Markets
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The pandemic costed 4 million tourism workers in the US their jobs

The pandemic has been devastating to the hospitality industry workforce, which is down nearly 4 million jobs compared to the same time in 2019.

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Amazon to build homes for its middle executives

Amazon has announced plans to create or preserve up to 20,000 affordable homes in areas close to its US facilities.

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The "Big Apple's" biggest investment sales of 2020

New York’s investment sales market is often seen as a barometer for real estate the world over.

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Primark agreement with the French Klepierre

Primark, the international retailer, confirmed it has signed leases with Klépierre, the European leader in shopping malls, to open seven new stores.

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Mobile office plans

An "office on wheels", a revolutionary concept, was created by Jack Carter, former executive of 83-year-old Renzo Piano architectural office.

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Homebuyers moving away from open-plan spaces

The coronavirus pandemic has changed demands in the housing market: not only in the wider category but also in home design.

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  News Deals  |  REIC  |  International
Big deal in the European market

Oxford Properties, the real estate arm of Canadian pension fund OMERS, is in talks to buy pan-European investor and asset manager M7 Real Estate in a deal that could be worth close to €5.2 billion.

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  News Economy  |  International  |  Office
What do tenants in downtown Los Angeles pay?

In 2013, Brookfield Property Partners became Downtown Los Angeles’ biggest landlord — by acquiring the company that previously held that title, MPG Office Trust.

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  News REIC  |  Greece
End titles for the Kallitsantsi administration in Ellactor

During the General Meeting of the listed company the shareholders proceeded to vote against the first two items of the agenda, which concerned the reduction and increase of the share capital of ELLAKTOR, while the proposal of the Dutch for the appointment of a new management "passed" with a percentage of 61.27%.

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Comp proposes a Solomonian solution for Thriasio

The development of the freight center in the Thriasio field is becoming more vague, after the "ultimatum" of the EU Competition Commission (DG Comp) which requests, for the implementation of the project, on the one hand the doubling of the entrance fee by the concessionaire at the same time with the reduction of the concession period to 37 years, while stipulating that “if the return on investment exceeds 9% this will be shared between the parties ", without however specifying whether this concerns the excessive percentage or determining how it will be shared.