GE spins off operations to turn into an aviation-focused firm
GE announced what its Chairman and CEO Larry Culp called a “defining moment,” with plans to form three industry-leading, global public companies focused on the growth sectors of aviation, healthcare a ...
PATRIZIA expands logistics investments with larger footprint in Spain
The investment was made on behalf of a PATRIZIA logistics flagship fund for its institutional clients and further strengthens the already significant logistics portfolio of the firm.
Hilton Athens suspends operations by the beginning of 2022
The Hilton Athens suspends operation of most of its facilities in early 2022, as a major renovation program for the iconic hotel begins and is to change its business model.
FED issues a warning for the US real estate sector
In its biannual report on financial stability, the Fed pointed specifically to the crisis at Evergrande, China's most indebted developer.