Property Development and Related Activities definition

Property Development and Related Activities means the acquisition of uncompleted units in a building by the Trust and property developments (including both new development projects and re-development of existing Real Estate held by the Trust), but does not include refurbishments, retrofittings and renovations;”
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Property Development and Related Activities means the acquisition of uncompleted units in a building by the Trust and property developments (including both new development projects and re-development of existing properties) undertaken in accordance with the REIT Code and the CIS code;”
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Property Development and Related Activities means the acquisition of uncompleted units in a building by the Trust and property developments (including both new development projects and re-development of existing properties) undertaken in accordance with the Code, but does not (for the purpose of determining whether the Property Development Cap has been complied with) include refurbishments, retro-fittings and renovations;
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Examples of Property Development and Related Activities in a sentence

  • As at 31 December 2021, Spring REIT did not enter into any (i) Investments in Property Development and Related Activities (as defined in Paragraph 2.16A of the REIT Code); or (ii) Relevant Investments (as defined in Paragraph 7.2B of the REIT Code).

  • During the Reporting Period, Spring REIT did not enter into any (i) Investments in Property Development and Related Activities (as defined in Paragraph 2.16A of the REIT Code); or (ii) Relevant Investments (as defined in Paragraph 7.2B of the REIT Code).


More Definitions of Property Development and Related Activities

Property Development and Related Activities means the acquisition of uncompleted units in a building by the Trust and property developments (including both new development projects and the redevelopment of existing properties, but does not include refurbishment, retrofitting and renovations) undertaken in accordance with the Code;”
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