that seems the most honest, qualified, and reliable.

On your list write the contractors license number, workers compensation number, and bond number. Dont hire a contractor until you have those numbers in hand and contact the agency to see if his licenses are still valid or have they expired? Does the contractor have a printed contract with his name, address, phone, and license numbers?

Is the contractor qualified and has he done a job like yours before? Does he have references, and can you contact them? How long does he estimate that the job will take to complete and when can he start? Keep definite dates in mind, but allow for a bit of leeway.

Now that youve narrowed the list down to two or three, contact the contractor again and ask for an interview and a price quote. Make a note if the contractor arrives on time, or if he runs late, does he call you to let you know he is running late. If a contractor fails to do that, forget about him, and go on to the next one.

How and when does the contractor expect payment? There are laws that state how much a contractor can collect as a down payment. Make sure you know the law and hold the contractor to it. For instance the law forbids a company from taking over 10% or $1,000 as down payment.

Before you sign on that proverbial dotted line have the due dates written on the contract. For instance, the second payment may be due when they deliver the material. There may be additional payments with the final due when the project is completed to your satisfaction.

Does the contractor hire sub-contractors? If so make sure they get paid. Otherwise if the contractor does not pay the sub, they can come back to you and demand payment or put a lien on your home.

Be cautious, but not demanding, and when they start the job stay out of their way and let them do their job.

Huge Growth Potential In Real Estate In Gurgaon

Huge growth potential is perceived in real estate in Gurgaon in the coming future. Gurgaon has always been in the forefront of real estate business in India. As a matter of fact, the city is the emerging corporate centre of India. Major infrastructure investment companies such as Omaxe, DLF, Parsvanath, Ansal, etc. have many completed and ongoing projects in the region. Also, there is a host of realtors and real estate consultants in the area who are instrumental in keeping the market vibrant with business transactions. Small-time players and individual investors are keenly involved in the residential as well as commercial property dealings in the city. Even rental property market also has good growth potential in Gurgaon.

Gurgaon property market has been facing a slump in concurrence with the global economic meltdown. However, it has been a temporary and transient phenomenon. Now, industry sources are of the view that Gurgaon real estate is poised for ever greater appreciation in the coming future. The growing urbanization and commercial significance of the region contributes to the higher demand for properties in this corporate hub. Industry insiders say that barring the recent recession, there has been a consistent 25 to 30 per cent annual appreciation in Gurgaon properties over several years. The economically strategic location of the city is the main reason for the growing real estate value.

The primary reason for the growing real estate value in the locality is the close proximity of Gurgaon to the national capital. Now India is emerging as a major world market. In consequence, most of the major multinational companies have shifted their focus to the Indian subcontinent. Those companies coming to India to set up shop in the national capital find the nearby Gurgaon more ideal and appealing. This is because Delhi is already congested and there is scarcity for space. Further, the Haryana government is keen to arrange sufficient infrastructure and allow concessions. Also, the availability of land and the scope for further development are the other attractions of the region. This has necessarily facilitated huge growth potential in Gurgaon real estates.

Growth in real estate value is also attributable to the sophisticated infrastructure in the region. In recent times, there has been much growth in the transportation facilities in the Gurgaon region. The Jaipur-New Delhi National Highway, the Gurgaon-New Delhi Expressway, the New Delhi-Gurgaon Metro Rail, the proposed Gurgaon Metro Rail and considerable road developments that took place in and around the city, etc. have made the access to the city very much convenient.

Housing Assistance for Low-Income Families

Many low-income families require assistance with affordable housing, and programs and policies that fulfill these needs help many people realize their lifelong dream of being a homeowner. Before one applies for public housing assistance programs in Dallas, some important points should be remembered.

The American government helps in providing affordable and sustainable housing to low-income families by giving them considerably decent rental accommodation as part of public housing programs. There are an estimated number of almost a million households that have been aided by Federal funds. The HUD or the -Department of Housing and Urban Development- looks after these housing assistance programs for low-income families. There are a number of HA or Housing Agencies that manage these assistance programs. Providing affordable housing to low-income families is a stabilizing attempt made by the US government, to have balance in the social structure.

At the time of the Great Depression, many Americans were left with almost no money which was the result of widespread unemployment. This was the time when housing help was first provided to low-income families.

Criteria of eligibility: In order to make sure that the public aid is going to really needy applicants, and the grant of aid is not being abused in any way, the HA decides on the eligibility of the applicants based on a criterion. The gross annual income of an applicant has to be either 50% of AMI or Average Median Income, or 80% of AMI. Those whose income is 80% of AMI belong to the -low-income- category while those whose salary is 50% of AMI belong to -very low-income- category.

If you are looking for quality and affordable housing, you can browse the internet where you will find a number of websites of housing authorities that assist low-income families by providing them with safe and decent houses. Get all information before you invest.

About the Author:
Made up of more than 300 organizations and individuals, The North Texas Housing Coalition, Inc (NTHC) is a 501(c) (3) HUD-certified counseling agency. It works to improve and increase affordable housing in the North Texas region.

Beautiful Antique Furniture for Every Purpose

It seems like nothing is made quite like it used to be made. Modern furniture and interior decorations are often inexpensive, stylish, and lightweight. Durability and craftsmanship somehow gets lost frequently with modern items. It’s no wonder that the world of antiques is alive and well, not only in America, but around the world. Antiques are often thought by many as anything old. A true antique is more of a treasure than merely something old, although antiques are usually classified as such when they are at least 80 years old. Antiques are collectible items defined by beauty, condition, utility, rarity, and sentimental value. They are sought after for their uniqueness, craftsmanship, and fine detail. If you go back through history, you’ll discover that building furniture, for example, was not done in bulk for the masses. Furniture was created and designed by skilled artisans and carpenters with an eye for detail, style, and beauty. Furniture was made of the finest materials. These are admirable qualities that are more rare to find in furniture stores today. Antiques are typically purchased from estate sales, auction houses, online auctions, and antique shops. Many antiques are inherited and have been passed down through families for hundreds of years. Antique dealers are often members of national trade associations. You can find antique furniture in Los Angeles from many knowledgeable dealers that can help you learn about your purchase. They will be familiar with the history of the time period’s styles. They may even know the history behind the piece. Antiques for Everyone >

Antiques are a wonderful way to add history, style, and uniqueness to any home or business. Many antiques, especially pieces that are older or with more highly skilled craftsmanship, are expensive. However, there are many antiques that are affordable for anyone. People often think of furniture when they think of antiques. Furniture is a big market in the antique world, but there is so much more. You can find antique clothing, jewelry, tools, equipment, clocks, lamps, mirrors, and more. Find a store withantique furniture in Los Angelesand you’re likely to find a variety of other more affordable items to add some history and design to your life. Castle Antiques & Design , open to the public, we are one of the largest importers of antique furnishings in the greater Los Angeles area. Established in 1975 as a major wholesaler to antique dealers and interior designers.We now offer retail, wholesale, rental, staging, repairs, restoration and custom made services at antique furniture in Los Angeles.

Senior Housing Tip – Overall Impressions Matter

Whether you are willing to admit it or not, we all need help as we age. For seniors, this raises the issue of housing options that cater to their unique situation whether they could use just a bit of help with daily chores or need full time medical assistance.

The housing options available to seniors are surprisingly varied. The main classifications run from retirement homes to assisted living to nursing homes. This being said, there are many facilities that provide housing options that blur these lines. Given this, trying to choose an option can quickly become overwhelming. This can lead to a poor choice.

There are a vast number of options you should be looking at with senior housing. They range from the obvious such as the monthly costs to the more sublime such as whether alternative health practices like yoga are offered. Most will suggest you put together a master list of issues and create a checklist for each housing option you visit. This is a smart move, but you shouldn’t lose the forest for the trees.

When considering housing options for a senior, don’t forget to use your common sense. What is your overall impression of the particular housing? Would you want to live there? The primary question often boils down to whether the housing feels like a health care institution or a real living community. Institutions are cold and barren places.

A quality housing option for seniors is one that offers many of the amenities of home. The rooms should be apartment like with lots of windows. The grounds should include gardens and places to play sports, go for walks and so on. There should be areas where the residents can gather and socialize. Basically, we are talking about a quality of life that should be high enough to ensure a comfortable existence.

When considering your housing options, don’t jump at the first community you visit. There are plenty of free services across the country that will explain your options and provide you with tours of various facilities in your area. Go on as many of these as you can. You’ll be able to develop a feel for the various options as well as which of them are attractive to the senior in question. This information can then be used to narrow down the possibilities and make a final choice.

There are many options to consider with senior housing. Whatever choice you decide upon, make sure it is one that offers a quality level of living.

Find out more: Contact Care Placement

Contractor Expenses

Probably the most difficult and frustrating aspect of contracting are actually finding a contract in the first place. As in life, price does not always relate to the quality of services you will receive. The trick is to always stay positive and never lose motivation. It’s much better to pursue and know the status of things rather than sit around and worry. Finding contractor expenses is a task that can be done by professional contractor accountants.

The contractor completes the actual work, timesheet and submits this along with expense claims to the umbrella company. Usually the fees cost contains 65 + vat per month, this works out at 780.00 per year + vat. Contractor accountants are employed especially for the task to manage accounts, profits, losses and many other things. Every one while setting up a company has a dream of taking their business to the best heights and being successful. And to achieve this, the most important thing is to have a proper plan of action. This makes tasks easy! It also helps in tracking the progress and evaluates ones performance based on certain check points in the form of goals or milestone. There are number of umbrella company services available who take such type of work and do it efficiently for their clients. All umbrella companies use the same PAYE calculations to ascertain how much tax should be paid. Some contractors start out by thinking an accountant is an added expense that they don’t need. If the contract is violating IR35, then the only expenses claimable before calculation of the deemed salary is:- –

– 5% of net sales – Travel and accommodation expenses -Pension contributions -Certain professional subscriptions

However, it must record all business expenses so that it helps us to see the true cost of running the company.

Some of the more common expenses are:- – Company formation – Accountancy fees – Business travel and accommodation – Postage for business – Stationery for business – Business telephone calls – Mobile telephone and calls – Salaries etc

Apart from that some may include: Mileage & general travel expenses, hotel and accommodation expenses and Professional Subscriptions. Food and subsistence is rarely allowed to be claimed because one would eat regardless whether you are working or not. Expenses determine the growth pattern of any business and smooth functioning of operations.

For more information regarding Contractor Expenses , Please visit 123contracting.co.uk

Mmrda To Make Affordable Housing In Mumbai Possible

At a juncture when both capital and rental values of residential property in Mumbai are touching skies, Mumbai Metropolitan Region Development Authoritys (MMRDAs) announcement for building five lakh low-cost houses brings in a ray of hope for those dreaming for their own house in the fairyland.

Residential rentals in Mumbai have been escalating for the past several years due to limited availability and soaring demand, and most of the tenants wished if they could buy a house and replace the rental payments with loan installment. However, this wish was hardly fulfilled with the kind of price range Mumbai properties have been carrying.

Consider this, some few months back, 2 BHK apartment units in Cuffe Parade (South Mumbai) were being leased out for Rs 45,000 to Rs 80,000 per month. But today, the same size apartment in the same area on rent will easily cost a sizeable Rs 1.25 lakh a month.

Rental rates are soaring in others areas as well. For instance, in Bandra 2 BHK apartment now comes with a price of Rs 90,000 per month, a few months back the same property was valued for Rs 25,000-Rs 40,000 a month. Besides the rentals in Vashi, a middle-class locality in Navi Mumbai has also gone up to Rs 20,000 per month as compared to Rs 12,000 per month, two years ago for a 2 BHK apartment flat. Even semi furnished apartments down the much desired Palm Beach Road are available for as much as Rs 18,000 per month.

Though the prices are increasing day by day, not many transactions are taking place. There is a lot of demand but sky rocketing property prices are deferring the buyers from having a home in Mumbai at present, say MK Shah, Mumbai Real Estate agent.

In the course of all this governments announcement to build five lakh affordable housing units in the city has bought some respite to the prospective buyers. These houses will be made available on rent for people from middle and lower-income groups. The project is likely to come up in the next five years. MMRDA believes that the move will help bring down the cost of housing in Mumbai, media reports.

Thai Real Estate Investment Soared On Back Of Property Fund Activity

KTAM Aims to Become Thailand’s Leading Property Fund,Increasing Assets Under Management to 11.3 Billion

The Bangkok Post reported on Thursday, 22 February that real estate investment in Thailand soared by 81.8 percent to $2 billion (1.3 billion)in 2012, nearly double the $1.1 billion (720 million) in 2011, as property funds markedly increased their investment activity.

According to property consultant DTZ, Thailand’s real estate market was boosted by the listing of major property funds and a high number of acquisitions, particularly in the office and hotel sectors. Some $1.1 billion (720 million), or 55 percent of total real estate investment, came from transactions by real estate funds or public funds for public offerings (PFPOs).

Investment activity received a major boost from the listing of Tesco Lotus Retail Growth Freehold and Leasehold (TLGF) in the beginning of January 2012, which proved to bethe largest property fund listing for the year. The $594-million (389 million) fund purchased 17 Tesco Lotus shopping malls in prime locations across Thailand in a deal which by itself exceeded half of the real estate investments in the country in 2011.

Other notable property fund investments in 2012 included the purchase during the first quarter of three serviced apartment complexesand residences for $106 million (69 million) by the listed Land and Houses Freehold and Leasehold Property Fund (LHPF). Additionally, the Quality Houses Hotel and Residence Freehold and Leasehold Property Fund (QHHR) bought three Centre Point serviced apartments in the third quarter, for some $107 million (70 million).

KTAM Eyes Real Estate Market

Krung Thai Asset Management (KTAM) has the ambition to lead the market in property funds and,more specifically, to increase its assets under management by 20 percent in 2013 to 516 billion baht (11.3 billion), said chief executive officer Somchai Boonnamsiri, citing the positive overall investment climate.

The Bangkok Post reports that Thai billionaire Charoen Sirivadhanabhakdi plans to raise funds through the funds managed by KTAM, with the subsequent capital increase being dedicated to turning KTAM into the global leader of this type of fund.

KTAM is considering entering new markets including Mexico, Brazil and some European countries. Annualised return for short-term investments in these regions is forecast at 3.5 percent or about one percent higher than returns in the Thai domestic market.

The Thai fund intends to boost the capital of property funds under the direction Sirivadhanabhakdi’s TCC group to as high as 50 billion baht (1.1 billion) this year. The fund also plans to launch ETFs on the Stock Exchange of Thailand in sectors such as food, energy, ICT and the commercial sector.

2013 will be the last year in which Thailand’s Securities and Exchange Commission will allow investments in what has been known as property type 1, with introduction a new type of property fund, the internationally recognised real estate investment trust, set to replace the old structure.

Positioning Office Furniture

For most people, arranging office furniture may be a low item on their priority list. However, if an individual has an office at their home or at their job, it is very important that they consider how it should be arranged. It is also important to note and know that there are professionals who hired to perform these duties in large corporations and other businesses. These people are hired to arrange offices and work areas in order to increase worker productivity.

Each office area in a large corporation is strategically arranged; specifically areas that have large volumes of employees working in customer service type of positions. Therefore, two of the major goals or objectives in setting up a properly arranged office are productivity and comfort. Sometimes the individuals in an office may want to arrange the furniture in order accommodate or make their clients more comfortable. Other people may want to arrange the furniture in the office to make their work activities more productive. While other people want the furniture to be arranged so that it is very pleasing and attractive to them and the person that comes in to visit.

The size of the room should be measured before purchasing the furniture from a local furniture store or shopping for different items online. Also, the size of the room will allow the person to make a preliminary plan or outline of where they want the office furniture to be placed in. Because the desk is the most important piece that will be placed in the room it should be positioned first. The desk is also is the focal point and other furniture will be positioned around it.

If productivity is the major goal or objective, the desk should be positioned near all of the electrical outlets. Positioning the desk near the electrical outlets will allow the person to plug and unplug the computer, lights, and other machinery without having to get up and down. The desk should also be position, if possible, near a window, which will give the individual the amount of light, especially if they will be working throughout the day time hours.
Machines, file cabinets, and other office supplies should also placed near the desk. The goal is to place the things that are most commonly used as close to the person as possible. This will keep them from having to get up multiple times to perform certain activities.