Bernadette Pope an Associate in the Tax team at law firm Walker Morris looks at REITs and the practical issues which can arise on a joint venture
Real Estate Investment Trusts (REITs) are still in their infancy in the UK (the concept of a REIT having been first introduced in Australia in 1971). Now that a full year has passed and the second year of activity is well under way this article takes a look at some of the issues which have arisen as companies seek to apply and administer the new rules in practice. Particular emphasis is placed on joint ventures between REIT and non-REIT companies (referred to throughout as the REIT and non-REIT shareholder respectively).
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Bernadette Pope an Associate in the Tax team at law firm Walker Morris looks at REITs and the practical issues which can arise on a joint venture
Real Estate Investment Trusts (REITs) are still in their infancy in the UK (the concept of a REIT having been first introduced in Australia in 1971). Now that a full year has passed and the second year of activity is well under way this article takes a look at some of the issues which have arisen as companies seek to apply and administer the new rules in practice. Particular emphasis is placed on joint ventures between REIT and non-REIT companies (referred to throughout as the REIT and non-REIT shareholder respectively).
Entry charge
...
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