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Wall St closed higher on Friday to post the firstly weekly gain across the three major averages for the year as the big tech rally resumed momentum. The Dow Jones rose 0.78% on Friday and 3.7% for the week, the S&P500 added 1% on Friday and 2.9% for the week, and the Nasdaq ended Friday's session up 1.51% and added 2.5% for the week. In Europe on Friday the positive investor sentiment extended into the European region buoyed by a strong rally for mining stocks. The STOXX 600 rose 0.68%, Germany's DAX added 1.35%, the French CAC gained 0.98%, and, in the UK, the FTSE100 ended the day up 1.35%. Across the Asia markets on Friday it was a mixed session as strong economic data in China boosted investor sentiment in the region. China's CSI index rose 0.31% on Friday after fresh GDP data showed the Chinese economy expanded by 5% YoY and retail sales rose 3.7% which beat expectations. Hong Kong's Hang Seng rose 0.21% on Friday and Japan's Nikkei fell 0.31% at the closing bell. Locally on Friday, the ASX200 took lead from Wall Street's losses overnight to post a 0.2% loss on Friday as the financials weighed on the key index. The pullback followed the ASX200 rising 1.4% on Thursday so for the week the key index still managed a gain of 0.2% last week.On an economic data front on Friday, we had the highly anticipated retail sales, industrial production, and GDP readings out of China. The Chinese economy expanded 5.4% in Q4 which was above the 5% forecast and above the 4.6% recorded in Q3 which is a welcome sign of material recovery in the region post pandemic. Retail sales further supported the recovery story with a rise of 3.7% in December which beat the 3.2% economists were expecting and is a sharp rise from the 3% reported in November. And Industrial production in the region also rose 6.2% in December on an annual basis which also exceeded expectations and was a sharp rise from the 5.4% reported in November. Overall, the economic growth in China is finally starting to show signs of material turnaround and this boosted the iron ore price and stocks with exposure to the region on Friday.The winning stocks on the ASX200 on Friday were led by Megaport rallying 10.10%, Liontown Resources rising 9.5% and Lovisa adding 7.73%. And on the losing end REA Group fell 2.71%, TPG Telecom lost 2.4% and JB Hi-Fi ended the day down 2.15%.Insignia Financial is the talk of the M&A world right now as Bain Capital and CC Capital fight to acquire the nearly 200-year-old Aussie wealth management company. Shares in Insignia rose 6% on Friday after CC Capital increased its takeover offer to a value over $3bn or $4.60/share, above the $4.30/share Bain matched earlier this week. How this one plays out will be very interesting but it's no wonder why CC and Bain want to acquire Insignia as the purchase will give the acquirer a market leadership position in Australia's over $4tn superannuation market. And Telix Pharmaceuticals rose 4% on Friday after the cancer imaging and therapy pharmaceuticals company received approval from Europe's Marketing Authorisation Application for its prostate cancer imaging agent Illucix which already has FDA and TGA approval. This further expansion into Europe broadens the company's revenue runway for its leading agent Illucix.What to watch today:Ahead of the first trading session of the new trading week the SPI futures are anticipating the ASX will open the new day up 0.34%.On the commodities front this Monday morning, oil is trading 1.02% lower at US$77.88/barrel, gold is down 0.5% 2700.99/ounce and iron ore is up 0.72% at US$101.21/tonne.The Aussie dollar is buying US$0.61, 96.85 Japanese Yen, 50.88 British Pence and NZ$1.11.Trading Ideas:Bell Potter has reduced the 12-month price target on Lynas Rare Earths (ASX:LYC) from $7.70 to $7.20 and maintain a hold rating on the rare earths producer following the release of a 2nd quar
Social media. Influencers. Gen Z. There are many businesses and their leaders who still don't fully grasp the importance and scope of these influential terms. One young entrepreneur was on the ground floor of the social media revolution and built and sold a company worth tens of millions of pounds.Timo Armoo is a name you should get to know. We met with him at Servcorp's beautiful office at The Leadenhall Building in London to discuss building his company Fanbytes, the importance of baking IP into a business, what it's like when money hits your bank after an acquisition and much more.Here's what we discussed:Could you give us an overview of your career? (02:04)How did you feel selling your first business at 17 for six figures? (06:14)You started Fanbytes as social media was on the rise. Do you think you would have been successful in another period of time? (11:30)Could you tell us about the growth you achieved with Fanbytes? (13:34)What made you choose angel investors over Venture Capitalists, is this something that was premeditated or was this something that developed over time? (17:29)When did you decide to exit the business: did you build an exit strategy to the business, or was there a lightbulb moment during your journey? (20:42)How did you settle on Brainlabs being the company that you were going to sell to? (24:28)What were the craziest moments from the acquisition? (27:43)How important was developing a personal brand to you? (34:00)Why did you find that creating your own technology and systems was so important? (38:21)As someone who started their business at a young age, how were you received in rooms filled with people that were more experienced than yourself? (39:42)Is there any part of you, now that you've exited, that would try and improve the VC landscape? (41:59)Where do you see the tech valuation bubble ending up? (44:02)What technology is intriguing you at the moment? (45:14)Are you putting pressure on yourself for what to do next? (47:08)The Good News Postcard: What is your favourite characteristic and why? (49:42)What makes a great business leader? (50:26)Thanks to Grace from the Jill Dando News for bringing us The Good News Postcard this week. Get your dose of positive news by visiting The Good News Post, a website collated by hundreds of young people aged 8 to 18 in the UK. They've written real-life “news that's good for you”, covering people, animals, stories to cheer people up, and tips to make lives better.Be sure to subscribe to the podcast and the Business Leader YouTube channel for more interviews with some of the world's leading business figures. Hosted on Acast. See acast.com/privacy for more information.
Marcus Moufarrige, CEO of ility, joins Tech Nest to discuss all things no-code, frameworks, and building tools for those who run complex real estate businesses. Marcus' experience in the office flex-space gives him a unique advantage in understanding the needs for a flexible platform that is able to be molded to meet the unique needs of each operator's needs. ility is that platform. Being that ility is a no-code platform, built in a way to meet a large array of use cases, it may be one of the most versatile middle-wares on the market. More about ility and Marcusility is a no-code platform for operators to streamline their now complex business.Connecting new and legacy digital systems, ility's middleware gives companies like RXR, Legal & General and EQ complete control over their technology, operations and offer. ility also has a strategic partnership with Microsoft.By using physical rights management, operators have a simple framework for digitising their property, to increase NOI, improve efficiency and decrease operating expenses.Marcus is effectively leading property into the world of 'composability'. He's also the ex-COO of Australian property giant, ServCorp, alongside fighting with Justin Bieber (Google it!). Connect with Marcus on LinkedIn Check out ility
Insights from ility at MIPIM with Marcus Moufarrige In this episode, #WorkBold host Caleb Parker is joined by Marcus Moufarrige, CEO of PropTech company, ility. His Dad is the founder of Servcorp, where Marcus spent 25 years as a space operator. The two discuss the lessons Marcus learned building the tech platform for the very first Space-as-a-Service brand, which shaped his vision for digitizing real estate, and ultimately led him to launching Ility 3 years ago. In this episode, we learn how Ility is supporting LGIM across their portfolio, with a shout out to #WorkBold podcast alum, Mark Tyson, and how LGIM are disrupting themselves to create a better customer experience. Marcus goes on to tell us how ility is helping landlords support office customers' hybrid requirements, before unveiling his Bold vision for the future. Connect with Marcus on LinkedIn Connect with Caleb on LinkedIn If you have any questions or feedback on this episode, email podcast@workbold.co Value Bombs: What the industry needs to get their head around is that nobody knows what's going to happen in 6 months, or 12 months, or 2 years in any class of real estate. - Marcus Tenant engagement is not an app, it's an outcome. - Marcus A combination of automation and good human services is unbeatable. - Marcus Future-proofing assets means building a space so that it can be reconfigured and used in dynamic ways. - Caleb Timestamps: [04:10] Tell us about ility. It is a framework for digitizing real estate Physical Rights Management - every interaction between a human and a building is a right that can be distributed. [05:00] How many times have you been to MIPIM? [05:20] What opportunities are you looking for here at MIPIM? [06:30] Can you tell us about your work with LGIM? [07:40] Does your platform help LGIM with flex and Space-as-a-Service? [09:10] What was your lightbulb moment to launch ility and then leave Servcorp? A combination of automation and good human services is unbeatable. I wanted to take the automation, knowing that it was applicable to broader real estate and that there was demand for that, but my Dad didn't want to go down that path. [13:05] Can you give a practical example of how someone you're working with uses ility? [15:20] Can you describe what makes you different from a dev shop? [16:45] What are your ambitions for your company and real estate? Resources: Get TSK's weekly 'work made better' newsletter Shoutouts: LGIM Sponsors: Headline Sponsor: TSK TSK creates inspiring workplaces for some of the world's biggest brands across the UK and Ireland. They've been working for 25 years to deliver the best employee experiences and the vision of their clients. Not only do they create great places to work, TSK share workplace content every week from the latest data to inspiring spaces they've designed and built. You can read their latest insights at www.tskgroup.co.uk or check out their LinkedIn and Instagram pages to become a follower, fan and friend. TSK publish weekly thought leadership, research and content featuring their team, clients and partners about workplace, commercial interiors, hybrid working and how others have prospered from investing in workplace. You can check their latest publications and video content in the show notes by signing up to their weekly ‘work made better' newsletter or visit tskgroup.co.uk. Fortune Favours the Bold Bold merges property management & Space-as-a-Service to help office customers grow faster and drive asset value. Bold is a real estate brand owned and operated by NewFlex (www.workbold.co) Future Proof Your Portfolio with NewFlex NewFlex delivers and manages a range of branded solutions for every type of building, in every type of location, for every type of occupier. Including the flexibility to develop your own brand. All enabled by flexible management contracts where we are invested in making money for you. (www.newflex.com) Launch Your Own Podcast Kopus.com is the leading podcast production and strategic content company for brands, organisations, institutions, individuals, and entrepreneurs. Our team sets you up with the right strategy, equipment, training, and guidance and content to ensure you sound amazing while speaking to your niche audience and networking with your perfect clients. Get in touch jason@kopus.com (www.Kopus.com)
On-site concierge services for attorneys are available at One World Trade Center in New York from Servcorp (1-833-448-1403) a premium coworking and serviced office space provider, which has expanded its on-site concierge service. To learn more about Servcorp's coworking offices with concierge service, visit https://www.servcorp.com/en/coworking/locations/united-states/new-york/one-world-trade-center/ (https://www.servcorp.com/en/coworking/locations/united-states/new-york/one-world-trade-center/)
Enjoy all the benefits of an office without the overhead. Plug into the Servcorp (212-220-8500) co-working community today. More details at https://www.servcorp.com/en/coworking/locations/united-states/new-york/ (https://www.servcorp.com/en/coworking/locations/united-states/new-york/)
Looking for ways to project a professional business image for your work-from-home business? Discover four benefits of NYC virtual offices by Servcorp (212-220-8600) https://www.servcorp.com/en/blog/business-networking/virtual-business-plans-and-pricing-for-new-york-city-businesses/ (https://www.servcorp.com/en/blog/business-networking/virtual-business-plans-and-pricing-for-new-york-city-businesses/)
Servcorp, a business center and executive suite provider with nine premium locations in the USA and 150 worldwide, has recently updated its office space pricing for 2022 at the world-renowned One World Trade Center NYC.
Servcorp, a global provider of Virtual Office Space in NYC, has updated its pricing packages with custom solutions for entrepreneurs, small business owners, and corporations.
Servcorp, a global provider of Virtual Office Space in NYC, has updated its pricing packages with custom solutions for entrepreneurs, small business owners, and corporations.
The SOL Podcast is all about hearing about each others' journeys and relating to similar experiences in different situations. Fabienne Hajjar, General Manager, Servcorp honest and warm chat gave us exactly that. Listen to her story full of insightful tips from leading the workspace industry around the world and join our discussion of insightful matters in relation to startup culture.
Join the team for their wrap-up of reporting season highlights including BHP, Domino's and Servcorp. 00:38 – Reporting season wrap-up 06:33 – Domino's (DMP) 17:53 – Servcorp (SRV) 28:46 – BHP Group (BHP) 38:54 – Altium (ALU) 49:58 – Omni Bridgeway (OBL) 58:40 – Aussie Broadband (ABB) See omnystudio.com/listener for privacy information.
Increasing numbers of nonprofit organizations are re-examining their space and office needs in light of the Covid-19 pandemic and other factors. Hannah Odell of GreaterSpace and Colleen Susini of Servcorp join Greg to discuss this growing trend, including what nonprofits should look for and pitfalls to avoid. They also discuss the unique and impactful collaboration between GreaterSpace and Servcorp that benefits nonprofits.
I’ve registered a virtual office in Tokyo. The same building as the Foreign Press Club (FCCJ) in Marunouchi at ServCorp. Next year, I’ll be upgrading to a real office there and moving out of Ueno (Okachimachi) since I’m having many … Continue reading →
The Flexible Office Economy w/ Mark Gilbreath, CEO LiquidSpace
Join host Mark Gilbreath for "THE FLEXIBLE OFFICE ECONOMY" a weekly dive into the fast moving waters of flexible office, coworking, mobility, workplace experience and commercial real estate, featuring candid conversations with innovators and leaders from across the Flexible Office Economy. This weeks guest: Amit Ramani, Founder and CEO Awfis Space Solutions What you'll hear on this episode The unlimited market opportunity that traditional Serviced Office providers missed High growth AND profitability in the coworking industry - yes it does exist How coworking was exported from America and reinvented to thrive in the Indian office market People and companies mentioned Amit Ramani, Awfis, Mark Gilbreath, LiquidSpace, HOK, Nelson India, Ozzie Nelson, Petra, Regus, Servcorp, Bank of America, American Express, Neuhouse, WeWork, JLL, Colliers, CBRE, Hana, Cushman Wakefield, Prius Capital, Softbank, Corenet, IFMA, RMZ, Coworks
Vanessa Butz wrote her masters thesis on "Understanding the DNA of Strong Entrepreneurial Hubs” and took her theory into practice by helping to build large technology and co-working campuses - Factory Berlin and Market-Tech’s Interchange Camden. Having worked at the intersection of cities and technology, she then founded District, providing Real Estate owners with a subscription-as-a-service app-based technology to upgrade their buildings to be ready for the what she sees as the “smart city revolution”. For Vanessa, the revolution is all about creating technology that can enable us to improve the way we live our lives and aid in building a sense of community. Amidst global trend of urbanisation and social media integration, humans are coming together in communities in a host of new ways. How this manifests itself in our office design and use is likely to be influenced by technologies, such as Vanessa's District, but also the changing physical nature of the offices we occupy. Driving this change is the impact of the much-maligned millennial & now Generation Z generations arriving at the workplace. People who’ve grown up with digital connectivity as second nature expect to able to work across a series of devices. It therefore follows that their office requirements may be different from the traditional provision. Instead of a traditional office space, they may need nothing more than a simple as a internet connection in a quiet place with ad-hoc access to a more collaborative space or meeting room. Marcus Moufarrige of Servcorp sees this change in usage as leading to a Third Space in offices. The market is rapidly moving away from providing white spaces to focusing on a flexible service offering of space, amenity, facilities, community and customer service, and spaces that enable businesses to flex when required (with additional meeting rooms, facilities and amenities). Moufarrige sees four ways in which land owners must adopt their approach in order to keep pace with the demands of the market: A mix of long-term leases with flexible space options must be created; The building experience needs to change to be more service- and hospitality-oriented; Landlords must focus on building service income streams, as well as rented income streams; Use common areas to better create amenity and community within the building. Vanessa adds to the list the seamless integration of good technology; platforms like District will take property owners a long way to fulfilling Moufarrige's expectations. As property owners adapt to the demands of "space as a service", we can expect to see a big impact in the market from District and other similar platforms such as: Equiem, Spaceflow, Allthings and
1) Elon Musk vs analysts 2) Banks on the nose 3) Servcorp and WeWork 4) The Foolish Mailbag - Healthscope takeover offer 5) Scott's High Horse - don't get distracted! 6) PS - celebrating 100 episodes and the lessons we've learned See omnystudio.com/policies/listener for privacy information.
[](pca.st/QVca)Our workplaces are where we spend much of our time but these days, thanks to the inter-connectedness of the digital age, that could be anywhere. As virtual offices and co-working spaces grow in popularity, the concept of an office has broadened out, disrupting the commercial property market. In this week's edition of the Business Extra podcast, host Mustafa Alrawi speaks to Taine Moufarrige, CEO of Europe, Middle East, India and Africa at Servcorp, about the opportunities and challenges the serviced office and IT services provider is facing. ___________ Business Extra, produced by Kevin Jeffers, is The National's weekly look at the business, financial and technology sectors of the Middle East and beyond. Subscribe to and rate the show at [Apple Podcasts](itunes.apple.com/ae/podcast/business-extra/id1108800532?mt=2), or listen on [Audioboom](audioboom.com/channel/business-extra), Pocket Cast or your favourite podcasting app.
Are you constantly on the move or doing business on a global scale? We focus on telecommunication services and flexible workplaces that make business-on-the-go a breeze. Ultra Mobile Founder and CEO, David Glickman, explains how you can avoid costly international text and data surcharges. Then, Marcus Moufarrige, COO of Servcorp, discusses flexible workplace options for entrepreneurs - Learn more. [00:00:00] Call/Text Internationally without Breaking the Bank [00:05:39] Designed with Explosive Growth in Mind [00:11:31] Be Fearless. Be Your Own Boss! [00:18:21] Premium, Flexible Workspaces by Servcorp [00:26:17] Find the Perfect Location for Your Business [00:33:22] Celebrate the Fearless Spirit of Entrepreneurs
There are 54 million American freelancers alone, and it is crucial for businesses to keep up an environment that can evolve with the fluctuation of the Gig Economy. Servcorp is the leading provider in luxury shared workspace. Even a small startup can have a private office at the World Trade Center in Manhattan for $1,000 a month, and a virtual office package for as little as $200. Marcus told the New York Business Journal in March “We believe that not everyone wants to come to work in shorts, ride their scooter to work, play ping pong and have beers at lunch. There will certainly be demand for a premium product in flexible space with a high level of service and infrastructure.”
Lawpreneur Radio - A New Practice Built A New Way with Entrepreneurial Attorney Miranda McCroskey
Bow has a global background, having started her career with Servcorp Virtual Offices five years ago in Bangkok, Thailand and transferred to her current location in Irvine, CA two years ago. She has helped her clients face the challenges of emerging businesses in different markets and her passion is helping her clients work smarter, not harder and direct them to the path of success, in a shorter time.
Servcorp are committed to being the world's best Serviced Office and Business solutions provider. Their business was founded on one principle - by reducing your costs and sharing your overheads, businesses will succeed. Servcorp not only gives you the ability to run your business from the best locations in the best cities around the world, but they also want to give you the best facilities, the best technology and the best people they possible can.