Hints and tips:
...The manoeuvre suggests a lack of trust in Italian ownership and defies the notion of open investment in Europe....
...Crown shelved plans to spin off a property trust holding of most of its Australian assets, while its revenues took a hit last year in the wake of the arrest of 18 employees by Chinese authorities last year...
...The demand follows a May civil jury verdict that found the Wyly brothers liable on civil fraud allegations that they used a system of offshore trusts to hide stock sales and procure $553 million in profits...
...With properties hard to find and a local agent dragging its feet, he asks the others if he should find another partner. “How can you build trust over a distance?” he asks....
...Chicago-based CenterPoint Properties announced the proposal on Friday under state laws that let private companies make unsolicited approaches for state-owned assets....
...In April, Julius Meinl V, a prominent banker, was detained and released on €100m bail in connection with an investigation into allegations of fraud at Meinl European Land, a quoted property group....
...Others to have gone private include Bedford Property Investors, CRT Properties, Centerpoint Properties, Town & Country Trust and Gable Residential Trust....
...Jonathan Guthrie: The complex series of trade offs (local skills v local property prices, for example) implicit in this question make it difficult to answer....
...In 1992 he became a consultant to Banker’s Trust, where he started working with Peter Scaturro, who was, until recently, chief executive of Citigroup Private Bank....
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