Hints and tips:
Related Special Reports
...The failure of Signa, a property empire built over the past two decades by its politically connected, billionaire founder Benko, has been the highest-profile casualty of the strains across Europe’s commercial...
...“He was a young tech guy, and his company had blown up, and he needed tax write-offs....
...But both property and casualty reinsurers, and their counterparts in the life business, are now attracting greater attention. Let us take them in turn....
...The US property and casualty insurance industry has suffered through a summer of devastating thunderstorms on the continent....
...In a statement, Silverstein confirmed that junior and senior mezzanine debt and mortgage loans were all in maturity default, and that property broker JLL was organising a sale....
...Graham Capital Management is planning to expand to New York after decades as a Connecticut-based hedge fund, in a vote on the future of America’s financial capital following an exodus of investment firms...
...KaDeWe, Germany’s most famous and exclusive department store, filed for administration on Monday, becoming the latest casualty of René Benko’s crumbling property empire....
...“I like to think our property portfolio is of reasonably high quality and quite resilient,” Simpson told Bloomberg....
...But in New York, some of the best properties coming to market are now sitting for months....
...This has been required to list a property on a database known as the multiple listing service (MLS). The latter aggregates properties for sale regionally and is controlled by the NAR....
...The likely sale of Paramount marks it out as the first big casualty of the streaming wars. It may not be the last. When companies followed Netflix into streaming, market entry was straightforward....
...The insurer was likely to “receive questions about potentially buying a commercial lines [property and casualty] business at the top of the cycle . . . but the purchase price seems reasonable in this respect...
...In developed economies in Europe and North America, existing homes are the norm for buyers. But in China, the biggest building boom in human history has created millions of new homes....
...The US Treasury secretary Janet Yellen also last week raised concerns over the impact of falling property valuations on the banking system....
...intellectual property protection....
...Aareal, which is owned by Advent International and Centerbridge Partners, and its listed German peer Deutsche Pfandbriefbank have been particularly hard-hit by their exposure to US commercial property....
...We talked a little bit about these sorts of stocks last week, and we mentioned our first pick, Everest Group, then. Everest is a property casualty reinsurer and primary insurer based in Bermuda....
...The likely sale of Paramount Global marks it out as the streaming wars’ first big casualty, says the FT editorial board....
...The bank originated as the Nippon Credit Bank, which was among the highest-profile casualties of the protracted fallout from the collapse of Japan’s 1980s property bubble....
...Today, however, Oceanwide Plaza remains unfinished and its parent company is out of money....
...The US commercial property market, the largest in the world, has been sliding....
...We show the cohort of banks that meet either criteria in terms of share of bank loans and bank and non-bank loans/ debt....
...Stacom led the $5.4bn sale of New York’s Peter Cooper Village and Stuyvesant Town in 2006, which included 110 separate buildings and 80 acres of property....
...That helped mitigate any massive losses for Berkshire’s all-important property and casualty insurance segment. Profits here jumped....
...The growth in casualty insurance is intended to provide a “better balance” to its catastrophe-exposed property policies....
International Edition