US Office Real Estate Crisis: Only Two New Skyscrapers Inaugurated in New York by 2025

US Office Real Estate Crisis: Only Two New Skyscrapers Inaugurated in New York by 2025

In New York, for the first time in decades, only two new skyscrapers will be inaugurated by the end of 2025. Reuben Teo Jia Chyau/ReubenTeo – stock.adobe.com DECRYPTION – Employees’ refusal to return to the traditional way of working prior to the Covid pandemic persists. For the US office real estate market, the prospects for … Read more

Kering’s Acquisition of 10,700 Square Meter Building on 5th Avenue in New York for 963 million dollars

Kering’s Acquisition of 10,700 Square Meter Building on 5th Avenue in New York for 963 million dollars

By Le Figaro with AFP Published 2 hours ago, Updated 10 minutes ago Kering’s investment is estimated at 885 million euros. ERIC PIERMONT / AFP The French luxury group has acquired a 10,700 square meter building, described as a “new step in (its) selective real estate strategy”. The French luxury group Kering announced this Monday … Read more

BNP Paribas Personal Finance Amicable Solution with CLCV After Deceptive Commercial Practices Appeal

BNP Paribas Personal Finance Amicable Solution with CLCV After Deceptive Commercial Practices Appeal

By Le Figaro with AFP Published yesterday at 07:11, Updated yesterday at 09:26 At the end of November, BNP Paribas Personal Finance (BNPPF) was found guilty on appeal of deceptive commercial practices and concealment, for having concealed the risks of its Swiss franc loan Helvet Immo Florence Piot / stock.adobe.com The French bank found an … Read more

BNP Paribas Reaches Settlement in Helvet Immo Case with CLCV Consumer Association, Costing Up to 600 Million Euros

BNP Paribas Reaches Settlement in Helvet Immo Case with CLCV Consumer Association, Costing Up to 600 Million Euros

It’s time to reach a consensus. Following his conviction on appeal at the end of November in the Helvet Immo case, BNP Paribas found an amicable solution with the CLCV consumer association, which could cost between 400 and 600 million euros. The consumer protection association Consumption, Housing and Environment (CLCV) “found, at the proposal of … Read more