The Senate Finance Committee’s second inquiry into carried interest featured witnesses who support and oppose the carried interest designation as capital gains, but they unanimously agreed that one industry should not be singled out over another for tax purposes.
3 min read · 22 January 2013
The real estate entrepreneur has reportedly rejected Delta Two’s offer of £6-a-share, leaving the Qatari firm scrambling to increase its offer.
2 min read · 22 January 2013
Morgan Stanley Real Estate, the property investment arm of the global investment bank, has completed the purchase of eights hotels in Europe—and plans to close on two more by the end of the third quarter.
1 min read · 22 January 2013
In a busy week for Investcorp, the firm’s property arm announced today that it has sold four Chicago-area self-storage facilities.
1 min read · 22 January 2013
Following the grocer’s rejection of a CVC-led £10 bn offer in April, Delta Two has approached the grocer with a £12bn bid.
2 min read · 22 January 2013
In a project scheduled to break ground later this summer, Investcorp is teaming up with real estate developer Ceebraid Signal to build a 243,000-square-foot high-rise condominium in Connecticut.
1 min read · 22 January 2013
Following its previous North African fund, Société Générale Asset Management will launch two Morocco-focused real estate funds by the end of the year.
2 min read · 22 January 2013
Westport has invested in assisted- and independent-living units throughout the Northeast US.
2 min read · 22 January 2013
New York-based Investcorp is developing a the 1.6m-square-foot project in Bellevue, Washington valued at $800m.
1 min read · 22 January 2013
After 25 years of investing in US real estate, the property arm of Investcorp is looking towards its next stage of growth. Here, John Fraser and Jonathan Dracos, the co-heads of the firm's real estate group, talk about opening a new office in Los Angeles, courting US investors and possibly expanding into Europe. By Aaron Lovell
10 min read · 22 January 2013