Kent Tribune http://kenttribune.com/ Wed, 20 Oct 2021 14:16:48 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 https://kenttribune.com/wp-content/uploads/2021/05/icon.png Kent Tribune http://kenttribune.com/ 32 32 Taoiseach “concerned” about well-being of frontline health workers as Niac considers boosters https://kenttribune.com/taoiseach-concerned-about-well-being-of-frontline-health-workers-as-niac-considers-boosters/ https://kenttribune.com/taoiseach-concerned-about-well-being-of-frontline-health-workers-as-niac-considers-boosters/#respond Wed, 20 Oct 2021 10:50:52 +0000 https://kenttribune.com/taoiseach-concerned-about-well-being-of-frontline-health-workers-as-niac-considers-boosters/

Taoiseach Micheál Martin said the government was “concerned” about the well-being of frontline healthcare workers and that the state immunization agency would keep the issue of recalls under review for this group.

The National Advisory Committee on Immunization (Niac) this week approved the extension of COVID-19 boosters to people over 60 years of age.

“As far as healthcare workers are concerned, this is an issue they said they would continue to review and re-examine,” Martin said on Wednesday morning.

“It’s a matter of concern.”

“We are worried about the healthcare workers who are on the front lines. And there is growing evidence of a potentially hospital acquired infection due to the higher prevalence of the virus in the general community. When this happens, it also tends to manifest itself in healthcare facilities, which puts staff in more difficult situations. “

Higher Education Minister Simon Harris said he was “surprised” at Niac’s lack of decision on the matter.

“It surprises me that we do not yet have a positive recommendation for a booster program for health workers, but I also know that we have been very well served by our vaccination program and in general by taking advice. medical and clinical in relation to things …

“Niac is looking at the problem and will keep the problem under review,” he told The Pat Kenny Show.

Widespread campaign

Mr Martin welcomed the decision to offer recalls to people over 60 and said there was a clear feeling in the EU that a large-scale recall campaign would be part of the fight against Covid-19.

“In terms of a recall campaign, I think it’s good that Niac made a recommendation, something that I applaud when it comes to the over 60s. I know that at the European Union level, and As the EMA noted, people over 18 may be boosted six months after their second dose is given.

“It is clear that the European Union, when it has entered into a pre-purchase agreement for the next two years, covering hundreds of millions of vaccines to be purchased through Pfizer, clearly sees the future in terms of application. from a booster vaccine to a larger population as we move through the pandemic. They see it as part of the medium term.

The Taoiseach said the success of the Irish vaccination program was in part due to the feeling that there is professional clinical expertise behind the campaign.

“I think the National Advisory Committee on Immunization has given consistent advice from the start regarding immunization. We have reached 93% (of people) fully immunized, which is a tremendous achievement globally. And I think we have to accept that it shows that people have confidence in the immunization program. One of the reasons people have confidence in the immunization program is that there is professional clinical expertise underlying decisions about vaccine administration.

“And I think we obviously have to keep that structure and that edifice and that’s why it’s important that we defer to Niac in terms of advice.”

The Health Service Executive will begin giving booster shots to more than 800,000 people aged 60 to 80 in early November.

Most people over 70 are likely to receive boosters at their local GP office, while those aged 60 to 70 are likely to receive them at mass vaccination centers.

Officials are currently working on the details of the boosters’ deployment, which was approved by Cabinet on Tuesday. Officials say that with two million doses of Pfizer vaccine in stock, supply is not an issue.

However, some people in this age cohort will have to wait for the vaccine, as six months will have passed since they received their second regular dose of the Covid-19 vaccine.

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Does the second city attract investors from secondary cities? https://kenttribune.com/does-the-second-city-attract-investors-from-secondary-cities/ https://kenttribune.com/does-the-second-city-attract-investors-from-secondary-cities/#respond Wed, 20 Oct 2021 00:40:52 +0000 https://kenttribune.com/does-the-second-city-attract-investors-from-secondary-cities/

Many commercial real estate experts have predicted an exodus of homeowners and investors from crowded urban areas like Chicago during the coronavirus pandemic. Big cities were seen as increasingly inhospitable to residents, who had to move in droves to so-called secondary cities, smaller metropolitan areas like Nashville or Austin where the cost of living was lower and residents could get more space.

At the very least, the pandemic was expected to create an additional incentive or sense of urgency for people who were already planning or considering leaving big cities like Chicago in 2020, said Sean Connelly, director of 33 Realty, based in Chicago. He noted that the trend is expected to create a mini-boom for small towns and a squeeze in occupancy rates in skyscrapers and other residential properties in some Chicago neighborhoods.

But did he do it?

“Yes, there was a big upheaval when people started working remotely due to the Covid-19 pandemic,” said Connelly, whose company provides management, brokerage and other services for multi-family properties. “But there was an overreaction of the market to the damage that cities would suffer. What we have seen is that the big cities have actually bounced back much faster than we thought a year ago.

Connelly, who has over a decade of commercial real estate experience in Chicago, attributed the phenomenon to a variation of an old axiom that could apply to CRE and pretty much everything in between.

“Maybe the grass isn’t always greener after all,” he said.

Investors found that secondary markets lacked the products and supporting infrastructure to cope with a sudden influx of buyers. At the same time, the availability of Covid vaccines and a cooling of the urban unrest seen in 2020 have restored the level of comfort for people living in dense and ancient cities.

As a result, he said, places like Chicago are once again attractive to shoppers, and the outlook for the multi-family market there is much more positive and optimistic than it was a year ago.

“We are finding that existing products are filling up much faster than expected when we looked at the rental horizon last year,” said Connelly. “We’ve seen rents come back, not to pre-pandemic levels, but they’re close. We anticipate an increase in rents in spring 2022 due to demand from young tenants returning to the city. Everything that attracts someone to live in Chicago is still there, and we remain an international destination for renters and investors.

However, he added, some important questions remain on the horizon for the Chicago multi-family market.

One of them is the Affordable Requirements Ordinance updated by Chicago City Council earlier this year. The ARO requires developers to devote a percentage of new apartments or condominiums to low and moderate income residents. In the city’s largely upscale downtown, the ordinance calls on developers to reserve 20% of new developments for affordable housing – or pay extra fees to the city.

This has created some uncertainty for Chicago developers who, like their peers across the country, have already seen their projects slowed down by supply chain disruptions and labor shortages, Connelly said.

“It’s difficult to build right now in Chicago, given the new ARO,” he said. “Products that were already in the process of being licensed and that were authorized are on the rise. But the new ARO will make it harder to make pencil deals. Until the developers can find a market solution to the new ordinance, I think we’ll see a slowdown on the construction side.

To further complicate matters, 2021 is a year for property assessments in Chicago. People are also keeping a careful eye on inflation.

“There is a real fear of what will happen with property taxes for long-term Chicago homeowners who may not have had real pressure on their taxes in a while,” Connelly said. “Conversely, there are buyers who have been successful in other markets in trying to invest capital in the real estate market as a hedge against inflation.”

With today’s historically low interest rates, he added, a property bought today is likely to be worth much more 10 years from now despite the current headwinds in Windy City. In addition, the odds are favorable that investors with new debt will overcome the uncertainty surrounding the tax increases that will inevitably be passed on to tenants.

Despite the uncertainties, Connelly is optimistic about the future of multi-family in Chicago.

“We expect the market to return to normal and will quickly return to a growth path,” he said.

This article was produced in collaboration between Studio B and 33 Realty. Bisnow News staff were not involved in the production of this content.

Studio B is Bisnow’s in-house content and design studio. To learn more about how Studio B can help your team, contact studio@bisnow.com.

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The Espai project could be a huge financial success for Barcelona https://kenttribune.com/the-espai-project-could-be-a-huge-financial-success-for-barcelona/ https://kenttribune.com/the-espai-project-could-be-a-huge-financial-success-for-barcelona/#respond Tue, 19 Oct 2021 15:43:00 +0000 https://kenttribune.com/the-espai-project-could-be-a-huge-financial-success-for-barcelona/

Barcelona are strapped for cash at the moment. The Catalans have never been in such a dire situation. Besides their long-term loan of over € 1 billion, they have also accumulated a lot of short-term loans that they need to repay. Negotiations and readjustments with other clubs take a lot of time and resources. This of course ends up hurting the whole club, including the team. Many players want more pay or are afraid of being cut from the squad due to lack of funds. The results were also not very stable and the new era under Joan Laporta began with a difficult start.

The only way out of this situation is either a huge loan from an investment bank or the Espai project. The Espai Project is essentially a Camp Nou renovation project as well as a whole new world of recreation, entertainment and sports for fans and spectators. Barcelona have made a detailed public announcement of what they want to do with the Espai project and everything looks very promising. Apart from rebuilding Camp Nou and adding new seats via the Goldman Sachs loan, Barcelona also intend to add complexes, new offices and even a hotel.

Resorts, hotels and recreation centers are a great way to raise more funds and make fans feel closer to the club. The Catalans also intend to renovate the Palau Blaugrana so that more people can be seated in the stadium / sports center. The ice rink will also be kept so that more income can flow. The majority of the money is expected to come from the hotel and recreation center and according to the club the plans won’t require more than 200 euros per year. This is great news for Barca fans as the club finally have a solid and productive way out of the financial slump and they can finally look to the future.

What should Barca do to help recover their finances?