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...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...
...Public records show that the Delaware-registered entity Son used to buy the property, SV Projects LLC, mortgaged the house to secure a ¥10bn loan — worth $92mn at the time — from Japanese bank Mizuho to...
...Apollo has sold a stake in the lending business it acquired from Credit Suisse last year shortly before the Swiss bank’s shotgun rescue by UBS, securing a multibillion-dollar investment from one of the US...
...The property is a short drive from other seaside towns and villages in the area. The drive to Cardiff takes about 2 hours....
...Getting to Plan B is the title of a business book written by Randy Komisar, an entrepreneur, and John Mullins, an associate professor of management practice at London Business School....
...The ability to attract Citadel as a tenant delivers a boost to the Broadgate project at a time when British Land is exploring bringing in another investor in the joint venture....
...Kingfisher, owner of the B&Q, Screwfix and Castorama DIY chains, has warned that profits will fall again this year, after a 25 per cent drop in the year to January....
...Garnier, who has been spearheading a turnaround of the company, said the group had identified around a third of its Castorama stores as the lowest-performing as part of a push to right-size and modernise...
...Fitch Ratings downgraded Vanke in October from triple B plus to triple B, citing weaker than expected sales....
...thriving village with a good community,” says Amanda Ake, regional director at Stacks Property Search....
...Google has a 10-year deal with derivatives exchange CME Group and invested $1bn in the Chicago-based business....
...Triple-B [the lowest rung of IG] spreads are at about 120bp, whereas double-B high-yield is at 200bp. So you pick up 80bp from going from triple-B to double-B....
...Thankfully, B&Q sells a selection of both tenon saws and rulers....
...However, Third Point told the Financial Times it had held “only preliminary conversations with Flow [Neumann’s property company] and Adam Neumann about their ideas for WeWork, and has not made a commitment...
...Existing dedicated short-term lets will not require a planning application. The changes will not affect hotels, hostels or B&Bs....
...Ted Baker is on the brink of collapse unless it finds a new business partner, casting doubt over the future of hundreds of high street jobs at the UK fashion brand....
...Council tax is a disgrace, where the owner of a mansion in Westminster pays little more than the tenant of a bedsit in Weymouth. Business rates have crippled the retail sector....
...Trading houses were seeking to use AI in two main ways, he said — to improve business efficiency and to develop a trading “edge” by having more analytical power than competitors....
...“I had a dual plan: plan A involved transforming the family home into a guest house and restaurant; and plan B was to sustain a livelihood as a chef, regardless.”...
...The amount spent on hostels and B&Bs alone totalled £565mn in 2022-23. So what to do?...
...Brexit and mortgage regulatory changes also played a role, according to Richard Donnell, executive director at property consultancy Houseful....
...“Ultimately we are a workplace and our policies and expectations are clear: this is a business, and not a place to act in a way that disrupts coworkers or makes them feel unsafe, to attempt to use the company...
...The 62-year-old Australian, whose audacious poaching of more than 20 senior executives from asset manager Barings last month has already sparked litigation, spent 20 years running a property business that...
...Palazzo Passerini is a three-bedroom residence that can be booked on a B&B basis or bought out in exclusivity by a total of six guests....
...The “entire town” evacuates, “fleeing white residents” selling their properties to former freedmen who have arrived from the South, “led by hearsay”....
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