Transaction Highlights Growing Investment Interest in North San Diego County. San Diego, California, United States, 24th Jan 2025 – Gildred Companies is pleased to announce the sale of 5924 Balfour Court in Carlsbad, CA. Constructed in 1991, the Balfour Court property is located in the heart of the Carlsbad Research Center, a cornerstone of the region's industrial and business landscape in San Diego’s North County.This transaction highlights the rising momentum of companies investing in North San Diego County, a premier destination for businesses, fostering economic growth and supporting a diverse range of industries. "This sale demonstrates Gildred Companies' commitment to delivering exceptional value to our stakeholders while maintaining the integrity and appeal of our properties," said Brook Logan, Chief Operating Officer of Gildred Companies. “Balfour Court has been an important part of our San Diego commercial real estate portfolio, and we are confident it will continue to succeed under its new ownership.”Gildred Companies is focused on fostering growth and supporting the business environment in Southern California. Please visit our website for more information about other properties in our portfolio. About Gildred CompaniesGildred Companies began in 1927 with the construction and operation of the landmark San Diego Fox Theater Building, now Copley Symphony Hall and Symphony Towers. Today Gildred Companies is a diversified organization with assets throughout Southern California including a portfolio of industrial and business parks, new real estate and renewable power developments, and strategic investments in complementary business opportunities. Learn more at www.gildredco.com. Media Contact Organization: Gildred Companies Contact Person: Lisa Kendall Website: https://gildredco.com/ Email: Send Email Contact Number: +18584145855 Address:701 B Street Address 2: Suite 1180 City: San Diego State: California Country:United States Release id:22643 The post Gildred Companies Announces Sale of Balfour Court Property in Carlsbad, California appeared first on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.
Windhoek, Khomas, Namibia, 24th Jun 2024 - Trustco Group Holdings Limited (TTO.SJ) announced today that it has entered into an agreement to repurchase a significant block of publicly traded shares on the Johannesburg stock exchange from the University of Notre Dame du Lac (Notre Dame), for USD 5 million in cash. The transaction also allows Trustco to increase its holdings in key investees Legal Shield Holdings and Trustco Resources.In terms of the agreement, Trustco will repurchase 120.5 million of its shares from Notre Dame, representing 12.8% of total shares in issue. These repurchased Trustco shares will be cancelledby the company to enhance shareholder value whilst the repurchase remains in line with the company's longstanding policy of buybacks when shares trade at a discount to their intrinsicvalue. As of August 31, 2023, Trustco's audited net asset value per share stood at 117 Namibian cents."At Trustco, we firmly believe that the market has significantly undervalued our shares relative to the true potential of our assets and future growth prospects," said Floors Abrahams, Group Financial Director of Trustco. "This share repurchase allows us to capitalize on that disconnect by acquiring equity at a substantial discount, which will immediately boost investor returns."Floors Abrahams, Group Financial Director of TrustcoTrustco will also acquire an additional 8.65% equity interest in Legal Shield Holdings, which houses the group's insurance operations and vast real estate portfolio. This includes Trustco Insurance Limited, Trustco Life Limited, and an extensive real estate portfolio spanning an impressive 2,473 sellable hectares (6,112 acres) of prime real estate strategically positioned across Namibia. Trustco’s real estate portfolio has demonstrated its value-generating prowess, generating cash in excess of NAD 934 million (USD 52 million) since 2011. Notably, the current average selling price for the portfolio stands at NAD 1,800 per square meter (USD 1,076.39 per square foot), underscoring the immense potential for capital appreciation and revenue growth within this asset class. This vast land bank presents an unparalleled opportunity, with the potential for over 26,000 mixed-use erven to be developed. The real estate portfolio has an established a proven track record, successfully servicing more than 1,106 erven across all its developments over the past decade.Additionally, Trustco will purchase a 0.7% stake in Trustco Resources, its mining portfolio, whichhas recently released promising diamond resource estimates. The Meya River Kimberlite Dyke in West Africa, with an estimated in-situ value of USD 763 million, represents a significant opportunity for value creation. This estimate covers only 2.8 km (1.74 miles) of the dyke's strike length, which represents less than 5% of the total combined strike lengths of the kimberlite domains within Meya Mining's licensed area. Notably, in November 2017, the Meya Prosperity Diamond, the 29th largest diamond at the time, was unearthed at this site and subsequently sold for USD 16.5 million.The transaction remains subject to regulatory approvals, and additional details will be provided in a circular to Trustco shareholders.The repurchase transaction aligns with Trustco’s strategy to increase net asset value on a per share basis and simplify its investment portfolio. Trustco is thus positioned for its planned USD 100 million capital raise in the US markets that is set to create significant future value for shareholders. About Trustco:Trustco Group Holdings Ltd is an investment entity headquartered in Windhoek, Namibia, whichmanages a diverse portfolio of investments spanning the insurance, real estate, commercialbanking, micro-finance, education, and mining sectors. Decisions are biased towards generational investment performance alongside shareholder wealth creation, and short-term hurdles are viewed as catalysts for future growth.Historically, Trustco’s investment portfolio has delivered exceptional returns with a CAGR of68.97% since 1992, with a well-balanced asset mix, with a current average weighting of 34% in US Dollar based assets, while the remaining 66% is invested in Namibia Dollar (1 NAD = 1 ZAR) based assets. Trustco enjoys the backing of a wide range of coinvestors, including 3 610 from Namibia, 1 443 from abroad, and 94 from institutional entities. About Namibia:Namibia is a Southern African country with a population of approximately three million and a GDP per capita of USD 5 031 in 2022. The country is endowed with rich natural resources, with recentmajor discoveries of oil and gas reserves, lithium deposits and rare earth minerals that are vital for technology demand globally, with developments also underway in its green hydrogen projects.The Namibian government has heralded these discoveries as a transformative period, holding the potential to double the nation’s GDP by 2040.The country's economy expanded by 4.2% in 2023 and is projected to expand by 3.7% in 2024, following a recovery of 5.3% in 2022 from the COVID-19 pandemic. With its wealth of natural resources, pro-business environment, political stability and increasingly skilled workforce, Namibia offers attractive investment prospects across all sectors. Media Contact Organization: Trustco Group Holdings Contact Person: Neville Basson Website: https://www.tgh.na Email: Send Email Contact Number: +264612754501 Address:2 Keller Street, Trustco House Address 2: Windhoek City: Windhoek State: Khomas Country:Namibia Release id:13454
York, PA, 17408, United States, 3rd Aug 2024 - Heidler Roofing, a leader in commercial and specialty roofing across the Mid-Atlantic region, proudly continues its legacy of quality and innovation with a wide range of roofing services. From historical roof restorations to cutting-edge installations, Heidler Roofing offers comprehensive solutions tailored to meet the unique needs of each client. Unmatched Expertise in Commercial Roofing Heidler Roofing provides an extensive suite of commercial roofing services, including: Built-Up Roofing (BUR): Known for its durability and fire resistance, BUR is a preferred choice for many businesses. Thermoplastic Roofing (TPO and PVC): These materials offer a waterproof seal and resistance to oils, making them ideal for various applications. EPDM Roofing: Renowned for its longevity and adaptability to temperature fluctuations, EPDM is a staple in the roofing industry. Flat Roof Coatings: A cost-effective solution for extending the life of existing roofs without the need for complete replacement. “Our commitment to providing high-quality roofing solutions is matched by our dedication to customer service. We believe in building relationships with our clients through trust and reliability.” said Sean Cavanagh, Director of Business Development of Heidler Roofing.Specialty Roofing With a Personal Touch In addition to traditional commercial roofing, Heidler Roofing excels in specialty roofing projects that require a high degree of craftsmanship, including: Slate and Copper Roofing: For those seeking elegance and longevity. Custom Architectural Metalwork: Tailored solutions that enhance aesthetic appeal and structural integrity. “Our team of skilled craftsmen can handle any roofing challenge, no matter how complex. We specialize in turning visionary ideas into reality, ensuring each project reflects our clients' ambitions and our commitment to excellence.” Sean Cavanagh, added.Dedicated to Safety and Sustainability Safety is a cornerstone of Heidler Roofing’s operations. With a dedicated Safety Director, the company ensures all projects adhere to the highest safety standards. Furthermore, Heidler Roofing is committed to sustainable practices, utilizing environmentally friendly materials and methods wherever possible. Looking Ahead As Heidler Roofing looks to the future, they are excited to continue integrating innovative technologies and sustainable practices into their services. “Our goal is to remain at the forefront of the roofing industry, offering solutions that are not only effective but also environmentally responsible,” concluded Sean Cavanagh. About Heidler Roofing Since 1959, Heidler Roofing has served the Mid-Atlantic region, providing top-quality commercial and specialty roofing services. Known for their technical expertise and legendary service, they are a trusted partner for businesses looking to protect their assets from the elements. Media Contact Organization: Heidler Roofing Contact Person: Sean Cavanagh Website: https://www.heidlerroofing.com/ Email: Send Email Contact Number: +17177923549 Address:2120 Alpha Dr City: York State: PA, 17408 Country:United States Release id:15190
Hiring licensed electricians ensures safe, efficient, and compliant electrical work for residential and commercial needs. Certified professionals offer services from simple repairs to complex installations, including 24/7 emergency support. Garland, TX, United States, 16th Apr 2025 - Hiring skilled professionals guarantees optimal performance for your electrical needs. Local electricians possess the necessary knowledge to address various issues effectively, ensuring your home's safety.Their expertise is crucial for various residential projects, ranging from simple repairs to complex installations.Certified electricians maintain safety standards, safeguarding your property from electrical hazards.Emergency services are available 24/7, allowing you to address urgent situations promptly. Electrical contractors respond quickly, easing your worries during power outages and potential electrical fires.When selecting your contractor, consider their experience and community reputation. Engaging experienced professionals provides quality workmanship and reassurance for all your electrical services.Always check credentials to confirm you hire qualified individuals.Click here to learn more about: residential electrical servicesFinding Local Electricians Near YouFinding skilled professionals can greatly impact your electrical needs, whether for repairs or installations. Local electricians are well-versed in providing affordable services to meet various requirements.By checking online reviews, you can assess the quality offered by nearby technicians.Community resources frequently showcase reliable specialists that have received high praise.For urgent situations, emergency assistance is available to help get you back on track. It’s important to choose candidates with proven experience and positive feedback from previous clients.Requesting detailed estimates upfront can assist in avoiding unexpected costs and ensure a smoother process. With this focused strategy, relying on local experts will help you effectively tackle your electrical projects.Benefits Of Certified ElectriciansWhen it comes to maintaining your electrical systems, relying on trained professionals can offer numerous advantages. Certified electricians possess extensive expertise that ensures they meet the high standards required for various tasks, including installations and inspections.Their comprehensive training equips them to identify potential issues before they escalate, enhancing the safety of your home wiring.Adhering strictly to safety standards mitigates the risk of electrical hazards, offering homeowners peace of mind.Trusting these skilled repair technicians means your electrical systems operate efficiently and effectively, safeguarding your family and property.Expertise: Their knowledge leads to better problem-solving.Efficiency: They complete tasks quickly and accurately, saving you time.Reliability: Engaging certified professionals ensures consistent results with your wiring needs.Safety: Their adherence to safety standards minimizes risks during installations.Hiring Certified ElectriciansCertified electricians have an average of 4-5 years of training and experience.Homes serviced by professionals are 30% less likely to experience electrical failures.Adhering to safety standards can reduce the risk of electrical fires by up to 50%.Professional installations can enhance energy efficiency, potentially lowering utility bills by 10-15%.Understanding Electrical Services AvailableElectricians provide a range of specialized services vital for enhancing both safety and operational efficiency.Residential jobs encompass various installations and essential repairs.For commercial sectors, effective upgrades ensure compliance and optimal functionality.Innovations like panel enhancements fulfill modern power restoration needs efficiently.Thoughtfully designed lighting solutions can dramatically elevate both aesthetics and practicality.Proper outlet installation is imperative to minimize hazards while maximizing convenience.Engaging qualified professionals guarantees code compliance and reinforces safety standards.Opting for licensed providers significantly affects reliability and property safety.Emergencies demand immediate intervention to swiftly restore power and mitigate risks.Recognizing when to seek urgent assistance safeguards your investments and overall well-being.Before making a selection, assess qualifications and adherence to local codes for effective solutions.Evaluating these aspects empowers you to make informed choices for residential and commercial needs alike.How To Assess Experienced ProfessionalsFinding qualified professionals in the electrical field is imperative for achieving reliable service. Start by evaluating experience levels and acquiring the right credentials.Licensed contractors must possess the necessary certifications to ensure compliance with industry standards.Review customer feedback to acquire insights about reliability and workmanship.Insightful reviews often reflect the skills of skilled tradespeople who efficiently meet client needs. Understand the importance of thorough safety assessments and their connection to energy efficiency in your home.Verify that their expertise aligns with your specific electrical projects for enhanced results. 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Regular inspections not only promote safety enhancement but also enable homeowners to tackle troubleshooting issues proactively.These thorough assessments identify potential hazards, such as frayed wires or inadequate surge protection, well before they escalate into larger problems.Compliance and efficiency in electrical systems are maintained through adherence to local codes, potentially saving homeowners from costly repairs later on.Scheduling inspections every few years is a sound practice to preserve safety and uphold quality standards. This proactive measure enhances the longevity of your electrical systems and protects your investment.What specific issues can wiring inspections reveal? Inspections often uncover frayed wires, obsolete connections, or inadequate surge protection.How often should homeowners schedule these inspections? Every three to five years ensures optimum troubleshooting and efficiency.What To Expect From Electrical ContractorsFor homeowners and businesses, engaging skilled electrical experts can make a significant difference in ensuring reliable service. Licensed professionals offer a wide array of tasks, maintaining safety while adhering to local regulations.Key responsibilities include installations, upgrades, and repairs across both residential and commercial spaces.Trusted reviews frequently showcase their quick response capabilities for urgent matters.When evaluating options, verify credentials and seek referrals to confirm their expertise. It's prudent to inquire about their experience with similar projects and investigate whether top-rated services come with warranties.This approach lays the groundwork for securing professional solutions tailored to meet your electrical requirements.Tips For Affordable Services In Your AreaLocal research plays a significant role in discovering suitable electrical technicians for your needs. Numerous online platforms list reliable electricians, which allows for easy comparison of services.When searching for local companies, prioritize those that emphasize home safety and provide competitive rates.Gathering multiple quotes from different providers can enhance your chances of securing the best value.Seek recommendations through community forums and bulletin boards, where you may uncover seasonal promotions or discounts offered by trustworthy providers. While affordability is essential, do verify the quality of service to ensure compliance with local wiring codes.Ensuring Code Compliance With Licensed ContractorsChoosing the right professionals for electrical projects can significantly impact your safety and satisfaction. Licensed contractors possess the expertise necessary to ensure all household work complies with current safety standards.Their certifications confirm adherence to local and national regulations, providing peace of mind.High voltage experts excel in safely managing complex systems, while low voltage specialists offer exceptional installation efficiency.Gathering multiple estimates allows customers to identify qualified professionals effectively. Engaging reputable electricians reduces the risk of non-compliance and potential hazards.Prioritizing safety standards protects your property and fosters a secure environment.Choosing Electrical ProfessionalsLicensed contractors are required to complete training and pass exams to ensure compliance with safety standards.Hiring high voltage experts reduces the risk of accidents associated with complex electrical systems.Low voltage specialists can improve installation efficiency, saving time and reducing costs.Obtaining multiple estimates helps homeowners compare qualifications and select the best professionals for their needs.Affordable Electrician Near Me Available TodaySafe Plug Electric 2013 Glencrest Ln, Garland, TX 75040214-380-0034 https://safeplugelectric.com/ Media Contact Organization: Safe Plug Electric Contact Person: Safe Plug Electric Website: https://safeplugelectric.com/ Email: Send Email Contact Number: +12143800034 Address:2013 Glencrest Ln, Garland, TX 75040 City: Garland State: TX Country:United States Release id:26541 The post Licensed Electricians In My Area Offer Reliable Services appeared first on King Newswire. 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