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...Grosvenor said funds for the lending business would come from “organic growth” and “strategic sales around the periphery of the [London] 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...
...Signs of stress in the commercial real estate sector are now coming thick and fast....
...But that ubiquity is all the co-founder of two of the biggest brands in the billion-dollar Kardashian empire is going to express remorse over....
...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....
...Many of the more newsworthy collapses, however, have been brought about by new investors leveraging the real estate of department stores....
...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....
...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...
...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....
...Diana (Elizabeth Debicki) exists as a spectral figure in the palace even in the weeks before her death....
...Indeed, many of tech’s most famous “charismatic leaders” — Sam Bankman-Fried, Elizabeth Holmes, Elon Musk — lack the kind of stage presence or easy confidence that we might expect a charismatic person to...
...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....
...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....
...Some of the best-dressed stars of the evening offered subtler references....
...They are “the Litchfield Augustines”, as everyone who is anyone knows: wealthy Connecticut magnates who, over the course of 150 years or so of exploitation, have built a fortune from railroads, real estate...
...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....
...McCarthy said the firm has $40bn of “dry powder” — funds raised but not yet invested — and is targeting its investment in parts of the real estate market with “the strongest cash flow growth and favourable...
...The real estate agents’ lock on online listings drove up costs and combined with a shortage of affordable homes to shut all but the most affluent buyers out of the housing market....
...US senator Elizabeth Warren has urged the Department of Justice to reverse a new policy aimed at encouraging companies to report misconduct at businesses they buy, calling it a “massive step backwards” in...
...The real estate crisis means not everyone will be able to buy a property before they get married. Many are “waiting for the house prices to go down a bit more” before they buy, Wang said....
...European stocks and bonds fell on Tuesday, as traders await further direction on the outlook for interest rates ahead of the European Central Bank’s monetary policy meeting on Thursday.The region-wide Stoxx...
...Deep inside the nested layers of funds, companies, insurers and partnerships of Canada’s Brookfield Corporation lies a real estate business that no longer covers the cost of its debt: Brookfield Property...
...This week, however, it caused a frisson in the real estate world....
...Office blocks and shopping malls lie at the centre of the IMF’s worries over the health of lenders’ real estate portfolios, a senior fund official has said....
...The region-wide Stoxx Europe 600 dropped 0.2 per cent, with utilities and rate-sensitive real estate stocks among the worst-performing sectors....
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