Bloomberg The largest real estate buyout of all time is set for its final chapter as Blackstone Group LP moves towards selling San Francisco’s landmark Ferry Building and two other properties. The waterfront icon, with its soaring clock tower modeled on the 12th-century Giralda bell tower in Seville, will go on the sales block in coming weeks, a decade after ...

Bloomberg The UK election result will create more uncertainty for the London property market, affecting values and sales volumes, real estate brokers say. London homebuilders that develop high-end homes dropped after the hung parliament. Crest Nicholson Holdings Plc fell 6.7 percent, the most in 11 months, and was down 5 percent at 580 pence at 1:16 p.m., making it the ...

Bloomberg Of all the things the UK economy needs, more uncertainty isn’t one of them. Prime Minister Theresa May’s loss of her majority in Parliament after an election gamble has muddied the outlook for oncoming Brexit negotiations and the economy. After a campaign largely devoid of economic arguments, the new government faces a slew of policy challenges and threats to ...