CITIC TOWER II: THE REAL OPTION CASE STUDY SUMMARY Scenario * Undeveloped prime waterfront property on Victoria Harbor was bought 6 months ago at public auction * Owner now wants to sell the land and is available to Citic Pacific Limited on a first-choice basis through an intermediary * Larry Yung (Chairman) thought they could acquire the site and turn it into another Grade-A office building “Citic Tower II” * Asking price of the land was $1 billion * Net present value of property
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Abstract Throughout the popsicle stick tower crane projects‚ groups were instructed to build a tower crane replica out of popsicle sticks‚ with the purpose of holding the most weight in a competition between their peers’ tower cranes. The Insane Cranes focused on making a very sturdy base‚ and a flexible yet strong jib. Their crane held 2‚600 grams and places second in their class-wide competition. They found that the hardest part of the project was the research about and the assembly of the jib
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car and takes her to his house. Then she wakes up and leaves without saying goodbye. Which is the first sign that I saw that this was all just a hoax. And I was right‚ it was a hoax. As it turns out he thinks he witnesses her jumping out of a bell tower when really it was an actress named Judy who was hired by Elster to kill Elster’s
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decision to make. He must decide if he should invest in property and build the “Citic Tower II”. Under the current conditions‚ the current net present value is negative‚ which is one of the factors that Larry is using to decide. Another concern is that the commercial real estate market is very cyclical in the area. Also‚ with the current economic conditions‚ there is not really a guarantee that the “Citic Tower II” will survive in the area‚ which another concern for Larry Yung. In terms of the positives
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CRITIQUE: SEARS TOWER I remember being passionate about the design of a certain building standing in the heart of the United States of America when I was 14-15 years old. Well‚ I still am. There is something romantic about this building- its tall frame‚ its minimal design‚ the elegant black bands running around the building‚ the use of tinted black aluminum curtain with bronze tinted glazing‚ the bundled tubular form etc etc. I have always been a fan of minimalism‚ courtesy Mies Van Der Rohe
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The Ivory Tower It rose up inside of me; the sense of fear was undeniable‚ as if it were a penned bull being taunted and ready to charge. The Clean‚ sickly‚ astringent smell that clung to the air made me feel nauseated. Sweat dripped in beads down my forehead‚ as my eyes darted around the room trying to catch any sign of movement. My heart beat furiously in my chest‚ convulsing with every movement. Goosebumps suddenly rose on the back of my neck as I noticed the leather straps binding me to the
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Local Literature Game Development in the Philippines may just be an infant but it is a fast growing industry. These articles tells us where our own gaming industry went so far. In 2007‚ GDAP was formed in order to promote the interests of the Philippine game development industry. To date‚ it has more than 30 members consisting of schools‚ universities‚ and companies. One of its members is Anino Games‚ the oldest still-running Philippine game development studio‚ which is around a decade old.
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Using the mix of animation‚ archival footage and interviews‚ the film “Tower” shows the events which took place on the day of August 1‚ 1966. On this day‚ a gunman went up to the observation deck at the University of Texas Tower and opened fire. The animated documentary tells the stories of the victims‚ survivors and heroes of that day‚ while vividly displaying the occurrence. The film starts with a journalist reporting from the scene while driving toward the campus. “This is a warning to the
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a guide warned us that we would have to climb 937 steps to reach the top of the ancient tower. At first we started counting the steps ourselves‚ but we soon lost patience. We occasionally passed small windows cut into the wall. As these gave little light‚ we felt as if we were going round and roung a dark tunnel. It was good to get out into the fresh air at last. from the top there was an excellent view of the grounds of the castle and of the surrounding countryside. In the distance‚ we could just
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post is going to be about the The Twin Towers (Worlds Trade Center). I am writing about this because for some reason it has really got to me that someone so arrogant would destroy something that was so meaning full to our lives. If were to walk in side there body it would be nothing but mean and disrespectful things. Such as distroying The Twin Towers. Lately I have been watch shows and news cast talk about the the unforgetful day of when The Twin Towers had been terrorised. Just the other day
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