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CEO Darren Steinberg said he believed the office sector was nearing the bottom, which should in turn help unfreeze a market that has seen very few sales as buyers wait to see how far prices will fall.
Australian real estate firm Dexus reported its second steepest half-yearly loss since 2008 on Wednesday as higher rates slashed roughly A$600 million off its large portfolio of office towers. ...
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Stock futures were pointing higher after Tuesday's inflation data-induced selloff, Kraft Heinz's sales fell short of expectations, while Cisco reports after the closing bell. Lyft went on a wild ride after its earnings report and Uber announced a $7 billion stock buyback. Here’s what investors need to know today.
Shares of Australian wealth manager AMP staged their steepest gains in 21 months after it recorded a better-than-expected rise in underlying annual profit and announced a large return of capital, even...
By Andrea Figueras EssilorLuxottica reported higher revenue and profit for 2023 as a whole, despite inflationary headwinds that hurt cost items, particularly the cost of labor. The...