The devil in the detail
Language: English Series: Axis ; 58(2)May/June 2004, 8(1)Publication details: 2004Subject(s): Summary: 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).| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | ABS67944 (Browse shelf(Opens below)) | 1 | Available | 126530-1001 |
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).