15.12.2011 - Europe: Reluctant real estate investors demand control over funds – survey
A report published by law firm Nabarro suggests investors willing to cornerstone new funds can effectively dictate their own terms – and in some cases may exercise a veto over subsequent investors. The poll of 195 fund managers and investors found 62.2% of investors favour direct ownership, 62.1% favour joint ventures, and 43.2% favour club deals...............................................Full Article: Source
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