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Foreigners lift London property out of doldrums
...says Keith Sutton, director of European real estate at Fidelity International.Data from DTZ, a real estate adviser, suggest that 81 per cent of...home to the world's largest and most liquid real estate market - and to a currency that has...
Pragmatism spurs a shift towards luxury lifestyle
...Instead, he wants the new PPR to become a "lifestyle" company focused on clothing and accessory...transformation into a pure play luxury/lifestyle company could well create significant...competitive advantage in operating such lifestyle brands and why would they be successful...
Heineken lifts debt holding in Globe pubs
...90m buying up a large swathe of the struggling pub chain's debt at a substantial discount.The move sees Heineken lift its holding of Globe's £200m of senior debt from 30 to 85.7 per cent at a price of about 50p on the pound. It also sees Heineken...
Lending must support the real economy
...consequences. Lending to the real sector is self-amortising: it creates...gains diverts funds from real-sector investment, and...debt-service cuts demand for real-sector output. In both...financial asset markets is self-defeating. This logic...
Lending must support the real economy
...consequences. Lending to the real sector is self-amortizing: it creates...gains diverts funds from real-sector investment, and...debt-service cuts demand for real-sector output. In both...financial asset markets is self-defeating.This logic may...
Hypo Real Estate damps profit hopes
FRANKFURT, Aug 7 (Reuters) - Stricken real estate bank Hypo Real Estate hiked provisions for problem loans as it plunged...highest profile credit crunch casualty on Friday said souring real estate loans contributed to a pre-tax loss of €664m...
Hypo Real Estate warns on heavy losses
Hypo Real Estate, Germany's highest profile casualty...quarter, caused by further risk provisions on real estate loans. The stricken lender, which...has lost €5.5bn amid the crisis in the real estate lending sectorThis statement fuelled...
New funds: Nov 23
...South East Asia fund investing in small to mid-cap businesses. The ASE AF 11 will make investments of $2m-$10m in the region.●Real I.S is adding BGV 1V to its fund range, aimed at institutional investors. It focuses on offices and retail premises in European...
Barroso emerges as real winner
The real winner of the contest to determine the European Union's first full-time president and foreign affairs chief may have been none...
Ifo poll fails to lift Europe's bourses
...dose of positive economic data failed to lift German equities after a monthly poll showed...stake in the troubled Munich bank Hypo Real Estate. Deutsche Bank rose 0.4 per cent to €18.16, while Hypo Real Estate was unchanged at €1.59. Commerzbank...
