UK REIT Horizon Scanner 2019 Q3

Taylor Wessing takes its latest quarterly look at legal and regulatory issues on the horizon for UK REITs, including:

• changes to the submission process for NPPR
• results of FCA's review of how investment managers comply with their responsibilities
• the governments' consultations on Hackitt proposals and into ending no-fault evictions of private residential tenancies
• CGT for non-residents investing in UK commercial property
• draft legislation for a new capital allowance for new commercial structures and buildings
• corporate governance requirements including for modern slavery statements
• new Prospectus Regulation Rules, implementation of SRD II
• Companies House reform.