The decision by UK Chancellor of the Exchequer Alastair Darling not to open up the regime for tax-transparent real estate investment trusts (REITs) to a wider range of businesses with large property holdings has met with a mixed response.
The decision by UK Chancellor of the Exchequer Alastair Darling not to open up the regime for tax-transparent real estate investment trusts (REITs) to a wider range of businesses with large property holdings has met with a mixed response.
As Ares completed a €325 mln French logistics acquisition from Blackstone, another French portfolio came onto the market.