Real Estate/Construction
- Finance
Brookfield Asset Management makes £4bn swoop for HomeServe
Brookfield Asset Management has agreed to buy London-listed repair services company HomeServe in a £4bn deal. The Canadian alternative investment giant…
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Builders slow work on new homes as rising mortgage rates temper demand
The numbers: Construction of new houses fell slightly in April for the second month in a row, suggesting that rising mortgage…
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U.S. stocks attempt bounce after Nasdaq’s biggest dive since 2020
U.S. stocks traded higher early Wednesday, with investors sizing up a mixed batch of results from Boeing Co., Microsoft Corp.…
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Deloitte cuts London office space by a third in hybrid working overhaul
Deloitte has cut its office space in London by a third in a major shift to hybrid working in the wake of…
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Private equity firms overhaul London offices in the wake of Covid
In the wake of Covid, buyout bosses are rethinking the future of the office. Private equity and venture capital firms have been…
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Evergrande ropes in advisers to review $2bn cash seizure
A quartet of outside law firms and accountants will help probe how banks ended up taking control of more than $2bn at…
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Guy Hands’ life in PE: From bullies in the playground to threats from Russian mobsters
In 2007, at the height of the buyout boom, Guy Hands was riding high. The self-styled king of British private…
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Evergrande plans fund raise with sale of stake to state firm
China Evergrande Group said it plans to raise about $1.5bn by selling a minority stake in a Chinese bank to…
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Revolut pays in bitcoin for new WeWork office space
Fintech firm Revolut is the first WeWork member company to sign for its latest new workspace in cryptocurrency. The challenger bank will use…
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