Bloomberg

PropTech Investment Corporation II, a SPAC led by chairman Tom Hennessy, is merging with Appreciate, which helps investors buy, manage and sell rental homes.

DivcoWest, led by founder and Chief Executive Officer Stuart Shiff, had more than $16.2 billion in assets under management. But the discussion could end without a deal.

The departure carries huge symbolic as well as economic weight because the fast-food chain was one of the first Western brands to set up shop in Russia in 1990.

India’s housing market saw a strong rebound and the country’s office property market is benefiting from more hiring in startups.

Tesco Plc, the UK’s biggest grocer, has teamed up with flexible office company IWG Plc to convert excess space in a supermarket into a work hub.

The new publicly-traded entity will control Brookfield’s fee-generating assets, such as real estate, infrastructure, credit, private equity and renewable energy.

Included are more than 2,000 new-build homes operated by Kairos Living and about 1,000 homes in contract.

At a time when New York towers are struggling with high vacancies and many workers are still remote, money managers are seeking trendier digs.