Pre-Budget report likely to be a mixed bag for developers

Dec. 5, 2005
The chancellor’s pre-Budget report on the state of the economy, which will be delivered this afternoon, is likely to be a mixed bag for developers. Gordon Brown’s plan to legislate to introduce reits (real estate investment trusts) next year is expected to provide a boost to the property market. The government’s new raft of shared equity proposals to encourage first …

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