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 redevelopment of existing Real Estate held by the Trust), but does not include refurbishments, retrofittings and renovations;” 5. A new definition of “Property Development Cap” be inserted in alphabetical order under clause 1.1 of the Trust Deed as follows:
Sample 1
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;”
Sample 1Sample 2
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 redevelopment of existing Real Estate held by the Trust), but does not include refurbishments, retrofittings and renovation;
Sample 1

Examples of Property Development and Related Activities in a sentence

  • In addition to the above amendments to the REIT Code regarding Property Development and Related Activities, the amendments to the REIT Code in August 2014 have also introduced flexibility for REITs to invest in listed securities, unlisted debt securities, government and other public securities and property funds, subject to certain limitations.

  • The Manager has not previously engaged in Property Development and Related Activities.

  • There is no guarantee of a return from any investment in Property Development and Related Activities.

  • Such period may be extended if, for the reasons noted above, completion of the Property Development and Related Activities is delayed.

  • These are outlined below Property Development and Related Activities Uropa and Seasons Residential ApartmentsThis development undertaken by IEC (Management) Pty Ltd.

  • In relation to property development, the REIT Code Amendments allow REITs to engage in Property Development and Related Activities, which encompass: (a) the carrying out of property developments (including both new development projects and re-development of existing properties) undertaken in accordance with the REIT Code; and (b) the acquisition of uncompleted units in a building which is un-occupied or in the course of substantial development, re-development or refurbishment.

  • With the expansion of The Link REIT’s investment strategy to include Property Development and Related Activities, the Manager is able to add quality retail/commercial assets of its design to optimise and upgrade the portfolio of The Link REIT.

  • With the ability to engage in Property Development and Related Activities, The Link REIT may avoid being compelled to sell an aging property at a price that does not reflect the full potential of the property.

  • The progress of Property Development and Related Activities and the costs in relation thereto may be affected by factors such as labour disputes, construction accidents, shortage of materials, equipment, contractors and skilled labour, natural catastrophes and adverse weather conditions.

  • In view of the investment relaxation and flexibility introduced by the amendments to the REIT Code, the Manager proposes to reflect such changes in the Trust Deed so that Fortune REIT may engage in or undertake Property Development and Related Activities.


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 re-development of existing Real Estate held by the Trust), but does not (for the purpose of determining whether the Property Development Cap has been complied with) include refurbishments, retro-fittings and renovations;
Sample 1
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;”
Sample 1

Related to Property Development and Related Activities

  • Existing development means development, other than that associated with agricultural or forest management activities, that meets one of the following criteria:

  • Nuclear fuel cycle-related research and development activities means those activities which are specifically related to any process or system development aspect of any of the following: - conversion of nuclear material, - enrichment of nuclear material, - nuclear fuel fabrication, - reactors, - critical facilities, - reprocessing of nuclear fuel, - processing (not including repackaging or conditioning not involving the separation of elements, for storage or disposal) of intermediate or high-level waste containing plutonium, high enriched uranium or uranium-233, but do not include activities related to theoretical or basic scientific research or to research and development on industrial radioisotope applications, medical, hydrological and agricultural applications, health and environmental effects and improved maintenance.

  • fishing related activities means any operation in support of, or in preparation for, fishing, including the landing, packaging, processing, transshipping or transporting of fish that have not been previously landed at a port, as well as the provisioning of personnel, fuel, gear and other supplies at sea;

  • experimental development means acquiring, combining, shaping and using existing scientific, technological, business and other relevant knowledge and skills with the aim of developing new or improved products, processes or services. This may also include, for example, activities aiming at the conceptual definition, planning and documentation of new products, processes or services;

  • Restricted Activities means and includes the following:

  • Funded Activities means the activities set out in Annex 2 of these Conditions; Funding Period means the period for which the Grant is awarded starting on the Commencement Date and ending on [INSERT PROJECT END DATE]; General Data Protection Regulations and GDPR means (Regulation (EU) 2016/679); Grant means the sum or sums the Authority will pay to the Grant Recipient in accordance with paragraph 4 of these Conditions and subject to the provisions set out at paragraph 26.

  • Non-profit housing development means development of a building or structure intended for use as residential premises by,

  • Permitted Activities The primary activities of the trust created pursuant to this Agreement which shall be:

  • Medical Affairs Activities means, with respect to any country or other jurisdiction in the Territory, the coordination of medical information requests and field based medical scientific liaisons with respect to Licensed Compounds or Licensed Products, including activities of medical scientific liaisons and the provision of medical information services with respect to a Licensed Compound or Licensed Product.

  • Community Developmental Disability Program (CDDP means an entity that is responsible for planning and delivery of services for individuals with developmental disabilities in a specific geographic service area of the state operated by or under a contract with the Division or a local mental health authority.

  • Commercial Development means any development on private land that is not heavy industrial or residential. The category includes, but is not limited to: hospitals, laboratories and other medical facilities, educational institutions, recreational facilities, plant nurseries, multi-apartment buildings, car wash facilities, mini-malls and other business complexes, shopping malls, hotels, office buildings, public warehouses and other light industrial complexes.

  • Development Area means that area to which a development plan is applicable.

  • Commercial cannabis activity means the production, cultivation,

  • Development Activities means any activity, including the discharge of dredged or fill material, which results directly in a more than de minimus change in the hydrologic regime, bottom contour, or the type, distribution or diversity of hydrophytic vegetation, or which impairs the flow, reach, or circulation of surface water within wetlands or other waters;

  • Residential Development means lands, buildings or structures developed or to be developed for residential use;

  • Mixed use development means a Building used, designed or intended for Residential and Non-Residential uses, where:

  • sustainable development means development which meets the needs of the present without compromising the ability of future generations to meet their own needs.

  • site development plan means a dimensioned plan drawn to scale that indicates details of the proposed land development, including the site layout, positioning of buildings and structures, property access, building designs and landscaping;

  • Affordable housing development means a development included in the Housing Element and Fair Share Plan, and includes, but is not limited to, an inclusionary development, a municipal construction project or a 100 percent affordable development.

  • Commercial project means any project, including, but not

  • Housing development as used in this section, means a development project for five or more residential units, including mixed-use developments. For the purposes of this section, “housing development” also includes a subdivision or common interest development, as defined in Section 4100 of the Civil Code, approved by a city, county, or city and county and consists of residential units or unimproved residential lots and either a project to substantially rehabilitate and convert an existing commercial building to residential use or the substantial rehabilitation of an existing multifamily dwelling, as defined in subdivision (d) of Section 65863.4, where the result of the rehabilitation would be a net increase in available residential units. For the purpose of calculating a density bonus, the residential units shall be on contiguous sites that are the subject of one development application, but do not have to be based upon individual subdivision maps or parcels. The density bonus shall be permitted in geographic areas of the housing development other than the areas where the units for the lower income households are located.

  • Commercial Activities means activities conducted on a commercial basis.

  • Development Agreements means all development, utility or similar agreements included in the Permitted Encumbrances.

  • Infill development means new construction on a vacant commercial lot currently held as open space.

  • licensed activities means things authorised to be done by the licence

  • Development Site means any parcel or lot on which exists or which is intended for building development other than the following: