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...Diageo, owner of the Johnnie Walker brands, this month warned of weaker profits in the six months to December because of slower sales in Latin America and the Caribbean, while the Scotch Whisky Association...
...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....
...In reality, further writedowns for property owners seem inevitable. But it is further up the value chain, with developers, that the real pain is being felt....
...The number of owner-occupiers with a mortgage has fallen by 2mn since 2002 and sits at levels last seen in the 1980s, according to Building Society Association research....
...” properties....
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...One of New York’s biggest property developers is launching a $1bn fund to invest in the city’s distressed office buildings, potentially heralding a new phase in the commercial real estate crisis....
...Rocket Company, owner of Quicken Loans, the country’s largest non-bank mortgage lender, is up 66 per cent since November....
...Stacom’s longtime partner, William Shanahan, will remain at CBRE, and focus on helping to connect property owners in difficult situations with fresh capital....
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...Chiambaretta, however, was not commissioned by the city but by the Comité Champs-Élysées (a non-profit association made up of 180 shopkeepers, property companies, museums, theatres and cinemas on Les Champs...
...In January, the average property price in the city in January was €4,190 per sq m, according to the online property website Idealista.com, up 8.2 per cent year on year, although the level of transactions...
...The city has spent some €2.5bn in 10 years to renovate public buildings and schools, and plans to update all low-income housing by 2050....
...The first two voluntary phases of the project have been so successful that Melta are now working with the municipality to shift over to compulsory participation for all 1,400 households in the area....
...Walker responded by putting two of his properties on the market — where they are likely to be bought by owner-occupiers, not a new landlord....
...in a property beyond the end of the academic year....
...Rising mortgage rates have been the dominant feature of the UK property market and a big contributor to the housing crisis....
...A new owner may arrive with bulging bank accounts and the best intentions, but a downturn in their core industry — say, the Chinese property market — could quickly erode their ability to keep a club afloat...
..., and renting or buying apartments to the benefit of the town’s longtime property owners....
...“The use of the property is more important than the nationality of the owner. A foreign landlord who rents their unit provides housing for someone local. A domestic vacation homeowner does not.”...
...The worst hit companies were smaller, specialist subcontractors. They accounted for 2,499 insolvencies, or about 60 per cent of the total, in the period....
...Residential property: Class action lawyers get a bad rap, but last week they forced the National Association of Realtors to scrap a system that allegedly inflated the $100bn that Americans shell out on real...
...The legislation, he adds, does not apply to purpose-built student accommodation, where institutional owners retain control over tenancies....
...on the back of soaring stock and property prices....
...Residents in the two housing estates abutting the Goods Yard site have voted both for and against redevelopment, in a ballot held by the site’s owner, One Housing, a housing association....
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