Cisco sees record results from an AI ‘supercycle,’ but its stock pulls back
An 18% revenue surge and blowout 2027 forecast weren’t enough to sustain Cisco’s stock momentum.
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An investment fund managed by Goldman Sachs snatched up a newly built, 397-unit multifamily asset behind Nova Southeastern University in Davie for $154.5M. Modera Academical Village I at 3440 SW 76 Terrace in Davie, Florida Goldman purchased Modera Academical Village I from Mill Creek Residential for nearly $390K per unit, according to property records provided…
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Brisbane commercial assets continue to lead the way
Commercial investors in Brisbane continue to reap the benefits of the city’s strong yields, leading the way nationally across retail, office and industrial assets. According to REA’s latest Commercial Yield Report, transaction activity rose over the June quarter, despite interest rate increases weighing on buyer demand. The report found that, broadly, yields declined across industrial…
Bank of England to relax leverage rules for UK banks
The BoE also plans to remove an additional leverage buffer that mainly affects larger domestic-focused lenders. Credit: William Barton/Shutterstock.com The Bank of England (BoE) plans to loosen a key capital rule for UK lenders, in a move aimed at helping banks maintain lending and support financial markets during periods of stress. The proposal centres on…
