Hints and tips:
...Responding to popular concerns about commercial real estate — rising interest rates and work-from home-trends — he said: We have always focused on owning premier real estate in the best locations, which...
...These vehicles are called business development corporations, or BDCs....
...Commercial real estate Commercial real estate loans are particularly in focus for banks....
...David Bell: It will stagnate, probably doing as badly as other advanced countries (USA excepted)....
...Others include rail lines, bridges, special economic zones and massive real estate projects that open up vast economic opportunities for Hong Kong....
...The 2023 recession could be characterised as the “Zoom Recession”, where sectors that benefited the most from the era of low interest rates, such as tech and real estate, end up suffering the most....
...But four years later Revolution, which wanted to be “the Ikea of homes”, has yet to demonstrate a feasible business model....
...Barclays has hired Bronson Albery as its head of real estate banking for Europe, the Middle East and Africa. He joins after spending over two decades at JPMorgan Chase....
...(Wall Street Journal) News round-up Head of German financial watchdog resists calls to resign over Wirecard (FT) Abu Dhabi oil group reaches $5.5bn real estate deal with Apollo (FT) Ant Group plans to...
...But that crisis was primarily contained within Dubai’s real estate sector and government-related entities, which had gorged on debt as the city expanded....
...local investment banks such as China International Capital Corporation and Citic Securities find it harder to compete....
...MSCI’s ambitions for private capital — non-listed, more opaque asset classes such as loans, real estate, private equity and infrastructure — are currently more aspirational, with acquisitions expensive....
...Grit in the oyster Many companies and investors say they try to “do well by doing good”. As a reminder that many still fall short, here’s a little grit in the ESG oyster....
...So when acquiring estates, “we always looked at what was next door”. In that respect, Tompkins believes their combined business background was helpful....
...This week ING also said it had developed a “sustainability improvement derivative” (Sid) for SBM Offshore, a Dutch servicing business for the offshore energy industry....
...Big conglomerates, which remain focused on traditional industries such as banking and real estate, are supposed to be natural early-stage funders....
...But as geopolitical concerns mount, and equity markets wobble close to record highs, the bursting of bubbles in asset classes from shares to real estate pose a risk to any bank — JPMorgan perhaps more than...
...Then there are private, bilateral deals, typically set up by real estate brokers freelancing as peer-to-peer lenders....
...Officials in western Europe and North America say billions of dollars in dirty money pour in each year, mainly through assets such as real estate....
...Annette Byron Partner, real estate, Freshfields 82. Dominic Mignon Chief of staff, office of the CEO, Aon 83. Donna Herdsman Director, Hewlett Packard 84....
...We bring this up because 21 Inc’s efforts seem intent on doing something similar for the world of physical devices....
...After years growing on investor capital, the group went public in April in a float that valued the business at about £1.5bn....
...“They need to watch commercial real estate,” says Sheila Bair, the former Federal Deposit Insurance Corporation chairwoman. “I do hear anecdotal evidence of lending standards slipping.”...
...(Financial Times) Commerzbank’s £5bn UK property sale draws interest: “US real estate investment firms, including Blackstone, Lone Star, Starwood Capital and have expressed interest in buying all or part...
...This week PotashCorp warned that the fertiliser business was not going as well as it had thought and that earnings would be below the previous guidance....
International Edition