000 01109cab a22001935a 4500
001 L144262
008 080707s2008 xxkad f s 000 0 eng d
035 _a(Sirsi) u144262
041 0 _aeng
100 1 _aBaum, Andrew
245 0 0 _aDepreciation, income distribution and the UK REIT
260 _c2008
490 0 _aJournal of Property Investment and Finance
_v26(3) 2008, 195-209(15)
520 _aConsiders the prospect for UK REITS, introduced in 2007. Focuses on the possible influence of depreciation and expenditure on income and distributions. Discusses the different ways in which depreciation can affect vehicle earnings and value. Using property income and expenditure data, estimates what income for a UK REIT might have been between 1984-2003. Finds that a UK REIT must distribute a minimum of 90% of net income from its property rental business. Concludes that expenditure must occur if UK REITS are to maintain and refresh their portfolios.
590 _aKA
651 4 _aUnited Kingdom
_y
690 _aPROPERTY-PROPERTY FINANCE AND INVESTMENT-REAL ESTATE INVESTMENT TRUSTS
942 _n0
999 _c80407
_d80407