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...Last year, Lloyds Banking Group and HSBC UK both announced stricter homeworking policies, while Citigroup and Deloitte’s rival EY have started monitoring UK employees’ office attendance to ensure compliance...
...Talks between the FRC and the Government Property Agency, the body responsible for managing government properties, are continuing and a final mutually agreed decision on its new headquarters will be made...
...Property group Knight Frank estimates that 58,000 units will be needed a year until 2027, while a report by property website Daft.ie found there were just 9,700 second-hand homes for sale nationwide on March...
...He added: “If you’re growing at the pace that we are, then the P&L does manifest itself in cash requirements.” Sales at Interpath’s advisory business climbed to £26.9mn, up from £2.8mn a year earlier....
...European coffee group JDE Peet’s is replacing its two top executives as controlling shareholder JAB Holding seeks to shake-up the owner of L’Or, Kenco and Douwe Egberts following a long period of underperformance...
...They said Simon Hume-Kendall acquired lifetime membership of the club Annabel’s at a cost of £250,000, made donations to the Conservative party and acquired property....
...Evergrande, the world’s most indebted property developer, defaulted in late 2021 with more than $300bn in liabilities highlighting China’s property sector crisis and liquidity crunch....
...Operating profit was up by nearly a fifth to £146mn, but the firm said this was driven by “one-off property related income”....
...Simon Edelsten is a former fund manager...
...Express said it planned to use the bankruptcy process to sell a “substantial majority” of its retail stores and operations to brand management firm WHP Global, Simon Property Group and Brookfield Properties...
...But that is much lower than the double digit return on capital that Kering made in 2023, according to S&P Capital IQ....
...However, property agents and tourism groups criticised the proposals when they were first floated by ministers last April, arguing they would do nothing to bolster the supply of housing while risking damage...
...The luxury shoemaker’s controlling shareholder, Italian entrepreneur Diego Della Valle, has teamed up with LVMH-backed private equity group L Catterton to take Tod’s private....
...This might make anyone holding an S&P 500 index fund nervous....
...We talked a little bit about these sorts of stocks last week, and we mentioned our first pick, Everest Group, then. Everest is a property casualty reinsurer and primary insurer based in Bermuda....
...But what’s most entertaining is that the government goes ahead and shows the professor’s ongoing work calculating Alameda’s historical balances with FTX — basically the firm’s net P&L — from last year:...
...L&G’s balance sheet investment unit was flat after a tougher second half for the property market, and its asset manager, Legal & General Investment Management, posted an expected fall in profit as higher...
...Her team still collaborates with a research group they happened to sit next to years ago. “In eight years we’ve had at least six different offices....
...Simon Kuper: What advice would those near the end of their careers give to those just starting out?...
...(Alphaville believes that using L’Oréal as an O is cheating, even if it makes your acronym look nicer.)...
...Letter in response to this article: Self-drive removals — I won’t be doing that again / From Simon Larter-Evans, Northend, Oxfordshire, UK...
...The investor group also includes private credit groups Ares Management and HPS, and L Catterton, a private equity group that invested in Equinox in 2017....
...“This is British Land taking the building back,” said chief executive Simon Carter. “Market rents are now much higher than the rents Meta was paying . . . We called it a win-win.”...
...But this model has been shaken by construction delays at failed groups such as Evergrande, leading homebuyers to question whether they will ever receive their properties and discouraging new land purchases...
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