Hints and tips:
Related Special Reports
...Canary Wharf Group Investment Holdings, one of the primary entities within the group’s corporate structure, received written confirmation from Brookfield and QIA that the two shareholders would provide financial...
...Moody’s is to leave its office in Canary Wharf in favour of new premises in the City, making it the latest high-profile financial tenant to abandon London’s Docklands for the Square Mile....
...Large private property trusts similar to Breit managed by investment groups, including Starwood Capital and Brookfield, also reported cash flows falling short of distributions in 2023, filings show....
...Private equity group Brookfield and the Qatar Investment Authority, which have owned the east London financial centre since 2015, on Wednesday announced an equity infusion of £300mn and a £100mn revolving...
...The widespread drop in global house prices that hit advanced economies has largely petered out, according to a Financial Times analysis of OECD data, leading economists to predict that the deepest property...
...S&P also said that “BPY has one of the weakest financial risk profiles within our North America real estate coverage given elevated leverage and thin interest coverage.”...
...Loans from the fund are typically extended for up to 20 years, secured against property assets and carrying a “commercial” interest rate....
...Wall Street firms could be at risk in the face of a $2tn “wall” of property debt coming due in the next three years....
...Brookfield Property Group said the FDIC was running a “secret” process to sell Signature Bank loans....
...Kering and its larger rival LVMH were the buyers in three of Europe’s largest five property sales last year, according to MSCI, with LVMH’s roughly €1bn purchase from investment firm Brookfield on the Champs-Élysées...
...“We felt like there were good deals to be had on local properties right now, which might disappear.”...
...Brookfield has hired Sir Ron Kalifa, the former head of payments group Worldpay, to lead its push into financial infrastructure assets as the Canadian investment group expands further beyond the property...
...“Previously, older borrowers may have used [mortgages] for home improvement, travel or to help a younger family member get on the property ladder,” said David Hollingworth, associate director at L&C, a mortgage...
...The Banks Group, which was founded in 1976, also develops property in the north of England and Scotland and it mined coal for more than 40 years until 2020....
...Refinancing struggles The financial pain will not fall evenly across the wider property market....
...While the S&P 500 has advanced steadily since October 27 (+22.1%), stock leadership has flipped 180° since the start of the year on shifting Fed policy forecasts....
...Yet since the great financial crisis, fears of ecommerce disruption to the grocery business have kept construction in the retail sector subdued....
...Economic data: S&P Global releases final November manufacturing purchasing managers’ indices for the US, EU, France, Germany, Italy and UK. Results: National Bank of Canada report....
...Since January 2020, the price of a single-family home in the US has increased by 46 per cent, according to the S&P CoreLogic Case-Shiller index. With gains of 5.5 per cent in the year to December....
...And Webster Financial is highly concentrated in CRE, at 265 per cent of capital....
...L&G’s balance sheet investment unit was flat after a tougher second half for the property market, and its asset manager, Legal & General Investment Management, posted an expected fall in profit as higher...
...But what’s most entertaining is that the government goes ahead and shows the professor’s ongoing work calculating Alameda’s historical balances with FTX — basically the firm’s net P&L — from last year:...
...The YY building, built in 1991, was designed by Kohn Pedersen Fox for the Canary Wharf Group and became an architectural landmark of the financial district....
...SBB recently struck a deal with Canada’s Brookfield to become a majority investor in its educational property division, which it has said should release SKr8bn ($734mn) of liquidity “to address near-term...
International Edition