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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
Property sector
European commercial real estate deal making slumps to 13-year low
...European commercial real estate deal making fell to a 13-year low at the start of 2024, as fading hopes of imminent interest rate cuts prolonged the slump in property markets....
April 25, 2024
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
Frank Field
Former Labour minister and peer Frank Field dies aged 81
...Field’s family issued a statement on Wednesday that said: “Frank Field has died at the age of 81 following a period of illness. Frank is survived by two brothers....
April 24, 2024
North American prime property
Buyers make a beeline for Manhattan’s Yorkville
...According to Mike Fabbri of The Agency, a real estate broker, move-in-ready, amenity-filled developments such as The Harper are helping to lure younger buyers to Yorkville, “particularly those who grew up...
February 15, 2024
News updates from March 22: Dozens dead in Moscow attack; Princess of Wales undergoing cancer treatment
Tory donor Frank Hester under police investigation
...The UK Conservative party’s largest donor is under police investigation after he made a series of inflammatory remarks about former Labour MP Diane Abbott....
March 22, 2024
Berkshire Hathaway Inc
Warren Buffett’s real estate brokerage to pay $250mn over commission lawsuits
...Berkshire Hathaway’s HomeServices of America, the largest US residential real estate brokerage, has joined rivals and agreed to settle lawsuits that challenged long-standing fee arrangements in the industry...
April 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
News updates from March 18: Biden warns Rafah invasion would be ‘a mistake’; Nvidia unveils ‘superchip’
Kemi Badenoch open to Tories taking more money from Frank Hester
...UK business secretary Kemi Badenoch said she would be open to the Conservative party accepting more donations from Frank Hester, the businessman accused last week of making racist and misogynistic comments...
March 18, 2024
Live news: Iran-backed Houthis suspected of firing missile at Russian oil tanker
Warren Buffett’s real estate brokerage to pay $250mn over commission lawsuits
...Berkshire Hathaway’s HomeServices of America, the largest US residential real estate brokerage, has joined rivals and agreed to settle lawsuits that challenged long-standing fee arrangements in the industry...
April 26, 2024
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
Life & Arts
Blackpool’s £2bn bid to revive the spirit of the British seaside
...(When Frank Sinatra came to Britain in 1950, the one gig he played outside London was in Blackpool.) Exiting Showtown, I looked up at the Tower....
March 15, 2024
UK politics
UK police investigate alleged remarks by Tory donor Frank Hester
...At the time of the alleged remarks, Abbott was a Labour MP, but she has sat as an independent in the House of Commons since last year after being suspended by the party....
March 22, 2024
HTSI
Prime Paris property with rue la-la
...While the mainstream market saw price falls of six per cent in 2023, Knight Frank figures show that prime properties over €4mn recorded increases of 2.5 per cent....
March 24, 2024
UK house prices
UK estate agents more optimistic about house price outlook
...Tom Bill, head of UK residential research at estate agency Knight Frank, said: “The economic data has fluctuated since Christmas but the direction of travel for the housing market is up as mortgage rates...
March 14, 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
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
Property sector
Selling Mayfair: the elite agents bringing Dubai hustle to London’s prime properties
...Unlike rivals Savills and Knight Frank, which operate as a single firm, Sotheby’s Real Estate runs on a franchise system....
March 21, 2024
FT SeriesThe world’s best house museums
House museums #51: Frank Lloyd Wright’s home and studio
...The body of a grand piano hangs over my head as I descend the stairs from the first to the ground floor in Frank Lloyd Wright’s former home in Oak Park, Illinois, just outside Chicago....
January 20, 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 SeriesHouse & Home Countryside Living Special
Hot property: five homes for sale in the Tuscan countryside
...Who Christie’s International Real Estate/Romolini Estate, Massa Marittima, €28mn Where South of the medieval village of Massa Marittima, which is known for mineral springs and mines of iron and copper....
April 4, 2024
The best of TV and streaming this week
Blue Lights series 2 — engrossing and authentic police drama returns to BBC1
...A couple of new additions to the ensemble — including Lee (Seamus O’Hara), an ambitious opportunist trying to take control of the estates, and Shane (Frank Blake), a swoon-worthy (but perhaps not trustworthy...
April 15, 2024
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
Conservative Party UK
Scottish Tories demand review of £10mn donation over racism dispute
...The Scottish Tories have demanded the UK Conservative party “carefully review” its donations from Frank Hester, the businessman at the heart of a row over alleged racism, heaping fresh pressure on Rishi...
March 13, 2024
Conservative Party UK
Conservatives’ biggest donor embroiled in alleged racism dispute
...“The Guardian is right when it quotes Frank saying he abhors racism, not least because he experienced it as the child of Irish immigrants in the 1970s....
March 11, 2024

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