Asian buyers’ dominance of London’s dealmaking market continues with acquisition of 125 Shaftesbury Avenue

Real Estate

Former Investment Banking Editor

A club of Korean institutional investors has closed a deal to buy a London office building leased to WeWork, a provider of flexible work spaces, for £267m.

The acquisition of 125 Shaftesbury Avenue in Soho was confirmed by Savills Investment Management, which completed the deal on behalf of Korean investors managed by Vestas Investment Management.

Korean investors buy WeWork Soho office for £267m

Tim Burke

Cushman & Wakefield

Goldman Sachs

HSBC

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Senior GIC private equity lawyer joins Dechert in London

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US law firm hires private equity specialist from key client

Barclays poaches Citi managing director for wealth private credit push

https://images.fnlondon.com/im-30083951?size=1.21

Dale Walsh will accelerate growth of the private bank and wealth management’s lending business

Northern Trust taps UN pension fund for head of international role

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Pedro Guazo, who joins in August, will also oversee the $1.3tn asset manager’s responsible investment platform globally

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Inside “Operation Narnia,” the Daring Attack Israel Feared It Couldn’t Pull Off

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The Israel-Iran cease-fire and avoidance of supply disruptions took much of the geopolitical risk premium out of the price.

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The reaction is a sign of how hard Zohran Mamdani will have to work to win over New York’s economic establishment after winning the Democratic primary for mayor.

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Kevin Warsh, Kevin Hassett and Scott Bessent are among those under consideration as Trump evaluates their commitment to cutting rates—and “made-for-TV” appeal.

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European leaders debated what they could give up to secure a speedy trade deal.

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No one expects to have to start over from the bottom rung at age 50. But when the pandemic struck, marketing professional Stephen Starring Grant rose to the challenge.

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Jeff Bezos and his space company have talked to President Trump in recent weeks.

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Tesla’s sales in the European Union logged another steep decline in May, continuing a downward trend for Elon Musk’s electric-vehicle maker even as the bloc’s EV market shows signs of growth.

Tesla’s EU Sales Slumped in May Despite EV Market Growth

Oil futures recovered some ground amid short-covering after three days of declines, supported by lingering Middle East risk perception and bullish inventory data in the U.S.

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Texas and Oklahoma have banned some banks from state contracts, saying they discriminate against the gun and fossil-fuel industries.

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 Big Banks, Worried About Being Trump’s Next Target, Race to Appease Republicans

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