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23.03.26 - 09:18
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Regal′s US$194 million hotel sale highlights investor push into Hong Kong student housing (SCMP)
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Regal Hotels International Holdings and its units have sold the 494-room Regal Kowloon Hotel for about HK$1.52 billion (US$194 million) to the real estate investment arm of Centaline Group, which operates one of Hong Kong's largest property agency networks, to be converted into a student hostel.
Regal Hotels and affiliates Century City International Holdings and Paliburg Holdings agreed to dispose of the 17-storey hotel on Sa Po Road, including two basement floors, the group said in a filing......
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19.03.26 - 21:39
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Automus FAiS AI adds FAiS Convert and FAiS Connect to portfolio (PR Newswire)
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CENTURY CITY, Calif., March 19, 2026 /PRNewswire/ -- Automus Consulting, Inc., a leading Oracle Cloud partner specializing in ERP implementations and AI-driven solutions, today announced the evolution and expansion of its FAiS AI brand. This includes rebranding and enhancing two flagship......
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23.10.25 - 17:18
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Saudi Arabia′s New Pitch to Wall Street: Less Neom, More AI (Bloomberg)
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In 2017, Crown Prince Mohammed bin Salman sat alongside Steve Schwarzman and Masayoshi Son at the first iteration of Saudi Arabia's annual financial summit to unveil a next-century city called Neom. The two billionaire investors were quick to heap praise on the $500 billion plan that envisioned a metropolis with more robots than humans and enough solar panels to fill out the Great Wall of China....
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01.07.25 - 19:21
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KBRA Assigns Preliminary Ratings to CENT 2025-CITY (Business Wire)
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NEW YORK--(BUSINESS WIRE)--#creditratingagency--KBRA announces the assignment of preliminary ratings to three classes of CENT 2025-CITY, a CMBS single-borrower securitization.
The collateral for the transaction is $925.0 million non-recourse, first lien mortgage loan that is expected to be originated by Bank of America, N.A. (BANA), Goldman Sachs Bank USA (GS Bank), German American Capital Corporation (GACC), Morgan Stanley Bank, N.A. (MSBNA), and Santander Bank, N.A. (SBNA) on or about July 3, 2025. The fixed rate loan is expected to have five-year term and requires monthly interest-only payments that are based on an assumed coupon of 6.00%. The loan is secured by the borrower's fee simple interest in Westfield Century City, a 1.4 million sf super-regional mall located in Century City neighborhood of Los Angeles, California, of which 1.0 million sf serves as collateral of the subject loan. As of June 2025, the space serving as collateral for the loan was 95.6% leased to over 200 unique tenants.
KBRA's ...
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