Sentences with phrase «foreign trophy assets»

Not exact matches

Centrally located U.S. office towers are fetching prices 22 percent above records set in 2008 as both foreign and domestic buyers seek the safe haven of trophy assets, according to Moody's Investors Service and Real Capital Analytics Inc. index.

But foreign direct property investment has always been focussed on «trophy» assets, often in the R10m - plus range, so variation in investment intentions has a disproportionate impact on sentiment at the higher end of the market.

At $ 2.21 billion, the transaction went down as one of the most ex-pensive acquisitions in history of a Manhattan skyscraper and clearly illustrated foreign investors» inter-est in trophy US assets.

Foreign capital coming into these cities has gobbled up trophy assets, a trend which is likely to continue given recent measures easing taxes imposed on foreign investors under the 1980 Foreign Investment in Real Property Tax Act, known as Foreign capital coming into these cities has gobbled up trophy assets, a trend which is likely to continue given recent measures easing taxes imposed on foreign investors under the 1980 Foreign Investment in Real Property Tax Act, known as foreign investors under the 1980 Foreign Investment in Real Property Tax Act, known as Foreign Investment in Real Property Tax Act, known as FIRPTA.

As large scale «trophy» assets become more difficult to source and as property prices continue to climb, foreign investors are increasingly looking to debt markets as a means of fulfilling their U.S. real estate allocations.