<p>New York City is asking: If biotech can make it anywhere, can't it make it here? The city government is asking for proposals on how to use $100 million in funds and city land to create a "life sciences hub" with the goal of making the city competitive with Boston and San Francisco as a place to start biotechnology companies.</p>
Part of Saks Fifth Avenue’s Manhattan flagship store could be turned into luxury condominiums if one activist investor has his way. Jonathan Litt, who runs the hedge fund Land and Buildings, wrote a letter to Canadian retail giant Hudson’s Bay Company’s board Monday urging it to consider new directors, taking the public company private and selling off its subsidiary Saks Fifth Avenue, Bloomberg reported. A Saks sale could also allow the company to turn the […]
Original article From Greenwich time By Ken Borsuk GREENWICH — Hedge fund giant Paul Tudor Jones has confirmed his company’s intention to sell its property on King Street to Brunswick School, a move that could enlarge the private school’s campus by almost half and nearly double its classroom space.
Chinese investors will pour some $1 trillion (C$1.27 trillion) into real estate around the world over the next decade, of which a considerable amount is likely to land in Canada, according to Juwai, China's largest real estate portal. The country is the fourth-largest destination for Chinese real estate investment, behind the U.S., Australia and Hong Kong.
Hedge fund industry executive Anthony Scaramucci, an advisor to U.S. President Donald Trump, has been named chief strategy officer of the U.S. Export-Import Bank, a source familiar with the appointment said on Tuesday. Scaramucci, a Republican fundraiser, has been working at the Washington-based bank since the middle of June and also remains in consideration to become ambassador to the Organization for Economic Cooperation and Development.
Google has been making major development moves in downtown San Jose and recently the City Council agreed to negotiate a sale of 16 parcels of land owned by the city. Here's how this real estate investment can benefit the company and the area.
Paul Pittman, the land group's chief executive, says that it is mulling a Canadian deal, seeing land prices as in for long-term growth
Taubman Centers, which operates Dolphin Mall and is planning the retail component of Miami Worldcenter, is battling with activist investor Jonathan Littâs hedge fund, after it filed documents to nominate Litt and a corporate governance guru to Taubmanâs board. Taubman, a Bloomfield Hills, Michigan-based real estate investment trust, said in a filing with the Securities and Exchange Commission that it has reviewed the nominees from the hedge fund, Land & Buildings Investment Management LLC, and ... [more]
<p><span class="m_first-letter m_first-letter--flagged">A</span> <a href="http://www.telegraph.co.uk/news/worldnews/asia/china/">Chinese</a> company has confirmed the purchase of the ‘Cheesegrater’, the tallest building in the City of London, in what has been dubbed China’s biggest investment in the UK property market.</p> <p>CC Land Holdings Ltd, which is controlled by property tycoon Cheung Chung-kiu, announced that one of its subsidiaries bought 122 Leadenhall Street for £1.135 billion.</p>