Glossary entry (derived from question below)
Spanish term or phrase:
División de Patrimonio
English translation:
Rental Property Division
Added to glossary by
Poughkeepsie
Jun 28, 2007 15:49
16 yrs ago
1 viewer *
Spanish term
Spain
División de Patrimonio
Spanish to English
Other
Finance (general)
President's Report
¿Que es la División de Patrimonio?
En el futuro seguiremos fomentando nuestra División de Patrimonio con objeto de potenciar los ingresos recurrentes, lo que debe permitir reducir la vulnerabilidad de la compañía.
Gracias.
En el futuro seguiremos fomentando nuestra División de Patrimonio con objeto de potenciar los ingresos recurrentes, lo que debe permitir reducir la vulnerabilidad de la compañía.
Gracias.
Proposed translations
(English)
| 5 +1 | Rental Property Division |
John Rynne
|
| 3 | Equity Division |
Adam Burman
|
Proposed translations
+1
28 mins
John Rynne
Native in English
Specializes in field
Experts in finance - Spain
Native in: English 
Works in: Spanish to English, English to Spanish
Related KudoZ points
:
489
Selected
Rental Property Division
I presume we are dealing with a real estate company. They generally have 2 lines of business: a) building stuff for sale (Property Development), and b) owning flats, offices, shopping centres, etc. to rent out (Rental Division).
The explains why the Patrimonio division gives recurring revenues, contrasting with the boom and bust cycle that property development goes through (Spain is currently at the top of the wave, and the general opinion is that the property development business can only go downhill for the next few years).
The explains why the Patrimonio division gives recurring revenues, contrasting with the boom and bust cycle that property development goes through (Spain is currently at the top of the wave, and the general opinion is that the property development business can only go downhill for the next few years).
4 KudoZ points awarded for this answer.
Comment: "As always John, right on the mark. I'm grateful you're in the foro!"
20 mins
Adam Burman
United Kingdom
United Kingdom
Native in English
Specializes in field
United Kingdom
Related KudoZ points
:
40
Equity Division
A few options for this one really.
Good luck
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Note added at 23 mins (2007-06-28 16:12:13 GMT)
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Couple of examples:
http://www.abcmoney.co.uk/news/06200783451.htm
"Prudential shuts equity division"
Established in 1986, Aberdeen Asset Managers Private Equity is the private equity division of listed investment management company Aberdeen Asset Management PLC.
Good luck
--------------------------------------------------
Note added at 23 mins (2007-06-28 16:12:13 GMT)
--------------------------------------------------
Couple of examples:
http://www.abcmoney.co.uk/news/06200783451.htm
"Prudential shuts equity division"
Established in 1986, Aberdeen Asset Managers Private Equity is the private equity division of listed investment management company Aberdeen Asset Management PLC.
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