Hints and tips:
Related Special Reports
...Canary Wharf has also been challenged by the departure of key tenants, as it works to diversify the estate. The group is burdened with £3.7bn of net debt....
...Shares of most regional banks have yet to fully recover from the collapse of Silicon Valley Bank and a handful of other regional institutions in an industry crisis last year....
...Literary estates lock up their characters for as long as possible to prolong a stream of earnings, but they mostly encourage the creative work of lawyers....
...US regional banks are most exposed but lenders in Europe, particularly specialist German real estate banks, are also on the hook....
...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....
...This is an audio transcript of the Unhedged podcast episode: ‘Will commercial real estate hurt regional banks?’...
...Office blocks and shopping malls lie at the centre of the IMF’s worries over the health of lenders’ real estate portfolios, a senior fund official has said....
...Banks will have to cut their exposure to commercial real estate because of a $2tn “wall” of property debt coming due in the next three years, according to a leading US brokerage....
...“With the inflation backdrop turning a little less difficult of late, this has led to expectations that the Bank of England will be able to start lowering interest rates later in the year....
...of the 4,500 existing banks in the US were also vulnerable....
...European stocks and bonds fell on Tuesday, as traders await further direction on the outlook for interest rates ahead of the European Central Bank’s monetary policy meeting on Thursday.The region-wide Stoxx...
...Signs of stress in the commercial real estate sector are now coming thick and fast....
...He also has a $200mn stake in Axos, an online-only bank that is one of Trump’s largest direct lenders, making him the group’s biggest shareholder. The auto lender is used to doing risky business....
...Meanwhile, Germany’s real estate market faces a reckoning of its own....
...By the end of March, the bank had fixed all of the Postbank issues that were directly affecting customers....
...European equities closed lower on Tuesday as investors weighed the outlook for interest rates amid a heavy week of commentary from central bank policymakers at Davos....
...Until now, Beijing has pushed state-owned banks to offer cheap loans to a long list of struggling developers....
...and Bank of England....
...estate market, regional banks and the broader economy....
...The average reserves at JPMorgan Chase, Bank of America, Wells Fargo, Citigroup, Goldman Sachs and Morgan Stanley have fallen from $1.60 to 90 cents for every dollar of commercial real estate debt on which...
...From a report the investment bank sent out yesterday, with Alphaville’s emphasis below: — The wide adoption of hybrid work caused a structural decline in office demand....
...real estate projects to sit unfinished across the country....
...However, cheaper deals stalled last month as financial markets reassess expectations for Bank of England rate cuts this year....
...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....
...The company’s main creditor Korea Development Bank said on Friday that Taeyoung E&C, a subsidiary of the Taeyoung Group, applied for a debt workout last month with creditors, raising fears of a repeat of...
International Edition