Private equity firms that sprung up as an alternative source of capital for property developers around a decade ago have over time morphed into individual project financiers.PE firms created a comfortable investment moat by investing in special purpose vehicles (SPVs) formed to develop an individual project. Many of these investments ......
This is a Premium article. Please subscribe or log in to read the full story!
Here's a selection of our recent premium content.
Already a member? Click here to log in.