Billionaire Benko’s Property Woes Risk Leaving Scars in Hamburg
A concrete skeleton looming over Hamburg’s harbor was supposed to be the crown jewel of a historic revitalization
2023-11-11 14:57
Singapore Developer Frasers’ Profit Slumps on Global Downturn
Singapore developer Frasers Property Ltd. reported a significant drop in full-year profit as higher interest rates prompted fair
2023-11-11 12:47
Trump’s 40 Wall St. Tower Loan Transferred to Special Servicer
The mortgage on former President Donald Trump’s Manhattan tower at 40 Wall St. has been transferred to a
2023-11-11 05:45
Sydell Group Weighs Sale of Boutique NoMad Hotels Brand
Sydell Group is exploring a sale of its NoMad Hotels brand, according to people with knowledge of the
2023-11-11 00:50
Swiss Real Estate Market Remains Vulnerable, Central Banker Says
Price dynamics in Switzerland’s residential-property sector are slowing in the wake of higher interest rates but the market
2023-11-10 19:17
China’s Under-Developed CDS Market Worsens Real Estate Pain
After a major default, investor attention usually turns to the potential payout from credit default swaps, a type
2023-11-10 18:27
Lemssouguer’s Arini Hedge Fund Among Signa Unit Bondholders
Arini, the hedge fund founded by former Credit Suisse debt trader Hamza Lemssouguer, is among the largest bondholders
2023-11-10 18:22
UK Staves Off Recession Threat for Now With Stagnant Quarter
The UK economy flatlined in the third quarter, defying forecasts of a small contraction and ensuring a recession
2023-11-10 16:23
China 2024 Budget Deficit Seen Above 3.5% In Break With Past
China will likely set its headline deficit at 3.5% of gross domestic product or higher next year, according
2023-11-10 15:58
Landlord SBB Faces Demand for Bond Repayment on Breach Claim
Embattled Swedish landlord SBB is facing an inflection point after one of its creditors demanded its money back,
2023-11-10 15:28
RBA Sees Elevated Inflation as Resilient Economy Aids Jobs
Australia’s central bank expects inflation will only return to the top of its 2-3% target by end-2025 and
2023-11-10 10:19
Major Retailer’s Struggles Flash Warning Signs for Canadian Economy
Big box retailer Canadian Tire Corp. will cut 3% of staff and eliminate most vacant roles as consumers
2023-11-10 01:54