Hints and tips:
Related Special Reports
...Although Mitsui Fudosan is the largest Japanese property group by value, it has, at 6.91 per cent, the lowest return on equity among peers such as Mitsubishi Estate and Sumitomo Realty....
...“It’s owned by RFR Realty, but originally it was built by Mel and Bob Kaufman, which is Sage Realty, which used to be partners with Howard Ronson, and they got into a big fight....
...This year, it acquired real estate manager Mitsubishi Corp-UBS Realty for $2bn....
...Shares in property groups Mitsubishi Estate and Sumitomo Realty are up 40 per cent....
...“Now is definitely winter for the property market,” said Sammy Po, chief executive of Hong Kong-based Midland Realty’s residential division. “Prospective buyers prefer a wait-and-see attitude.”...
...Investor groups and chief executives have warned that the crisis in lab space in the so-called “Oxford-Cambridge arc” is driving companies to cities such as Boston in the US, which have millions of square...
...Clamping down on foreign investors may be missing the point....
...“Investors that are well-capitalised are going to continue to see opportunity in New York.”...
...The investment push is coming from Blackstone’s ownership of QTS Realty Trust, a real estate trust focused on data centres, which it acquired for more than $10bn in mid-2021....
...The release of Apple’s new headset shows that the most valuable company in history believes augmented and virtual realty is here to stay....
...Lender Arbor Realty Trust foreclosed on the properties in April....
...In mid-2021 it also acquired QTS Realty Trust, a real estate trust focused on data centres....
...The trust informed investors of the bankruptcy of its fifth-biggest tenant 10 days after Sungard had filed in the US....
...Speaking to investors in February, Steven Roth, chief executive of Vornado Realty Trust, one of New York’s largest office landlords, conceded that the five-day work week was finished....
...Hot on his heels comes Macklowe with the 426 metre 432 Park Avenue, and then Steve Roth, the bruising head of Vornado Realty Trust, and Michael Stern, a wunderkind with a mysterious past....
...Last month, investors sought to redeem $3.8bn from Breit, a 30 per cent decline from January....
...New York-based Vornado Realty Trust wrote down its share of 650 Madison Avenue by about a third at the end of last year....
...Albert Milián, head of listings at Sotheby’s International Realty in Barcelona, says his average client spends about €1.5mn....
...This is a giant reset for the industry,” said Ron Dickerman, president of Madison International Realty. “All real estate is likely worth less now than it was six or 12 months ago.”...
...In 2022, warehouse operator Prologis made a multi-billionaire dollar bid for its reluctant rival Duke Realty, which culminated in a friendly transaction. Life Storage is firmly in play now....
...Speaking to investors last week, Arthur Stein, chief executive of Digital Realty, said that the increased cost of capital has “led us to sharpen our lens and prioritise new investments to those that are...
...These can, when under pressure, “break the buck”, leaving small investors with big losses....
...But, having established critical mass, investors and entrepreneurs say Toronto’s future is bright....
...But other investors argue the data centre and specialist operators have life in them yet....
International Edition