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...It also warned that — based on relative operating profit contributions, corrected for respective capital structures — WWE shareholders deserved just 43 per cent of the new company housing it and UFC, rather...
...Questions remain over how much difference Google’s new homes will make to the Bay Area housing crisis. There is less doubt about its scope to build up Lendlease’s profitability....
...“This new joint agreement between Google and Lendlease will help address the need for new housing in the San Francisco Bay Area,” said Denis Hickey, chief executive of Lendlease Americas....
...In all, it predicted the donations would lead to 20,000 new homes over the next 10 years, a significant number given that only 3,000 were built in the South Bay — the region encompassing Silicon Valley —...
...“We all agree that if the [San Francisco] Bay Area is going to continue to be the centre of tech excellence and creativity we’re going to have to solve our problems of housing and transportation,” said John...
...“But the appetite for more housing has been strong for several years now.”...
...Daniel Ek and Martin Lorentzon, co-founders of the world’s biggest music streaming company, warned they could move thousands of jobs from Sweden to the US if problems with housing, education and stock options...
...“Highly skilled workers are moving here to take jobs and that is directly affecting the housing market and the city as a whole.”...
...Metro Group, Germany’s largest retailer, has agreed to sell its Galeria Kaufhof department stores business to Canada’s Hudson’s Bay Company for EUR2.83bn, including the assumption of certain liabilities....
...Cartwright’s recent study of the Botany Bay shield collected by Captain Cook identified the wood as red mangrove, a piece of evidence that suggested previously unknown trade routes....
...Colony was set to become the latest Reit in the budding rental housing sector to debut on the US market....
...The expected IPO activity comes as smaller entities have already successfully listed, such as Silver Bay Realty Trust, which was spun out of Two Harbors Investment Corp, and Altisource Residential....
...Minnesota-based Silver Bay Realty Trust, which also seeks to purchase, renovate and rent out homes, has seen its shares rise more than 14 per cent since it raised $245m in a December offering....
...The opportunity to invest in home rental properties was extended to retail investors late last year through the initial public offering of Silver Bay Realty Trust, which had an initial portfolio of 3,100...
...Shares in Silver Bay Realty Trust have risen 10.5 per cent since it launched its IPO late last year....
...Crest, heavily focused on the south-east where the housing market has been more resilient, echoed that optimism....
...“There was a lot of weak housing stock available in the 1980s; this time we don’t have nearly as much inventory.”...
...Past the mid-market resorts that have dominated the area since the 1980s, there are now several high-end housing options, drawing a diverse group of buyers from Kenyan politicians to international names,...
...Last year prices increased 12 per cent, to $740,000, according to Suffolk Research Service in Hampton Bays, New York....
...The top price tag was taken by the Citadel Center at 131 South Dearborn Street, housing the Citadel hedge fund, which was bought by Richard Gans, a New York investor, for $560m from Prime Group Realty Trust...
...In spite of indications that the housing markets and consumer spending could be slowing, the company said timeshares tended to weather economic disturbances well....
...“We are developing less than 1 per cent of the reserve from the housing point of view so there will be ample space for the free movement of game,” says Rutherford....
...Critics of the housing subsidies also argue that they have encouraged overinvestment in housing....
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