The House bill will tax 75% of carried interest as ordinary income at a rate of 35%, and the balance as capital gains at 15%. The bill now goes before the Senate.
2 min read · 24 January 2013
The New York-based firm, which is preparing to raise its third fund, may seek out a large investor to buy a stake in its management company and anchor its fundraise.
2 min read · 24 January 2013
Beacon Capital Partners has sold an 80 percent stake in a Washington DC office property to Edge Fund Advisors and HSBC Alternative Investments. The transaction marks the second major office investment made by Edge and HSBC in the past six months.
2 min read · 24 January 2013
The Government of Singapore Investment Corporation (GIC) is reportedly considering listing part of its property assets in an initial public offering valued at up to $1bn.
1 min read · 24 January 2013
The $200bn fund has completed its purchase of landmark building, the Sony Center, on Berlin’s famous Potsdamer Platz road, from Morgan Stanley Real Estate Investing.
1 min read · 24 January 2013
The Netherlands-based company is offering European insurance companies the chance to invest in its 14 in-house property funds in the region via an open-ended core vehicle
1 min read · 24 January 2013
The New York-based firm has started to invest MSREF VII Global –primarily targeting the US, Western Europe and Japan – after allowing LPs to reduce commitments to the new fund. In an exclusive interview with PERE, the firm said: ‘There is a real chance to make a lot of money for our investors’.
3 min read · 24 January 2013
The Chicago-based real estate firm has hired Jim Evans as chief investment officer, following the departure of Ross Satterwhite, who left to pursue other interests.
2 min read · 24 January 2013
UK watchdog OFT is launching the first ever ‘stock take’ on the nation’s infrastructure
2 min read · 24 January 2013
Lehman Brothers Holdings has reportedly won court approval to restructure the debt load of apartment complex owner Archstone Smith. Lehman, which acquired Archstone with Tishman Speyer for $22bn in a 2007 take-private, had already restructured $485m of Archstone’s debt last March to ease the apartment owner’s liquidity problems.
2 min read · 24 January 2013
