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Read more about Iconic CST project may fetch winning bidder Rs 10K cr in home sales on Business Standard. Developers can earn around Rs 800 crore a year in rent if they go for a combination of retail and office projects, experts said
For those who live in urban centers, navigating life during COVID-19 has meant rethinking use of public green spaces.
The number of monthly construction administrations rose in February, Construction News can reveal. There were 16 administrations in the sector in February, according to data provided by Creditsafe. This compares to 12 in January. The latest monthly figure is well down on February 2020, when a total of 35 firms collapsed. Analysts have previously predicted that the number would rise when government support schemes such as furlough come to an end. In yesterday’s Budget, chancellor Rishi Sunak extended the furlough scheme and introduced further government-backed loans of up to £10m, in a bid...
(Bloomberg) -- A property-focused lending firm set up by two former Citadel traders has received a 100 million-euro ($120 million) credit facility from Goldman Sachs Group Inc.Stronghold Asset Management will use the funds to support growth and provide direct loans for residential developments, the Madrid-based company said in a statement posted on its LinkedIn page Tuesday.“This funding commitment from Goldman Sachs is an important step forward in the execution of our ambitious business plan,” said Matt Calner, Stronghold’s co-founder.A representative for Goldman Sachs co...