Surplus Leasehold Liability Disposal
Client: Financial Services firm Brief: To dispose of a surplus leasehold property which comprised ground, first and second floors. Services requested: To mitigate risk and minimise cost of surplus retail property in Newcastle with five years remaining. Solution...
The British Property Federation
The British Property Federation have commented on the governments announcement on no relief for vacant properties being refurbished (www.costar.co.uk/en/assets/news/2013/September/Government-denies-rates-relief/). It is a missed opportunity to assist landlords and...
FT.com coverage
FT.com coverage – CORE have been working in association with Henley Business School on research in to the Surplus Lease problem for British Business. The Financial Times have provided initial coverage of the work, undertaken in association with our client, Surplus...
The new Exposure Draft on Leases
The new Exposure Draft on Leases by the International Accounting Standards Board (IASB) and US Financial Accounting Standards Board (FASB) (www.ifrs.org/Current-Projects/IASB-Projects/Leases/Exposure-Draft-May-2013/Pages/ED-and-comment-letters.aspx) was issued in May...