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Chris Grigg, chief executive of British Land, said the Broadgate deal was the climax of his strategy to cut the company's exposure to large single assets.
Most use an asset index; others use single assets such as TV possession or housing material, land size or food sufficiency.
Generally speaking, a chief reason for the lack of allocation of public capital resources (e.g., buildings and facilities) to the PPP is that the amount of capital transferred depends upon the value of the single assets, which may not reflect the amount needed for the agreed division of shares.
Similar(55)
Think portfolios Never invest everything in a single asset.
Zell told me, "I've had offers on every single asset in the portfolio.
They were largely invested in a single asset that did very poorly in this period.
"I don't have a single asset here in Kenya," he said.
At the time, the deal was heralded as the largest single asset transaction in Europe.
Most important of all, property is by far the world's biggest single asset class.
Investors often lump very different countries together into a single asset class (eg, the BRICs).
That's a very high concentration of the non-real estate assets in a single asset class.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com