A major real estate project backed by the famous value hedge fund Baupost Group appears to be moving ahead with an anticipated profit of over £30 pounds ($50.32 million). Sales efforts to start in fall as phase 1 completion targeted January, 2015 In a PowerPoint presentation from Helical Bar plc (LON:HLCL), a UK real estate developer who is partnering with Seth Klarman’s Baupost on property development in Bart’s Square, London, said plans for the buildings had been approved. The bulk of development covers two office building projects that will include 215 residential apartments and 21,800 square feet of retail development next to…
Baupost Group London Real Estate Deal Clears Hurdle
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.
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