Journal of Valuation: Volume 5 Issue 4
Table of contents
RAISING FINANCE FOR NEW DEVELOPMENT
RICHARD GIBBSSummary With the advent of very large development schemes, traditional forms of funding have proved insufficient in meeting the massive cost of such developments. This paper looks…
FINANCING PROPERTY DEVELOPMENT
PAUL ORCHARD‐LISLESummary This paper, which was originally presented as the inaugural lecture of the Centre for Studies in Propety Valuation and Management at the City University in March 1987…
THE SECURITISATION OF A HYPOTHETICAL SHOPPING CENTRE
TONY HUMPHREYSecuritisation, unitisation and PINCS are all, in essence, very simple. They share a common objective of creating a market instrument which gives investors a return which is…
THE UNITISATION OF A HYPOTHETICAL OFFICE INVESTMENT
JOHN FENNERProperty Income Certificates (PINCS) were conceived as a means of unitising properties. They will enable investors to acquire a direct investment in part of a property as if they…
TAX RELIEF AND PROPERTY FINANCE
MAURICE PARRY‐WINGFIELDWith property finance it is often a case of grabbing an opportunity as soon as it presents itself. Failure to consider the tax consequences beforehand may mean that it is not such…