In a spin

Article Abstract:

Some agricultural land in Dublin, Republic of Ireland, is being developed for the residential market to cope with the demand for houses. Observers point out the demand for housing, due to the relocation of business personnel, will keep prices rising in the near future. It is estimated the price of houses will increase by 26% in 1998 following a 38% rise in 1997. House prices are expected to increase by less than 10% in 1999 because the market cannot cope with ever rising prices. The government is trying to help first-time buyers by giving them tax breaks for properties in certain areas.

Residential Buildings, Residential Building Construction, Residential construction, Supply and demand, Ireland, Housing, Real estate development

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Tax shock for rent-factor retailers

Article Abstract:

A legal battle in the UK House of Lords could end in retailers and property firms facing extremely large back tax demands. The dispute relates to rent factoring, a system widely promoted in the mid-1990s for gaining relief from tax liability.

Taxation, Cases, Real estate industry, Tax evasion, Factoring (Finance)

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Retailers prepare fight for flexibility

Article Abstract:

Landlords in the UK are set to come under pressure from leading retailers to offer more flexible leases. Arcadia is seeking space in new shopping centre developments without upward-only rent review clauses.

Retail Trade, Analysis, Contracts, Landlord and tenant, Landlord-tenant relations

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