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Finding the funding

By: Language: English Series: Estates Gazette ; 281(6321) 14 February 1987, 616-635(4)Publication details: 1987Subject(s): Summary: Property investment has experienced major changes; the move away from property by the financial institutions and the increase in bank lending to property companies, creating an equity funding gap, has stimulated a range of new financing techniques. Examines the development of the securitisation market, comparing the three alternatives, PINCS , single property unit trust , Billingsgate and single asset property company , and another investment vehicle, unitisation .

Property investment has experienced major changes; the move away from property by the financial institutions and the increase in bank lending to property companies, creating an equity funding gap, has stimulated a range of new financing techniques. Examines the development of the securitisation market, comparing the three alternatives, PINCS , single property unit trust , Billingsgate and single asset property company , and another investment vehicle, unitisation .