The company raised its earnings outlook after delivering operational growth across its flagship retail destinations and completing its first major external acquisition in more than a decade. Your trusted source for commercial real estate intelligence, insights, and market analysis. Register for free to access two complimentary articles per month, or Subscribe to unlock unlimited CRE…
BOE Bailey is back on the wires saying: Disinflation is proceeding slowly. Labour market is weakening gradually. Markets are pricing and potential interest rate increases While a low hire rate, economy is contributing to unemployment The BOE Rate unchanged today with a vote of 6-3. In his press conference, Bank of England Governor Andrew Bailey…
Architecture firm Rock Architecture & Engineering has signed a 3,835-square-foot deal to extend and expand its presence at GFP Real Estate’s 630 Ninth Avenue, the landlord announced Thursday. The firm, which specializes in building restoration projects and gets its name from a focus on solid foundations, will move from the sixth floor to the 10th floor of…
Mid-cap mutual funds are often considered a middle ground between large-cap and small-cap funds. These schemes invest mainly in medium-sized companies that are considered to have greater growth potential than established large-cap companies, while carrying relatively lower risk than small-cap stocks. Under the Securities and Exchange Board of India (SEBI) categorisation norms, mid-cap funds are…
Microsoft (MSFT +15.15%) stock is up 13% today on the strength of quarterly earnings that saw revenue increase 18% and cloud computing revenue exceed $100 billion for the first time. But I believe the most significant number in Microsoft’s fiscal fourth-quarter earnings report is $19.6 billion — the free cash flow the company generated despite…
Mortgage rates have surged to their highest level in a year, after a divided Federal Reserve opted to hold its key interest rate steady while signaling potential future hikes as the conflict in Iran continues to fuel inflation. The average rate on 30-year fixed home loans hit 6.66% for the week ending July 30, up…
News Published: Thursday, July 30, 2026, 17:57 [IST] Swiggy reported a narrower consolidated loss for the first quarter of FY27, supported by strong revenue growth and improving unit economics in its quick-commerce business. The food and grocery delivery platform continued to invest in expansion, but its latest earnings indicate that operational efficiencies are beginning to…
The Richman Group and Monadnock Development are the latest to try their hand at building a big project in East Harlem. Richman filed plans for a 14-story, mixed-use project at 243 East 125th Street, according to a job application. The building is set to span nearly 370,000 square feet and contain 828 apartments. The development…
The husk of John Dewberry’s Campanile Building in Midtown is now clear of debt. Bisnow/Jarred Schenke The Campanile, now known as The Midtowne, in its unfinished state as of 2025 ACORE Capital, which controlled a $75M loan on the 20-story tower, returned the title to an LLC controlled by the real estate mogul, according to a…
A rude awakening could be awaiting this year’s college graduates heading to New York City for work. Realtor.com reported that they are looking at the most expensive rental market the city has posted since it began tracking that data in 2019. The median asking rent climbed to $3,707 in the second quarter of 2026, up…