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...By contrast, Breit struggled to cover its distribution with cash flow from operating activities, a metric that doesn’t include recurring property expenses like capital expenditure....
...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....
...The federation said it had yet to receive any information beyond the search warrant, “from which you can’t understand much”....
...Often, in the world of creativity, you’re trying to create something that hasn’t existed before....
...“It starts this spring and it picks up momentum, and I don’t think it’s going to end inside of 15 years.”...
...And, you know, you’ve seen this in other categories of real estate, like in retail where certain malls just weren’t gonna be malls anymore and you had to find something else to do with that land....
...“Now that borrowing from the bank isn’t ‘free’ and isn’t easy [to secure], real estate does not have the shine it had before,” explains Rob Fleischman, a technology entrepreneur and investor, who is chair...
...Commercial real estate is in dire straits. At the same time, there’s an acute shortage of residential housing. Surely, the solution is simply to convert offices into homes en masse?...
...Some of the UK’s biggest pension plans are taking advantage of steep price discounts to snap up real estate and other private assets, as fellow retirement funds put their harder-to-sell holdings on to the...
...But he said it “hasn’t really taken off” until now, which he credited to “post-pandemic hybrid working patterns”....
...Despite the slow 2023, Rightmove’s annual revenue rose 10 per cent to £364mn on the back of a 6 per cent increase in spending by estate agency clients, and a 26 per cent rise in revenue from new home developers...
...as private real estate....
...They just want to get their hands on its vast real estate holdings. Macy’s owns hundreds of its stores....
...Common reasons for not doing so can be believing that one doesn’t have enough assets or wealth, or that they have plenty of time....
...With a menu of 10 original cocktails, inspired by Brussels’ favourite surrealist son and crafted by Salvatore Calabrese, one of mixology’s elder statesmen, it’s a tailored and sexy experience....
...Meanwhile, Germany’s real estate market faces a reckoning of its own....
...In January the Superior Court of Delaware ruled in favour of the Barotz estate and ordered a $6.9mn payout (final judgement here)....
...It isn’t one most Europeans would recognise or like. America’s ultraconservatives take a dim view of Europe’s supranational institutions....
...Real estate folly A big real estate developer in China plotted out a development bigger than the land area of Monaco. There were plenty of red flags, The Wall Street Journal reveals....
...Oksana later learnt that Salvatore had warned his uncle: “If I can’t have her, nobody can.” It wasn’t clear to Oksana back then exactly what Salvatore did for a living....
...I don’t go into pubs often but abhor the fact that new housing estates do not seem to have pubs or corner shops or village halls or anything where the community may gather....
...It is one of several on Dungeness. A mainline branch terminated at the estate from 1883 until 1953....
...The Earps are one of a number of people who’ve gone back to an old family farm or estate to try to make a go of it....
...Yet the cooling of the Cornish property market isn’t easing the area’s housing crisis or making life any easier for locals....
...The real estate investment trust (Reit) posted a deepening of pre-tax losses for the six months to September 30 due to a swingeing £220mn valuation drop....
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