The Division due out in late 2014

The Division begins recruiting 'closer to
the end' of 2014

During Ubisoft's first quarter investor call
today, CEO Yves Guillemot narrowed the
release window of open-world Xbox One and
PS4 RPG The Division to late in 2014.
"We can expect it will be closer to the end of
the year than the beginning," said Guillemot,
adding a follow-up clarification that he meant
for the calendar year and not the fiscal,
which would have meant January-March,
2015.
Today's call emphasized Ubisoft's next-gen
strategy, which will be a heavy investment
and focus on open-world games with
multiplayer components.

Source: joystiq.com