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Food & Beverage
CVC accused of ignoring Kenyan co-operatives in tea estates sale
...“Acquiring the Kenya tea estates at a fair valuation would restore ownership of the lands to the descendants of the indigenous residents of the Rift Valley Highlands and address the ongoing debate in Kenya...
April 3, 2024
Central banks
What happens when a central bank runs out of money?
...So peripheral to central banking is the existence of capital that a number of central banks have just kept on trucking in spite of negative equity....
April 8, 2024
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
LexKering SA
Kering’s €1.3bn real estate bet is a pricey distraction Premium content
...Seen in this light, the push to secure prime real estate is essentially a round of beggar thy neighbour for luxury companies....
April 4, 2024
FT SeriesHouse & Home Countryside Living Special
Call of the countryside: the pleasures (and pressures) of a return to the family home
...Meanwhile, Ant’s parents have built themselves a modern house on the farm. The Earps are one of a number of people who’ve gone back to an old family farm or estate to try to make a go of it....
April 5, 2024
Live news: Iran-backed Houthis suspected of firing missile at Russian oil tanker
Warren Buffett’s real estate brokerage to pay $250mn over commission lawsuits
...The brokerage, a unit of Warren Buffett’s Berkshire Hathaway, was the last remaining defendant in cases that the National Association of Realtors trade group agreed to settle for $418mn in March....
April 26, 2024
LexProperty sector
UK property market shows hard-learned lessons on leverage Premium content
...The UK property sector has a proud tradition of being the gloomiest corner of the European market in every crash. Not this time....
March 29, 2024
FT Live
Future of the Car
The technology and new business models shaping the next decade in automotive
Tuesday, 7 MaySancroft, Paternoster Square, London EC4M 7DQ, UK
Property sector
Selling Mayfair: the elite agents bringing Dubai hustle to London’s prime properties
...But Azar appears to enjoy how much his arrival has set the tight-knit world of London’s top estate agents abuzz. “I am a very calculated guy. I’m a banker . . ....
March 21, 2024
US Election Countdown
The billionaire helping Trump hold on to his real estate
...Afterward, as the snow fell outside, she lingered by the stage, talking with new friends with a shared love of Trump. “Everyone was like family,” she explained....
April 4, 2024
Property sector
European commercial real estate deal making slumps to 13-year low
...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....
April 25, 2024
Due Diligence
Friends now, foes later: Sequoia’s drama at Klarna Premium content
...The auditors that signed off on Evergrande As China’s Evergrande grew rapidly using eye-watering amounts of leverage during a long real estate boom, PwC repeatedly signed off on its accounts....
February 20, 2024
Berkshire Hathaway Inc
Warren Buffett’s real estate brokerage to pay $250mn over commission lawsuits
...The amount to be paid by firms that also include Anywhere Real Estate, Re/Max, Keller Williams and Compass to a class of 50mn home sellers now totals $943.3mn under the settlements....
April 26, 2024
News updates from March 18: Biden warns Rafah invasion would be ‘a mistake’; Nvidia unveils ‘superchip’
Chinese industrial activity expands as real estate extends slowdown
...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...
March 18, 2024
Letter
Letter: Pubs — a lost opportunity for care in the community
...Never mind the warmth and camaraderie of pubs, it’s also important to know what’s happened to old friends, so that you can then go and help if necessary. This is a vital part of communal living....
April 1, 2024
Gardens
Surrealism, sustainability and very few slugs at West Dean Gardens
...It begins when Edward James, the great Surrealist patron and creator of Las Pozas gardens in Mexico, inherited the estate in 1932, by which time he was already a friend of Magritte, Dalí and Leonora Carrington...
April 26, 2024
Joe Lewis
British billionaire Joe Lewis avoids US prison in insider trading case
...the 87-year-old to a $5mn fine and three years of probation....
April 4, 2024
FT Live
Business Book of the Year Award 2024
The search for the best business book is under way
Monday, 9 December1 Grosvenor Pl, London SW1X 7HJ, UK
Letter
Letter: What makes a good friend
...I felt lucky after reading the article. And after I read the article, I realised that life online teaches us the opposite of those three things; it schools us in how not to be a good friend....
March 11, 2024
News updates from March 1: Nvidia closes above $2tn valuation, Gunvor to plead guilty to US bribery charges
Rightmove profits rise as UK estate agents increase marketing spend
...Rightmove posted a rise in revenue and profit despite a major slowdown in the property market last year as estate agents were forced to spend more to try to sell homes....
March 1, 2024
News updates from March 15: US home fees set to fall; Foxconn boosts outlook on AI hopes
US home sale fees set to fall after real estate group settles lawsuits
...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....
March 15, 2024
Commercial property
Law firm Paul Weiss signs biggest US office lease of 2023 in Manhattan
...At the end of the third quarter, leasing activity was down a third, in square-foot terms, compared with the previous year, according to Avison Young, a commercial real estate adviser....
December 22, 2023
Joy Lo Dico
We tend to celebrate buying a home — but selling one can be a joy (and a relief)
...He and his wife are on the verge of signing the paperwork to sell up and have invited friends over for a final supper....
March 29, 2024
Prime property
Hot property: five homes for sale in Sydney
...Who Sydney Sotheby’s International Realty Estate, Arcadia, A$7.5mn-A$8mn Where In a northern semi-rural suburb, around an hour’s drive from the city centre....
December 28, 2023
Brooke Masters
Real estate agents face an overdue reckoning
...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....
March 20, 2024
News updates from March 14: Chuck Schumer calls for Netanyahu’s replacement; China hits out at US push to ban TikTok as Steven Mnuchin plots bid
Defining extremism will help UK government ‘choose its friends wisely’, says Michael Gove
...to “choose our friends wisely”....
March 14, 2024
LexProperty sector
US broker shake-up leaves real estate stocks in the cold Premium content
...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....
April 1, 2024
Your QuestionsLucy Warwick-Ching
What are the complications of buying a house with a friend?
...If somebody dies intestate (without a will) this means the distribution and administration of the estate takes place in a much more rigid way, prescribed by the law....
August 30, 2023

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