Recent Posts

UK house prices rise for eighth month as BOE sees risks

London / Bloomberg U.K. house prices rose for an eighth month in February as rental investors rushed to purchase homes before a tax increase, Nationwide Building Society said. The average price of a home climbed 0.3 percent from January to 196,930 pounds ($277,000), the lender said in a statement on Thursday. The annual rate of growth accelerated to 4.8 percent ...

Read More »

Accor, HNA said to bid for Radisson owner Carlson Rezidor

Bloomberg Accor SA, the biggest hotel operator in Europe, and Chinese conglomerate HNA Group Co. are among companies considering bids for Carlson’s hotel group, which includes the Radisson and Park Plaza brands, according to people with knowledge of the matter. Carlson Rezidor Hotel Group could fetch about $2 billion in a sale, and a buyer could be chosen as soon ...

Read More »

Vonovia’s 2015 profit doubles on acquisitions, new revenues

BERLIN / Bloomberg Vonovia SE, the German property company that last month failed in an attempt to buy its largest competitor, said full-year profit more than doubled after it added properties and tapped new revenue sources. Funds from operations excluding sales, a measure of a real estate company’s ability to generate cash, rose to €608 million ($660 million) from €286.6 ...

Read More »
Send this to a friend