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Specialist bridging lender Aspen has completed a £2.475 million Bridge-to-Let facility for the acquisition of a four-bedroom penthouse in the Royal Borough of Kensington and Chelsea, marking its second prime central London transaction within seven days. The deal was completed in under three weeks, funding the auction purchase of a property extending to more than…
A growing number of landlords are operating as a full-time business and the number of properties per portfolio is increasing as the rental sector becomes more professional, new data suggests. Pegasus Insight found the average landlord portfolio has risen to 7.3 properties, up from 6.6 in the final quarter of 2025. The trend is particularly…
In a recent appearance on CNBC, Palantir Technologies (PLTR +2.51%) CEO Alex Karp discussed why the company’s approach to artificial intelligence (AI) stands apart from legacy software-as-a-service (SaaS) providers. At a basic level, Palantir develops something called an ontology. Ontologies are structured models that define key inputs — employees, assets, transactions, or events — along…
SocGen FX forwards trading rockets with US fund managers – Risk.net Skip to main content End of drawer navigation content Counterparty Radar: Surge in French bank’s FX forward volumes propels it to second spot in Q1 2026 Pimco’s G10 foreign exchange forwards trading with Societe Generale more than doubled during the first quarter of 2026,…
A larger number of households are projected to see their mortgage repayments rise by the end of 2028, but the increase will be relatively low, the central bank has said. The Bank of England Financial Policy Committee’s (FPC’s) Financial Stability Report said just over five million households would see their repayments rise, compared to…
Melissa Cohn, regional vice president at William Raveis Mortgage in New York, told MPA the pattern was familiar. “Remember when the mansion tax started, and everyone said people aren’t going to buy, and this is a problem, and it’s going to ruin the real estate market? And nothing really happened,” Cohn said. “The mass exodus never…
The 440,000-square-foot space at Downtown Brooklyn’s 422 Fulton Street — the largest block of retail space currently available in New York City and the former site of a Macy’s department store — will become BKX, a five-floor retail and amusement destination that’s being described by developers as a “next-generation cultural and commercial hub,” Commercial Observer…
Testing the discount Premier David Eby has defended the plan as opportunistic buying in a weak market. “Ultimately we’ll be buying below the cost of construction. No developers will be profiting from this,” Eby said. He said the program would not work for units in the City of Vancouver, where prices remain too high, but…
Capital One’s projected credit card losses jumped in its first Federal Reserve’s stress test since acquiring Discover, highlighting the enlarged lender’s heavier exposure to unsecured consumer credit. Projected credit card losses at the bank reached $55.7 billion under the severely adverse scenario in the 2026 Dodd-Frank Act stress test (DFAST), up $20.7 billion, or 59%,…
Seven of 11 Canadian markets recorded positive absorption in the period, with overall net absorption reaching 1.2 million square feet, led by Toronto, Calgary, and Montreal, each of which absorbed more than 300,000 square feet in the quarter. “For the first time since before the pandemic, office leasing momentum remained positive for a fourth consecutive…