REVIEW Volume 17 | 2019

Total Page:16

File Type:pdf, Size:1020Kb

REVIEW Volume 17 | 2019 Cornell Real Estate REVIEW Volume 17 | 2019 The Baker Program WX New York Women Executives in Real Estate, Alumni Highlights, International Trek: Shanghai, Domestic Trek: LA The RE Industry Cornell RE Conference Recap, Hodes Weill & Associates Institutional Real Estate Allocations Monitor Research Articles Coworking, U.S. Energy Boom, Student Housing, Opportunity Zones, Modular Construction, Middle East Tourism, Finance For Modular Housing 1 22 Table of Contents BAKER PROGRAM ...................................................................................... 6 Cornell Real Estate Women: Highlights from the WX New York Women Executives in Real Estate Panel ........................................................ 8 Alumni Highlight: Jiwon Park....................................................................... 13 Women Executives in Real Estate Alumni Highlight: Ravi Pamidimukkala ........................................................ 14 Panel - pg. 8 Case Competitions ....................................................................................... 16 International Trek: Shanghai ........................................................................ 18 Domestic Trek: Los Angeles ........................................................................ 30 REAL ESTATE INDUSTRY .......................................................................... 40 Real Estate Conference Recap .................................................................... 42 International Trek: Shanghai - pg. 18 Hodes Weill Allocations Monitor................................................................... 50 RESEARCH ARTICLES ............................................................................... 56 A Taxonomy of Coworking Space: Manhattan, NYC Author: Yaoyi Zhou ................................................................................... 58 Tailwinds on the U.S. Gulf Coast: How the Boom in U.S. Energy Domestic Trek: Los Angeles - pg. 30 Production is Creating Opportunities for Real Estate Investment Author: Christopher Trahan ..................................................................... 66 The U.S. Student Housing Market: Overlooked Opportunities Author: Joseph McFalls ............................................................................ 74 Opportunity Zones and New Orleans: A Chance for Affordable Housing Growth Author: Wilson Blum ................................................................................. 82 Modular Construction: A Solution to Affordable Housing Challenges Real Estate Conference Recap - pg. 42 Author: John Thompson ........................................................................... 90 Rising Tourism in Saudi Arabia: Implications for Real Estate Investment Author: Ali Daye ........................................................................................ 98 The Hurdles to Financing Modular Development Author: Daniel Feutz ............................................................................... 106 Research Articles - pg. 56 3 Editorial Board EXECUTIVE EDITORS EDITORS Christopher Trahan Wilson Blum Lera Covington Ali Daye Dustin Dunham Ershad Chagani Andrew Gordon Julian Karel Joe McFalls Rashaad Robinson Jennifer Spritzer Peter Romano Ryan Sequeira John Thompson Jimin Won All manuscript submissions, photocopy and reprint requests, FACULTY ADVISORS and subscription orders should be mailed to: Dr. Michael Tomlan Director of Graduate Studies, Cornell Real Estate Review Graduate Field of Real Estate 489 Statler Hall Cornell University Dustin Jones, Esq. Ithaca, NY 14853 Director of Baker Program in Real Estate Find us online. Website: https://baker.realestate.cornell.edu Email: [email protected] LinkedIn: Cornell Baker Program in Real Estate Podcast: Cornell Real Estate Review 4 Letter from the Editors DEAR READERS, The Editorial Board of the Cornell Real Estate Review is pleased to present Volume 17 (2019). Under the direction of the Baker Program in Real Estate, the Review is a student run publication founded in 2002 as a forum for faculty, professionals, and real estate students to focus on the interdisciplinary nature of real estate. The Review covers a broad range of issues from various real estate fields including design, business economics, engineering, finance, law, planning, development, marketing, and property management. The publication blends informative articles on real estate practice with application-based academic research. This year’s volume includes articles spanning several emerging or fast-changing areas in real estate both domestically and abroad. Cornell Real Estate Women Highlight: WX: New York Women Executives in Real Estate; Alumna Highlight: Jiwon Park; Alumnus Highlight: Ravikanth Pamidimmukkala; Case Competitions; International Baker Program Trek: Shanghai; Domestic Baker Program Trek: Los Angeles; 36th Annual Cornell Real Estate Conference Recap; 2018 Institutional Real Estate Allocations Monitor; A Taxonomy of Coworking Space: Manhattan, NYC; Tailwinds on the U.S. Gulf Coast: How the Boom in U.S. Energy Production Is Creating Opportunities for Real Estate Investment; The U.S. Student Housing Market: Overlooked Opportunities; Opportunity Zones And New Orleans: A Chance For Affordable Housing Growth; Modular Construction: A Solution To Affordable Housing Challenges; Rising Tourism in Saudi Arabia: Implications for Real Estate Investment; The Hurdles To Financing Modular Development. In addition to this publication, the Review staff has published weekly blog articles touching on technology, international real estate, and current events (http://blog.realestate.cornell.edu/). Fifteen Baker Program graduate students, with the assistance of two advisors, share responsibility for publication of the Review, a task which requires extensive time creating, editing, and formatting submissions. We are indebted to all of the contributors and editors for the quality of the content. We especially would like to thank Dr. Michael Tomlan and Baker Program Director Dustin Jones for their continued support and guidance. We hope that you enjoy this volume of the Review. Sincerely, Christopher Trahan (Baker ’19) Ershad Chagani (Baker/MBA ’19) Jennifer Spritzer (Baker/MBA ’19) Joe McFalls (Baker ’20) Wilson Blum (Baker ’20) 5 Baker Program 6 7 Highlights: WX New York Women Executives in Real Estate Written by: Krizia Calmet, Cornell Real Estate Women For the fourth consecutive year, the Cornell Center for Real culture. The more you can communicate, the better,” Estate and Finance and Cornell Real Estate Women hosted Cheryl Boyer, COO of Fulcrum Hospitality stressed that its annual WX Panel Discussion held at Statler Hall on culture misalignment can be detrimental for both employees March 11. WX New York Women Executives in Real Estate and employers. Ana Kalugina, a senior associate in the is an invitation-only association for New York’s executive- company’s commercial real estate banking group, said that, level women actively engaged in the commercial real estate even at large multinational companies like JP Morgan, there industry. Through networking opportunities and educational are sub-cultures within the firm with their own work styles. seminars, WX promotes the advancement of women in the COMPORTMENT industry for its diverse membership of owners, developers, brokers, architects, engineers, bankers, and lawyers. “I’ve learned that people will forget what you said, people Sylvia Melikian (MBA ’76) moderated the four member will forget what you did, but people will never forget how panel of distinguished WX executives who shared their you made them feel.” Melikian referenced the famous experiences and strategies for achieving success in Maya Angelou quote when emphasizing the importance the industry and their respective fields of hospitality, of professional behavioral characteristics ranging from banking, development, and asset management. Over posture, speech fillers, eye contact, and body language. forty undergraduate and graduate students in hotel Kalugina reflected on the value of her communications administration, city and regional planning, real estate, and course at Cornell and urged students to take advantage of business attended the event. After the discussion, panelists the tremendous number of resources while in school. “We and students enjoyed a networking reception in Statler Hall. all have to communicate and communicate effectively,” Below are some highlights from the evening. commented Boyer after stating how she also found her communications class at Cornell helpful. Applebaum IMPORTANCE OF CORPORATE CULTURE AND SELF­ also stressed the importance of effective communication AWARENESS since 90 percent of communication is nonverbal (vocal, gestures, postures) while the remaining 10 percent is As students prepare for careers in commercial real estate, verbal. Horstmann also mentioned a study in which men Karen Horstmann, portfolio manager of Norges Bank Real apply for jobs when they meet 60 percent of qualifications Estate Management, urged the audience to take risks and while women apply only if they meet 100 percent. She follow their intuitions. In Horstmann’s view, finding the right urged attendees to “stop the negative dialogue and believe corporate culture fit is important to retain employees. She in yourself.” emphasized the importance of cultivating self-awareness and recounted her personal evolution from a shy math NAVIGATING THE “PINK GHETTO” geek at MIT to a confident and vocal business school student. Amy Applebaum, deputy
Recommended publications
  • United States Securities and Exchange Commission Form
    Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ————————————————————— FORM 10-Q ————————————————————— QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF x 1934 For the quarterly period ended December 31, 2016 or TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF o 1934 For the transition period from to Commission File number 1-04721 ————————————————————— SPRINT CORPORATION (Exact name of registrant as specified in its charter) ————————————————————— Delaware 46-1170005 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) 6200 Sprint Parkway, Overland Park, Kansas 66251 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (855) 848-3280 ————————————————————— Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes x No o Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes x No o Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company.
    [Show full text]
  • List of Brands
    Global Consumer 2019 List of Brands Table of Contents 1. Digital music 2 2. Video-on-Demand 4 3. Video game stores 7 4. Digital video games shops 11 5. Video game streaming services 13 6. Book stores 15 7. eBook shops 19 8. Daily newspapers 22 9. Online newspapers 26 10. Magazines & weekly newspapers 30 11. Online magazines 34 12. Smartphones 38 13. Mobile carriers 39 14. Internet providers 42 15. Cable & satellite TV provider 46 16. Refrigerators 49 17. Washing machines 51 18. TVs 53 19. Speakers 55 20. Headphones 57 21. Laptops 59 22. Tablets 61 23. Desktop PC 63 24. Smart home 65 25. Smart speaker 67 26. Wearables 68 27. Fitness and health apps 70 28. Messenger services 73 29. Social networks 75 30. eCommerce 77 31. Search Engines 81 32. Online hotels & accommodation 82 33. Online flight portals 85 34. Airlines 88 35. Online package holiday portals 91 36. Online car rental provider 94 37. Online car sharing 96 38. Online ride sharing 98 39. Grocery stores 100 40. Banks 104 41. Online payment 108 42. Mobile payment 111 43. Liability insurance 114 44. Online dating services 117 45. Online event ticket provider 119 46. Food & restaurant delivery 122 47. Grocery delivery 125 48. Car Makes 129 Statista GmbH Johannes-Brahms-Platz 1 20355 Hamburg Tel. +49 40 2848 41 0 Fax +49 40 2848 41 999 [email protected] www.statista.com Steuernummer: 48/760/00518 Amtsgericht Köln: HRB 87129 Geschäftsführung: Dr. Friedrich Schwandt, Tim Kröger Commerzbank AG IBAN: DE60 2004 0000 0631 5915 00 BIC: COBADEFFXXX Umsatzsteuer-ID: DE 258551386 1.
    [Show full text]
  • 2018 ANNUAL REPORT Streetsquash’S Mission Is to Provide Consistent, Long-Term, and Reliable Support to the Children, Families, and Schools in Harlem and Newark
    2018 ANNUAL REPORT StreetSquash’s mission is to provide consistent, long-term, and reliable support to the children, families, and schools in Harlem and Newark. By exposing these children to a broad range of experiences and by maintaining the highest standards, StreetSquash aims to help each child realize his or her academic, athletic, and personal potential. Elhadji Mare, StreetSquash Class of 2014, delivers the commencement address at his graduation from Trinity College in 2018. 2 3 TO THE STREETSQUASH COMMUNITY, CONTENTS This September, we assumed the co-chair roles as part of the have a robust alumni support program that allows our students StreetSquash Board of Directors. In 19 years, the organization to earn degrees at three times the national rate of students in 6 - 7 ....................StreetSquash Approach and Impact has had only three prior chairpeople: Jeff Laikind (StreetSquash the same demographic. And, perhaps most importantly, we are 8 - 9 ...................StreetSquash Serves Harlem, 1999-2008), Geoff Mitchell (StreetSquash Newark, proud to be part of an organization that is about to celebrate 20 10 - 11 ...............Academics 2011-2018) and Mitch Truwit (StreetSquash Harlem, 2009- years of supporting participating students, families, and schools. 12 - 13 ..............Squash 2018). For those of you who know any of these three men, you It is undeniable that StreetSquash is endlessly committed to 14 - 15 .............Making History in Newark’s will know that we have very big shoes to fill - so big, in fact, that the communities in which it works, and we are grateful to all of First-Ever Graduating Class it requires two of us to do the job! our partners for believing in us, and for helping us to achieve our mission, year after year.
    [Show full text]
  • GWO Litigation Trust V Sprint.Pdf
    IN THE SUPERIOR COURT OF THE STATE OF DELAWARE THE GWO LITIGATION TRUST, ) ) Plaintiff/Counterclaim Defendant, ) ) v. ) ) SPRINT SOLUTIONS, INC., ) ) Defendant/Counterclaim Plaintiff. ) ) C.A. No. N17C-06-356 PRW ___________________________________ ) CCLD ) SPRINT EWIRELESS, INC., ) ) Third-Party Plaintiff, ) ) v. ) ) THE GWO LITIGATION TRUST, ) ) Third-Party Defendant. ) Submitted: July 19, 2018 Decided: October 25, 2018 Upon Defendant Sprint Solutions, Inc.’s Motion to Dismiss Counts Three through Seven of the Amended Complaint, DENIED in part; GRANTED in part. Upon Plaintiff GWO Litigation Trust’s Partial Motion to Dismiss Defendant’s Amended Counterclaims and Sprint eWireless, Inc.’s Third-Party Claim, DENIED in part; GRANTED in part. MEMORANDUM OPINION AND ORDER Richard M. Beck, Esquire, Sean M. Brennecke, Esquire, Klehr Harrison Harvey Branzburg LLP, Wilmington, Delaware, John D. Byars, Esquire (pro hac vice), Joseph C. Smith, Jr., Esquire (pro hac vice) (argued), Bartlit Beck Herman Palenchar & Scott LLP, Chicago, Illinois, Attorneys for Plaintiff. Steven L. Caponi, Esquire, Matthew B. Goeller, Esquire, K&L Gates LLP, Wilmington, Delaware, David I. Swan, Esquire (pro hac vice) (argued), McGuireWoods LLP, Tysons, Virginia, Brian A. Kahn, Esquire (pro hac vice) (argued), McGuireWoods LLP, Charlotte, North Carolina, Attorneys for Defendant and Third-Party Plaintiff. WALLACE, J. I. INTRODUCTION Sprint Solutions, Inc. (“Sprint”) entered into a series of contracts with General Wireless Operations, Inc. (“General Wireless”) in early 2015
    [Show full text]
  • The Big Data-Driven Business
    WEBFTOC 10/29/2014 22:19:44 Page vi WEBFFIRS 10/29/2014 22:14:6 Page i THE BIG DATA- DRIVEN BUSINESS HOW TO USE BIG DATA TO WIN CUSTOMERS, BEAT COMPETITORS, AND BOOST PROFITS RUSSELL GLASS • SEAN CALLAHAN WEBFFIRS 10/29/2014 22:14:6 Page ii Cover design: Wiley Copyright 2015 by LinkedIn Corp. All rights reserved. Published by John Wiley & Sons, Inc., Hoboken, New Jersey. Published simultaneously in Canada. No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, scanning, or otherwise, except as permitted under Section 107 or 108 of the 1976 United States Copyright Act, without either the prior written permission of the Publisher, or authorization through payment of the appropriate per-copy fee to the Copyright Clearance Center, 222 Rosewood Drive, Danvers, MA 01923, (978) 750-8400, fax (978) 646-8600, or on the web at www.copyright.com. Requests to the Publisher for permission should be addressed to the Permissions Department, John Wiley & Sons, Inc., 111 River Street, Hoboken, NJ 07030, (201) 748-6011, fax (201) 748-6008, or online at www.wiley.com/go/permissions. Limit of Liability/Disclaimer of Warranty: While the publisher and authors have used their best efforts in preparing this book, they make no representations or warranties with respect to the accuracy or completeness of the contents of this book and specifically disclaim any implied warranties of merchantability or fitness for a particular purpose. No warranty may be created or extended by sales representatives or written sales materials.
    [Show full text]
  • CELL PHONES Cell Phones Come with Either Prepaid Or Contract Plans
    CELL PHONES Cell phones come with either prepaid or contract plans. There are benefits to both, so choose the one that best fits your needs. Prepaid plans There are two types of prepaid plans: 1) Pay a set fee per month for unlimited talk, text messages, and data. If you talk, text, or use data a lot each month, this may be one of the cheapest types of plans. AT&T Go Phone, Boost Mobile, Virgin Mobile, MetroPCS, and T-Mobile offer this type of plan. You can check their websites for the most up-to-date prices. 2) Purchase a set number of minutes of talk, text, and data. When you use all of those minutes, you have to buy more minutes. This type of prepaid plan is generally cheapest if you do not talk a lot each month. Tracfone, Net10, Straight Talk are examples. Actually the least expensive of all the prepaid phones out there is the Tracfone. • Pros: Flexibility because there is no contract and no cancellation fees. No credit check required, so you do not have to pay a security deposit. • Cons: Not cheapest if you need multiple lines. Must purchase phone at full price (usually). Can be frustrating if you run out of minutes in the middle of a conversation (for prepaid plan 2). Contract Plans In this type of plan, you sign a contract with a cell phone company for a set period of time, usually two years. • Pros: The companies usually subsidize your phone, so you pay less for the actual phone. You can get a discount if you have multiple lines (like a family plan).
    [Show full text]
  • Special Meeting of the EVRPD Board of Directors Tuesday, February 16, 2021
    Special Meeting of the EVRPD Board of Directors Tuesday, February 16, 2021 Board President: 1. Calls Meeting to Order a. Leads the Pledge of Allegiance b. Moment of Reflection c. Conflict of Interest Disclosures Before the meeting commences, the Board President asks: “Are there any Board Members who need to disclose a conflict of interest related to the agenda items?” [If there is a conflict, the Board member explains the conflict and then recuses himself/herself from the meeting before the Board discusses that agenda item.] 2. Consent Agenda The consent agenda is considered a single item on the agenda and is approved by a single vote. Board member 1: I move to approve the consent agenda, as presented. Board member 2: I second the motion. Board president: There is a motion and a second to approve the consent agenda. All in favor, signify by saying “Aye.” A request to remove an item from the consent agenda: Board member: I would like to request that the Item ‘xx” be pulled from the Consent Agenda for discussion and placed under the “__” portion of the regular agenda. Board president: All in favor of approving the Consent Agenda, minus Item ‘xx’ signify by saying Aye. If the vote passes, Item “xx” is discussed as a regular discussion item after the vote. ONLY items moved off the consent agenda are held out for discussion. 3. Approval of Regular (Action) Agenda 4. Citizen and Board Comments 5. Administrative Reports 6. Old Business 7. New Business 8. Further Business 9. Adjournment EVRPD Board Meeting Process (Adopted 1/22/2013; updated 3-2017) REGULAR BOARD MEETING AGENDA Tuesday, February 16, 2021 – 6:00 P.M.
    [Show full text]
  • GE INVESTMENTS FUNDS INC Form N-Q Filed 2013-05-29
    SECURITIES AND EXCHANGE COMMISSION FORM N-Q Quarterly schedule of portfolio holdings of registered management investment company filed on Form N-Q Filing Date: 2013-05-29 | Period of Report: 2013-03-31 SEC Accession No. 0001193125-13-239280 (HTML Version on secdatabase.com) FILER GE INVESTMENTS FUNDS INC Mailing Address Business Address 1600 SUMMER STREET 1600 SUMMER STREET CIK:746687| IRS No.: 541278621 | State of Incorp.:VA | Fiscal Year End: 1231 STAMFORD CT 06905 STAMFORD CT 06905 Type: N-Q | Act: 40 | File No.: 811-04041 | Film No.: 13878145 203-326-2373 Copyright © 2013 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM N-Q QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED MANAGEMENT INVESTMENT COMPANY Investment Company Act file number 811-04041 GE INVESTMENTS FUNDS, INC (Exact name of registrant as specified in charter) 1600 SUMMER STREET, STAMFORD, CONNECTICUT 06905 (Address of principal executive offices) (Zip code) GE ASSET MANAGEMENT, INC. 1600 SUMMER STREET, STAMFORD, CONNECTICUT 06905 (Name and address of agent for service) Registrants telephone number, including area code: 800-242-0134 Date of fiscal year end: 12/31 Date of reporting period: 03/31/13 Copyright © 2013 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Item 1. Schedule of Investments Copyright © 2013 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document GEI U.S. Equity Fund Schedule of InvestmentsMarch 31, 2013 (Unaudited) Number of Shares Fair Value Common Stock96.7% Advertising0.7% Omnicom Group Inc.
    [Show full text]
  • Printmgr File
    OFFERING MEMORANDUM STRICTLY CONFIDENTIAL NOT FOR DISTRIBUTION IN THE UNITED STATES OF AMERICA OR TO U.S. PERSONS SoftBank Group Corp. $1,000,000,000 6% Senior Notes due 2025 $1,000,000,000 5 3⁄8% Senior Notes due 2022 €500,000,000 5 1⁄4% Senior Notes due 2027 €1,250,000,000 4 3⁄4% Senior Notes due 2025 €500,000,000 4% Senior Notes due 2022 SoftBank Group Corp., which changed its name from SoftBank Corp. on July 1, 2015, (the “Company”) is offering $1,000,000,000 aggregate principal amount of its 6% Senior Notes due 2025 denominated in U.S. dollars (the “2025 Dollar Notes”), $1,000,000,000 aggregate principal amount of its 5 3⁄8% Senior Notes due 2022 denominated in U.S. dollars (the “2022 Dollar Notes” and, together with the 2025 Dollar Notes, the “Dollar Notes”), €500,000,000 aggregate principal amount of its 5 1⁄4% Senior Notes due 2027 denominated in euro (the “2027 Euro Notes”), €1,250,000,000 aggregate principal amount of its 4 3⁄4% Senior Notes due 2025 denominated in euro (the “2025 Euro Notes”) and €500,000,000 aggregate principal amount of its 4% Senior Notes due 2022 denominated in euro (the “2022 Euro Notes”, together with the 2027 Euro Notes and the 2025 Euro Notes, the “Euro Notes”, and, together with the Dollar Notes, the “Notes”). The maturity date of the 2027 Euro Notes is July 30, 2027, the maturity date of the 2025 Euro Notes and the 2025 Dollar Notes is July 30, 2025, and the maturity date of the 2022 Euro Notes and the 2022 Dollar Notes is July 30, 2022.
    [Show full text]
  • Brand Identity Crisis Suman Sourav | IIM Shillong
    February at B-schools is usually a month of Lucknow for their contributions to the Perspec- celebration, fests, events and of course the pre- tive column. Under the Perspective column we cursor to Spring and Farewells. Amidst these analyze the concept of Hashtag Marketing and merrymakings, we bring to you yet another edi- how its growing significance can be leveraged tion which is full of wonderful insights from the under various contexts. We also talk about the world of marketing. The Marketing Club recent- different facets of fashion blogging and emerg- ly completed another edition of its social media ing trends in fashion networking. competition “War of Brands” under the umbrel- la of its online conclave, Jingstad – Tantalizing We congratulate Arpita Nandy from JBIMS and Creatiity. A new event format, Ulta-Pulta, has Ritika Bansal from IMI for their Eye2Eye entries been added to it. Check out our social media cor- on the exploitation of social issues by brands for ner for more on it. the purpose of marketing. Under the Brand Sto- A lot has happened in the past one month. Be it ry, we cover the history of Tanishq and the path the upcoming IPO of SnapChat and Whatsapp’s ahead. Discover the story behind the evolution entry in digital commerce, or the Unilever Merg- of the MTV logo under the Logoistic section. er and P&G breakup. The commercialization of Apart from these, we have the Catch and Miss, ISRO’s successful launch by brands – free piz- Digitally and Fun Facts corners to engross you. zas for ISRO employees – will be something we discuss in the upcoming edition, where we shall For this edition’s Vartalaap we get the privi- also talk about the branding strategies adopted lege of speaking to Mr Kanishk who is leading in the state elections.
    [Show full text]
  • Hon Hai Precision Industry Co., Ltd. and Subsidiaries Consolidated Financial Statements and Review Report of Independent Accountants June 30, 2018 and 2017
    HON HAI PRECISION INDUSTRY CO., LTD. AND SUBSIDIARIES CONSOLIDATED FINANCIAL STATEMENTS AND REVIEW REPORT OF INDEPENDENT ACCOUNTANTS JUNE 30, 2018 AND 2017 ------------------------------------------------------------------------------------------------------------------------------------ For the convenience of readers and for information purpose only, the auditors’ report and the accompanying financial statements have been translated into English from the original Chinese version prepared and used in the Republic of China. In the event of any discrepancy between the English version and the original Chinese version or any differences in the interpretation of the two versions, the Chinese-language auditors’ report and financial statements shall prevail. WorldReginfo - d55d5d71-6dfc-4575-9071-bbf3698f9c93 REVIEW REPORT OF INDEPENDENT ACCOUNTANTS TRANSLATED FROM CHINESE To the Board of Directors and Stockholders of Hon Hai Precision Industry Co., Ltd. Introduction We have reviewed the accompanying consolidated balance sheets of Hon Hai Precision Industry Co., Ltd. and its subsidiaries (the “Group”) as of June 30, 2018 and 2017, and the related consolidated statements of comprehensive income for the three-month and six-month periods then ended, as well as the consolidated statements of changes in equity and of cash flows for the six-month periods then ended, and notes to the consolidated financial statements, including a summary of significant accounting policies. Management is responsible for the preparation and fair presentation of these consolidated financial statements in accordance with“Regulations Governing the Preparation of Financial Reports by Securities Issuers” and International Accounting Standard 34, “Interim Financial Reporting” as endorsed by the Financial Supervisory Commission. Our responsibility is to express a conclusion on these consolidated financial statements based on our reviews.
    [Show full text]
  • Cafr Cover.Qxp
    DIVISION OF PENSIONS AND BENEFITS A Department of the State of New Jersey COMPREHENSIVE ANNUAL FINANCIAL REPORT for the Fiscal Year Ended June 30, 2013 Our mission is to provide quality benefits and services that meet the needs of our clients and others we are committed to serve, through our efficient and responsive workforce. Our Mission . To provide quality benefits and services that meet the needs of our clients and others we are committed to serve, through our efficient and responsive workforce. Our Vision . improvement of our organization through team- work, motivation, and communication among WE will achieve client satisfaction through equi- staff. table, effective, responsive service, and clear and accessible communications that meet the needs of Our Goals . our clients. Customer Service — WE will encourage and support an accomplished workforce that is knowledgeable, flexible, techni- TO create and maintain a customer focused cally proficient and committed to excellence. work environment that anticipates and meets client needs. WE will be committed to working with executive and legislative agencies and governing boards to Staff — improve the design and implementation of the TO have a full complement of staff that is benefit programs. well trained, undergoes continual develop- WE will support technologies that simplify pro- ment, and is motivated to provide benefit cedures and improve services, manage our services effectively and efficiently in a cus- resources in a responsible and creative manner, tomer friendly manner. and hold contracted service providers to high Technology — standards. TO have an integrated, easily maintained and WE will work with participating employers to modified, information processing system that enhance their role in the administration of bene- supports the efficient and effective delivery of fits for their employees through integrated tech- services.
    [Show full text]