Hints and tips:
...It had been abandoned since the 1970s but was renovated by Garmendia Cordero architects three years ago....
...“It is a constant war machine,” he says, sitting in his office, where a vast painting of John F Kennedy by the Italian artist Sergio Lombardo hangs over his desk....
...Not Mossack Fonseca, whose files formed the vast Panama Papers leak of the past month, but another leading firm in the former Spanish colony, Alemán, Cordero, Galindo & Lee....
...UKCPT made the better calls to move to cash in 2007, but F&C Reit, under the management of Leo Noe, has a strong record in the property sector....
...Al-Suwaidi, Governor, United Arab Emirates Central Bank (Alternate for Obaid Humaid Al Tayer, Minister of State for Financial Affairs, United Arab Emirates) Ernesto Cordero Arroyo, Secretary of Finance...
...Last week, Leo Noe, another property entrepreneur, kicked off fundraising for a £300m opportunity fund called Devonshire UK, which will be part of F&C Reit....
...This would be the first transaction for F&C Reit Asset Management, which was formed in the summer following F&C’s acquisition of Leo Noé and Ivor Smith’s Reit Asset Management....
...F&C Reit Asset Management will be 70 per cent owned by F&C, and 30 per cent by Mr Noé and Mr Smith, who will also receive £25m in cash and £35m in loan notes for their business....
...Mr Noé will be executive chairman while Nick Criticos, F&C’s head of UK retail and investment trusts, will be chief executive....
...Leo Noé, chairman of F&C Reit Asset Management, says this has been the worst property recession in his 30 years in the industry, but that it would lead to opportunities....
...It is no surprise that the largest deal so far this cycle – the £640m of property being bought out of the administration of the Dawnay Day group – is by the new F&C Reit venture managed by Leo Noe, a veteran...
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