Tuesday, December 7, 2010

Lowering Corporate Tax could Restore 10% of Global Real Estate

According to the Real Estate Research and Strategy at Standard Life Investments (SLI), tenant demand for properties in the commercial sectors began to recover, and the UK has become the first bright spot in the recovery phase than many other western markets.

Its estimated that the Global real estate returns would reach 10% for commercial development investors. This will be seen from the estimated return on the sources of financial income return in the coming year.

Current commercial real estate is truly a global market. According to a representative of the Institute of Directors (IoD), the government's decision to program the corporate tax reform will not be enough to help the UK property market. It will not be good if the government did not lower the corporate tax to a lower amount. Because in the opinion of Richard Baron, head of taxation at the IOD, the fundamental factors in increasing investor interest in the UK is by lowering corporate taxes to a lower amount.

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