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FT Magazine
Why everybody who’s anybody in Manhattan real estate relies on Jon Mechanic
...Unbeknown to other participants, he had arranged for one of his construction executives, Jack Scaldini, to join the proceedings....
October 20, 2023
UK housebuilding
Two-thirds of £4.2bn UK housebuilding fund unspent despite homes crisis
...The FOI request, made by local government researcher Jack Shaw, found the bulk of that sum had been spent in 2021 and 2022....
January 3, 2024
FT Live
Future of Asset Management Europe
New fund firm models for Europe's resurgence
Tuesday, 12 NovemberLondon, UK
News updates from April 10: US inflation rises faster than expected; KPMG fined $25mn in cheating scandal
Strong US inflation data keeps 90% of S&P 500 stocks in the red
...The real estate sector, full of companies that are particularly sensitive to interest rates, fell 4.4 per cent, more than double any other sector....
April 10, 2024
Six films to watch this week
Back to Black — no no no to this syrupy Amy Winehouse biopic
...What we get instead is a pair of doomed love stories. One involves Winehouse’s husband Blake Fielder-Civil, a habitual heroin user played by Jack O’Connell, fresh from the gym....
April 11, 2024
ExplainerDonald Trump
How Trump’s trial calendar is shaping up ahead of 2024 election
...Department of Justice special counsel Jack Smith alleged Trump tried to keep the material from authorities, including storing boxes in a shower on his Mar-a-Lago estate....
March 15, 2024
InterviewTheatre
Benedict Andrews on shaking up Chekhov: ‘You want to feel you’re watching life in all its spontaneity’
...The fate of the estate’s stunning orchard determines the future for all the characters: when it’s sold, “every single person in the play is undergoing a radical shift of class”....
April 20, 2024
FT Live
Future of Asset Management North America
New models for the next age of fund management
Wednesday, 25 SeptemberNew York, NY, USA
ReviewFiction
Wellness by Nathan Hill — a bewitching journey into America’s heartland
...They are “the Litchfield Augustines”, as everyone who is anyone knows: wealthy Connecticut magnates who, over the course of 150 years or so of exploitation, have built a fortune from railroads, real estate...
January 17, 2024
Donald Trump
New York attorney-general seeks $370mn from Trump and his businesses
...The New York attorney-general has urged a judge to force Donald Trump and his businesses to pay $370mn for inflating the value of his real estate empire by billions of dollars over the course of a decade...
January 5, 2024
InterviewProperty sector
From strip club to luxury towers: the developer looking to transform Miami
...It was also owned by a canny strip club mogul, Jack Galardi, who had started in Las Vegas in the 1970s and owned dozens of clubs around the country....
January 30, 2024
Person in the News
Hui Ka Yan: the Evergrande tycoon faces his downfall
...In 2015, he bought a 60-metre mega yacht and celebrated the victory of his football team, Guangzhou Evergrande, in Asia’s Champions League, with co-owner internet billionaire Jack Ma and Britain’s Prince...
February 3, 2024
FirstFT
FirstFT: Los Angeles-based woman arrested in Russia
...The value of farmland held by investment groups has more than doubled over the past three years, according to the National Council of Real Estate Investment Fiduciaries....
February 20, 2024
The indictment of Donald Trump
Trump prosecutor takes his biggest swing yet with 2020 election case
...With his second criminal case against Donald Trump, Jack Smith has taken his biggest swing yet....
August 2, 2023
Donald Trump
US Supreme Court will hear Trump presidential immunity appeal
...Most recently he was hit with a penalty of more than $450mn, including interest, in a civil lawsuit in New York over “blatant” fraud committed by his real estate empire....
February 29, 2024
Martin Wolf
The future of ‘communist capitalism’ in China
...Problems also include criticism by the new plutocrats, notably Jack Ma of Alibaba, of protected areas of policy and politics....
March 12, 2024
Evergrande Real Estate Group
Restructure or liquidate? Deadline looms for China’s Evergrande
...But in September, Evergrande cast doubt on the plan, saying it could not issue new notes because its mainland business, Hengda Real Estate, was “being investigated”....
December 1, 2023
FT Live
Business Book of the Year Award 2024
The search for the best business book is under way
Monday, 9 December1 Grosvenor Pl, London SW1X 7HJ, UK
Emerging markets
US investors in emerging markets switch to ETFs that exclude China
...As China’s post-pandemic recovery faltered thanks to a prolonged real estate meltdown and a lack of private sector confidence, its stock market went on a rollercoaster ride....
February 15, 2024
Hedge funds
US hedge funds far outperformed local rivals in China in 2023
...Index fund manager Vanguard closed its China office last November after its partnership with Jack Ma’s Ant Group fell apart....
January 20, 2024
Due Diligence
Carl Icahn’s secret weapon in the US heartland Premium content
...Amherst Group, a real estate investment company, has hired Evan Levy as a vice-chair and member of the executive committee. He was previously co-head of real estate at Weil....
February 29, 2024
Joe Biden
Biden interviewed in classified documents probe by US special counsel
...is sensitive to US national security in an investigation conducted by special counsel Jack Smith....
October 10, 2023
ReviewTheatre
Waiting for Godot, New York review — role-reversal gives fresh edge to Modernist masterpiece
...by the playwright’s estate....
November 15, 2023
US politics & policy
Biden defends his mental acuity after damaging DoJ report
...Trump was indicted on charges brought by a separate special counsel, Jack Smith, for illegally storing classified documents in his Mar-a-Lago estate in Florida....
February 9, 2024
News in-depthArgentine economy
Homes empty and tenants homeless as Argentina’s peso crisis hits rentals
...While renters’ unions say the legislation protects tenants, estate agents say it leaves landlords reluctant to enter into contracts on the normal rental market in the face of unpredictable inflation....
December 20, 2023
News in-depthUK economy
Is the UK still on course for a soft landing?
...On Thursday, the Royal Institution of Chartered Surveyors said estate agents expected house sales to expand in 2024 and were more optimistic about prices and demand....
January 19, 2024
News in-depthIcahn Enterprises LP
The heartland oil refiner fuelling Carl Icahn’s empire
...Icahn instead ousted its board but forged a connection with chief executive Jack Lipinski, father of Olympic gold medallist figure skater Tara Lipinski, and held on to the stock....
February 28, 2024
#techAsia
Japan’s chip supplier surprise and Vietnam’s educational returns Premium content
...Friends who own factories were even more frustrated, because their businesses are closely linked to China’s real estate sector, which is experiencing a deepening crisis....
February 22, 2024

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