China plans to set up real estate fund worth up to $44 bln – REDD

The Evergrande Center of China Evergrande Group is seen amid other buildings in Shanghai, China, September 24, 2021. REUTERS/Aly Song Register now for FREE unlimited access to Reuters.com Register HONG KONG, July 25 (Reuters) – China is planning to set up a real estate fund that could be worth up to 300 billion yuan ($44.39 … Read more

Blackstone draws over $24 billion commitments for latest real estate fund

The ticker and trading information for Blackstone Group is displayed at the post where it is traded on the floor of the New York Stock Exchange (NYSE) April 4, 2016. REUTERS/Brendan McDermid/File Photo Register now for FREE unlimited access to Reuters.com Register July 20 (Reuters) – Buyout giant Blackstone Inc (BX.N) has secured commitments worth … Read more

China urges banks to extend loans for real estate projects amid mortgage boycott

A woman walks near a construction site of apartment buildings in Beijing, China, July 15, 2022. REUTERS/Thomas Peter Register now for FREE unlimited access to Reuters.com Register SHANGHAI/BEIJING, July 18 (Reuters) – Chinese regulators on Sunday urged banks to extend loans to qualified real estate projects and meet developers’ financing needs where reasonable, in their … Read more

Real estate firm Cushman & Wakefield held in contempt, fined $10,000 a day

July 5 (Reuters) – A New York judge on Tuesday held real estate firm Cushman & Wakefield PLC (CWK.N) in contempt of court for not producing documents subpoenaed in a probe of former US President Donald Trump’s business practices. The judge ordered the company to be fined $10,000 a day until it complied. Attorney General … Read more

Real estate giant appeals ‘each and every part’ of contempt order in New York Trump probe

NEW YORK, July 6 (Reuters) – Cushman & Wakefield (CWK.N), which appraised several properties belonging to Donald Trump, on Wednesday appealed “each and every part” of an order finding it in contempt of court related to subpoenas in a civil probe into whether the former US president manipulated asset values. Justice Arthur Engoron of a … Read more