Language : English
Published : 2017-10-24
Pages : 688
Guide to Global Real Estate Investment Trusts
Guide to Global Real Estate Investment Trusts aims at a comprehensive analysis of the existing Real Estate Investment Trusts (REIT) regimes. The global listed property sector has been characterized by a variety of noteworthy developments over the recent past, the key being the proliferation of REIT-type structures in countries around the world. Despite an uncertain economic environment, REITs have proven their ability to promote institutional real estate investments in global financial markets. In light of this growing focus, this book provides a fundamental knowledge of the most important REIT legislations and an in-depth analysis on the regulatory and tax laws governing the REIT regime. What’s in this book: This book features on such topics and issues as: legal and tax underpinnings of REIT-friendly legislations; critical analyses on the tax treaties’ aspects of REITs, including OECD recommendations; structure and functioning of a REIT; REIT formation, operation and liquidation, mergers, acquisitions and dispositions; planning for public and private REIT offerings and re-securitizations. How this will help you: REITs are inherently complex, and their interplay with tax treaties further compounds the complexity. As a work that is updated regularly, this book helps investors, lawmakers and finance authorities to continuously monitor the evolution of the market and regulatory framework and thereby expand their knowledge of the REIT regimes that are undergoing constant change. Thus, this highly accessible yet authoritative work serves as the perfect decision-making tool for any professional looking for guidance on the challenges and opportunities REITs engender.
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The authors cover topics such as: understanding global governance, the challenges of governance, the theoretical foundations of global governance and the need for global governance.
“For the life of a diplomat is often a variation of routine boredom and exhilarating crises.”
Maurice Baker is an academic and one of Singapore’s pioneer diplomats. Growing up in colonial–governed Malaya and Singapore, his profound love for great literature works inspired him to obtain an honors in English from King’s college, London in 1948 despite the cruelties faced during and after the Second World War. Baker’s humble beginnings and political consciousness earned him the friendship and respect of many diplomats during his missions to India in 1967, Malaysia in 1969, Philippines in 1977 and back to Malaysia in 1980 before retiring from his career as a diplomat in 1988. Between his diplomatic missions, Baker returned to Singapore in 1972 to head the Department of English at the University of Singapore for five years.
This is Baker’s story of how he came to be The Accidental Diplomat. With occasional poems and a sense of humor, he candidly recounts the colourful romances of his life to his enriching encounters of diplomatic relations. His portrayals of admiration for great leaders and men paint a vivid picture of the qualities that guided his beliefs, proving that he was by no means an “Accidental Diplomat” in the eyes of others.
Since the publication of the first edition of Elements of Family Law in Singapore in 2007, there have been further developments in the law, both in statutory form as well as case law. This updated second edition follows the original, largely discussing, the developments and its impact on the state of the law currently. The author has striven to improve upon the discussion of the core principles in each topic in this edition.
The Court of Appeal leads the judiciary in its continuing effort to ensure that pristine common law principles are interpreted to serve local needs and circumstances as they should. The High Court has clarified the dominating role of the Women’s Charter in formation of marriages. The separate parts of the law regulating parents and their children are better rationalised to uphold the unique position of parents over other adults who may be interested in the well-being of someone else’s child. The Court of Appeal affirmed and clarified the law regulating marital agreements including pre-nuptial agreements. In the area of division of matrimonial assets, the Court of Appeal has delivered several significant decisions clarifying the law as based upon the concept of deferred community of property where equal credit should be accorded to nonfinancial contribution to acquisition as financial contribution, expounding the purposive interpretation of what properties are matrimonial assets and explaining its view of how to achieve the just and equitable proportions of division as mandated by the statutory provision.
Amongst significant statutory developments is the enactment of the International Child Abduction Act 2011 which enforces Singapore’s commitment in acceding to the Hague Convention on the Civil Aspects of International Child Abduction. New provisions for the better enforcement of orders of financial provision, whether of maintenance or division of matrimonial assets, after termination of marriages are also explained.
Calls by political leaders, social activists, and international policy and aid actors for accountability reforms to improve governance have never been more widespread. For some analysts, the unprecedented scale of these pressures reflects the functional imperatives and power of liberal and democratic institutions accompanying greater global economic integration. This book offers a different perspective, investigating the crucial role of contrasting ideologies informing accountability movements and mediating reform directions in Southeast Asia. It argues that the most influential ideologies are not those promoting the political authority of democratic sovereign people or of liberalism’s freely contracting individuals. Instead, in both post-authoritarian and authoritarian regimes, it is ideologies advancing the political authority of moral guardians interpreting or ordaining correct modes of behaviour for public officials. Elites exploit such ideologies to deflect and contain pressures for democratic and liberal reforms to governance institutions.
The book’s case studies include human rights, political decentralization, anticorruption, and social accountability reform movements in Cambodia, Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Vietnam. These studies highlight how effective propagation of moral ideologies is boosted by the presence of powerful organizations, notably religious bodies, political parties, and broadcast media. Meanwhile, civil society organizations of comparable clout advancing liberalism or democracy are lacking. The theoretical framework of the book has wide applicability. In other regions, with contrasting histories and political economies, the nature and extent of organizations and social actors shaping accountability politics will differ, but the importance of these factors to which ideologies prevail to shape reform directions will not.
Oxford Studies in Democratization is a series for scholars and students of comparative politics and related disciplines. Volumes concentrate on the comparative study of the democratization process that accompanied the decline and termination of the cold war. The geographical focus of the series is primarily Latin America, the Caribbean, Southern and Eastern Europe, and relevant experiences in Africa and Asia. The series editor is Laurence Whitehead, Official Fellow, Nuffield College, University of Oxford.