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...The $60bn Blackstone Real Estate Income Trust generated $2.7bn in cash flows in 2023, mostly in rents from a portfolio spanning thousands of warehouses, apartment buildings and data centres across the US...
...The 1980s and ’90s was a very active period. People were producing a huge diversity of work....
...Seen in this light, the push to secure prime real estate is essentially a round of beggar thy neighbour for luxury companies....
...Last month, the FT reported that a consortium of co-operatives in Kenya claimed it was ignored after expressing an interest in buying the estates, arguing that a sale to the local community would restore...
...The brokerage, a unit of Warren Buffett’s Berkshire Hathaway, was the last remaining defendant in cases that the National Association of Realtors trade group agreed to settle for $418mn in March....
...But it is the UK that offers hope of a softer landing — testament to hard-learned lessons of the past....
...Meanwhile, Ant’s parents have built themselves a modern house on the farm. 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....
...Rising losses and a wave of distressed asset sales look inevitable in Europe too....
...China’s economy has struggled to regain momentum against a backdrop of deflation, low consumer confidence and a cash crunch across the country’s major property developers....
...The National Association of Realtors has reached a settlement in a series of lawsuits brought by home sellers claiming that the trade group conspired to inflate agents’ commissions, it said Friday, in an...
...But Azar appears to enjoy how much his arrival has set the tight-knit world of London’s top estate agents abuzz. “I am a very calculated guy. I’m a banker . . ....
...The volume of real estate deals in Europe fell to a 13-year low in the first quarter, according to MSCI, the seventh successive quarter of declines....
...Though still well below their peak, share prices for listed real estate sectors in New York and Europe have rallied 20 per cent since the start of November, coinciding with a 70 basis point decline in respective...
...European commercial real estate deal making fell to a 13-year low at the start of 2024, as fading hopes of imminent interest rate cuts prolonged the slump in property markets....
...Rightmove posted a rise in revenue and profit despite a major slowdown in the property market last year as estate agents were forced to spend more to try to sell homes....
...The National Association of Realtors reached a settlement in lawsuits brought by home sellers claiming the trade group conspired to inflate agents’ commissions, potentially upending how homes are sold in...
...The amount to be paid by firms that also include Anywhere Real Estate, Re/Max, Keller Williams and Compass to a class of 50mn home sellers now totals $943.3mn under the settlements....
...This week, it was the turn of the snappily named European real estate lender Deutsche Pfandbriefbank to provide a reminder of that dynamic....
...Handel’s Voluntary or a Flight of Angels chirrups brightly on a copy of a single-manual organ from 1749....
...The real estate agents’ lock on online listings drove up costs and combined with a shortage of affordable homes to shut all but the most affluent buyers out of the housing market....
...Why might some CEOs, like UPS’s Carole Tome, order staff back to the office despite the potential benefits of remote work?...
...The changes could cut the $100bn Americans pay annually in real estate fees by as much as 30 per cent, according to a study by the Consumer Federation of America, a watchdog....
...The posted bond has prevented New York state from seizing his assets — particularly his prized real estate — while he appeals a $464mn fraud judgment....
...In Zurich, Jelmoli’s current owners, Swiss Prime Site, are redeveloping their real estate asset, not innovating a retail format....
...The brand is in the middle of a turnaround under new leadership and creative direction....
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