Sirius Real Estate delivered double-digit rent roll growth in the first half, supported by both organic growth and approximately €150m of acquisitions.
CRE Herald
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Hacks and theft cost cryptocurrency platforms over $3.6 billion in the last 18 months. That’s according to recent findings by CoinGecko, cited in a report Tuesday (Sept. 8) by CNBC, which notes most of these incidents — the results of cyberattacks and stolen passkeys — happened despite the companies conducting security audits. Roughly 88% of the stolen funds and about…
Last spring, New York City Comptroller Mark Levine’s unveiled plans to use the city’s public pension funds to invest $4 billion over the next four years in affordable housing development. Levine is making the first allocation in that plan. The municipal pension funds are investing $300 million into the AFL-CIO Housing Investment Trust, Gothamist reported….
Processing Content Key insight: Citizens Financial Group plans to shut down credit facilities for a pair of clients, CoreCivic and The Geo Group, two of the largest private-prison operators in the country. What’s at stake: The move comes amid growing pressure by activist groups and communities that have called on Citizens to break ties with…
Robinhood’s acquisition of wealth management custodian TradePMR didn’t carry as big of a price tag as Vanguard’s deal to buy Altruist, but the industry may be watching it just as closely. Processing Content That’s because, after completing the roughly $300 million deal last year, TradePMR by Robinhood represents the union of a dominant self-directed investing…
Federal Reserve Gov. Michael Barr.Bloomberg News Processing Content Key insight: One week after the Federal Open Market Committee raised interest rates for the first time in three years, a member of the committee is making the case for further hikes. Expert quote: “In my view, given changes to the economy, we were out of position,…