From CB Richard Ellis: U.S. Retail Cap Rates Ending at 9.01% , cap rates were up again
Posts Tagged average-annual
Citi’s biggest shareholder forces it into a daft disposal ONE of Citigroup’s goals, its chief executive, Vikram Pandit, explained at a recent conference, was “reducing assets while optimising value and mitigating risk”. In selling Phibro, the bank’s freewheeling commodity-trading arm, he has certainly mitigated risk: both the financial sort and the chances of a showdown with the government over a $100m pay package for Andrew Hall, the unit’s star trader and proud owner of a German castle. But optimising value
