"It’s a transformative moment," says Billy Rose, president of The Agency, a Los Angeles–based real estate brokerage and development consultancy. "It's just so exciting to think about how these changes are going to impact us. There are ways we haven’t even thought of yet." Whether the first impact is felt through the private ownership of premium-priced autonomous cars, or robotic ride-hailing services like Lyft, autonomous technology will almost certainly and eventually contribute to a decline in car purchases. And that would have a ripple effect on new home development and community planning.
Hammerson has struck a £3.4 billion deal to take over rival shopping centre rival Intu that will spawn the UK’s biggest retail and leisure property business...there were City supporters of the sector consolidation. Jonathan Buxton, partner and head of consumer and retail at Cavendish Corporate Finance, said: “Hammerson’s acquisition of Intu Properties demonstrates the rising popularity of supermalls in the UK and retailers’ desire to increase their presence across Europe.
Nearly two months ago, a brokerage shakeup occurred at Greenland USA’s $1 billion Metropolis development in Downtown Los Angeles. New York-based Douglas Elliman lost the project for reasons that remain unclear. It didn’t take long for The Agency, a boutique brokerage co-founded by Mauricio Umansky and Billy Rose, to swoop in and snag the contract to sell the1,500-unit condo project, which is spread across three towers. After a few quiet months, The Agency has now revealed the development group that will tackle the 2.1 million-square-foot project at 889 Francisco Street.
Christian Nellemann writes: All businesses nowadays say they’re innovative. They also say they’re green, ethical, and at the forefront of their industry in every conceivable way. The problem is, how many can actually prove what they claim? What’s increasingly rare, but also increasingly refreshing, are those businesses that just get on with being progressive. They of course don’t need to claim – you won’t find the words ‘we are innovative’ on their website, because that space is filled with an example of something innovative they’ve actually done.
Francesca Bellettini, President and C.E.O., Saint Laurent, Alexander Gilkes, Co-Founder, Paddle8 and Laura Pancera, Global Head of Ultra-High-Net-Worth Positioning, UBS in conversation with Elizabeth Paton, European Styles Correspondent, The New York Times.
Tilray, a global pioneer in medical cannabis research, production, and distribution, today announced that is has successfully exported dried medical cannabis products to the Czech Republic for nationwide distribution to qualified patients through hospitals, pharmacies, and clinics..."We are proud to be increasing access to medical cannabis across the EU and pleased to be able to serve patients in need in the Czech Republic. With today's announcement, Tilray products are now available in eight countries spanning four continents," said Chief Executive Officer Brendan Kennedy.