Karen Day
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Grosvenor eyes sites in Shanghai
Grosvenor Group Ltd. is looking for opportunities to buy land in Shanghai, as it seeks to take advantage of a downturn in the market there and reduced competition.
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Aussie fund eyes rundown New York properties
The U.S. Masters Residential Property Fund is looking to purchase rundown properties in New York City to add to its existing A$545 million portfolio of single- and multi-family properties in…
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Hilton negotiating possible hotel purchase
Hilton Worldwide Holdings Inc. is negotiating the possible purchase of four properties on the East and West coasts of America from Blackstone Group LP among others.
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Global Roundup: Aussie jobs data
The number of people in employment in Australia rose by 42,700 in November, the most since March 2012, data from the Australian Bureau of Statistics showed.
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Green levies to rise
The almost two million households that rely on electricity for heating could face green levies totaling £360 annually by 2030.
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Buy-to-let lending at highest since 2008
Buy-to-let lending is at its highest since 2008, as interest rates fall amid increased competition in the sector.
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RBS looking to sell Coutts International
Royal Bank of Scotland Group Plc is looking to sell private bank Coutts International, with bids possible as early as this week.
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Economic woes to pressure French housing market
High unemployment and a weak economy are likely to mean house price falls of 2%-3% in France next year.
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Dubai house prices head lower
Investment bank Arqaam Capital expects house prices in Dubai to fall next year as interest from foreign buyers weakens.
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Abercrombie CEO leaves
Mike Jeffries has retired with immediate effect from his position as chief executive office at U.S. retailer Abercrombie & Fitch.
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Tesco cuts profit forecast
The new chief executive officer of Tesco Plc, Dave Lewis, has warned that the retailer’s earnings will be about half that forecast in August.
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Abu Dhabi firm buys New Scotland Yard
Abu Dhabi Financial Group LLC has bought New Scotland Yard, the headquarters of the Metropolitan Police.