Karen Day
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Europe calls for Loews
The appointment of Kirk Kinsell as chief executive officer at Loews Corp.’s hotels unit could result in the U.S. hotel chain expanding into Europe.
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One apartment sold in Manhattan’s One57 in 3Q
Around 25% of units in Manhattan’s One57 luxury tower block have yet to be sold, three years after being offered to the market.
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Funding for Lending Scheme extended
The Bank of England and the Treasury have extended the Funding for Lending Scheme for a year
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Derwent to replace headquarters with apartments
Westminster borough council has agreed to a proposal by Derwent London PLC to demolish its headquarters and replace it with 29 apartments.
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Global roundup: Australian rates, building data
The Reserve Bank of Australia Tuesday left rates on hold at a record low 2.50% as it seeks to balance the pressures from an elevated local currency, falling commodity prices…
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CBI calls for British Mittelstand
Britain’s medium-sized companies need greater access to finance in order to be able to rival their German equivalents, John Cridland, director-general of the Confederation of British Industry, told a national…
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New rules for loan brokers
The Financial Conduct Authority plans to introduce stricter rules governing loan brokers.
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Blackstone in search for REITs
Private equity group Blackstone aims to use its latest property fund to invest in publicly listed real estate investment truststhat it can take private.
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Fosun improves bid for Club Med
Fosun International of China has raised its offer for Club Méditerranée to €23.50 a share.
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New garden city planned
Bicester in Oxfordshire will be the site of a new garden city, deputy prime minister Nick Clegg has revealed.
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Blackstone Sells IndCor
Blackstone has agreed a deal to sell IndCor Properties to GIC for $8.1 billion.
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Government to announce road investment
The government is set to announce more than 80 new road schemes Monday, among them a plan to tunnel under Stonehenge.