Several of China’s major property developers saw significant drops in bond and stock values following weak home sales data that underscored the country’s worsening real estate crisis. China Vanke Co.’s…
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Several of China’s major property developers saw significant drops in bond and stock values following weak home sales data that underscored the country’s worsening real estate crisis. China Vanke Co.’s…
Blackstone Inc. is issuing $1.05 billion in commercial mortgage-backed securities (CMBS) to help finance its April acquisition of apartment landlord AIR Communities. The debt issuance consists of six tranches, with…
The real estate sector is undergoing significant changes following the introduction of new rules for the 1.5 million members of the National Association of Realtors (NAR), which began last month.…
In May, China’s central government urged over 200 cities to purchase unsold homes in an effort to reduce the oversupply in the property market. More than three months later, just…
UniCredit SpA has acquired a 9% stake in Commerzbank AG, elevating it to the position of the bank’s second-largest investor. This acquisition includes a 4.5% stake purchased from the German…
U.S.-based investment firm Castlelake is contemplating the sale of its majority stake in Spanish real estate company Aedas Homes, according to a Wednesday report by Spanish newspaper Cinco Dias, citing…
British online fashion retailer Boohoo has announced that it will shift its U.S. customer fulfillment operations from its Pennsylvania distribution center back to the UK. This change will lead to…
Inditex, the parent company of Zara, announced a significant rebound in sales for its initial autumn-winter collections on Wednesday, counteracting a slower sales period earlier in the year that matched…
GameStop’s (GME) second-quarter revenue fell short of Wall Street’s expectations, declining by 31% year-over-year to $798 million. Despite this drop, the video game retailer reported a surprise profit of $14.8…
Germany experienced a 10.7% year-on-year increase in insolvencies for August, as reported by the federal statistics office on Wednesday. This rise underscores the continuing economic challenges faced by companies in…
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