Category: Real Estate
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The British Connection
The healthy bilateral relations between the UK and Tunisia were reinforced by the recent visit of Michael Savory, the lord mayor of the City of London. The three-day work trip from February 17-20 aimed to promote British interests already in Tunisia and encourage further investment. With the UK still a major investor in Tunisia, both…
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Fidelity purchases shares of Boardwalk Real Estate Investment Trust
BOSTON, MA, Feb. 7 – Fidelity Management & Research Company and Fidelity Management Trust Company, of 82 Devonshire Street, Boston, Massachusetts, USA, as well as Fidelity International Limited of 42 Crow Lane, Pembroke, Bermuda (hereinafter referred to as “Fidelity”) announce that certain funds for which Fidelity serves as investment adviser have purchased 71,000 shares of…
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Door opens into commercial property
TRADITIONALLY, commercial property has been a closed shop as far as private investors are concerned. High entry levels for good-quality transactions have meant that even high-net-worth individuals would have to think twice about jumping into the market. But the lure of the commercial property sector – the best performing asset class over the past five…
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Brazil’s top diplomat fills out the plot line
His strategy wins nation clout on the global stage BRASÍLIA Foreign Minister Celso Amorim, a cinema buff and former movie producer, likes to go over a script in his mind of Brazil’s future. In it, Brazil shakes its postcolonial insecurity and takes the helm of South America to the United Nations, where it lands a…
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Panamanian Private Foundations
On June 12, 1995, the National Assembly of Panama adopted Law No.25 by which Private Foundations are created and regulated. The idea behind the drafting of this new law arose from the popularity and well deserved good reputation of the Liechtenstein Family (and Mixed) Foundations in certain parts of Europe , specially in Switzerland .…
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What a Trust Can Do
A trust may be created for any purpose that is not illegal or void as against public policy. A trust can hold title to and invest in real estate, cash, stocks, bonds, negotiable instruments and personal property. Trusts can provide care for minor children or the elderly; or pay medical, educational or other expenses. A…