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...Sir Lynton Crosby’s CT Group has been accused of unlawfully gathering privileged information in a legal battle in London’s High Court over a multibillion-dollar estate linked to a deceased Russian billionaire...
...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...
...Sir Vernon Bogdanor Professor of Government, King’s College London and Member of the International Advisory Council of the Israel Democracy Institute, London WC2, UK...
...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....
...She moved in as a six-year-old after her grandfather died and her father took over the running of the estate....
...The danger third-party candidates pose to the two major parties is that they can siphon off votes, potentially tipping the scales when there are thin results margins....
...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...
...Some 274 members of the UK’s upper house voted for the amendment, tabled by the Labour Lord Vernon Coaker, with 102 voting against it....
...He argues that such distributions could be funded by reforming the UK’s current regime of taxing estates to one that taxes recipients on the value of gifts received at any stage of their lives....
...tale in a large-scale mural....
...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 benchmark S&P 500 was down 1 per cent shortly after the opening bell in New York, with particularly steep declines for rate-sensitive real estate stocks....
...It’s thrilling to think of the centuries of visitors who have walked the routes around the estate, and the many who will follow....
...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....
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