Ireland Imposes New Tax on Foreign Investors
Any funds where 25 percent of their value is made up of Irish real estate assets will be subject to a 20 percent withholding tax from next year,
Continue reading →Any funds where 25 percent of their value is made up of Irish real estate assets will be subject to a 20 percent withholding tax from next year,
Continue reading →Fifty-six private universities in the United States have endowments of more than $1 billion, according to The Washington Post. With about $8 billion worth of property removed from the I am sure these wonderful acai benefits would have made you … Continue reading →
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Zimbabwe is considering the adoption of the South African Rand (ZAR) as its main transaction currency to replace the U.S. dollar in the country’s multi-currency system, according to Forbes. Zimbabwe has been primarily a U.S. dollar-based economy since 2008 when … Continue reading →
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Shareholders of both Marriott International and Starwood Hotels & Resorts Worldwide Inc. have approved Marriott’s $14.41 billion acquisition of Starwood, according to The Washington Post. Starwood stockholders will receive 0.8 shares of Marriott common stock at closing plus $21.00 in … Continue reading →
This week, the US House of Representatives approved legislation that would remove the tax benefits of spinning off corporate real estate into separate, publicly traded real estate investment trusts (REITs). Ending such spin-offs is expected to generate $1.9 billion in … Continue reading →
The Arlington County Board voted 5–0 to approve changes to the site plan for Ballston Common Mall paving the way forward for the $317 million redevelopment of the under-performing 30-year-old shopping center owned by Forest City Washington,
Continue reading →CW Capital will sell the 11,232-unit, 80-acre Stuyvesant Town-Peter Cooper Village to The Blackstone Group for $5.3 billion, according to The New York Times. The buyer has agreed to set aside 4,500 apartments for middle-income families and an additional 500 … Continue reading →
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