Hints and tips:
...Blackstone has invested heavily in what is known as “last-mile” warehouse space, which is much more in demand because of online shopping....
...It’s being manufactured and sold by Matthew Moulding’s THG, whose global headquarters is ten miles north-east of SpectrumX’s base in the Cheshire town of Knutsford....
...Prologis, the world’s biggest warehouse owner, has launched a bid to buy Blackstone’s portfolio of logistics properties in what would be the largest ever private real estate deal, in a sector where the Covid...
...Blackstone, which announced the transaction on Tuesday, has been building a portfolio of warehouses across Europe since 2016 and now owns more than 1,700 properties, mostly last-mile delivery sites close...
...Owners will charge producers for add-ons such as lights, catering and “grip” technicians, services that can make up as much as half a property’s rental income, according to industry executives....
...But I surfaced a mile from where the dive boat expected to pick me up and I’m not sure I’d do it again....
...Despite its headquarters being 7,000 miles away in Los Angeles, Oaktree had for months been discreetly pulling the strings on a sprawling tourist resort near Shanghai designed to look like the Italian city...
...On the day we left the city for a new life in the suburbs, the Oyster Perpetual, a stainless steel miracle of horology, watched us drive past from a freeway billboard....
...The tree would appear in the 1947 classic Miracle on 34th Street, be trimmed and fussed over in Christmas in Connecticut (1945)....
...US investment groups Blackstone and Hudson Pacific Properties are to build one of Europe’s biggest television and film production hubs on a site 20 miles north of central London in a deal expected to be...
...St Modwen Properties has agreed a sweetened takeover offer from Blackstone that values the logistics and housing specialist at £1.3bn....
...Ah, but thanks to the miracle of IFRS accounting, which Brookfield prefers over the more prescriptive US GAAP, BAM will be able to mark up the value of the bought-in BPY units on its own balance sheet to...
...Whenever one of its properties finds it has a newly assessed masterpiece on its hands, visitor numbers pick up sharply, says Marion Richards, art detective manager at Art UK (a charity and the online home...
...Miles Kruppa will host the discussion on the constantly-evolving path to the public market. Don’t miss the panel on today at 1pm New York / 6pm London time. Register here for free....
...The portfolio consists of “last mile” properties — warehouses that are close to city centres and so help cut delivery times....
...The City of London Corporation agreed a deferral plan with its tenants in the Square Mile on Wednesday....
...A $410m loan on WeWork’s Wilshere Courtyard office in Los Angeles — around the corner from the Miracle Mile museum district — is the largest in any CMBS, according to Trepp’s data, underpinning a deal sold...
...Diligence is written by Arash Massoudi, Kaye Wiggins and Robert Smith in London, Javier Espinoza in Brussels, James Fontanella-Khan, Ortenca Aliaj, Sujeet Indap, Eric Platt and Mark Vandevelde in New York, Miles...
...One thing to start: SoftBank has pulled out of a planned $3bn purchase of WeWork stock, a move that is expected to spark litigation from the lossmaking property group’s co-founder and one of Silicon Valley...
...Mileway now has the largest portfolio in Europe of so-called “last mile” properties, which are used by the likes of Amazon and also house dark kitchens that food delivery services such as Deliveroo rely...
...The Brexit effect: private equity firms shun UK for Europe The trillion-dollar taboo: why it’s time to stop ignoring mental health at work WeWork: the ‘hypothetical’ company at the heart of the property...
...The private equity firm has amassed an €8bn portfolio of so-called last mile assets — properties located near urban centres that are in high demand because they cut delivery time — in Europe, the largest...
...There a representative of one of their most secretive clients sat down with a man claiming to be able to perform miracles with money....
...In the Seagram Building a few miles to the north, the Four Seasons is still serving up a decent asparagus agnolotti....
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