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.