Partner Michael McGhee said at a transport conference in Barcelona that the fund manager plans to increase the airport’s debt-to-regulated asset base ratio to between 60% and 65% from its current 43%.
2 min read · 24 January 2013
Responses from trade associations suggest alternative investment fund managers in the UK may have mixed feelings as capital gains tax is increased in today’s emergency budget from 18% to 28%.
2 min read · 24 January 2013
The Russia-based private equity real estate firm has closed Jensen Russian Real Estate Fund II. Credit Suisse acted as the placement agent
1 min read · 24 January 2013
The Europe and Asia focussed firm has bought an office property in London’s Docklands area for £134m
2 min read · 24 January 2013
However, there are fears the coalition Conservative/Liberal Democrat government could soon target residential and commercial real estate investors by extending stamp duty land tax to the sale of shares in companies owning land.
2 min read · 24 January 2013
The retail-focused private equity firm has sold teen fashion chain Republic to TPG for a reported £300m. TPG becomes the third private equity firm to own the retailer in six years.
1 min read · 24 January 2013
The Australian property fund manager with 14 vehicles in Europe says two appointments demonstrate the firm’s commitment to the region as well as to the importance of Germany and the Nordics
1 min read · 24 January 2013
The $156m investment marks the US pension’s first direct infrastructure investment and the third stake controlling-owner GIP has sold to an institutional investor. GIP bought Gatwick for £1.5bn last December.
2 min read · 24 January 2013
In an unexpected move, Land Securities has sold a speculative 310,000-sq-ft mixed-use development site on Oxford Street to Qatar’s listed development company, Barwa. Prime London assets, including development sites, remain in strong demand.
2 min read · 24 January 2013
It’s ultimately in the best of interests of fund managers to accept tax increases, such as the UK's new 28% capital gains rate, and move on.
3 min read · 24 January 2013
