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Real estate industry

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A new focus on MEPC

Article Abstract:

UK property firm MEPC has attracted much criticism for its diverse and unfocused property portfolio, but managing director James Tuckey is satisfied with this diversity, both geographically and in terms of type of property. Tuckey believes that achieving a balance of industrial, office and retail property offers the best return for shareholders. MEPC has recently restructured its management so that responsibility is not focused according to geographic lines but according to type of property.

Author: Brett, Michael
Publisher: Reed Business Information Ltd.
Publication Name: Estates Gazette
Subject: Real estate industry
ISSN: 0014-1240
Year: 1996
Management, Real estate industry, MEPC PLC, Company Profile

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Change for leasebacks: new rules will close the loopholes in accounting for sale and leasebacks

Article Abstract:

Accounting conventions can have a significant affect on the way businesses decide to structure transactions. The new rules for leases propose that the accounting treatment of certain types of lease should change, with the abolition of the distinction between finance leases and operating leases. The changes will have a major impact on accounting for property, and industry needs to join discussions, particularly on the proposed accounting treatment of leasebacks.

Author: Brett, Michael
Publisher: Reed Business Information Ltd.
Publication Name: Estates Gazette
Subject: Real estate industry
ISSN: 0014-1240
Year: 1996
Purchasing via Leasing, Purchasing, Accounting and auditing, Leases, Lease and rental services

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