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The Modi doctrine and India-Africa ties

  Michelle DeFreese SPECIAL TO EMIRATES BUSINESS Prime Minister Narendra Modi is meeting with heads of state in four African countries during his first visit to the African continent since he took office in 2014. Modi’s official visits will take him to Kenya, Tanzania, Mozambique, and South Africa. Notably, his arrival in Mozambique will mark the first time an Indian ...

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No quick fix to free $23bn frozen in UK realty funds

  Bloomberg It took seven working days from the result of Britain’s shock vote to leave the European Union for Standard Life Investments to freeze withdrawals from its £2.9 billion ($3.8 billion) U.K. real estate fund. For investors wanting to get money out, the wait is likely to be a lot longer. Standard Life’s decision, soon followed by six other ...

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Mkt demand remains strong since Brexit vote: Hammerson

  Bloomberg Hammerson Plc, the specialist retail real estate company, said demand for its properties in the U.K. remained strong after Britain’s voted to leave the European Union last month. ”We’ve seen no let-up in leasing demand — there is a healthy level of leasing activity,” Chief Executive Officer David Atkins said in an interview . ”We continue to have ...

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