Hints and tips:
...“We don’t ever expect to have to run for more than a few hours, or at worst case a day, on diesel but we’re prepared to run for up to a week.”...
...News round-up McKinsey’s Bob Sternfels: ‘We’re OK if you don’t agree with us’ (FT) Prologis to buy Duke Realty in $26bn deal (WSJ) Gorman reassures on US economy as markets shudder (FT) BP sells stake...
...Mr McGuire announced his plans on CNBC on Thursday morning, saying: “We’re in a war for the survival of this great city. Without a doubt, we can do this.”...
...If you lower it to zero, they’re probably still not going to make money.”...
...“Right now we’re in this uncharted territory bringing the stores back. The US will set the tone for the rest of the world. If it’s successful, I imagine other stores would be interested.”...
...“They’re rock stars. They’re simply the best at what they do,” said Craig Deitelzweig, chief executive of New York-based Marx Realty....
...“We’ve not finished fighting and we’re not going away,” vowed Ann Marie Reinhart, who worked as an assistant store manager in North Carolina....
...And we’re not the only ones. Blackstone and others have taken these kind of companies private.”...
...“If you look at the family’s relationship you might think from that we’re a united family . . . They are still my kids and they are still my cousins.”...
...That generation is now who you’re vying for.”...
...“We’re in a 50-year transformation of the infrastructure world. We’re 10 years in; we have 40 left to go....
...Toys R Us entered bankruptcy last September, buckling under $5bn of debt, a decade after it was taken private in a leveraged buyout by KKR, Bain Capital and Vornado Realty Trust....
...We’re just at the letter ’E’ in the industry, but you get the point. As you’d imagine, the deals are getting bigger as well....
...“We’re not going to short UK plc, but we’ll probably invest less as a proportion of the business compared to a few years ago,” said Mr Brundage, adding that the Singaporean hub would provide a way to “figure...
...“There’s been a massive shift because of how millennials want to shop and spend their money,” says Chris Conlon, chief executive of Acadia Realty, a real estate investment trust....
...Six investment-grade companies sold new debt on Wednesday, including Goldman Sachs, Santander, Ventas Realty and Kimco Realty — the latter are two real estate investment trusts that own senior housing facilities...
...We know that these changes we’re seeing are secular and not cyclical.” How earnings look so far The weakness in sales is affecting the bottom line....
...“You’re only about two hours’ drive from Manhattan, but even if you’re a famous celebrity you’re able to live a fairly quiet existence,” he says....
...“The transaction with Mr Soon-Shiong was done for only one purpose, to entrench the board,” Capital Structures Realty Advisors said in its complaint....
...The influx of tech executives is already making its presence felt in the market, says Robert Kesting, a broker with RE/MAX River Run Realty of Sun Valley....
...Partly, the rise in prices is caused by a shrinking inventory, says Rylan Jacka of Sotheby’s International Realty....
...Last July, Digital Realty Trust, a US investment vehicle, paid £716m for three facilities in London....
...Shares in Hewlett-Packard rose 2 per cent to $20.37 after International Shareholder Services, an influential proxy advisory firm, advised shareholders to vote against the re-election of Ray Lane as chairman...
...The re-emergence of CDO-like structures in commercial real estate is perhaps inevitable, since traditional CMBS now yield just 1.3 percentage points more than Treasuries, according to Barclays....
...The filing showed that all board members would seek re-election, including Steven Roth of Vornado Realty Trust, which last month cut its JC Penney stake in half to about 6 per cent, further undermining waning...
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