Journal of Property Finance: Volume 5 Issue 3

The Funding of, and Investment in, British Science Parks : A Review

S.M. Gower, F.C. Harris

Examines the nature of science parks in Britain. Reviews the sources offunding and investment that have typically been utilized to support whatis, it is proposed, a specialized…

Environmental Risk: Implications of Rational Lender Behaviour

John C. Groth

Focuses on the impact of environmental risk on lenders′ behaviour.Begins by sketching background information then focuses on risk‐returnrelationships and offers scenarios faced by…

Property Leases with “Staircased” Rents: Some Specialist Market Applications

George Murdoch

Discusses how over the last few years a form of property lease has beendeveloped which is characterized by having predetermined levels ofrental uplift, rather than relying on open…

Implementation of the Goods and Services Tax (GST) in the Singapore Construction Industry

Low Sui Pheng, Carol P.W. Loi

Following the implementation of the Goods and Services Tax (GST) inSingapore on 1 April 1994, examines the problems and changes whichbuilding contractors in the construction…

Project Finance Secured on Non‐recourse Loans

Bill Maxted

Aims to investigate the reliability of two of the criteria commonly usedby banks in assessing the risks associated with lending on a commercialproperty project. The two criteria…