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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....
...The deal-hungry Saadé has turned prudent, although unlike rivals such as Maersk, no job cuts are planned....
...At the time of the deal, the firm said “there is a real opportunity here to act as a responsible ESG focused investor”....
...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....
...the advantages of the Côte d’Azur location, such as lucrative rental opportunities in the summer months....
...Zillow, the online real estate portal, sank 13.5 per cent. The settlement leaves Berkshire Hathaway’s HomeServices as the only large broker that has not yet come to a deal in the litigation....
...“I’d like to say I’d come up with the answer to the great question of economics for internal and external balance but, nah, it didn’t happen,” he says....
...“Corporate clients are creatures of habit who rent the same apartments year after year,” says Adrien Willing-Lamy at Beauchamp Cannes estate agency....
...Should the deal be approved by a federal court, the influential trade group would pay $418mn in damages to home sellers and slash the commission fees that supply the bulk of 1.6mn US realtors’ income....
...The placing comes as commercial property investors start to hunt for deals following a steep fall in real estate valuations brought on by rising interest rates....
...Another defining moment took place when Seán McGirr presented his first collection as new creative director of Alexander McQueen....
...Who Italy Sotheby’s International Realty House, Val d’Orcia, €3.8mn Where In the rural region of Val d’Orcia, a Unesco World Heritage site....
...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....
...Like most growers, Sean Ryan, chair of the potato committee of the Irish Farmers’ Association, has planted “not one, yet” of his 40 acres in south-east County Wexford....
...The deal still needs to be approved by a federal court. But it has the potential to drive down commission rates and force hundreds of thousands of agents out of the industry....
...Deals for energy drink brand Boost and the remaining stake in oat drink company MOMA Foods at the end of 2022 added some pep to its results statement....
...For example, the deals around KaDeWe property have resulted in high rents being charged to the now separate retail arm of the business. This is not a failure of the department store model....
...James Seppala, head of European real estate at Blackstone, said the deal “demonstrates exceptional investor demand for high-quality real estate in the strongest markets”....
...The number of schemes trying to get ready for such deals — last year a record £50bn of bulk annuity deals were agreed — has led to steep discounts on some assets, said investment advisers....
...Everything in her home is thought out, from the design of her couch (by Australian brand Jardan) to the sail-shaped light shade hanging over it (by French designer Paris Au Mois D’Août)....
...The posted bond has prevented New York state from seizing his assets — particularly his prized real estate — while he appeals a $464mn fraud judgment....
...The Opec+ oil cartel has agreed a deal to cut an extra 1mn barrels a day of oil production while Saudi Arabia will extend a voluntary cut of a similar amount, two people familiar with the decision said on...
...“In England, I’d become too well-known as a Tatler photographer,” Jones says of his move to the US. “It was wonderful to be invisible again.”...
...“We would acknowledge that this is not going to be some sort of a V-shaped recovery. There are going to be plenty of troubled deals in the market,” added Gray....
...deal to buy the platform....
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