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...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...
...Canary Wharf has also been challenged by the departure of key tenants, as it works to diversify the estate. The group is burdened with £3.7bn of net debt....
...In New York and London, Laila Gohar and Imogen Kwok are the chef-artistes behind photogenic spreads for Simone Rocha, Alighieri and Prada....
...Gennari breaks the mould. Her advanced facial, offered in the spa-like surroundings of her Notting Hill “salon” (don’t say clinic), is both effective and a delight....
...“Our Irish designers are very important to what we do, but I don’t stock them out of loyalty. It’s for the quality of the design.”...
...“We’re all guilty if [we] don’t speak up,” says Rocha. Others meanwhile are visibly haunted by the question of whether they did all they could....
...The real headache for all these groups is the diminution of UK actively managed assets....
...Rachel Bakewell London-based stylist, wearing a brocade and tulle dress by Simone Rocha I knew I didn’t want a traditional dress, I wanted something that was a bit more of a statement....
...All the answers here are linked in some way. Once you’ve spotted the connection, any you didn’t know the first time around should become easier....
...It’s not like I didn’t join the SlutWalk marches of 2011, pushing back against the sexist logic that dressing a certain way amounted to “asking for it”, or like I wasn’t spending all my time reading Lisa...
...But no one has made a bigger effort to fill Detroit’s economic vacuum than Dan Gilbert, who moved his Rocket Mortgage empire from the suburbs in 2010 and set up a real estate company, Bedrock, to nurture...
...Dennett’s teacher Gilbert Ryle famously dubbed the “ghost in the machine”....
...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....
...Does the world need more married-couple podcasts? I would say it doesn’t, but commissioning editors apparently don’t agree....
...This is an audio transcript of the Unhedged podcast episode: ‘Will commercial real estate hurt regional banks?’...
...“Now that borrowing from the bank isn’t ‘free’ and isn’t easy [to secure], real estate does not have the shine it had before,” explains Rob Fleischman, a technology entrepreneur and investor, who is chair...
...But the ultras’ transformational goals don’t stop at the water’s edge....
...Commercial real estate is in dire straits. At the same time, there’s an acute shortage of residential housing. Surely, the solution is simply to convert offices into homes en masse?...
...Some of the UK’s biggest pension plans are taking advantage of steep price discounts to snap up real estate and other private assets, as fellow retirement funds put their harder-to-sell holdings on to the...
...Despite the slow 2023, Rightmove’s annual revenue rose 10 per cent to £364mn on the back of a 6 per cent increase in spending by estate agency clients, and a 26 per cent rise in revenue from new home developers...
...“The bill is coming due on a record amount of commercial real estate debt”, The Wall Street Journal blared this week. Fair enough....
...Skeoch and Gilbert were criticised for their decision to become co-heads of the new company, eventually resulting in Gilbert’s departure from the role in 2019. Skeoch stepped down a year later....
...It will also accelerate the expansion of its more upmarket Bloomingdale’s and Bluemercury chains, invest in smaller format stores and sell off some of its real estate holdings....
...Under intestacy, a married partner inherits the personal property and belongings of the person who has died, up to the first £322,000 of the estate, and half of the remaining estate....
...Roughly 80 per cent of PBB’s cover pool — the collection of assets backing its covered bonds — is made up of commercial real estate mortgages....
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