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...Canary Wharf has also been challenged by the departure of key tenants, as it works to diversify the estate. The group is burdened with £3.7bn of net debt....
...Sir Lynton Crosby’s CT Group has been accused of unlawfully gathering privileged information in a legal battle in London’s High Court over a multibillion-dollar estate linked to a deceased Russian billionaire...
...The $60bn Blackstone Real Estate Income Trust generated $2.7bn in cash flows in 2023, mostly in rents from a portfolio spanning thousands of warehouses, apartment buildings and data centres across the US...
...Grosvenor, the Duke of Westminster’s property company, is launching a £900mn lending business focused on residential development, as real estate investors opt for debt investments over the risk of buying...
...Edward Cole is head of multi-strategy equities at Man Group. In physics, the more momentum an object has, the harder it is to stop....
...Australia’s two largest supermarket chains — Woolworths and Coles, controlling about 65 per cent of the grocery market — have come under intense scrutiny in recent months over allegations of price gouging...
...Berkshire Hathaway’s HomeServices of America, the largest US residential real estate brokerage, has joined rivals and agreed to settle lawsuits that challenged long-standing fee arrangements in the industry...
...European commercial real estate deal making fell to a 13-year low at the start of 2024, as fading hopes of imminent interest rate cuts prolonged the slump in property markets....
From David Cole, Dunmow, Essex, UK
...Now our funding’s been scrapped (Sunday Times $) — How giving birth triggered a life-changing illness (The Observer) — Bill Gates, Man United and 20 other sites that ban linking to them (Malcolm Coles)...
...Now 48, Cole is an established maker of literature himself....
...Yet buying real estate is not the smartest use of luxury cash flows. On the face of it, Kering’s deal does not look too bad....
...But they still need agents — particularly those who sell real estate as a side hustle — to stay put, rather than go the way of travel agents. pan.yuk@ft.com...
...China’s economy has struggled to regain momentum against a backdrop of deflation, low consumer confidence and a cash crunch across the country’s major property developers....
...The difference between the percentage of estate agents reporting a rise in buyer interest versus those recording a drop climbed to 8 points, double the reading of the previous month and the highest reading...
...Signs of stress in the commercial real estate sector are now coming thick and fast....
...of LLMs....
...Accompanied by cleverly arranged samples of 1980s west-coast rap tracks, the modern LA kingpin takes jabs at Drake and also J Cole....
...Eldagsen’s work is part of Post-Photography: The Uncanny Valley (to May 17), alongside Nouf Aljowaysir and Ben Millar Cole; their pieces all open up questions about the relationship between artist and machine...
...“Both estate agents and new-homes developers needed to work harder to close sales,” said chief executive Johan Svanstrom....
...Service, which feeds into real estate platforms such as Zillow....
...With liabilities of about $200bn against $340bn for Evergrande, Country Garden is an important part of the country’s real estate sector, which typically accounts for more than a quarter of overall economic...
...Guy Gittins, chief executive of the London-focused estate agency, said he expected rents on new tenancies to rise between zero and 2 per cent on average across the UK capital in 2024, a marked decrease from...
...Global real estate, squeezed by rising interest rates, is in the midst of the worst slump since the financial crisis. Office occupancy and valuations have plummeted, especially in the US....
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