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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
Blackstone Group LP
Dividends outstrip cash flows at Blackstone’s flagship property fund
...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...
April 3, 2024
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
Travel
Asturias — why Spain’s cool coast is this summer’s hot destination
...This grand country estate dating from the 15th century, once the seat of the aristocratic Miranda-Quirós family, has been sensitively reconfigured into nine apartments whose interiors (by Madrid-based designer...
March 13, 2024
Travel
White sands and pink dolphins on an Amazon adventure
...In the village of Atodí on the shores of the Arapiuns river, a spur of the Tapajós, a women’s association called Nova Esperança (“new hope”) runs an initiative aimed at the trickle of tourists now beginning...
January 6, 2024
ReviewTelevision
Renegade Nell — Sally Wainwright’s swashbuckler rattles along nicely
...than gore, and the sorcery, which takes a dark turn in the hands of Adrian Lester’s Earl of Poynton, comes with a side order of camp....
March 27, 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
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
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
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
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
FT Magazine
How does age affect creativity?
...In her role as Maria, an aged Serbian émigré, Richardson sang short fragments of Grieg and Verdi arias....
January 20, 2024
ReviewTheatre
Uncle Vanya, Orange Tree Theatre — Trevor Nunn’s staging is painful and powerful
...And Chekhov’s warts-and-all depiction of a group of disconsolate souls rattling round a country estate in the late summer heat is so painfully truthful about human nature that, if it is played sincerely,...
March 13, 2024
Letter
Letter: Plea for some ethical coverage of the rich at play
...I would welcome some articles challenging these points, some ethical coverage of how the wealthy should behave in Britain today. Anne Richardson Sevenoaks, Kent, UK...
September 15, 2023
UK prime property
Chichester homebuyers pay double the price for life by the water
...In Bosham, a better-known area, waterfront homes start at around £3mn, according to Andrew Richardson of agent Jackson-Stops, with the private estate of Bosham Hoe being the most prized address: large plots...
February 7, 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 Live
Transforming the Finance Function with AI
Strategies for delivering advanced analytics, automation and decision-making
Thursday, 25 AprilDigital Conference
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
News updates from April 3: Iger defeats Peltz in Disney proxy war; Eurozone inflation falls to 2.4%
US adds more private-sector jobs than expected, as pay gains for job changers accelerate
...The US private sector added 184,000 jobs in March, the biggest monthly gain since July, in a sign of the labour market’s continued strength ahead of Friday’s official non-farm payrolls report....
April 3, 2024
US politics & policy
Former New Mexico governor Bill Richardson dies aged 75
...Most recently, Richardson played a role in the securing the return of Brittney Griner, the American basketball player who was detained in Russia, to the US, in a bargain that included the return of Viktor...
September 2, 2023
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
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
UK house prices
UK estate agents report third consecutive monthly rise in demand
...The difference between the percentage of estate agents reporting a rise in buyer interest versus those recording a drop climbed to 8 points, double the reading of the previous month and the highest reading...
April 10, 2024
Chinese trade
China’s bumper steel exports fuel oversupply concerns
...“There’s too much steel in the world,” said Colin Richardson, head of steel at price reporting agency Argus Media. “Even with a pullback in China, there will be too much steel.”...
March 21, 2024
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 6: Nikki Haley ends White House run; NYCB to raise more than $1bn in deal lead by Steven Mnuchin’s firm
US adds 140,000 private sector jobs in February
...Wage growth for job changers accelerated for the first time in a year to an annual rate of 7.6 per cent in February....
March 6, 2024

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