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Authorised property units trusts

By: Contributor(s): Language: English Series: Journal of Property Finance ; 2(4) Spring 1992, 468-475(8)Publication details: 1992Subject(s): Summary: Looks at the origins of Authorised Property Unit Trusts (APUTs) which came into effect from 15 July 1991 and the rules and regulations which govern them. Further considers why Norwich Union established an APUT, how it has set up the NPT, the structure of the trust, the target market and the liquidity strategy of the fund. Concludes with suggestions on how APUTS might evolve in future. (Adapted from Journal Abstract).

Looks at the origins of Authorised Property Unit Trusts (APUTs) which came into effect from 15 July 1991 and the rules and regulations which govern them. Further considers why Norwich Union established an APUT, how it has set up the NPT, the structure of the trust, the target market and the liquidity strategy of the fund. Concludes with suggestions on how APUTS might evolve in future. (Adapted from Journal Abstract).