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Finance special REITS

Language: English Series: Estates Gazette ; (0402) 10 January 2004,47-53(7)Publication details: 2004Subject(s): Summary: Finance special examining REITs, following the government's commitment to public consultation on REITs in its December pre-budget report. Articles cover the development of REITS, their benefits and likely structure, the US REIT and French SIIC model, the views of Helical Bar and Pillar on the implications of UK REITs for the future of their businesses. "Treasury eyes take from shower of gold" suggests that the economic case for REITs is based on the vast equity inflow to property following on their introduction, with the opportunity for government to increase the tax take from property through the rapid expansion of the sector. Provides a table giving the estimated effect of the introduction of UK REITS on 10 major property companies. UK REITs may be announced in the 2005 budget.
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Item type Current library Call number Copy number Status Barcode
Journal article London Journal article ABS67435 (Browse shelf(Opens below)) 1 Available 124982-1001

Finance special examining REITs, following the government's commitment to public consultation on REITs in its December pre-budget report. Articles cover the development of REITS, their benefits and likely structure, the US REIT and French SIIC model, the views of Helical Bar and Pillar on the implications of UK REITs for the future of their businesses. "Treasury eyes take from shower of gold" suggests that the economic case for REITs is based on the vast equity inflow to property following on their introduction, with the opportunity for government to increase the tax take from property through the rapid expansion of the sector. Provides a table giving the estimated effect of the introduction of UK REITS on 10 major property companies. UK REITs may be announced in the 2005 budget.