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...Canary Wharf has also been challenged by the departure of key tenants, as it works to diversify the estate. The group is burdened with £3.7bn of net debt....
...Sir Lynton Crosby’s CT Group has been accused of unlawfully gathering privileged information in a legal battle in London’s High Court over a multibillion-dollar estate linked to a deceased Russian billionaire...
...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...
...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...
...The most famous chess match of all time Bobby Fischer v Boris Spassky in 1972, still casts its echoes....
...guided Fischer’s exploration of his oeuvre....
...Mishra’s was a classic positional game, with a touch of Fischer, demonstrating the strength of an active against a passive rook. Niemann’s victory against Sam Sevian was contrastingly wild....
...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....
...Yet buying real estate is not the smartest use of luxury cash flows. On the face of it, Kering’s deal does not look too bad....
...Lufthansa: Shares in the German airline fell by just under 4 per cent after the company late on Thursday announced a shake-up of its executive board, with four of the six current members leaving....
...But they still need agents — particularly those who sell real estate as a side hustle — to stay put, rather than go the way of travel agents. pan.yuk@ft.com...
...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 difference between the percentage of estate agents reporting a rise in buyer interest versus those recording a drop climbed to 8 points, double the reading of the previous month and the highest reading...
...Signs of stress in the commercial real estate sector are now coming thick and fast....
...Under Fischer’s direction, there was a kind of modesty to their Mahler....
...The scandal triggered the resignation of then director Hartwig Fischer....
...“Both estate agents and new-homes developers needed to work harder to close sales,” said chief executive Johan Svanstrom....
...Service, which feeds into real estate platforms such as Zillow....
...With liabilities of about $200bn against $340bn for Evergrande, Country Garden is an important part of the country’s real estate sector, which typically accounts for more than a quarter of overall economic...
...Also at his peak, he was not quite the level of Fischer in terms of the gap, but it was similar to, or I think even a little bit better than mine....
...Guy Gittins, chief executive of the London-focused estate agency, said he expected rents on new tenancies to rise between zero and 2 per cent on average across the UK capital in 2024, a marked decrease from...
...Elite grandmasters like Freestyle/960/Fischer Random because it frees them from the many hours of drudgery spent in opening preparation in mainstream chess....
...Global real estate, squeezed by rising interest rates, is in the midst of the worst slump since the financial crisis. Office occupancy and valuations have plummeted, especially in the US....
...Many of the more newsworthy collapses, however, have been brought about by new investors leveraging the real estate of department stores....
...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....
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