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As Boris Johnson, London's mayor, says, the city is "now globally recognised as such a desirable city that its property is treated effectively as another asset class".
But now, instead of fretting over a lost opportunity of cashing in during the boom, he looks at the property more as another asset in his portfolio, and eventually, he will realize its value.
Do you think the influence of money is hurting the art world? A. The biggest thing that frustrates me is that there's an increasing tendency to view art as another asset class, as they say, an investment opportunity — and to treat artists as tranches of equities.
The favorable hygric properties can be considered as another asset.
So it's BATS Exchange offering cash equities as one asset class and options as another asset class.
For the entrepreneur of a small company, however without an enforceable pre/postnuptial agreement eliminating the entity from contention the family business is viewed as another asset in the marital estate that is subject to distribution upon divorce.
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Ms. Diem and Mr. Slade see Cragsmoor's sense of community as another distinctive asset.
Finally, a more developed infrastructure, such as availability of office and teaching space as well as equipment, was reported within South African universities as another capacity asset.
Under questioning, Bernanke also said "tradition" dictated that most central banks held large quantities of gold bullion in reserve, rather than another asset such as diamonds.
DealBook » Chinese Group Agrees to Buy a Unit of A.I.G. | The transaction is yet another asset sale as A.I.G. continues to sell of nonessential businesses, largely to help pay back its taxpayer-financed rescue, Mr. de la Merced reported.
That CNN is undergoing a reorganization, and that TBS is virtually divesting itself of another asset, serve as stark reminders of Mr. Turner's diminished role at Time Warner as it prepares to merge with AOL.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com