The devil in the detail
Baker, C.
The devil in the detail - 2004 - Axis 58(2)May/June 2004, 8(1) .
Considers why financial experts are warning that HM Treasury's proposed Property Investment Fund (PIF) is being set up to fail through over prescribed conditions, which are likely to be a turn-off for the property industry and investors alike. The PIF is designed to encourage pension funds and insurance companies to invest in house building and to make indirect investment in property as lucrative as direct involvement. The potential PIF market could be worth up to £25bn. Outlines HM Treasury's PIF consultation proposals (ISBN 1845320018).
The devil in the detail - 2004 - Axis 58(2)May/June 2004, 8(1) .
Considers why financial experts are warning that HM Treasury's proposed Property Investment Fund (PIF) is being set up to fail through over prescribed conditions, which are likely to be a turn-off for the property industry and investors alike. The PIF is designed to encourage pension funds and insurance companies to invest in house building and to make indirect investment in property as lucrative as direct involvement. The potential PIF market could be worth up to £25bn. Outlines HM Treasury's PIF consultation proposals (ISBN 1845320018).