Real estate brokerage backed by SoftBank rises in public debut
SoftBank-backed Compass rose in its Wall Street debut, shaking off earlier signs of investor caution about the brokerage’s ambitions to…
Real estate brokerage backed by SoftBank scales back IPO
SoftBank-backed Compass raised only about half the total it originally expected from its initial public offering, a sign that investors…
UK house price growth slows in March
UK house price growth slowed in March, according to a leading mortgage provider, as analysts predicted the market would remain…
Evergrande claims deleverage success after Beijing crackdown
Evergrande said it had slashed its debt by almost a quarter despite a drop in earnings, as the Chinese property…
Detached homes close to central London enjoy biggest price rises
Detached houses close to the centre of London have seen the biggest price increases over the past year, according to…
Leasehold contracts have had their day
As a feudal relic it was, perhaps, inevitable that Britain’s leasehold system of property ownership would lead to exploitation. Under…
Only one-fifth of UK commercial rent paid in latest quarter
Commercial tenants in the UK have paid just a fifth of the rent they owe for the latest quarter, raising…
JPMorgan and Goldman handed mall stakes after American Dream turns sour
JPMorgan Chase, Goldman Sachs and a group of real estate investors are set to take a stake in Mall of…
English court finds fault with Vatican request in property case
A junior Vatican official claimed he was blackmailing a cardinal and offered to bribe a businessman with an escort during…
Pacaso: $1bn start-up gives timeshares a lux reboot
Timeshares carry unsavoury connotations of dodgy deals, half-built flats and ruinous upkeep. Pacaso, a San Francisco-based second home start-up that…