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...It still has about another 50 leases that have not been settled....
...The firm says it owns, finances or leases more than 200 aircraft, and counts Delta, Avianca and Qatar Airways as lessees....
...The company plans to move in 2026 when the lease on its office in One Canada Square expires....
...The business, however, does have a deal with GM’s financial arm that would allow it to borrow up to $4.3bn to buy self-driving cars from GM or for other expenses....
...The Big Four accounting and consulting firm took on about 70,000 sq ft of space near its New Street Square headquarters in February, people familiar with the details told the Financial Times, increasing...
...Blue Owl in 2021 acquired Oak Street, a real estate specialist that buys property owned by large companies and leases the real estate back to them, financing the deal with a mixture of cash and stock....
...The Docklands financial district was the brainchild of Michael von Clemm, chair of Credit Suisse First Boston....
...Chief financial officer Becky Worthington told the Financial Times the company was negotiating with lenders and reviewing its options for a further £900mn of debt it aims to extend or refinance before the...
...Analysts at research firm CreditSights have predicted the group’s annual burden of debt and lease payments could rise to £530mn, saying its financial reporting “obscures the growing burden” of leases.In...
...WeWork has cut its long-term lease obligations by more than $8bn by cancelling about 150 leases and renegotiating a similar number, leaving only about 150 untouched....
...core tenant base of large financial businesses....
...The United Auto Workers have been on strike for more than five weeks against GM, Ford and Stellantis....
...Bhavesh Mistry, British Land’s chief financial officer, said the company estimated that 1mn sq ft of new or refurbished space would be delivered each year from 2024-2027, compared with 2mn sq ft of typical...
...The company on Thursday said that net debt, which totalled nearly $1.1bn at the end of last year including leases, would end 2024 at a similar level....
...Roscos paid £409.7mn in dividends to shareholders in the financial year ending in March 2023, according to the rail industry regulator, at a time when the rest of the rail industry has struggled financially...
...Commercial landlords have been preparing to deal with abandoned or renegotiated WeWork leases for months....
...General Motors chief financial officer Paul Jacobson said the IRA had “tremendous benefit” to the EV market, helping stimulate sales....
...Traditionally, office landlords have let out empty floors on leases of 10 years or more, with tenants typically paying for interior fittings....
...“The financial result has . . . been negatively affected by the sharp devaluation in the naira against the US dollar impacting MTN Nigeria’s financials, despite the operating company’s solid underlying operational...
...The company has been overwhelmed by lease obligations....
...US law firm Paul Weiss has signed the largest commercial office lease in the country this year, according to its new landlord, taking more than 18 floors of a Midtown Manhattan skyscraper in a move that...
...In a letter seen by the Financial Times, Peter Ballard, director of Compton Group, told the housing department in January that Gove’s reforms sought to “expropriate without compensation wealth which it has...
...Stephen Scherr will leave Hertz after a two-year stint as CEO and will be replaced by Gil West, the former chief operating officer of Cruise, GM’s autonomous vehicle unit....
The move will make Sampo the largest pure property and casualty insurer in the region
...With commercial real estate in the doldrums, there is one sector that just about everyone seems to think could give London property a new lease of life....
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