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Btr Series Part 10: Btr And Investment Structuring—what Do Investors Need To Know Now? | K&l Gates Llp

In this final Part 10 of our build-to-rent (BTR) series, we identify some key investment structuring challenges for investors in new BTR assets in Australia, and consider how investors may be able to overcome some of them through a review of the current Australian and overseas legal landscapes. We conclude by noting that significant opportunities for current and potential investors in new Australian BTR assets exist, even if investment challenges remain in the short to medium-term....By: K&L Gates LLP.
Read by 38% of LPs 1hour ago

Mubadala, Brunei May Pick Stake In Manipal Health

The deal is being negotiated at a valuation of around $5 billion. : Temasek Holdings is in talks with several sovereign funds, including Abu Dhabi’s Mubadala Investment Co. and Brunei Investment Agency, to pare its stake in Manipal Health Enterprises Ltd to de-risk its holdings, two people aware of the development said. Singapore state investor Temasek currently holds around 59% stake in Manipal Health. It is, however, keen to retain a majority—or more than 51% stake—in the company, the two people cited above said, requesting anonymity.
Read by 42% of LPs 1hour ago

Shell Weighs Sale Of Sprng Assets Stake

The firm bought Sprng at $1.55 bn enterprise value in 2022.: Shell Plc is looking to sell a stake in the operational assets of Sprng Energy group, a renewable assets platform it acquired in 2022 from Actis Llp at an enterprise value of $1.55 billion, said two people aware of the development. Sprng Energy had around 2.1 gigawatts (GW) of operational renewable energy projects, 0.8 GW contracted capacity and 7.5GW in the pipeline at the time of the Shell-Actis deal. Mint couldn’t immediately ascertain its current capacity.
Read by 60% of LPs 5hours ago

Northwestern Mutual To Deliver Record-setting $7.3B In Dividends To Policyowners

More than $150 billion paid in dividends throughout company history MILWAUKEE, Sept. 28, 2023 /PRNewswire/ -- Northwestern Mutual announced today that it will continue its longstanding tradition of awarding its policyowners a record-setting and industry-leading annual dividend – a sum...
Read by 49% of LPs 7hours ago

Sweden's Northvolt To Build $5.2B Battery Factory In Canada - Cna

STOCKHOLM/TORONTO : Swedish lithium-ion battery producer Northvolt said on Thursday it would open a $5.2 billion gigafactory in Quebec, the largest ever investment in the Canadian province and the latest in electric vehicle battery manufacturing capacity in the country. The first phase of the construction of the Northvolt Six factory just outside Montreal will begin this year and it is expected to be operational in 2026. Northvolt will invest $3.2 billion of the total with the local and federal government each contributing $1 billion, Northvolt Co-Founder Paolo Cerruti told Reuters.
Read by 57% of LPs 7hours ago

The Costs Of Russia’s War Are About To Hit Home

Over the past year few currencies have done worse than Russia’s rouble. Last September an American dollar bought just over 60 of them. These days it will buy almost 100 (see chart 1). The drop is both a symbolic blow to ordinary Russians, who equate a strong currency with a strong country, and the cause of tensions in the Russian state. It has blown apart the consensus that existed among Russian policymakers last year, when the central bank and finance ministry worked hand in glove. Now, as inflation rises and growth slows, the two institutions are turning against one another.
Read by 67% of LPs 8hours ago

Remains Found Of Colorado Woman Suzanne Morphew, Who Went Missing On Mother's Day 2020

DENVER (AP) — Investigators have discovered the remains of a Colorado mom who went for a bike ride on Mother’s Day 2020 and never returned, authorities announced Wednesday. The discovery of Suzanne Morphew's remains, which came as authorities were pursuing a different case, is the latest twist in a mystery that saw prosecutors charge her husband with murder and then drop their case. Barry Morphew then filed a $15 million lawsuit against county officials. Colorado Bureau of Investigation agents found the remains of the 49-year-old mother of two daughters while searching Friday in the area of Moffat.
Read by 54% of LPs 8hours ago

‘too Cheap To Ignore’: Cathie Wood Snaps Up These 2 Stocks Under $5

Along with the markets’ recent pullback, so has Cathie Wood’s flagship Ark Innovation ETF (ARKK) handed back some of the year’s prior gains. Nevertheless, it has still outpaced the broader markets this year. And despite growing bearish macro concerns, looking at how Wood expects the landscape to shape up, the ARK Invest CEO is optimistic her innovation-first approach will continue to deliver. “I do think that what’s happening this year is that the market is starting to look over the Fed’s moves… into falling interest rates,” Wood recently said.
Read by 66% of LPs 9hours ago

Net Lease Reits: Fighting The Fed

Within the Hoya Capital Net Lease Index, we track the eighteen net lease REITs and one ground lease REIT, which account for roughly $100 billion in market value. These net lease REITs generally own single-tenant properties leased to high credit-quality tenants under long-term leases, focused primarily on retail, restaurant, and industrial properties.
Read by 78% of LPs 10hours ago

China Is Down And Oil Is Out In Sovereign Wealth Fund Investing - Ie University - Cna

LONDON : New sovereign wealth fund dealmaking in China slid, while oil fell off the funds' investment radar completely last year, according to a survey released on Thursday. This was the first time since the report launched in 2012 that the sovereign wealth funds it tracks, whose assets under management grew to $11.6 trillion, made no new oil investments. "It's a very remarkable milestone," said study author Javier Capape, director of sovereign wealth research with the Center of the Governance of Change at Spain-based IE University.
Read by 32% of LPs