Cushman & Wakefield Finance Ltd., a commercial real estate services firm with offices around the world, and BGC International, an inter-dealer brokerage firm, have announced a joint venture agreement to provide strategic and execution services in the European property derivatives market.The venture, Cushman & Wakefield BGC, is designed to "significantly increase liquidity" in the property derivatives market, which "is poised for exponential growth," the two firms said. The joint venture is also aimed at developing innovative, structured products tailored to the end user's requirements, they said. C&W can be found on the Web at http://www.cushmanwakefield.com.
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Bright partnered with real estate data and analytics platform HouseCanary to deliver exposure on Google at no additional cost or operational efforts.
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The Bank of International Settlements compared the recent AI investment frenzy to the canal mania of the 1830s, the British railway craze of the 1840s and the dot-com boom of the late 90s.
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