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Tag: acquisitions

British Land dives even deeper into retail parks with £240m of acquisitions

September 6, 2024 No Comments Business , , , , , , ,

British Land’s love of retail parks shines through with the UK commercial property giant saying its increasing move into the sector continues to pay dividends. British Land’s Nugent Shopping Park, south London So much so, it has reinvested £240 million in the sector in the last few months from funds released via the £360 million [...]read moreBritish Land dives even deeper into retail parks with £240m of acquisitions

Newrez Laying Off Nearly 500 Workers After Rithm Acquisitions

June 12, 2024 No Comments Real estate , , , ,

At Inman Connect Las Vegas, July 30-Aug. 1, 2024, the noise and misinformation will be banished, all your big questions will be answered, and new business opportunities will be revealed. Join us. Mortgage lending and servicing giant Newrez LLC is laying off nearly 500 workers in Colorado and Florida as its parent company, Rithm Capital [...]read moreNewrez Laying Off Nearly 500 Workers After Rithm Acquisitions

Prada CEO not eyeing big acquisitions as brand focus is priority

May 21, 2024 No Comments Business , , , , , , ,

By Bloomberg Published May 21, 2024 Prada SpA isn’t shopping for major acquisitions right now, Chief Executive Officer Andrea Guerra said, as the Italian fashion house wants to stay focused on developing its own brands.  See catwalkPrada – Fall-Winter2024 – 2025 – Womenswear – Milan – ©Launchmetrics/spotlight “Our homework today is to nurture our brands,” [...]read morePrada CEO not eyeing big acquisitions as brand focus is priority

Rocket delivers $291M profit amid improved margins and MSR acquisitions

May 3, 2024 No Comments Real estate , , , , , , , , , ,

Rocket Companies, the parent of Rocket Mortgage, delivered a profit in the first quarter of 2024 through initiatives to reduce costs and increased investments in artificial intelligence (AI). In a contracting market, competitors exiting the space have allowed the company to improve market share and gain-on-sale margins. Ultimately, the Detroit-headquartered lender reported a GAAP net income [...]read moreRocket delivers $291M profit amid improved margins and MSR acquisitions

Now is a great time for brokerage acquisitions: RealTrends Consulting

April 23, 2024 No Comments Real estate , , , , , , , , ,

“Anytime there is a downturn in housing sales or a shock to the industry like with the litigation settlement, although we have not faced anything like this in my 47 year career, there is uncertainty,” Murray said. “When you have circumstances like this environment in any industry, it is the best time for those who [...]read moreNow is a great time for brokerage acquisitions: RealTrends Consulting

A $60M venture fund with a twist, and more startup-on-startup acquisitions

April 11, 2024 No Comments Technology , , , , ,

Ah, spring has sprung here in the Northeast United States, and it’s not only flowers that are blooming. No, startup-on-startup deals are the crop this season! Today on Equity’s startup-focused Wednesday show, we dug into the Multiverse-Searchlight deal, which reminded us of the Wonderschool-Early Day transaction that we covered on the show a few weeks [...]read moreA $60M venture fund with a twist, and more startup-on-startup acquisitions

Design Arc UK launches wholesale collective after brand acquisitions

February 12, 2024 No Comments Beauty , , , , , ,

Global supply chain solutions provider Design Arc UK has launched its New Brands Division following its latest brand acquisition, womenswear fashion and lifestyle brand Lily and Lionel. Lily and Lionel The latest buy is part of Design Arc’s strategic expansion and it joins Raffya and Jagged & Beau, two new womenswear brands designed exclusively in-house. [...]read moreDesign Arc UK launches wholesale collective after brand acquisitions