Real Estate (TRBC)

Global commercial insurance rates up 19% in second quarter – Marsh

Global commercial insurance rates up 19% in second quarter – Marsh

Published 10/08/2020

LONDON (Reuters) - Global commercial insurance rates rose 19% in the second quarter, driven higher by claims related to COVID-19 and other large losses, insurance [more…]

UK proposes cash back breathing space for property funds

UK proposes cash back breathing space for property funds

Published 03/08/2020

LONDON (Reuters) - Investors in property funds should wait up to 180 days before they can get their money back to avoid widespread suspensions in [more…]

Cohen’s Point72 to open Warsaw office for some back office teams

Cohen’s Point72 to open Warsaw office for some back office teams

Published 17/07/2020

BOSTON(Reuters) - Billionaire investor Steven A. Cohen’s Point72 Asset Management is opening the $16.2 billion firm’s latest satellite location in Warsaw and moving some back [more…]

Prosecutors may not get Trump tax records until after election, experts say

Prosecutors may not get Trump tax records until after election, experts say

Published 11/07/2020

WASHINGTON (Reuters) - New York City prosecutors are very likely to obtain President Donald Trump’s tax returns after a major U.S. Supreme Court ruling, but [more…]

Hyatt to lay off 1,300 employees as pandemic cripples travel

Hyatt to lay off 1,300 employees as pandemic cripples travel

Published 12/05/2020

(Reuters) - Hyatt Hotels Corp (H.N) said late Monday it would lay off 1,300 people globally as it tries to cope with the coronavirus crisis, [more…]

WeWork directors seek to preserve right to sue owner SoftBank

WeWork directors seek to preserve right to sue owner SoftBank

Published 12/05/2020

(Reuters) - A special committee of WeWork board members filed a motion in Delaware on Monday to prevent it from being disbanded, as it pursues [more…]

Cell towers, warehouses look like safe plays in U.S. real estate

Cell towers, warehouses look like safe plays in U.S. real estate

Published 07/04/2020

NEW YORK (Reuters) - Some top-performing U.S. fund managers see opportunities in one of the sectors hardest hit by the coronavirus pandemic, cautiously increasing stakes [more…]

Saudi king earmarks $2.4 billion to pay private-sector workers

Saudi king earmarks $2.4 billion to pay private-sector workers

Published 03/04/2020

RIYADH (Reuters) - Saudi Arabia’s King Salman has ordered up to 9 billion riyals ($2.4 billion) to be disbursed to pay part of the wages [more…]

Your Money: Coronavirus fears shake Yale economist Robert Shiller

Your Money: Coronavirus fears shake Yale economist Robert Shiller

Published 19/03/2020

NEW YORK (Reuters) - In scary times like these, it is comforting to talk to someone who has seen and studied a lot of things [more…]

Tycoon Li Ka-shing gives $13 million to Chinese city at virus epicenter

Tycoon Li Ka-shing gives $13 million to Chinese city at virus epicenter

Published 10/02/2020

HONG KONG (Reuters) - The Li Ka-Shing Foundation, a charitable organization founded by the Hong Kong billionaire, has donated HK$100 million ($12.9 million) to the [more…]