This article is from the Australian Property Journal archive
ACCOUNTING and advisory firm Moore Stephens has launched a global property funds management advisory group.
Moore Stephens partner in Tax Practise Stephen O’Flynn, who will chair the new group, said the MSIL Property Funds Management Group will provide investors with quick access to expert advice provided by accounting professionals in the property funds management market from around the world.
The MSIL PFMG committee comprises members from Australia, Netherlands, Argentina, Germany, Greece, Singapore, South Africa, Spain, United Kingdom and the United States.
O’Flynn said the MSIL PFMG will give Moore Stephens’ clients access to expert, integrated advice provided by accounting professionals in the property funds management market around the world.
“The increasing globalization of the property market has meant that numerous Moore Stephens firms have developed significant expertise in cross-border transactions. The MSIL PFMG has been formed to leverage this expertise for the benefit of our clients, no matter where they choose to do business.
“One of the hot topics at the moment is structuring issues relating to minimising tax in local jurisdictions. And, it’s not just the large property fund managers that are heading overseas – the boutique property fund managers are actually leading the way into emerging markets such as South Africa, South America, Eastern Europe, India and Asia,” he added.
Australian Property Journal
