The real estate developer Tishman Speyer is venturing into the data center sector with its first industrial project in Europe. The company has signed definitive agreement with Samson AG to acquire an 807,000-square-foot location in Frankfurt for the development of a...
Toronto-based Ted Baker Canada, which conducts business operations for Ted Baker Ltd. in the U.S. and the Ted Baker, Brooks Brothers and Lucky Brand stores in Canada, announced the closing of its retail operations. The closures impact 31 U.S. and nine Canadian stores...
A hospital chain’s financial illness, an uncommonly generous charitable donation and Sweden ignoring Jerome Powell’s lead. From the wild and wooly world of real estate, here are the Hits and Misses for the week of May 6-10. Miss: Is There a Doctor in the...
The Bank of Canada is warning that homeowners and renters continue to struggle in adapting to the nation’s new normal of higher interest rates. According to Financial Post coverage, Bank of Canada Governor Tiff Macklen acknowledged the adjustment to higher interest...
Sweden’s central bank is diverging from the strategy advocated by its American counterpart by cutting interest rates. The Financial Times reported the Riksbank’s reduction of its main interest rate by 0.25 percentage points to 3.75% marked the first rate cut for...
When it comes to cities with a surplus number of millionaire residents, the U.S. is the global leader in the 2024 World’s Wealthiest Cities Report published by international wealth migration specialists Henley & Partners in collaboration with the global data...
