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These include funds in the Brookfield Strategic Real Estate Partners (BSREP) series. [2] The partnership owns a 31% interest in BSREP I, a 26% interest in BSREP II, an 8% interest in BSREP III, and a 23% interest in BSREP IV. [2] The company also committed $300 million to the Brookfield Fairfield U.S. Multifamily Value Add Fund. [2]
The Property Trust Group is a property investment group, the ultimate holding company of which is PT Holdings Limited, based in Bermuda. The group owns a portfolio of commercial buildings in the United Kingdom through its subsidiary The Property Trust plc, which is registered in London. The principals of the group are Anthony K.C. Cheng and ...
Bermuda has no equivalent of the British Law of Property Act 1925. Bermuda has no capital gains taxes, but there is ad valorem Stamp Duty on sales and gifts of real estate. Generally, Bermuda real estate cannot be vested in a corporation, except: in a trust company; in the management company of a condominium; or
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Mousse Partners is an investment management firm based in Bermuda that serves as a family office to manage the wealth of Alain and Gérard Wertheimer, the current owners of French luxury fashion house, Chanel.
Her Majesty's Attorney General -v- Bermuda Press (Holdings) Limited, Civil Jurisdiction 2009: No. 435 (Ruling dated 18 December 2009) in which the Bermuda Attorney-General obtained a temporary injunction against newspaper to prevent it publishing a leaked memorandum about a secret real estate proposed transaction involving the Government.
The affordability of housing became a prominent issue during Bermuda's business peak in 2005 but has softened with the decline of Bermuda's real estate prices. The World Factbook lists the average cost of a house in June 2003 as $976,000, [ 210 ] while real estate agencies have claimed that this figure had risen to between $1.6 million [ 211 ...
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