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...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...
...CVC acquired the estates as part of its €4.5bn purchase of Unilever’s tea division, then named Ekaterra, in 2021....
...This behemothic 63-complication, 2,877-component pocket watch is the focus of attention on the Vacheron Constantin stand at the annual Watches and Wonders fair in Geneva....
...“White magic, black magic” was how historian of cubism John Golding characterised the twin founders of Modernist art, Constantin Brâncuşi and Pablo Picasso....
...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...
...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....
...Constantin Brâncuși’s sandstone column “The Boundary Stone” was the last in an almost life-long series that developed his signature emblem, “The Kiss”, towards ever greater abstraction....
...However you choose to mark the moment, from a steel Swatch to a one-of-a-kind Vacheron Constantin inlaid with 146 baguette-cut diamonds, here is our selection of dragon-themed watches....
...Vacheron Constantin is also deepening its ties with women’s fashion. The Égérie Pleats of Time concept watch is an innovative design created with Yin....
...She moved in as a six-year-old after her grandfather died and her father took over the running of the estate....
...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 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....
...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....
...The posted bond has prevented New York state from seizing his assets — particularly his prized real estate — while he appeals a $464mn fraud judgment....
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