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...The group, which owns swaths of London’s Mayfair and Belgravia, wants to broaden its investment into different types of residential property across the country, including homes for sale as well as rental...
...Yianis said that property tribunals had found that the two other companies were “accountable persons” under the act for the four residential buildings within the Canary Riverside development....
...By the end of September, his personal debt to the tech group topped $5bn....
...Swedish property group Samhällsbyggnadsbolaget (SBB) has too much debt and too little time....
...The fallout from the implosion of René Benko’s luxury property group, Signa, has highlighted mounting distress in the commercial real estate sector....
...Katy Eatenton, mortgage and protection specialist at financial services group Lifetime Wealth Management, said the data highlighted “the immense pressure tenants are under....
...Meanwhile, Rob sharpens his axes, jealous and brooding, “his riverstone eyes red-rimmed”. Trouble is brewing, and with the carnival, it comes....
...They asked the Treasury to create a carve out that would maintain the tax breaks for “large-scale residential property acquisitions”....
...Diverse teams can better understand the experiences and lived realities of groups who have often been overlooked....
...Meanwhile, residential property prices are getting cheaper. Indices point to a 5-7 per cent decline in house prices since the 2022 peak. Residential yields are now between 4 and 5 per cent....
Group is less likely than some to breach debt covenants but does not have much wriggle room
...Paul Hackett, chief executive of Southern Housing, one of the largest housing associations, said the group had stopped all new development for 2024 and 2025....
...Property groups used the free money era for debt-funded growth that has quickly become unsustainable at higher rates....
Estate agent reports easing of supply and demand imbalance that had sent rents soaring
...The findings echo a report from an influential cross-party group of MPs last month on the government’s levelling up funds, which are separately intended to regenerate struggling local areas....
...The National Association of Realtors has reached a settlement in a series of lawsuits brought by home sellers claiming that the trade group conspired to inflate agents’ commissions, it said Friday, in an...
...Canary Wharf Group has been pushing to diversify the estate from its traditional focus on financial services offices by adding residential buildings, shopping and restaurants....
...Lucian Cook, head of UK residential research at estate agent Savills, conceded the short-term rental market had taken much needed housing stock out of the private rental sector....
...The offer, which will hand 32.8 per cent of the combined group to Redrow shareholders, is priced generously....
...Big share price moves in Europe today include German residential real estate company Vonovia, Italian luxury fashion group Brunello Cucinelli and UK telecoms company Vodafone....
...The company also faces a threat from the roughly £100mn acquisition of smaller rival property search platform OnTheMarket by the well-funded US property data group CoStar....
...He added that the group wanted to “minimise” any job losses. Redrow’s chief executive Matthew Pratt will continue to lead the brand and join the board....
...The regulator said commercially sensitive data about the rate of sales, prices and incentives might have been shared between the groups....
...Beijing has over that period prioritised the completion of residential projects started by Evergrande and other developers....
...It develops both residential and commercial property and has worked on big international developments, including a mixed-use residential project in Shoreditch, London, that preserved the remnants of a 1577...
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