CIM Group completed the acquisition of Domain WeHo, a 166-unit apartment community in West Hollywood, in partnership with Hulic Co., Ltd. Although terms were not disclosed, LA Business First reported that the previous owner, RREEF Property Trust, paid more than $103 million in 2019. Domain is a seven-story building with 9,185 square feet of ground-floor…
Julius Baer said it is aiming for gross efficiency gains of SFr130m by 2028. Credit: Taljat David/ Shutterstock.com. Julius Baer’s first-half profit more than doubled on sustained money inflows, rebounding from prior-year losses tied to credit provisions and a Brazilian divestment. The Swiss wealth manager reported IFRS net profit of SFr673m ($831.2m) for the six months to June 2026, up 128% from SFr295m in the first half of 2025. Access…
Are you a non-resident Indian, and do you have to file income tax returns (ITR) in India this year? The process is slightly different from the traditional filing for returns for Indian residents, but it is not as complicated as before. If your income in India exceeds Rs 2.5 lakhs as per the old tax…
The £2.5bn regeneration will create at least 5,000 homes across a 47-acre riverside site in the Royal Docks. Your trusted source for commercial real estate intelligence, insights, and market analysis. Register for free to access two complimentary articles per month, or Subscribe to unlock unlimited CRE intelligence. Already have an account? Log in The post…
Elite Ukrainian special operators are carrying out more infiltration missions into Russian-held territory as the drone-infested kill zone continues to grow, making larger maneuvers difficult. Infiltration operations typically involve small groups of soldiers sneaking past enemy lines to complete a mission, which can range from taking a key position to conducting ambushes, raids, and assaults….
As we cross the halfway mark of 2026, the energy space has already experienced a dramatic shift in the macro landscape. Supply disruptions in the Middle East turned a looming oil supply glut into a severe shortage with depleted global inventories, benefiting U.S. energy companies across the value chain. Amid significant swings in oil and…
Banking relationships often start earlier than most people realize—and they tend to last longer than expected. Roughly half of young consumers will stick with their bank into adulthood, and many never switch. This puts banks’ focus squarely on Gen Z, where the youngest members of the cohort are in their early teenage years and the…
Angela Rayner has been reappointed as Housing Secretary following Andy Burnham’s appointment as Prime Minister, marking a return to the role she previously held before resigning over a tax issue related to a property transaction. Burnham, who officially became Prime Minister yesterday, confirmed Rayner’s appointment late last night as he assembled his first Cabinet. Rayner…
A federal caseI remember once a long time ago somebody telling me that the Federal Reserve was incredibly powerful. That the central bank’s officials could and did tilt the scales for or against politicians. If they didn’t like a president, they could raise rates. If they wanted an incumbent to stay incumbent, they could lower…
“I never heard a rock hit the windshield.”