Marriott International Inc. is in advanced talks to acquire Elegant Hotels Group Plc, a transaction that would deepen the lodging giant’s reach into the Caribbean, according to people familiar with the matter.
Australia’s central bank hasn’t been quite as explicit as some peers in laying out which unconventional measures it might be open to if needed to address persistent economic risks. Now, some observers are mapping out options.
Interest rate cuts are supporting Australia’s economy and housing market, Reserve Bank governor Philip Lowe said.
As WeWork scrambles this week to raise cash needed to keep afloat, several top executives aren’t sticking around to see the results.
Japan’s market for real estate investment trusts is at the highest level in 12 years as yield-hungry investors drive a global rally.
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