The property fund is jointly owned by several pension funds including Sampension KL Livsforsikring and PKA, and now holds more than 929 rental properties within 20 buildings, mostly located in the Copenhagen region.In connection with the deal, which took effect on 1 January, Pensionskassen for Farmakonomer said it bought shares in the collective fund.Members of the pension scheme will retain the right to rent some of the properties, now indirectly owned by the scheme, it said.Peter Bache Vognbjerg, chief executive of the pension fund, said it had been important for the pension fund to keep hold of this right for its members.The pension fund said the transition of its properties to the jointly owned fund would have no impact on current tenants of the buildings, although it said tenants in some of the properties had offered to buy their property as cooperative housing.“Of course we hope the fund in the long term will have several properties when hopefully more institutions choose to enter into it with their properties,” Bache Vognbjerg said.He said in November that, when the fund did sell its property holdings to the collective fund, it would receive half of the proceeds of the sale in cash and become 50% owner of the fund itself.He added that, within the risk budget, real estate had too high a weight, was considered too illiquid, and that too much was needed in terms of capital.The fund took the first step in realising its plan in November last year, selling four residential properties in Aarhus, going ahead early with the sale because of a good offer it received. The Danish pension fund for pharmaceuticals assistants, Pensionskassen for Farmakonomer, is selling 12 properties to a collective fund run by Danish property administrator DEAS as part of its strategy of divesting direct real estate holdings.The DKK10bn (€1.3bn) pension fund said it sold the 12 properties, which include 466 rental units, to real estate fund DEAS Invest I, releasing DKK350m the scheme will use for new investments that provide a better return.“The collective property fund has, at the same time, the opportunity to borrow against homes at an interest rate that is currently very low,” the pension fund said.Pensionskassen for Farmakonomer has already announced its intention to sell off all real estate holdings over the course of this year, putting the proceeds into a fund.
Stuff co nz 20 January 2014US President Barack Obama says smoking marijuana is a “bad habit” but no worse than alcohol and that states legalising weed should go ahead with their plans.“As has been well documented, I smoked pot as a kid, and I view it as a bad habit and a vice, not very different from the cigarettes that I smoked as a young person up through a big chunk of my adult life. I don’t think it is more dangerous than alcohol,” the president said an interview with The New Yorker magazine.Smoking marijuana is “not something I encourage, and I’ve told my daughters I think it’s a bad idea, a waste of time, not very healthy”, Obama said.Obama’s administration has given states permission to experiment with marijuana regulation, and laws recently passed in Colorado and Washington state legalising marijuana recently went into effect. The president said it was important for the legalisation of marijuana to go forward in those states to avoid a situation in which only a few are punished while a large portion of people have broken the law at one time or another.The president said he is troubled at the disproportionate number of arrests and imprisonments of minorities for marijuana use. “Middle-class kids don’t get locked up for smoking pot and poor kids do,” he said. “And African-American kids and Latino kids are more likely to be poor and less likely to have the resources and the support to avoid unduly harsh penalties.”http://www.stuff.co.nz/world/americas/9628887/Obama-Pot-not-very-different-to-cigs read more
“Bordalas is a great manager, he demands a lot,” Nyom said. “That’s his style. His big thing is we are a team, a family. He tells us to run, to fight, to never give up and believe me, we run a lot.“It was the hardest pre-season of my career, run, run, run. But it means we can be 100 per cent all the time. At some clubs there is training and there are matches. Here the two are the same.”There may not be a coach in Europe doing a better job than Bordalas and his success has brought speculation, with Atletico Madrid mentioned as a possible next step.“Of course he could do it at a bigger club,” says Nyom. “It’s harder, not easier, with lower teams. With better players he could do even better.”But there are reservations about Getafe’s style, an unashamedly direct approach that looks for territory, relies on defence and relishes confrontation.In La Liga this season, they have completed the fewest passes, collected the most yellow cards and committed the highest number of fouls.Barcelona have four players in the league’s top 10 for passes made while Getafe’s highest, Marc Cucurella, is 74th, and he is on loan from Barcelona.“People can think what they want,” Nyom said. “But we have good players too, skilful, technical players. It’s just these players can defend so it’s the perfect combination for us.”After Barcelona, Getafe play Ajax in the Europa League next week, two opponents united in their veneration of Johan Cruyff and unerring in the belief there is one way the game should be played.Read Also: Delighted Joseph Yobo explains new Super Eagles roleYet Getafe have their own style and their own conviction too.“Style is important because it’s your identity but there are different styles,” Nyom said.“Barcelona want possession, we want to press. We play direct and they play with the ball. But one style is not better than the other. For us, it’s all about the result.”FacebookTwitterWhatsAppEmail分享 Nyom celebrated his first goal for the club like it was the first of his life, racing one way and then the other, not quite sure where he was going until suddenly deciding where he had to end up. Ogenekaro Etebo’s teammate Allan Nyom took a yellow card, scored a goal and was substituted before half-time and in those 16 minutes it was possible to understand why Getafe sit third in La Liga.Advertisement Jose Bordalas took charge of Getafe in September 2016, with the club sitting 21st in Segunda. Loading… Promoted Content7 Facts About Black Holes That Will Blow Your MindPortuguese Street Artist Creates Hyper-Realistic 3D Graffiti8 Superfoods For Growing Hair Back And Stimulating Its Growth2020 Tattoo Trends: Here’s What You’ll See This YearPlaying Games For Hours Can Do This To Your BodyThe 10 Best Secondary Education Systems In The World10 Disney Characters Who Would Make Great Role ModelsA Guy Turns Gray Walls And Simple Bricks Into Works Of ArtA Soviet Shot Put Thrower’s Record Hasn’t Been Beaten To This Day5 Of The World’s Most Unique Theme Parks12 Movies That Almost Ended Their Stars’ CareersCan Playing Too Many Video Games Hurt Your Body? He found the Getafe fans in the corner, who celebrated Nyom putting them two up against old rivals, Leganes, whom Nyom had left last summer, and firing them within touching distance of new ones, Sevilla and Atletico Madrid, in a remarkable challenge for the top four.“This year I’m playing like a right winger and I want to score goals,” Nyom says, in an interview with AFP. “I even try to do tricks now. That’s this team, I’m loving it.”Six minutes before, Nyom had been booked and 10 minutes later, in the 31st minute of the January 17 game at Leganes, he was taken off. On show all at once, Getafe’s mean streak, their unity and the ruthlessness of their coach, Jose Bordalas, to put team above all else.“When people think of Getafe they think of hard work,” says Nyom. “We play together, work together, run together, that’s the most important thing.”Bordalas took over in September 2016 with Getafe 21st in Segunda. Instead of going down, they went up and then instead of scrapping for survival, they finished eighth.Allan Nyom is in the form of his life for Getafe, who play Barcelona on Saturday and sit third in La Liga.Last year, Bordalas took them to the brink of Champions League qualification, missing out to Valencia on the last day, and this season they are challenging again.“There are still a lot of games left but we have a chance,” said Nyom. “I think this year it will be even harder because the teams around those positions are strong and getting stronger. But we will try.”On Saturday, they play Barcelona, whose 11 starting players last weekend cost 340 million euros. Getafe’s cost 21 million, four of them free and one on loan. Barcelona’s salary cap this season is 671 million euros, comfortably 10 times more than Getafe’s 56 million.But Bordalas has instilled belief. Jorge Molina, who scored twice against Valencia last weekend, is 37, older than the club itself.Nyom, at 31, once of Watford and West Brom, is in the form of his life, dreaming of the Champions League and a starting spot at next year’s Africa Cup of Nations, when his country Cameroon will be hosts. read more
The second quarter saw India strengthen their attack as they made space inside the striking circle. In good form, Sumit earned a penalty corner for India which was perfectly converted by Varun. A minute later, Surender registered his name in the score sheet by scoring from a penalty corner created by Rohidas. Though India lost forward Shilanand Lakra to a green card in the 24th minute, they secured another penalty corner and Varun was bang on target with a powerful flick to hand his side a commanding 5-0 lead. Simranjeet then added to the team’s tally when he worked with Mandeep after receiving a beautiful assist from Nilakanta Sharma to put the ball past Polish goalkeeper Mateusz Popiolkowski. With a formidable 6-0 lead at half-time, India continued to dominate after the change of ends. In the 36th minute, it was Nilakanta’s turn to score after receiving a good pass from Sumit.Though India managed only one goal in the third quarter, the team made a strong finish in the fourth quarter and scored three more goals. The Polish goalkeeper, meanwhile, was impressive as he made some brilliant saves to keep Gursahibjit Singh and Simranjeet Singh at bay early in the fourth quarter. A powerfully struck penalty corner by Rohidas too was well-saved by Popiolkowski. India’s eighth and ninth goal came off skilful displays by Mandeep. His first goal was scored after he intercepted Michal Raciniewski to take a direct shot on goal, while his second was well-assisted by Gurinder Singh. India’s 10th goal was scored after Surender earned a penalty corner with Amit making a good conversion. highlights For all the Latest Sports News News, Other Sports News, Download News Nation Android and iOS Mobile Apps. New Delhi: Striker Mandeep Singh continued his rich form and scored a brace to help India thrash minnows Poland 10-0 in their last league match of the Sultan Azlan Shah Cup hockey tournament here Friday. Already assured of a place in Saturday’s summit clash against Korea, the Indians scored goals almost at will, leaving the Polish players in daze. Besides Mandeep (50th, 51st minutes), drag-flicker Varun Kumar (18th, 25th) also struck twice while Vivek Sagar Prasad (1st), Sumit Kumar (7th), Surender Kumar (19th), Simranjeet Singh (29th), Nilankanta Sharma (36th) and Amit Rohitdas (55th) were the other goal-scorers for India. Five-time champions India, thus, maintained their unbeaten streak in the tournament, collecting 13 points from five league matches with the help of four wins and a draw.With two strikes on Friday, Mandeep became the highest goal-scorer in the tournament with a total of seven goals while Varun took his personal tally to five goals so far. It was expected to be a one-sided contest and it turned out to be so as India raced to a 2-0 lead by the seventh minute through Vivek and Sumit’s goals. Striker Mandeep Singh continued his rich form and scored a brace to help India thrash minnows Poland 10-0.Mandeep (50th, 51st minutes), drag-flicker Varun Kumar.The second quarter saw India strengthen their attack as they made space inside the striking circle. read more
Jason Argent, 2K’s senior VP of basketball operations, gave a more detailed explanation about the game developer’s next move.“We are excited to be part of one of the most memorable NBA offseasons in history with Kyrie, our 2K18 cover athlete, and Isaiah, one of the stars of our 2K roster, trading places. This isn’t an unprecedented event, a cover athlete being traded – but it’s certainly interesting timing with 2K18 being released in less than a month,” he said in a statement, via the Game Informer.“The good news is that as the most authentic and realistic basketball game on the market, we’re used to being nimble and responding to changes in the NBA. Fans should be thrilled to know that we will issue a version of 2K18 featuring Kyrie in a Boston Celtics uniform at a later date,” he added. Khristian Ibarrola /raSports Related Videospowered by AdSparc OSG plea to revoke ABS-CBN franchise ‘a duplicitous move’ – Lacson Hotdog’s Dennis Garcia dies Some fans, however, are more intrigued on what will happen with the upcoming NBA 2K18 video game, which features Kyrie Irving donning a Cavs jersey as cover athlete. Marcosian mode: Duterte threatens to arrest water execs ‘one night’ Filipinos turn Taal Volcano ash, plastic trash into bricks PLAY LIST 01:40Filipinos turn Taal Volcano ash, plastic trash into bricks01:32Taal Volcano watch: Island fissures steaming, lake water receding02:14Carpio hits red carpet treatment for China Coast Guard02:56NCRPO pledges to donate P3.5 million to victims of Taal eruption00:56Heavy rain brings some relief in Australia02:37Calm moments allow Taal folks some respite Don’t miss out on the latest news and information. MOST READ Search on for 5 Indonesians snatched anew in Lahad Datu Britain’s Prince Harry and Meghan Markle to give up royal titles Bishop Baylon encourages faithful in Albay to help Taal evacuees Now that perhaps the biggest deal of this NBA off-season has pushed through, fans are left wondering how former Cleveland Cavaliers point guard Kyrie Irving will fit under Brad Stevens’ system with the Boston Celtics.FEATURED STORIESSPORTSEnd of his agony? SC rules in favor of Espinosa, orders promoter heirs to pay boxing legendSPORTSRedemption is sweet for Ginebra, Scottie ThompsonSPORTSMayweather beats Pacquiao, Canelo for ‘Fighter of the Decade’READ: Cavaliers trade Irving to Celtics for Thomas — sourceADVERTISEMENT Read Next What’s in store for your animal sign this year National Historical team rescues Amorsolos, artifacts from Taal Undefeated and unloved, Mayweather eyes final payday Police seize P68-M worth of ‘shabu’ in Pasay LATEST STORIES The game is slated to come out on Sept. 19, while those who pre-ordered will get their hands on it a week earlier.LOOK: Kyrie Irving is cover athlete of NBA 2K18Shortly after the 25-year-old guard from Duke traded his red wine jersey for the Celtic green, 2K’s official Twitter page acknowledged the situation with a short tweet.Whoops https://t.co/dwja1rN0dL— NBA 2K 2K18 (@NBA2K) August 22, 2017ADVERTISEMENT View comments read more