News
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JLL’s Davis joins Eastil Secured
Eastdil Secured has appointed Jeffrey Davis as managing director
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Talent, tenancy and transport: bolstering the UK’s science and tech sector
Highlights from EG and Bidwells’ Creating a Scientific Superpower conference
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MORNING NEWS: REITS rally but danger still lurks
Plus – CRE drives Goldman’s loss and tallest tower for Bristol
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REITs rally over interest rate hopes
Drop in inflation has led many investors to hope that interest rates have almost peaked
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Goldman Sachs eyes asset sales as CRE drives $1bn hit
The bank has more than $14bn of real estate investments
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Crown Estate triples Labbad’s pay in three years
The chief executive is now paid almost £1m more than his predecessor Alison Nimmo
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Olympian submits plans for Bristol’s tallest tower
The former Haymarket Premier Inn will become two towers rising to 28 storeys
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Almost $72bn of US commercial property in distress
Offices are faring worst, says MSCI Real Assets, with $24.8bn in distress
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More than 50,000 senior homes required annually to meet demand
Senior housing only accounts for around 3% of the total number of homes built each year
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Fall in inflation could reduce mortgage and loan rates within weeks
But the PM has said the UK must “stick to the course”
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House prices rise at slowest rate in three years
ONS figures show 1.9% lift in the year to May
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Residential rents rise to highest level on record
London is leading the way with a 5.3% lift in June