Commercial

Real estate firm Knight Frank expands services

Real estate firm Knight Frank has appointed Tony Nicholas, an equity partner of the firm, as head of the Global Corporate Services (GCS) EMEA team in London and Alex Hill as head of GCS Asia Pacific based in Singapore as it continues to strengthen its Global Corporate Services offering.

SunTrust Mortgage settles racial lawsuit for $21 Mln

SunTrust Mortgage has agreed to pay $21 million to settle a federal lawsuit alleging racial discrimination in its lending practices against Hispanics and African Americans.

Report: Blackstone, Morgan Stanley to acquire Lloyds Australia loans

Morgan Stanley and private equity giant Blackstone are close to buying AUS$2 billion worth of distressed commercial property debt being offered for sale by Lloyds Banking Group for about AUS $640 million ($621 million), according to reports.