Take your partners

Article Abstract:

Co-ownership of British shopping centres is increasing in popularity because investors prefer to have an interest in a number of sites. Some investors want an interest in a site but do not want to have to be involved in managing the property. Others are more willing to invest in less attractive centres if they are able to share the risk. The most popular methods of owning shopping centres is through a limited partnership or by trusts for land whilst some older shopping centres are owned under a leasehold interest scheme.

Author: Heighton, Mark
Investment Offices, Investment Companies, Open-End Investment Funds, Shopping Center Developers, Analysis, Finance, Retail industry, Retail trade, Investments, Real estate investment, Real estate investments, Shopping centers, Co-ownership, Co-ownership (Real estate)

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Central and Eastern European markets

Article Abstract:

Many western companies have taken advantage of new opportunities created in Central and Eastern Europe, following the move towards market economies and the collapse of communist regimes. There is increased demand for property of all types in those areas. Those investing must consider the laws in each country separately, although there are a number of common themes throughout Central and Eastern Europe including private ownership, former owners and leases.

Author: Heighton, Mark
Subdividers & Developers, Subdividers and Developers

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Hands off: Lock-out agreements can help companies hang on to sites as they negotiate the purchase but parties should beware of their limitations

Article Abstract:

Lock-out agreements are being entered into by more and more companies, but there are strengths and weaknesses in such arrangements. A lock-out agreement will not commit an owner to sell land and potential buyers are not obliged to purchase a site. However it can be a legally binding agreement making parties liable for breach of obligations, remedies for which would be injunctions and/or damages.

Author: Heighton, Mark
Industrial Real Estate Developers, Contracts

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Subjects list: Real estate development
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