Alvarium ’fesses up to real estate losses
The adviser’s high-net-worth clients have been told of impairments and write-offs in New Zealand and European assets.
An office development in Paris, dubbed Project Debussy, part-financed by Alvarium investors.
High-profile financial advisory firm Alvarium has told wealthy clients many of their investments in real estate are struggling, with several facing a complete write-off.
Alvarium, a sponsor of the New Zealand Sail GP team and Auckland FC, aims its services at high-net-worth investors, offering
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