CTS Eventim profit dips as live entertainment revenue falls

Conservative businessman Omeed Malik, a close Trump ally and business partner of Donald Trump Jr., has stepped down from the board of Fannie Mae. The government-sponsored mortgage giant said in a filing with the Securities and Exchange Commission on Tuesday that Malik resigned from the board of directors, effective October 30. Malik is president of…

Maslow Capital has provided a £238 million development finance facility to a joint venture between Arada London and the Shaw Corporation for a mixed-use scheme in Southwark. The facility will fund Devonshire Place, comprising 941 purpose-built student accommodation beds and 200 affordable homes on the Old Kent Road. The development finance facility covers a student…

The salary required to rent an average home in London has fallen by 17% year-on-year, marking a significant shift in the capital’s rental market, according to data from Propertymark’s latest Rental Price and Average Salary Tracker. The trade body’s analysis shows the representative annual salary needed to secure an average-priced rental property in London dropped…

Tasmania has bucked the trend of cooling market conditions, with the Apple Isle holding firm while the nation broadly declined. As the property market slowed across most major markets, Tasmania’s centres of Hobart, Launceston, and Devonport performed quite strongly, according to data from Cotality. The data found that the 1.4 per cent uptick in Hobart’s…

This article was written by Follow Long-only investment, evaluating companies from an operational, buy-and-hold perspective.Quipus Capital does not focus on market-driven dynamics and future price action. Instead, our articles focus on operational aspects, understanding the long-term earnings power of companies, the competitive dynamics of the industries where they participate, and buying companies that we would…