The pact allows for Libor to automatically be yanked from hundreds of trillions of dollars of interest-rate swaps, futures and options and replaced with another rate.

The sale would mark the largest real estate transaction in Australia in five years.

Boosted by vaccinations and a resulting drop in cases at seniors housing facilities, REITs in that sector have begun to rebound, reports McKnight’s Senior Living. Commercial Observer looks at how investors are using proptech to help make their...