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...Hidden among the expansive estates of Los Angeles’s Pacific Palisades neighbourhood is the mid-century modern pilgrimage site known as Case Study No 8 — or, simply, the Eames House....
...of the hat....
...Then comes the big reveal, the one designed both to set audiences at ease and make them punch the air: the unmistakable, bearish figure of Ray Winstone....
...Ray, who once oversaw the restructuring of Enron, rubbished that claim, and said that what had been recovered had only occurred because his “very large team” had spent “over a year stewarding the estate...
...The foundry’s operating losses were expected to peak this year, with the unit aiming to achieve break-even operating margins midway between now and the end of 2030, said Intel in a statement....
...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....
...Trading volumes are sinking, initial public offerings are scarce and some of its biggest companies prefer the appeal of the US....
...She moved in as a six-year-old after her grandfather died and her father took over the running of the estate....
...The council — which includes Fritz Alphonse Jean, a former central bank governor, former senate president Edgard Leblanc, and insurance businessman Laurent Saint-Cyr — will also wield limited presidential...
...Leblanc and Beckham have completely realigned the business. “A case of lifting up the car bonnet and dealing with everything,” says Beckham....
...The involvement of S&C, which represents the FTX estate, has been controversial from the start....
...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....
...Today IT again has a weighting of around 29 per cent of the index. The top 10 largest companies include all of the Magnificent Seven....
...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....
...The engine maker soared about 220 per cent in 2023, eclipsing the drugmaker’s 49 per cent rise, to become the best-performing stock of the Stoxx Europe 600 index, the continent-wide benchmark....
...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....
...Tory grandee Michael Heseltine has said he is “delighted” about David Cameron’s surprise return to frontline politics, saying he would “bring a ray of light to what has been a very dark background” for the...
...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...
...Westport himself — Ray Dalio....
...Read more of Ray’s fiery letter. 3....
...The first time I saw the picture I was struck by the eerie passivity of a drunk’s face. Ray shows no pre-emptive wince, no anticipation of pain....
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