Journal of Property Finance: Volume 3 Issue 1
Table of contents
Changes in Accounting Rules
David S. RylandAnalyses recent and proposed changes to accountancy practice.Includes: treatment of off‐balance sheet loans, joint ventures, options,securitization, convertible bonds, stepped…
Structuring Joint Ventures in Property: The Tax Implications
C.E. BeerLooks at some essential issues of a joint venture – whetherit is of a trading or investment nature and the capital gainsimplications. Discusses the main joint venture vehicles…
Property Leasing in Germany
Thomas Gasteyer, Jennifer MarlowDescribes the leasing market in Germany. Discusses the legalities,terms and conditions, Taxation and accounting treatment. Argues that theuncertainty of ownership in the former…
The Funding of an Enterprise Zone: Doxford International
Michael BrodtmanDiscusses Enterprise Zones, their background and their significanceto businesses and developers. Details the funding of a specificdevelopment (Doxford International, Sunderland)…
The Urban Development Grant: Funding the Commercial Revitalisation of Belfast
J.N. Berry, W.S. McGrealGives background to the Urban Development Grant (UDG), withparticular reference to Northern Ireland. Considers some examples of theapplication of UDG in central Belfast. Evaluates…
The Influence of Property in the Brent Walker Situation
Peter TempleExamines the characteristics of some of Brent Walker′s majorprojects and the role of property in both its development and downfall.Draws out seven lessons to be learnt, including…
The Use of Documentation in the Development and Operation of Property Computer Systems
Chris GarbettExamines the role of documentation in systems design and operation.Emphasizes the need for communication between user and programmer.Discusses the various documents employed…
Capitalisation of Interest for Property Companies
Richard SmeeDescribes the current position of capitalizing interest into thecost of property development within UK law and accounting standards.Contrasts this with the situation in other…
Improving Cash Flow for a Property Company through Repackaging
John A. TheophilusOffers practical advice to a company experiencing cash flowdifficulties. Advocates a repackaging plan. Advises on how assets andinvestments should be treated, how to generate cash…