The Green Street Advisors Commercial Property Price Index remained unchanged in January as investors stayed cautious about the direction of the U.S. economy.
Goldman Sachs relinquished its shares in Japanese real-estate firm Simplex Investment Advisors to private-equity firm Aetos Capital, which is betting on a recovery in Tokyo property prices.
Feb. 22 (Bloomberg) — Bob McKee, chief economist at Independent Strategy Ltd. in London, says unrest in the Middle East will continue to affect global markets for a few weeks.
Feb. 16 (Bloomberg) — Ross Walker, an economist at Royal Bank of Scotland Group Plc, says market confidence in the Bank of England is “beginning to wear a bit thin,” and an interest rate hike is likely in May.
Feb. 16 (Bloomberg) — Ross Walker, an economist at Royal Bank of Scotland Group Plc, says market confidence in the Bank of England is “beginning to wear a bit thin,” and an interest rate hike is likely in May.
Feb. 11 (Bloomberg) — Shadi Hamid, director of research at the Brookings Institution’s Doha Center, says there are “increasing signs” in Egypt that “the military is beginning to side with the regime” of Hosni Mubarak.