How real estate commission changes could make buying and selling a home cheaper:
pbs.org/newshour/show/how-real-estate-commission-changes-could-make-buying-and-selling-a-home-cheaper
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| Last Updated | Apr 20 |
| Total Articles | 5 |
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Buying and selling a home will change soon. Here’s what you need to know.: Buying and selling a home will change soon. Here’s what you need to know.
washingtonpost.com/business/2024/04/25/real-estate-changes-commissions/
Berkshire Hathaway's real estate firm to pay $250 million to settle real estate commission lawsuits
apnews.com/article/real-estate-commission-lawsuit-homeservices-warren-buffett-f933f5997d8e1e1d90549c00af84493e
Quick Glance: Billion Dollar Settlement in Real Estate Commission Lawsuits
- HomeServices of America, owned by Warren E. Buffett’s Berkshire Hathaway Energy, will resolve the claims of home sellers who had to pay inflated commissions, subject to court approval.
- With the agreement from HomeServices of America, the damages now exceed the billion-dollar mark.
- Analysts predict that the settlement will introduce competition to the real estate commission market, leading to a reduction in fees paid by consumers when selling a home.
- The total amount of damages in commission lawsuits in the USA now surpasses the billion-dollar mark following today's settlement deal.
Howoge and Berlinovo buy real estate from Vonovia for 700 million euros: Now it is official: The state-owned Berlin housing companies Howoge and Berlinovo have ...
iz.de/transaktionen/news/-howoge-und-berlinovo-kaufen-immobilien-von-vonovia-fuer-700-mio.-euro-2000025025
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Mortgage rates top 7 percent for first time in 2024: Mortgage rates topped 7 percent for the first time this year, according to data released Friday by Freddie ...
thehill.com/business/4605828-mortgage-rates-top-first-time/
Quick Glance: Mortgage Rates Surge Above 7% in 2024, Posing Major Dilemma for Homebuyers
- US mortgage rates have surged above 7%, increasing costs for homebuyers.
- The rise in mortgage rates impacts monthly costs, limiting purchasing power.
- Uncertainty surrounding rate trends poses a decision dilemma for potential homebuyers.
- Experts anticipate a moderate easing of mortgage rates later in the year.
US prosecutors push to seize apartment tied to Congolese president in luxury Trump complex - ICIJ
icij.org/investigations/pandora-papers/us-prosecutors-push-to-seize-apartment-tied-to-congolese-president-in-luxury-trump-complex/
Quick Glance: US Prosecutors Seek to Seize Congolese President's Apartment in Luxury Trump Complex
- U.S. authorities are moving to seize a $7.1 million Manhattan apartment in a corruption probe involving the Republic of Congo's first family.
- Allegations suggest embezzled state funds were used to purchase the apartment at Trump International Hotel & Tower for the daughter of the scandal-plagued president of the Central African country.
- A complex network of shell companies, ultimately owned by Sassou Nguesso, funneled millions of dollars out of Congo, with a portion allegedly used to acquire the apartment.
- The FACT Coalition advocates for stricter oversight in real estate transactions to combat illicit financial flows and supports a proposal by the Treasury Department for reporting suspicious activities in the real estate sector.
Branicks will launch renewable energy funds: Branicks (formerly DIC Asset) is planning to diversify its fund offering towards renewable energies ...
iz.de/unternehmen/news/-branicks-wird-fonds-fuer-erneuerbare-energien-auflegen-2000025068
Paid articlePaid Rewe is distancing itself from the delivery service Flink: Rewe has indicated its willingness to divest itself of its stake in the fast delivery service Flink ...
iz.de/unternehmen/news/-rewe-geht-auf-distanz-zum-lieferdienst-flink-2000024952
Paid articlePaid Three high-rise buildings instead of parking spaces in Jena: For many years, the urban development of Eichplatz in the heart of the city center has been debated ...
iz.de/projekte/news/-drei-hochhaeuser-statt-parkplatz-in-jena-2000025027
Paid articlePaid Rents on the Berlin housing market continue to rise: The situation on the Berlin rental housing market remains tense. As a result, the asking rents rose by 18 ...
iz.de/maerkte/news/-mieten-auf-dem-berliner-wohnungsmarkt-ziehen-weiter-an-2000024886
Paid articlePaid The industry is doing a lot with taxonomy: The taxonomy quotas in the real estate portfolios are manageable. As sobering as the status quo is ...
iz.de/maerkte/news/-bei-der-taxonomie-nimmt-sich-die-branche-viel-vor-2000025041
Paid articlePaid Munich wants to continue buying and building: The city of Munich continues to buy apartments from private real estate companies. She has more than 100 offers ...
iz.de/transaktionen/news/-muenchen-will-weiter-kaufen-und-bauen-2000024786
Paid articlePaid New building fund from D.i.i. is also insolvent: D.i.i. now also declares the insolvency of Neubaufonds 14 and its construction projects ...
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Paid articlePaid Munich investment market is picking up speed: The Munich investment market is getting back on track faster than expected. This is what figures from the expert ...
iz.de/maerkte/news/-muenchner-investmentmarkt-nimmt-fahrt-auf-2000024762
Paid articlePaid Adler Group writes a loss of almost 2 billion euros: Things are looking bad for the Adler Group. According to unaudited figures, an operating loss of EUR 1 ...
iz.de/unternehmen/news/-adler-group-schreibt-fast-2-mrd.-euro-verlust-2000025049
Paid articlePaid Sales of office space in Hamburg are well below 100,000 sqm: With an office space turnover of around 85,000 sqm, the weakest result in the past ten years was ...
iz.de/maerkte/news/-umsatz-mit-hamburger-bueroflaechen-liegt-deutlich-unter-100.000-qm-2000024768
Paid articlePaid The first opportunists become active: Opportunistic managers Activum SG and 777 Capital Advisors are small yachts compared to large private equity battleships ...
iz.de/unternehmen/news/-die-ersten-opportunisten-werden-aktiv-2000024806
Paid articlePaid Soravia will focus more on subsidized housing in Germany in the future: The family-run Austrian developer Soravia does not want to leave the field in Germany ...
iz.de/unternehmen/news/-soravia-setzt-in-deutschland-kuenftig-mehr-auf-gefoerdertes-wohnen-2000024885
Paid articlePaid Aldi opens local supply center with apartments in Waldbronn: Aldi Süd is opening a branch today in a local supply center with apartments in Waldbronn near ...
iz.de/projekte/news/-aldi-eroeffnet-nahversorgungszentrum-mit-wohnungen-in-waldbronn-2000024903
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Legalise abortions in first trimester, German commission says: Opposition parties accused the commission of political bias and threatened to challenge any ...
bbc.com/news/world-europe-68816693
Strabag takes over specialists for insulation materials made from hemp: The construction company Strabag buys Naporo, a specialist in insulation materials made ...
iz.de/transaktionen/news/-strabag-uebernimmt-spezialisten-fuer-daemmstoffe-aus-hanf-2000024927
Paid articlePaid Residential properties are becoming more expensive again: The appraiser Sprengnetter examined the real purchase prices paid for residential properties in the ...
iz.de/maerkte/news/-wohnimmobilien-werden-wieder-teurer-2000024916
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Homie, the Utah company meant to ‘disrupt’ real estate, sheds its last agents: The move to end brokerage services comes after years of turbulence for Homie — a ...
sltrib.com/news/business/2024/04/19/homie-utah-company-meant-disrupt/
Central Group is reportedly buying Berlin-based KaDeWe: The Central Group has reportedly bought the KaDeWe property in Berlin. If the reports are correct ...
iz.de/transaktionen/news/-central-group-kauft-angeblich-das-berliner-kadewe-2000024737
Paid articlePaid Net neutrality reinstated as FCC passes measure to regulate internet providers: The FCC on Thursday restored “net neutrality” rules that prevent broadband ...
pbs.org/newshour/politics/net-neutrality-reinstated-as-fcc-passes-measure-to-regulate-internet-providers
Quick Glance: FCC Votes to Restore Net Neutrality Rules
- The FCC voted 3-2 along political party lines to reinstate rules from 2017 to prevent internet service providers from disrupting your internet speed.
- Restoring net neutrality has been a focus for President Joe Biden and was approved by a majority of the FCC.
- Net neutrality protects consumers from ISP control, promotes fair rules, and safeguards against online fraud and scams.
- The discussion on net neutrality also raises questions about service pricing and highlights the importance for internet infrastructure.
Midstad wants to make trading monoliths tradable again: Midstad emerged from JC Real Estate, the project developer from the family that owns P&C Düsseldorf ...
iz.de/unternehmen/news/-midstad-will-handels-monolithen-wieder-handelbar-machen-2000024771
Paid articlePaid The textile industry dominates inner-city shop leasing: The textile sector accounted for 52% of inner-city store take-up in the first quarter.
iz.de/maerkte/news/-textilbranche-dominiert-die-innerstaedtische-ladenvermietung-2000024740
Paid articlePaid Ikea opens planning studios in Cologne and Stuttgart: The furniture chain Ikea is opening two more planning studios in Stuttgart and Cologne ...
iz.de/unternehmen/news/-ikea-eroeffnet-planungsstudios-in-koeln-und-stuttgart-2000024757
Paid articlePaid Publity sells the Frankfurt Access Tower: Publity has separated from the Access Tower office tower in the Niederrad district of Frankfurt ...
iz.de/transaktionen/news/-publity-verkauft-den-frankfurter-access-tower-2000024911
Paid articlePaid Procom is developing local suppliers and apartments in Büchen: Procom Invest is building the Pötrauer Tor local supply center with twelve apartments in Büchen ...
iz.de/projekte/news/-procom-entwickelt-nahversorger-samt-wohnungen-in-buechen-2000024917
Paid articlePaid Clockwise opens its first German location in Bremen: At the beginning of May, the British coworking provider Clockwise opened its first German location in Bremen ...
iz.de/unternehmen/news/-clockwise-eroeffnet-ersten-deutschen-standort-in-bremen-2000024745
Paid articlePaid Clarion buys Panattoni logistics park in Voerde: Clarion Partners Europe has acquired the recently completed Panattoni logistics park in the Lower Rhine ...
iz.de/transaktionen/news/-clarion-kauft-panattoni-logistikpark-in-voerde-2000024782
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Vietnamese property tycoon Truong My Lan sentenced to death in US$12.5 billion fraud case
scmp.com/week-asia/politics/article/3258672/vietnamese-property-tycoon-truong-my-lan-sentenced-death-us125-billion-fraud-case
Quick Glance: Death Sentence for Real Estate Tycoon in Vietnam's Largest Fraud Case
- Truong My Lan, a prominent businesswoman and real estate tycoon, was sentenced to death in Vietnam's largest financial fraud case, marking a shocking development in the country's escalating anti-corruption campaign.
- Born in 1956, Lan founded the Van Thinh Phat company with her family in 1992, which grew to become one of Vietnam's richest real estate firms linked to some of Ho Chi Minh's most valuable properties.
- She was accused of using the bank as her cash cow, illegally controlling it between 2012 and 2022, and using thousands of 'ghost companies' in Vietnam and abroad to give loans to herself and her allies.
- Her arrest in October 2022 falls within a period of increased anti-corruption efforts in Vietnam ramping up since 2022, impacting the country's economic outlook and unsettling foreign investors.
EFCC reacts to allegation of disobeying court order concerning Yahaya Bello: EFCC responds to widespread criticism that its bid to arrest former Kogi State ...
premiumtimesng.com/news/top-news/688487-efcc-reacts-to-allegation-of-disobeying-court-order-concerning-yahaya-bello.html
Breakingviews - Market forces knock ominously on US realtors’ door
reuters.com/breakingviews/market-forces-knock-ominously-us-realtors-door-2024-04-12/
The institute building of the HU Berlin is being renovated for 80 million euros: At the prominent intersection of Invalidenstrasse and Chausseestrasse in ...
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Analyst makes popular Internet stock top pick after shares tumble: One Wall Street analyst has a new "Top Pick" among U.S. Internet stocks.
sacbee.com/news/business/article287573485.html
Arge boss warns of “tipping point” in housing construction: More subsidies and a legal framework for slimmed-down construction methods: With these core demands ...
iz.de/politik/news/-arge-chef-warnt-vor-kipppunkt-beim-wohnungsbau-2000024708
Paid articlePaid Traffic light agrees to extend the rent cap: The federal government has agreed to extend the rent cap until 2029. This brings an end to a dispute that has been ...
iz.de/politik/news/-ampel-einigt-sich-auf-verlaengerung-der-mietpreisbremse-2000024694
Paid articlePaidQuick Glance: FDP and SPD Reach Agreement on Key Issues
- SPD and FDP have reached compromises on key issues, including the extension of the rent control measure until 2029 and the 'Quick-Freeze' data storage procedure.
- Despite additional desired changes in rental law, no specific agreements have been made, raising concerns about the housing market.
- The 'Quick-Freeze' data storage procedure is implemented in cases of suspicion of serious crimes, marking a departure from indiscriminate mass data storage and receiving positive reactions.
- The next steps involve drafting proposals in the Federal Ministry of Justice for data storage and the extension of the rent control measure, which are likely to be approved by the cabinet simultaneously.
Transformed Cousins confesses big regret: Former AFL star turned media personality Ben Cousins has briefly spoken on his personal life following years of ...
news.com.au/sport/sports-life/ben-cousins-says-life-never-been-better-after-rebuilding-from-troubled-past/news-story/6d7a6be59f4c5946985df8262bb130b4
Broker association Sior wants to grow in Europe: Sior is the US equivalent of Rics. In Germany, the industry association for brokers from the logistics ...
iz.de/unternehmen/news/-maklerverband-siorwill-in-europa-wachsen-2000024637
Paid articlePaid A right of usufruct must be eliminated tax-free: Tax law. A consideration paid as a replacement or for the waiver of a usufruct right is not taxable income.
iz.de/recht/news/-ein-niessbrauchrecht-ist-steuerfrei-zu-beseitigen-2000024573
Paid articlePaid Signa insolvency: Berlin's Upper West high-rise is probably for sale: According to research by Immobilien Zeitung, the brokerage houses JLL and BNPPRE are ...
iz.de/transaktionen/news/-jll-und-bnppre-vermarkten-berliner-hochhaus-upper-west-fuer-signa-2000024725
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Trudeau says China tried to meddle in Canada elections: Canada’s PM Justin Trudeau said election results were not affected and it was ‘improbable’ Beijing ...
aljazeera.com/news/2024/4/11/trudeau-says-china-tried-to-meddle-in-canada-elections
Quick Glance: Alleged Chinese Interference in Canadian Elections: Trudeau Confirms Independence
- Canada's Prime Minister Justin Trudeau reported to an official inquiry that China attempted to intervene in the last two Canadian elections, but the outcomes were unaffected, and it was deemed 'improbable' that Beijing favored a specific party.
- Under pressure from opposition lawmakers dissatisfied with media reports on China's potential involvement in the elections, Trudeau established the commission.
- Erin O'Toole, who led the main opposition Conservative party during the 2021 campaign, estimated that Chinese interventions may have cost his party up to nine seats but did not alter the election's course. Trudeau's Liberal Party emerged victorious in both instances.
- Canada's domestic intelligence agency informed the commission of China's 'clandestine and deceptive' interference in both elections, marking the most substantial evidence thus far of suspected Chinese meddling in Canadian politics.
Nearly 30% of recent homebuyers have zero clue how much their realtor is paid—and a lot of people don’t know where that money came from
fortune.com/2024/04/11/recent-home-buyers-have-zero-clue-how-much-their-realtor-is-paid/
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Jamie’s Air Fryer Meals: if it’s got a tiny convection oven in it, Channel 4 will commission it
theguardian.com/tv-and-radio/2024/apr/13/jamies-air-fryer-meals-if-its-got-a-tiny-convection-oven-in-it-channel-4-will-commission-it
Warren Buffett's real-estate firm to spend $250M to get out of legal hot water: Warren Buffett's HomeServices of America agreed to pay $250 million to settle ...
businessinsider.com/warren-buffett-real-estate-brokerage-250-million-settlement-commissions-2024-4
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FTC votes to ban noncompete agreements: The Federal Trade Commission voted 3-2 to approve a final rule banning noncompete agreements nationwide and voiding most ...
foxbusiness.com/politics/ftc-votes-ban-noncompete-agreements
Quick Glance: US implements ban on worker 'competition agreements' with business groups filing lawsuits
- The U.S. Federal Trade Commission has approved a framework to eliminate agreements often signed by employees to refrain from joining their employers' competitors or establishing rival businesses.
- The ban on noncompete agreements is projected to boost worker earnings by up to $488 billion over the next decade and facilitate the establishment of over 8,500 new businesses annually.
- Prominent business associations have criticized the framework and declared legal actions, contending that noncompete agreements assist companies in safeguarding trade secrets and advancing competitiveness.
- Unions have endorsed the FTC's vote in favor of the ban, hailing it as a significant triumph for workers that will enhance the national economy by fostering entrepreneurship.
South Africa’s election body asks top court to resolve Zuma candidacy: Former President Jacob Zuma hopes to run for office for the opposition uMkhonto weSizwe ...
aljazeera.com/news/2024/4/12/south-africas-election-body-asks-top-court-to-resolve-zuma-candidacy
Pending home sales see unexpected jump in March, despite 7% mortgage rates: Increase in March pending home sales is the ‘best performance in a year,’ NAR says
marketwatch.com/story/pending-home-sales-see-unexpected-jump-in-march-despite-rising-mortgage-rates-cb4eaecc
Why the Influencer Industry Needs Guardrails: The author argues for an industry in which unethical behavior is punished; professional expectations, pay ...
hbr.org/2024/05/why-the-influencer-industry-needs-guardrails
Must Read: How The Fall of Noncompete Clauses Will Impact Fashion, Estée Lauder Creates AI Innovation Lab
fashionista.com/2024/04/ftc-noncompete-clauses-fashion-impact
Jordan sets September 10 for parliamentary elections, official says: Jordan’s independent electoral commission set September 10 as the date for parliamentary ...
english.alarabiya.net/News/middle-east/2024/04/24/jordan-sets-september-10-for-parliamentary-elections-official-says
Realtors ramp up lobbying as shakeup hits the real-estate industry: The NAR scales up its Washington lobbying effort in first quarter as the group deals with ...
marketwatch.com/story/realtors-spend-record-14-7-million-on-first-quarter-lobbying-as-shakeup-hits-the-real-estate-industry-9ad60740
Pressure grows for NSW royal commission into domestic violence: There is a growing chorus of voices for a royal commission into domestic violence in NSW ...
smh.com.au/politics/nsw/pressure-grows-for-nsw-royal-commission-into-domestic-violence-20240426-p5fmsu.html
EFCC hands over houses, transmission equipment, other recovered assets to Enugu govt
premiumtimesng.com/regional/ssouth-east/688902-efcc-hands-over-houses-transmission-equipment-other-recovered-assets-to-enugu-govt.html
The Supreme Court justice who actually picked a president: Long before the Supreme Court’s messy involvement in the 2024 race (or the 2000 contest), Joseph P ...
washingtonpost.com/history/2024/04/25/joseph-bradley-supreme-court-election-1876/
ICICI Pru Life Q4 results: Net profit drops 26% to Rs 173.76 crore: ICICI Pru Life Q4 FY24 Results: The management said that the change in commission structure ...
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Restaurant in 9th and 9th gets a liquor license; damaged Garage on Beck to reopen soon
sltrib.com/artsliving/food/2024/04/25/restaurant-9th-9th-gets-liquor/
Michigan redistricting panel votes to dismiss appeal to U.S. Supreme Court, pay $1.8M to plaintiffs
detroitnews.com/story/news/politics/2024/04/25/michigan-redistricting-commission-votes-to-dismiss-scotus-appeal/73289037007/
Congressional commission sanctions NC lawmaker over anti-Biden newsletters
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A Senate committee has called for a royal commission into Australia's COVID response. Here's why it's not happening
abc.net.au/news/2024-04-24/senate-committee-calls-for-covid-royal-commission/103760670
How Realtors Tamed a Wild Housing Market and Created a Lucrative Monopoly: The National Association of Realtors has long protected its high commissions but has ...
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Paid articlePaid ‘Chaotic’ U.S. housing market faces one of its biggest tests, Re/Max founder says
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ADF should formally honour personnel who lose lives away from battlefield, royal commission chief says
theguardian.com/australia-news/2024/apr/25/adf-should-formally-honour-personnel-who-lose-lives-away-from-battlefield-royal-commission-chief-says
| Montreal Gazette: Sgt. Martin Bouchard told Anastasia Boldireff, who was complaining about a man harassing her, “he sounds like a good-looking man."
montrealgazette.com/news/local-news/police-sergeant-reprimanded-for-comments-to-sexual-harassment-victim
Investors left the global fund industry high and dry in 2023: In no year since 2015 have investors committed as little new equity to real estate funds and other ...
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Ukrainian politician calls for more military aid from Canada: Chair of Ukraine’s commission on arms control says Ukraine is hoping to receive shells, missiles ...
theglobeandmail.com/world/article-ukrainian-politician-calls-for-more-military-aid-from-canada/
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Do I have to pay the estate agent a commission if I rent in Spain?: Who has to pay the real estate agent commission (usually equivalent to one month's rent) ...
thelocal.es/20240424/do-i-have-to-pay-the-estate-agent-a-commission-if-i-rent-in-spain
How Wirecutter Makes Money: The business decisions at Wirecutter never affect our journalists.
nytimes.com/wirecutter/reviews/how-wirecutter-makes-money/
$900m-plus on CoEs and ‘no value’ for money spent: The country has spent more than $900 million on recent commissions of enquiry (CoEs) and the population ...
trinidadexpress.com/news/local/900m-plus-on-coes-and-no-value-for-money-spent/article_8b681b0e-0114-11ef-99ae-47674a3bdbe2.html
Gauteng, IEC's biggest voting bloc, says it is ready for the polls: The IEC in Gauteng, which boasts the highest number of registered voters for the May 29 ...
timeslive.co.za/politics/2024-04-23-gauteng-iecs-biggest-voting-bloc-says-it-is-ready-for-the-polls/
Hagag Development Europe Appoints Ana-Maria Nemțanu as Leasing Director: Who’s News - Real estate investor-developer Hagag Development Europe appoints Ana-Maria ...
business-review.eu/profiles1/whoss-news/hagag-development-europe-appoints-ana-maria-nemtanu-as-leasing-director-259724
Realtor lawsuit settlement means savvy homebuyers can save money: The National Association of Realtors' huge settlement will upend the housing market ...
businessinsider.com/homebuyers-real-estate-revolution-nar-lawsuits-new-rules-realtors-agents-2024-4
South Africa's Capitec Bank reports 16% rise in FY profit: South African lender Capitec Bank reported a 16% rise in full-year profit on Tuesday ...
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Breakaway Somaliland Region Says It Plans Nov. 13 Elections: Somalia’s breakaway region of Somaliland will hold presidential and political party elections on Nov ...
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2 stealth missile corvettes to be commissioned into Navy in May - Focus Taiwan: Taiwan's Navy is expected to commission two more domestically-built Tou ...
focustaiwan.tw/politics/202404220013
RQI and monument boutique invest together: Nico B. Rottke's RQI Immobilien and the company Monument Boutique are establishing a joint venture for residential ...
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Paid articlePaid Mortgage rates: 30-year home loan hits above 7% first time in 2024: March saw the largest monthly drop in existing home sales in over a year ...
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There is little or nothing moving on the office markets on the Rhine: Cologne/Düsseldorf. The first quarter of 2024 did not bring about a turnaround in the ...
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Paid articlePaid If a sub works with several bidders, this is not a reason for exclusion: Procurement law. It is permitted for a company to participate as a subcontractor in the ...
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