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...The matchmaker for the troubled deal between the real estate firm behind the scheme M7 Real Estate and the local authority was Lee Robinson, a Monaco-based financier whose interests have become unusually...
...Edgar Allan Poe would have struggled today to recognise the rural calm he sought when renting a modest home outside New York in 1846 for the last four years of his brief, turbulent but productive life....
...Jessica SmithI’m Jess Smith and here’s the news you need to start your day. [MUSIC PLAYING] Tesla’s first-quarter earnings are out tomorrow, and they could be the worst in seven years....
...Selling Mayfair: The new owner of the Sotheby’s London real estate franchise aims to disrupt the business of selling multimillion-pound homes in the city....
...He was unveiled last week as the next boss of Envista, a New York-listed dental products manufacturer, with a market capitalisation of $3.4bn — about half of Smiths’ valuation....
...Silvio Berlusconi’s Sardinian beach estate is going on sale for €500mn after his five children agreed to sell the asset, according to people with knowledge of the transaction....
...The group, which is one of the world’s biggest insurers and offers broader financial services including banking, reported operating profits down a fifth at Rmb118bn ($16bn) last year, in results released...
...It comes as the Canadian Real Estate Association publishes home sales data for February. Five more top stories 1....
...Take a break from the news To celebrate the 20th edition of the Financial Times and Schroders Business Book of the Year, past winners pick their favourite business books of all time....
...According to its annual report, the $60bn Blackstone Real Estate Income Trust generated $2.7bn in cash flows in 2023 but paid out a distribution of more than $2.8bn, resulting in the first annual shortfall...
...“As Churchill said, in 1934: ‘To urge the preparation of defence is not to assert the imminence of war....
...Monetary policy: Federal Reserve Bank of Atlanta president Raphael Bostic appears at an event hosted by the University of Cincinnati’s Real Estate Center....
...Jacqueline Smith Maritime Coordinator The International Transport Workers’ FederationLondon SE1, UK...
...Search for the origins of contemporary Indigenous art in Australia and the answer is surprisingly specific: the Northern Territory town of Papunya, c1971, with a depiction of the Honey Ant Dreaming ancestral...
...The move to raise $500m in art-backed securities comes at a moment of deep distrust of Drahi in the bond market, however....
...Hepworth Wakefield, Yorkshire Museum gardens have proliferated recently (a subject at the centre of a Garden Museum conference this coming summer) and this one, designed by Tom Stuart-Smith, is one of...
...The value of farmland held by investment groups has more than doubled over the past three years, according to the National Council of Real Estate Investment Fiduciaries....
...DS Smith’s board intends to recommend the all-share merger proposal to shareholders, which would complete by the fourth quarter of this year....
...Nearly 70 per cent of homes purchased in the final three months of 2023 were bought without a mortgage, according to Pamela Liebman, chief executive of real estate brokerage Corcoran, compared with 55 per...
...Weightman stepped into the private credit arena after his 2020 departure from Cromwell, the Australian real estate investment firm he founded two decades earlier, following a bitter boardroom battle....
...America’s CRE hangover: Some players are finally getting more honest about America’s commercial real estate pain, writes Gillian Tett. Social price: Do you dislike being hounded online to buy stuff?...
...Charlotte Clark, director of regulation at the Association of British Insurers, said part of the reason that the rise in prices looked “so significant is because it is coming off the back of the pandemic...
...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....
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