The partnership will target retail parks across Western Europe and Poland, with an initial portfolio comprising assets in France, Spain and Portugal.
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Russia says it struck vessels and military facilities supporting Ukraine in Odesa, Mykolaiv
Billionaire investor Warren Buffett has officially stepped down as chairman of Berkshire Hathaway—marking the end of an extraordinary era for the 96-year-old businessman, whose approach to real estate has long been almost as unconventional as his investing career. Berkshire Hathaway announced on Sept. 18 that Buffett has been named chairman emeritus, effective immediately, while his…
A common standards framework and a cloud-native execution platform have unified pricing, risk and analytics across Citi Markets, without replacing the quant libraries the business already trusted. In an exclusive interview with Risk.net, senior leaders from Citi’s Markets Quantitative Analysis (MQA) and Technology teams explain how Most technology strategies are built around the requirements a…
Construction workers stand in front of a multi-unit residential housing development in Encinitas, California, October 6, 2025. Mike Blake | Reuters America’s housing industry is under pressure to build more homes with a shrinking pool of skilled labor. Robotics and automation offer one potential answer, but the biggest gains so far are not coming from…
A New Jersey developer is suing its lender, alleging the firm strung it along with promises of a HUD refinancing while an affiliate positioned itself to take a $100 million Newark apartment tower for a fraction of its value. Tona Construction and Management filed an adversary complaint against Bravo Capital and its affiliate BPT 50S…
PennyMac Financial Services admitted its second quarter results failed to meet expectations because of high interest rates, as well as funding the technology initiatives in artificial intelligence and automation. Processing Content “Although our operational execution remains solid, these results fell short of our expectations as interest rates increased and origination demand declined,” Chairman and CEO…