Facebook By admin – June 7, 2018 WhatsApp Twitter Previous articleJuneteenth Celebration begins June 15thNext articleCHAREN: Children, ‘animals’ and immigrants admin Hot summer nights logo Pinterest Downtown OdessaDowntown Odessa Inc. and the Odessa Council for the Arts and Humanities has scheduled 2018 Hot Summer Nights with cool music entertainment featuring the Permian Playhouse from 8 p.m. to 10 p.m. June 8 at Noël Heritage Plaza Park, 320 W. Fifth St.Admission is free. Participants are encouraged to bring lawn chairs, blankets and drinks.Alcoholic beverages are not allowed. Food trucks will be on site.Call 335-4682. Hot Summer Night Local News Facebook Pinterest WhatsApp Twitter
Categories: Letters to the Editor, Opinion I recently read an article in your paper detailing the rise in popularity of the AR-15, which traced its history back to the M-16 used by our soldiers in Vietnam. As a hunter and gun owner (and 30-year Army veteran), I can’t fathom why any responsible rifle enthusiast would want or need to own this rifle. There certainly are hundreds of alternative rifles that are more suitable for hunting or target shooting. I would encourage any American who truly must possess one to immediately join one of our proud military services. They will be more than anxious and capable of training you in its planned use. You might even get to carry it on a deployment in defense of our great nation. Many before you have, and far too many died while in its possession.Bruce CastkaCanajoharieMore from The Daily Gazette:EDITORIAL: Thruway tax unfair to working motoristsEDITORIAL: Beware of voter intimidationCuomo calls for clarity on administering vaccineEDITORIAL: Urgent: Today is the last day to complete the censusEDITORIAL: Find a way to get family members into nursing homes
Norway’s sovereign wealth fund has grown its industrial real estate portfolio, acquiring KTR Capital Partners for $5.9bn (€5.49bn).The deal is the latest move by Norges Bank Investment Management (NBIM) to expand its property holdings as it aims to invest 1% of the Government Pension Fund Global’s NOK6.94trn (€824bn) in assets into real estate each year and comes as part of an existing joint venture between Prologis and NBIM.Prologis US Logistics Venture, 45% owned by the sovereign wealth fund, is taking over 332 properties held in three KTR co-investment funds, Prologis said.The portfolio spans 60m sq ft of existing industrial space, 3.6m sq ft of space occupied by development projects and 6.8m sq ft of land. The $5.9bn transaction includes the assumption of approximately $700m of secured mortgage debt, according to Prologis, and the issuance of up to $230m of common limited partnership units in Prologis LP to KTR.Prologis and Norges Bank operate joint ventures in the US and Europe.Hamid Moghadam, chairman and chief executive Prologis, said the deal would take assets to more than “$11bn on two continents”.Norges Bank has a real estate allocation target of 5%.At the end of last year, its actual property exposure stood at 2.2%.For Prologis, a listed developer and manager, the KTR acquisition increases its presence in Southern California, New Jersey, Chicago, South Florida, Seattle and Dallas.Prologis said the investment “aligns with Prologis’ investment strategy, with approximately 95% overlap with its existing US portfolio”.The Norwegian government recently launched a consultation on whether the sovereign fund’s 5% real estate cap should be lifted.
Milan, In. — The Milan United Methodist Church will hold a Fat Tuesday free will offering pancake dinner on Tuesday, March 5 from 5 to 7 p.m. The public is welcome.