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...The person added Arcore, the estate close to Milan that for the past 50 years was the late tycoon’s main residence, will also stay in the family....
...A person at Access said the real estate division was not formally involved at this point, while Rithm declined to comment....
...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...
...the size of its central London estate by almost a fifth....
...The $60bn Blackstone Real Estate Income Trust generated $2.7bn in cash flows in 2023, mostly in rents from a portfolio spanning thousands of warehouses, apartment buildings and data centres across the US...
...Grosvenor said funds for the lending business would come from “organic growth” and “strategic sales around the periphery of the [London] estate”....
...But an unwavering faith in orthodoxy, no matter the evidence, is what makes such experts a menace, says Paul Krugman, the US economist who has popularised the concept of the very serious person....
...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....
...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....
...Signs of stress in the commercial real estate sector are now coming thick and fast....
...in-game loot trading and a recent brush with the law over the alleged cyberstalking of an arts centre charity) is by a process of elimination the current establishment grandee of crypto....
...She moved in as a six-year-old after her grandfather died and her father took over the running of the estate....
...(In an era where a person could make an Oscar-nominated film in the time it takes to watch one, there is much to be said for hitting the credits in 84 minutes.)...
...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....
...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....
...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....
...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....
...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 holiday issue, which we start to work on in August, remains one of my favourite editions of the year....
...For his role conducting this model of patient, persistent but transformational innovation, the Financial Times has chosen Jørgensen as its Person of the Year....
...In this way, I Seek a Kind Person illuminates many facets of the massive impact and continuing reverberations of the Holocaust that still resonate all too painfully today....
...Every single person slips at some point and the productivity will slip,” he noted. Their comments highlight some of the challenges facing employers overseeing a four-day week long-term....
...Geraldine Leegwater Chief Investment Management, PGGM Colin Tissen Adviser Responsible Investment, PGGM Zeist, the Netherlands...
...Mentioned in this podcast: FT Person of the Year: Lars Fruergaard Jørgensen of Novo Nordisk Jeremy Hunt raises prospect of Bank of England rate cuts in 2024 Credit: Vogue.com Credit: Jimmy Kimmel Live...
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