— Journal · Page 48
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News &
market analysis.

Observations, data and analysis on the premium real estate market in Munich, Bavaria, Germany and worldwide — straight from our concierge practice.

Delshah Capital acquires five Upper West Side apartment buildings for $37 million – AI-generated illustrative image
AI generated
Transaction
·2 min read

Delshah Capital acquires five Upper West Side apartment buildings for $37 million

Delshah Capital has acquired five residential buildings on Manhattan's Upper West Side from Quality Capital USA for $36.9 million.

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NYC Taxi and Limousine Commission Leases 39,000 sq ft at 250 Broadway from AmTrustRE – AI-generated illustrative image
AI generated
Leasing
·2 min read

NYC Taxi and Limousine Commission Leases 39,000 sq ft at 250 Broadway from AmTrustRE

The New York City Taxi and Limousine Commission is relocating its headquarters to AmTrustRE's 250 Broadway, occupying 39,000 square feet.

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Goldman Sachs Group invests 116 million US dollars in renovation of affordable housing in Syracuse – AI-generated illustrative image
AI generated
Development
·3 min read

Goldman Sachs Group invests 116 million US dollars in renovation of affordable housing in Syracuse

The Goldman Sachs Group is providing 116 million US dollars for the extensive renovation of a large affordable housing complex in Syracuse, as part of a tota…

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Bank of England holds key interest rate at 3.75% amidst persistent inflation concerns – AI-generated illustrative image
AI generated
Market analysis
·1 min read

Bank of England holds key interest rate at 3.75% amidst persistent inflation concerns

The Bank of England has kept the key interest rate at 3.75% for the fifth consecutive time, with three committee members voting for a hike.

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First-time Buyers Face Rising Mortgage Costs and Higher Deposits – AI-generated illustrative image
AI generated
Market analysis
·2 min read

First-time Buyers Face Rising Mortgage Costs and Higher Deposits

According to an analysis by Moneyfacts, first-time buyers are facing increasing financial pressure due to rising mortgage rates and increased deposit require…

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Mortgage Fraudster from Cheshire Sentenced for £200,000 Fraud – AI-generated illustrative image
AI generated
Market analysis
·2 min read

Mortgage Fraudster from Cheshire Sentenced for £200,000 Fraud

A man who posed as a mortgage advisor and defrauded four individuals of over £200,000 received a suspended sentence at Chester Crown Court.

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Property transactions in London take an average of six months to complete – AI-generated illustrative image
AI generated
Market analysis
·2 min read

Property transactions in London take an average of six months to complete

Property purchases in London require an average of 174 days from sale agreement to final handover, making the capital the slowest region in the UK.

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UK Property Market Stabilises in July – AI-generated illustrative image
AI generated
Market analysis
·1 min read

UK Property Market Stabilises in July

In July, the UK property market showed initial signs of stabilisation, with the annual gap in agreed sales narrowing.

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UK Property Transactions Now Take 216 Days to Complete – AI-generated illustrative image
AI generated
Market analysis
·1 min read

UK Property Transactions Now Take 216 Days to Complete

Estate agents in the UK are experiencing the longest waiting times for commission payments, as the average house sale now takes 216 days from listing to comp…

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Ian Slater of Trove Partners on New York’s Pied-à-terre Tax and Owners' Initial Reactions – AI-generated illustrative image
AI generated
Market analysis
·3 min read

Ian Slater of Trove Partners on New York’s Pied-à-terre Tax and Owners' Initial Reactions

In an interview, Ian Slater of Trove Partners explains the impact of New York City's new pied-à-terre tax on luxury second homes, with initial sales intentio…

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Rock Architecture & Engineering expands to 4K sq ft at GFP's 630 Ninth Avenue – AI-generated illustrative image
AI generated
Leasing
·1 min read

Rock Architecture & Engineering expands to 4K sq ft at GFP's 630 Ninth Avenue

The architectural firm Rock Architecture & Engineering has agreed an expansion and extension of its presence at GFP Real Estate's 630 Ninth Avenue property,…

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Torchlight Investment provides US$52 million for Indianapolis acquisition – AI-generated illustrative image
AI generated
Transaction
·2 min read

Torchlight Investment provides US$52 million for Indianapolis acquisition

Hudson Investing has received US$52.1 million from Torchlight Investment for the acquisition of Maple Knoll Apartments in Indianapolis.

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Mezcali founders open new fusion concept in Financial District – AI-generated illustrative image
AI generated
Leasing
·2 min read

Mezcali founders open new fusion concept in Financial District

The founders of restaurants Mezcali and The Malt House have signed a lease for a new fusion restaurant called Solerum in Manhattan's Financial District.

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Vici Properties Ready to Build NBA Arena in Las Vegas – AI-generated illustrative image
AI generated
Development
·3 min read

Vici Properties Ready to Build NBA Arena in Las Vegas

Executives of the largest landowner on the Las Vegas Strip signal readiness to construct a professional sports complex on their extensive properties in the c…

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Blackstone Mortgage Trust reports net loss in Q2 amidst focus on portfolio diversification – AI-generated illustrative image
AI generated
Market analysis
·2 min read

Blackstone Mortgage Trust reports net loss in Q2 amidst focus on portfolio diversification

Blackstone Mortgage Trust (BXMT) recorded a net loss of $81.2 million in the second quarter of 2026 but plans to re-align its portfolio by selling office loa…

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Fed leaves key interest rate unchanged: High mortgage rates amidst rising Iran war risks – AI-generated illustrative image
AI generated
Market analysis
·2 min read

Fed leaves key interest rate unchanged: High mortgage rates amidst rising Iran war risks

The Federal Reserve has maintained its key interest rate, indicating continued caution as policymakers balance robust economic performance with persistent in…

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Balcony Expands County Partnerships to $400 Billion in Property Value – AI-generated illustrative image
AI generated
Market analysis
·2 min read

Balcony Expands County Partnerships to $400 Billion in Property Value

Proptech company Balcony announces that the parcel data and property values supported on its Keystone platform in US counties have nearly doubled since early…

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JLL reports high revenue growth in second quarter despite global conflicts – AI-generated illustrative image
AI generated
Market analysis
·2 min read

JLL reports high revenue growth in second quarter despite global conflicts

JLL reported impressive results for the second quarter of the financial year, with significant improvements in cash flow, revenue, and net income.

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Brand Urban strengthens retail team with six new hires from Alvarez & Marsal – AI-generated illustrative image
AI generated
Market analysis
·2 min read

Brand Urban strengthens retail team with six new hires from Alvarez & Marsal

The retail property consultancy Brand Urban is expanding its capabilities by acquiring a six-person team from Alvarez & Marsal Property Solutions.

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For Data Centres: The Importance of a Local Balance Sheet – AI-generated illustrative image
AI generated
Market analysis
·4 min read

For Data Centres: The Importance of a Local Balance Sheet

Every data centre project generates an enormous amount of information, yet rarely is there a central place where this converges, which complicates evaluation…

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£13m funding secures 33-unit residential project in Birkdale – AI-generated illustrative image
AI generated
Development
·1 min read

£13m funding secures 33-unit residential project in Birkdale

United Trust Bank has provided £13m in development finance for a residential project in Birkdale, enabling the construction of 33 housing units on the northw…

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Foxtons: Profit Plunges by 57 Percent Due to Rental Reforms and Market Weakness – AI-generated illustrative image
AI generated
Market analysis
·1 min read

Foxtons: Profit Plunges by 57 Percent Due to Rental Reforms and Market Weakness

London estate agency Foxtons reported a significant 57 percent drop in pre-tax profit to £4.4 million in the first half of the financial year, influenced by…

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Specialist Lender Approves Holiday Let in Oxfordshire – AI-generated illustrative image
AI generated
Transaction
·1 min read

Specialist Lender Approves Holiday Let in Oxfordshire

A specialist mortgage provider has completed financing for a holiday property in Burford, Oxfordshire, illustrating the specific lending criteria applicable…

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New York City issues partial stop-work order for SL Green's redevelopment project at 750 Third Avenue – AI-generated illustrative image
AI generated
Development
·2 min read

New York City issues partial stop-work order for SL Green's redevelopment project at 750 Third Avenue

The New York City Department of Buildings has issued a partial stop-work order for SL Green's 805 million dollar redevelopment project at 750 Third Avenue in…

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Data Centre Giant Equinix Raises 2026 Outlook After Strong Second Quarter – AI-generated illustrative image
AI generated
Market analysis
·3 min read

Data Centre Giant Equinix Raises 2026 Outlook After Strong Second Quarter

Equinix, a large data centre REIT, has significantly raised its revenue forecast for 2026 and expects double-digit annual revenue growth until 2029.

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Costs for Commonhold Ownership: Uncertainties in Reform Legislation – AI-generated illustrative image
AI generated
Market analysis
·2 min read

Costs for Commonhold Ownership: Uncertainties in Reform Legislation

The financial implications of the UK government's proposed commonhold reforms remain uncertain, although the new ownership system is expected to reduce costs…

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AI Platform Identifies 21,000 Property Owners Under Sales Pressure – AI-generated illustrative image
AI generated
Market analysis
·1 min read

AI Platform Identifies 21,000 Property Owners Under Sales Pressure

An AI-powered analysis by the brokerage network EXP has identified over 21,000 property owners in England and Wales who may be under pressure to sell their h…

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Mortgage Approvals Rise in June but Remain Below Average – AI-generated illustrative image
AI generated
Market analysis
·2 min read

Mortgage Approvals Rise in June but Remain Below Average

The number of mortgage approvals for house purchases in the United Kingdom increased in June 2026, but remains below the six-month average, signalling contin…

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Newmark surpasses earnings forecasts with 16% increase in capital markets business – AI-generated illustrative image
AI generated
Market analysis
·3 min read

Newmark surpasses earnings forecasts with 16% increase in capital markets business

Newmark surpassed its earnings forecasts for the second quarter of the 2026 financial year, supported by a robust capital markets business and a 17 per cent…

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BXP Secures $1.2 Billion Construction Loan for 343 Madison Avenue Office Skyscraper – AI-generated illustrative image
AI generated
Development
·3 min read

BXP Secures $1.2 Billion Construction Loan for 343 Madison Avenue Office Skyscraper

BXP, the largest owner of Class A office space in the USA, has received a $1.2 billion construction loan for its office skyscraper project at 343 Madison Ave…

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