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Germany's Slow-Motion Property Crash Is a Looming Risk for Banks

(Bloomberg) As fears about US commercial real estate roiled German banks this month, their message was clear: don’t worry, the vast majority of our property exposure is domestic. Most Read from BloombergBYD’s New $233,450 EV Supercar to Rival Ferrari, LamborghiniA Spike in Heart Disease Deaths Since Covid Is Puzzling ScientistsFreddie Mercury’s London Residence Lists at £30 MillionJacob Rothschild, Financier and Philanthropist, Dies at 87That may not prove the comfort it seems.While the count ....

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London's Iconic BT Tower in £275 Million Sale to MCR Hotels

(Bloomberg) The BT Tower, one of London’s most distinctive buildings, is set to become a hotel after BT Group Plc agreed to sell the site to MCR Hotels for £275 million ($347 million).Most Read from BloombergYour 401(k) Will Be Gone Within a DecadeLargest Covid Vaccine Study Yet Finds Links to Health ConditionsPlay VideoUS Tells Allies Russia May Launch Anti-Satellite Nuclear Weapon Into Space This YearUS Stock Futures Slip Ahead of Nvidia Earnings: Markets WrapThe tower used to provide a num ....

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Investors Bet on London's Oxford Street Bouncing Back

Investors Bet on London's Oxford Street Bouncing Back
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Davidson Kempner Plans Debut Real Estate Fund After CRE Turmoil

Davidson Kempner Plans Debut Real Estate Fund After CRE Turmoil
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Risk of Bank Defaults Spreading to Europe, Man Group Fund Manager Says

Risk of Bank Defaults Spreading to Europe, Man Group Fund Manager Says
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Germany , United-kingdom , London , City-of , German , Jonathan-golan , Tomasz-noetzel , Bloomberg , Holdings-plc , Aareal-bank , Man-group-plc , Japan-aozora-bank-ltd