Property
Best Practice | 20 Oct 16
Portugal’s property levy to ‘benefit’ some expats
An annual property tax proposed last week by the Portuguese government on homes worth over €600,000 (£538,572, $660,108), may be “beneficial” for some of the thousands of British expats settled there, according to two leading tax experts.
Investment | 12 Oct 16
SLI announces new team in Singapore
Standard Life Investments (SLI), the Edinburgh-based asset manager, has announced a new real estate team in Singapore.
Harlequin Property enters insolvency to ‘protect investors’
Harlequin Property SVG, the company behind the £400m ($509m, €454m) overseas property scheme, has officially entered insolvency proceedings, a decision likely to result in hefty losses for thousands of investors.
Canada Life ends fair value adjustment on UK property funds
Canada Life has removed the fair value adjustment on property values in its commercial property funds imposed at the start of the month when it lifted a suspension of redemptions.
UK property freeze thaws but open-ended fund days numbered
Following suspensions of trading and value adjustments at most of the leading UK property funds in early July, September has seen the crisis abate to a large extent.