The collapse of the Vector Hospitality's £2.64bn flotation has given a shock to property lawyers, who in recent years have become used to the continuing…
June 10, 2007 at 08:03 PM
1 minute read
The original version of this story was published on Legalweek
The collapse of the Vector Hospitality’s £2.64bn flotation has given a shock to property lawyers, who in recent years have become used to the continuing upward spiral of the UK real estate market.
More worryingly, lawyers are rethinking the prospects for real estate investment trusts (REITs), the much-hyped tax-transparent structure that was supposed to reinvigorate the concept of the listed property company.
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