Hints and tips:
...“A lot of damage has been done to asset values, particularly in real estate, growth equity and venture capital,” he added....
...These are tough times in the real estate market. The Covid-19 crisis has hit asset values, particularly commercial real estate in cities such as New York....
...People close to EG have long described it as a real estate business, not a petrol station one.) A nervous debt investor warns: “Even Walmart didn’t do great with Asda — that’s a big red flag.”...
...Ken Griffin, the billionaire founder of the $28bn hedge fund Citadel, has bought a Georgian house near Buckingham Palace in a commitment of about £95m to central London’s real estate as Brexit approaches...
...Conte will be glad he chose to act as a telco lawyer and not a real estate one in this instance....
...Deborah Kern, a real estate broker at Corcoran, represented the developer on the building in the sale. She also recently sold the musician Sting’s apartment at 15 Central Park West for $50m....
...Ms Archer was formerly a real estate agent in Miami, Florida before she renounced her US citizenship and moved to Switzerland....
...Weil, Gotshal & Manges, the law firm, has appointed Paul Hibbert as a partner in London focusing on infrastructure and real estate finance....
...Like the Trumps, the Violas have a taste for luxurious real estate and gilded interiors....
...The planned sale comes at a time of returning fortunes for dealmaking in the US real estate sector, which has enjoyed a rebound after years of sluggish activity following the financial crisis....
...The deal is the third acquisition by the Basel-based group in as many months....
...The move followed Tribune’s $2.73bn acquisition of 19 stations from Local TV Holdings LLC in the industry’s biggest transaction in six years....
...Victor Calanog, chief economist at Reis, a commercial real estate research group, said that Mr Burkle, who recently acquired the Soho House building in Manhattan, is betting on one of the healthiest parts...
...“It was an auction of the most significant internet real estate to come on the market ever,” said another person involved in multiple auctions. “I don’t think we will see anything like it again.”...
...Carlyle plans to split B&B into an operating company owned by its buy-out fund and a property company backed by its real estate fund, and aims to expand by opening new budget hotels in Germany, France, Italy...
...“Commercial real estate is in freefall,” said the head of one private equity firm with a real estate background. “The dissipation in value is massive.”...
...FT: Dubai real estate?...
...“The effects of the current national economic downturn, particularly in real estate, auto and employment advertising, make it essential that we move faster now to realign our workforce and make our operations...
...February 2008 Month to Date Estimates US Residential Real Estate Hedge V – Class A = 5% US Residential Real Estate Hedge V – Class B = 17% Commercial Real Estate Hedge – Class A = 17% Commercial Real Estate...
...As a result, the company’s overall real estate classified ads plunged 35 per cent in the fourth quarter....
...“The time is right for acquisitions in the US,” he said. “With the [real estate] market slowing we might find some value there.”...
...GE Capital Solutions, a unit of General Electric, said on Monday it had agreed to buy Trustreet Properties, a real estate investment trust focusing on restaurants, for $3bn including debt....
...M J DeLeon Christian Stracke: The major emerging markets economies have been swept up in the same global liquidity glut that helped to pump up the subprime sector, Spanish real estate, commodities, etc....
...Strong travel demand combined with a robust real estate market are driving keen investor interest in hotels....
...The abundance of cash resulting from booming oil prices has created a new wave of Arab investors in European assets, willing to bid for anything from high-end London real estate to Parisian wax museums....
International Edition