Brexit and BEPS could lead to a UK-EU bifurcationin real estate funds. Andrew Månsson-Lowe and Melville Rodrigues consider solutions for pan-European managers with UK operations
There is continuing uncertainty on the form of regulatory equivalence that will apply between the UK and the EU following Brexit and any transition period. Determining the appropriate structure for current and prospective real estate funds – and also the optimal location of the fund management function – has become increasingly challenging with the combined effect of Brexit and the OECD Action Plan on Base Erosion and Profit Shifting (BEPS).
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