Chinks in the armour
Shepherd, Mark
Chinks in the armour - 2006 - Property Week 71(26) 30 June 2006, 66-67(2) .
Reviews current activity by property lawyers in scrutinising the limits of the REIT legislation in the run up to royal assent in July 2006. The Law Society thinks one of the riskiest areas is inadvertent breaches of the 10% shareholder dividend rule. Lawyers are also looking for room for manoeuvre within the rules preventing development activity in REITs.
United Kingdom--
Chinks in the armour - 2006 - Property Week 71(26) 30 June 2006, 66-67(2) .
Reviews current activity by property lawyers in scrutinising the limits of the REIT legislation in the run up to royal assent in July 2006. The Law Society thinks one of the riskiest areas is inadvertent breaches of the 10% shareholder dividend rule. Lawyers are also looking for room for manoeuvre within the rules preventing development activity in REITs.
United Kingdom--