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...Many lenders shun development finance in favour of debt secured on existing buildings, which can be sold to recover money in case of default. Lending to support construction is higher risk....
...The loans were tied to its residential portfolio and development pipeline....
...Actis, created as a development finance arm of the UK government, was spun out in 2004 after its management team bought a 60 per cent stake for £373,000....
...The building, part of British Land’s joint venture with Singapore’s GIC at Broadgate, is under construction and due to be completed in 2027....
...Our specialists can then confirm that the vehicle correctly perceived the construction zone and communicate the lane closure to the rest of the fleet,” Waymo said....
...An attorney for Jane Street told Engelmayer that the firm had invested “tens of millions of dollars” into the development of the trading scheme....
...Google chief executive Sundar Pichai has shaken up the tech giant’s top ranks and structure to speed up its development and rollout of artificial intelligence products, after facing criticism for falling...
...But this is a title seven years in development by a solo developer, and it’s an impressive accomplishment....
...During the first thousand years AD, technology breakthroughs — including the development of the waterwheel and advanced infrastructure enabled by concrete — catalyzed activity to such an extent that real...
...Builders cited cutbacks to residential development projects and a general slowdown in business due to unfavourable market conditions....
...As the name suggests, this is a “business development company”, a weird but fascinating and uniquely American construct....
...Europe’s AI Act is an important development in balancing innovation and risk....
...The property groups said the changes have an immediate impact because the tax that a buyer would have to pay on an eventual property sale factors into their current valuations and plans for development and...
...It now has “several hundreds” of engineers dedicated to chip development, he added....
...Addressing skills shortages, supply chain challenges, and competition in the construction sector is crucial....
...Construction began in 2019. India and China have long-running territorial disputes across their border. Fighting erupted in the Himalayas in 2020....
...development support....
...French hotel group Accor is in talks with investment vehicle Dubai Holding to fund the roughly €800mn development of two upmarket cruise liners under the Orient Express brand, in the latest example of Middle...
...The debate du jour was an all-share approach by the country’s biggest builder, Barratt Developments, for Redrow. Deal terms valued the smaller company’s equity at £2.5bn....
...A big donor to the Conservative party under Boris Johnson, Morgan attacked the government in an interview last spring over concessions to anti-development MPs, saying: “It’s like the government wants to...
...That prospect has attracted politicians and investors looking to avoid the cost blowouts and lengthy development times of large-scale plants....
...The other factor is that fund flows into direct lending have been stable and growing, especially from high-net-worth investors putting money into semi-liquid BDCs [business development companies]....
...Inter Miami, which is backed by investment group Ares Management and co-owned by construction billionaire Jorge Mas and his brother Jose, has emerged as a symbol of the convergence of sports, entertainment...
...But the recent surge in coal power development put China’s 2025 climate targets at risk, said Qi Qin, an analyst at the Centre for Research on Energy and Clean Air....
...England lost 11,700 social homes last year as sales and demolitions outpaced construction....
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