Real Estate Services/Transactions

San Francisco Office Market Shows Signs of Life

Sales are slowly materializing as some sellers are finally accepting much lower prices. Source link

10 months ago

$20 Billion Paper Powerhouse to Be Formed by Merger

Smurfit Kappa and WestRock said they reached a tie-up agreement. Tony Smurfit will be CEO of the combined company. Source…

10 months ago

A Mall Owner’s About-Face: Bet on America’s High-End Malls

Updated Sept. 12, 2023 12:16 am ETListen to article(2 minutes)The European owner of Westfield malls is pulling back from its…

10 months ago

OpenAI Launches Business Version of ChatGPT

The new product puts the startup in direct competition with Microsoft, its largest backer and partner. Source link

11 months ago

Heineken Sells Russia Business…for $1

The deal with Russia’s Arnest Group comes after Moscow seized the local assets of Danish beer rival Carlsberg. Source link

11 months ago

China Evergrande Seeks U.S. Court Approval for $19 Billion Debt Restructuring

China Evergrande Group is seeking a U.S. court’s approval to restructure more than $19 billion in the company’s offshore debts,…

11 months ago

Dubai Automaker to Pump Cash Into China Evergrande's EV Business

The Chinese property developer’s fledgling auto unit said NWTN’s $500 million investment would help it meet imminent funding needs. Source…

11 months ago

WeWork Taps Directors With Bankruptcy Chops After Board Resignations

WeWork has brought in a slate of new board members experienced in restructuring troubled companies through bankruptcy to succeed three…

11 months ago

WeWork Raises Doubt About Its Survival

WeWork on Tuesday raised doubt about its ability to stay in business as the co-working space provider faces losses and…

11 months ago

Local Malls, Stuck in 'Death Spiral,' Plunge in Value

Crystal Mall’s cut-rate sales price shows how rapidly the value of America’s regional malls has deteriorated in recent years. Source…

12 months ago