Buying property is not the smartest use of luxury cash flows
Purchase of Via Monte Napoleone 8 from Blackstone comes as luxury groups compete for desirable locations
Tenancy renewal is boost for financial centre hit by string of high-profile tenant departures
Increasing attendance by staff in the office leads to decision on taking on new space
Brokerage that handled sale of Signature Bank loans estimates $670bn of debt is ‘potentially troubled’
Grosvenor seeks to diversify away from London estate as investors rush into private debt business
You can’t extend and pretend forever, as it turns out
Rating agency’s decision to leave Docklands office for City of London marks latest exit by financial tenant
Planned move a block away means central bank will no longer occupy offices next to iconic Euro sculpture
New York’s attorney-general could force former developer to sell one of his best investments
Co-working group is the latest to consider leaving London for a higher valuation abroad
Aareal suffered rise in non-performing loans in final weeks of 2023
Hammerson results indicate gloom over UK retail property market might have turned
Warehouse landlord Segro and Derwent look for buying opportunities as high debt costs force out property owners
Commercial real estate prices have to fall a LOT further for it to become more feasible
Don’t be distracted by thoughts of who might get into power
It’s probably not going to cause a financial crisis . . . but non-bank lenders and investors are still worth a look
It’s apparently pretty easy to see
Investors have punished Deutsche Pfandbriefbank for its exposure to the ailing American office market
Landmark building opened in 1965 will be retained as ‘iconic hotel’ in £275mn deal
Rising losses and a wave of distressed asset sales look inevitable in Europe too
Loan loss provisions have thinned even as regulators highlight risks in commercial real estate market
City authorities should support the repurposing of offices and retail space
The poor state of commercial property market does not inspire much hope for a turnaround
Square Mile’s political head says there are no ‘deal-breakers’ as financial district looks to increase office occupancy
UK Edition