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BlackRock sees new opportunity in China real estate
BlackRock Inc is ready to increase its China real estate portfolio exposure as it sees good entry points following the weakness in the nation's economy and credit environment Roberto Alomar Jersey , a senior executive of the U.S. money manager said on Monday.

John Saunders, Head of Asia-Pacific Real Estate at BlackRock, told Reuters the fund would target mass-affluent shopping malls and grade "A" and "B" offices in China's first- tier and selective second-tier cities for investments.

"We see the current malaise as a good entry point that we believe will throw up some good opportunities," Saunders said in an interview at his office in Hong Kong's central business district.

New York-based BlackRock, the world's biggest asset manager, oversees about $8 billion in property investments in Asia.

"For a period in time we didn't do a lot in China, because the pricing didn't seem conducive for us to make returns, whilst underwriting reasonable levels of growth. Now that picture has changed and China has become our key market for sure. It has been softening for the past 18 to 24 months," Saunders added.

Yields in Chinese retail real estate investment markets have compressed to around 6 percent in the first half of this year due to expensive land cost and excess supply, according to property consultancy Colliers. They were about 9 percent a decade ago.

But yields are holding up relatively well for them even as capital values have weakened, Saunders said. BlackRock said it owns a shopping mall in the southwestern city of Chengdu.

Saunders, who joined from Singapore-based property investment firm MGPA when it was acquired by BlackRock in 2013, also saw opportunities in distressed residential projects in the mainland.

China, the world's second largest economy, is forecast to grow at its slowest pace in 25 years hurt by soft demand, over-capacity and falling investment. It has been further buffeted by a recent stock market slide and surprise yuan devaluation.

Currency depreciation, in fact, can make real estate investment favorable, if a firm hedges its currency exposure early, he said.

"When a currency depreciates, hard assets tend to appreciate, because people take flight from paper currency deprecation into hard asset."

Other than China, Saunders said he is also upbeat on Japan, and Australia in the near term, adding that Hong Kong appeared "pricey".

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Earth Defender is apparently like a game called ‘Missile Command’ which i haven’t played yet so it will be a fresh chance to see how this type of game works.

Earth Defender basically is about defending planet earth from incoming enemies. You defend Earth by planting one of the large array of guns, the black hole bomb which sucks in all enemies, shake your iPhone to get rid of everything on screen along with the nuke and not to forget the electrical bombs which zap the enemies. As you go from one level to another the weapons are more powerful in abilities.

The controls are very simple you just tap with all your finger on screen to where you intend to blast a bomb along with the game accepts up to 4 fingers on some of our multi touch displays too! As I mentioned previously you can shake your iPhone or ipod touch to perform a nuke breach. The controls work flawlessly and I haven’t found any hiccups considering how much is going on within a 3. 5 inch screen.

The graphics are really blow away and on an arcade retro style game they’re i’m all over this. There is plenty of excessive physics and expositions which really increases the gameplay. The brightly lit enemies and hectic action is all watchable together with again pulled of really well. No complaints in this graphics front.

The sound is just like the graphics over the top with and spewing out with action and epicness. There are tons of gigantic explosions along with the voice dialog is like being in the XXX movie not this ‘porn kind mind’ your action film with Vin Diesel-engined.

Overall if you such as strategy epic action games and love on the go games this is undoubtable a must have alongside Angry Birds and it’s only 99c!
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One woman described a predicament that seems to becoming more established. She is separated from her husband and it is pregnant with their next child. She has proof that he spends time online looking at pornography and meeting other women for online intimacy..

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