Capital Markets Archives | Page 42 of 58 | CREtech
Opendoor is shaking up its C-suite — again — ahead of its closely-watched IPO. On the heels of naming its first chief investment officer, the iBuyer tapped GoDaddy executive Andrew Low Ah Kee as president, co-founder and CEO Eric Wu said in a blog post.
Zillow profits soar to $40M during third quarter. Zillow's profits soared during the third quarter as iBuying deals dried up. The Seattle-based real estate giant reported $40 million in profits, compared to a loss of $64.6 million during the third quarter of 2019.
Pony.ai, backed by Toyota Motor Corp, said on Friday it has raised $267 million in the initial phase of its fundraising round that values the self-driving startup at $5.3 billion, as it seeks to boost its presence in the United States and China.
Private equity and alternative asset manager Blackstone announced today that it has hired Eric Duchon for the newly created position of Global Head of Real Estate ESG. In his new role, Duchon will be responsible for building on the firm’s existing environmental, social and governance efforts and scaling them across Blackstone’s global real estate portfolio.
Spain’s Iberdrola SA said it would spend €75 billion, equivalent to $88 billion, over the next five years to double its renewable power capacity and capitalize on the shift to green energy, highlighting how some of Europe’s lesser-known utility companies have become major players in the global energy industry.
Duncan Owen of Schroder Real Estate Investment Management spoke to us about the ways in which real estate can drive inclusive growth to the benefit of communities, business and the planet. Catch up on the full interview on-demand.
The international real estate firm has appointed WeWork executive Ronen Journo as European head of operations and senior managing director. An expert on global workplace trends, technology and corporate real estate operations, Journo will work closely with Hines’ teams and tenants across Europe to meet the evolving real estate needs of global occupiers.
While the U.S. president might be the most important person in the free world, for international real estate investors deciding whether to invest in the U.S. or other major markets, it really doesn’t make much of a difference who wins the election — so long as the vote provides a clear winner.
Multifamily housing is a relatively new phenomenon in the U.K., but it is rapidly drawing a crowd of new investment from both sides of the Atlantic.