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Inditex
Zara billionaire grabs chance to buy up discounted real estate
...Pontegadea said it remained optimistic about the future of offices, which make up 40 per cent to 50 per cent of its real estate portfolio, and did not subscribe to the view that the rise of working from...
January 18, 2024
ReviewFilm
The Kitchen film review — visually sharp dystopian drama lacks dramatic edge
...The visuals are sharp, with neon splashes of augmented reality in the street scenes and inventive use of familiar locations, including the Barbican....
January 11, 2024
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
LexProperty sector
US broker shake-up leaves real estate stocks in the cold Premium content
...The changes could cut the $100bn Americans pay annually in real estate fees by as much as 30 per cent, according to a study by the Consumer Federation of America, a watchdog....
April 1, 2024
LexKering SA
Kering’s €1.3bn real estate bet is a pricey distraction Premium content
...Yet buying real estate is not the smartest use of luxury cash flows. On the face of it, Kering’s deal does not look too bad....
April 4, 2024
The FT ViewThe editorial board
The painful reset in commercial real estate
...Signs of stress in the commercial real estate sector are now coming thick and fast....
February 15, 2024
InterviewMusic
Jazz musician Daniel Casimir: ‘I’m not setting out to be an activist but it has become that way’
...If the music is leaning towards funk, then it definitely calls for an electric bass. But for traditional jazz I love the roundness of the tone of an upright bass and the woodiness, for sure.”...
March 26, 2024
FT Live
Future of the Car
The technology and new business models shaping the next decade in automotive
Tuesday, 7 MaySancroft, Paternoster Square, London EC4M 7DQ, UK
FT SeriesHouse & Home Countryside Living Special
Call of the countryside: the pleasures (and pressures) of a return to the family home
...She moved in as a six-year-old after her grandfather died and her father took over the running of the estate....
April 5, 2024
ReviewDance
English National Ballet’s Carmen is sharp but sexless — review
...Sharp-edged, impeccably rehearsed and about as sexy as salt cod. ★★★☆☆ To April 6, sadlerswells.com...
April 2, 2024
Rightmove PLC
Rightmove profits rise as estate agents pay more to shift homes in downturn
...Rightmove boosted revenues and profit last year as estate agents spent more with the UK’s largest property platform to try to shift homes amid a sharp downturn in the housing market....
March 1, 2024
Letter
Letter: Blame real estate owners for the woes of department stores
...Many of the more newsworthy collapses, however, have been brought about by new investors leveraging the real estate of department stores....
February 19, 2024
Due Diligence
Has Microsoft found an antitrust cheat code? Premium content
...The unlikely corporate raider In December 2020, veteran property executive Paul Weightman retired from the Australian real estate business he had founded more than two decades before....
March 21, 2024
FT Books Essay
High finance, low spirits — insider tales from Wall Street and the City
...Stevenson is a sharp observer, with a gift for colourful if merciless description: he describes one trader having “the muscular-verging-on-fat physique of a man who has been very well fed for many years,...
March 12, 2024
News updates from December 21: US GDP revised down in Q3, Angola to leave Opec
European markets open lower after sharp sell-off on Wall Street
...European stocks opened lower on Thursday following a sharp sell-off on Wall Street late in the previous session....
December 21, 2023
LexProperty sector
UK property market shows hard-learned lessons on leverage Premium content
...Global real estate, squeezed by rising interest rates, is in the midst of the worst slump since the financial crisis. Office occupancy and valuations have plummeted, especially in the US....
March 29, 2024
Property sector
Selling Mayfair: the elite agents bringing Dubai hustle to London’s prime properties
...The party to celebrate the relaunch of the Sotheby’s London real estate franchise did not cost £2.5mn. George Azar would like to be clear about that....
March 21, 2024
FT Live
Business Book of the Year Award 2024
The search for the best business book is under way
Monday, 9 December1 Grosvenor Pl, London SW1X 7HJ, UK
News updates from March 18: Biden warns Rafah invasion would be ‘a mistake’; Nvidia unveils ‘superchip’
Chinese industrial activity expands as real estate extends slowdown
...China’s industrial activity beat market expectations at the start of the year, offering a boost to policymakers as they struggle to counter a two-year property slowdown that continues to weigh on the world...
March 18, 2024
Live news updates from May 4: ECB raises rates 25bps, Apple reports weaker revenue
Ed Sheeran wins copyright lawsuit over Marvin Gaye song
..., while not paying royalties to the songwriter’s estate....
May 4, 2023
News updates from March 1: Nvidia closes above $2tn valuation, Gunvor to plead guilty to US bribery charges
Rightmove profits rise as UK estate agents increase marketing spend
...The UK’s largest property platform said operating profit rose 7 per cent to £258mn in 2023 even as the number of homes sold nationwide last year dropped to 1mn, the lowest in a decade....
March 1, 2024
News updates from March 15: US home fees set to fall; Foxconn boosts outlook on AI hopes
US home sale fees set to fall after real estate group settles lawsuits
...Should the deal be approved by a federal court, the influential trade group would pay $418mn in damages to home sellers and slash the commission fees that supply the bulk of 1.6mn US realtors’ income....
March 15, 2024
News updates from March 19: Bank of Japan ends negative rate era; Microsoft hires DeepMind co-founder
European bonds rally on sharp upswing in sentiment on German economy
...The ZEW Institute’s monthly survey of investors in Europe’s largest economy found an unexpectedly sharp upswing in investor optimism, boosted by growing confidence that the European Central Bank will deliver...
March 19, 2024
News updates from March 14: Chuck Schumer calls for Netanyahu’s replacement; China hits out at US push to ban TikTok as Steven Mnuchin plots bid
Property market is ‘past the moment of peak uncertainty’, says Savills
...Real estate adviser Savills said the property market is “past the moment of peak uncertainty”, as it reported a sharp drop in profits for 2023....
March 14, 2024
Mortgages
UK lenders report sharp rise in mortgage demand expectations
...In December, estate agents expected house sales to expand in the year ahead, according to separate figures published on Thursday by the Royal Institution of Chartered Surveyors, a professional body....
January 18, 2024
LexEvergrande Real Estate Group
Evergrande is the teetering domino that can topple its real estate peers Premium content
...The sheer number of Evergrande homes that require aid for completion may simply push other developers to the back of the queue for any government support....
January 29, 2024
Commercial property
Hedge funds bet against German lender over US real estate exposure
...Roughly 80 per cent of PBB’s cover pool — the collection of assets backing its covered bonds — is made up of commercial real estate mortgages....
February 22, 2024
InterviewMusic
Ex-Sex Pistol John Lydon: ‘What I do is keep things short, sharp and sweet’
...“What I do,” he says, “is cut out the verbiage and keep things short, sharp and sweet. I hated my old English teacher, Piss-Stains Prentice, and he hated me....
February 16, 2024

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