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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...
...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...
...The leadership changes give new responsibilities to Jennifer Piepszak, Marianne Lake and Troy Rohrbaugh, who are among the top internal candidates to succeed Dimon at JPMorgan, which he has run since 2005...
...The state-owned entity said that the external investigator, barrister Marianne Tutin, had made some recommendations on improvements to the Post Office’s processes....
...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....
...She moved in as a six-year-old after her grandfather died and her father took over the running of the estate....
...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....
...Marianne Pitts Leamington Spa, Warwickshire, UK...
...Promotions for Jennifer Piepszak, 53, and Marianne Lake, 54, cemented their status as leading candidates more than two years on from Dimon making them co-heads of the consumer business....
...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 Post Office subsequently appointed barrister Marianne Tutin as an external investigator to lead the probe....
...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...
...quarter from £1,928 in the first three months of the year....
...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....
...rivals Dean Philips and Marianne Williamson....
...Piepszak was previously co-head of JPMorgan’s consumer business alongside Marianne Lake. Lake will now become the division’s sole head....
...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....
...Inès Cross The Standard, London, until 22 June SEE Mary Lovelace O’Neal at Marianne Boesky After a 60-year career, Mary Lovelace O’Neal shows no signs of slowing down....
...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...
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