International Property Finance Report 2022

Running head: INTERNATIONAL PROPERTY FINANCE
International Property Finance
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Authors’ note

1INTERNATIONAL PROPERTY FINANCE
EXECUTIVE SUMMARY:
This report is providing the brief idea about the real estate investment trust or REIT. Here, in
this report for evaluating the overall performance of a REIT, selecting the Scentre Group. In
the first part of this report providing a basic overview of Scentre Group. The details about the
group’s performance, profit evaluation method, amount of profitability etc. Next to such a
basic overview, this report is providing a brief idea about the using of AASB. After such
individual AASB details, this report is offered the general accounting policies. Next to such
accounting policies, this report is providing the relevant idea about group’s investment
policies, Derivative financial instruments, taxation policies, generally followed depreciation
method etc. As a final presentation, this report is providing the complete details of the
group’s capital structure.

2INTERNATIONAL PROPERTY FINANCE
Table of Contents
Introduction................................................................................................................................3
Discussions.................................................................................................................................4
Followed AASB:....................................................................................................................5
Accounting policies:...............................................................................................................5
Investments:...........................................................................................................................6
Taxation:................................................................................................................................6
Depreciation:..........................................................................................................................7
Capital Structure:...................................................................................................................7
Conclusion:................................................................................................................................9
References:...............................................................................................................................11

3INTERNATIONAL PROPERTY FINANCE
Introduction
In general, the term real estate investment trust or REIT is implying to a closed to end
investment organization. Such REIT usually owns assets related to real estate, and those are
like the buildings, real estate securities, buildings etc. Such organization is generally earned
its revenues from the collection of investor’s amount and through providing them the access
of such real estate assets. Publically such real estate is built their cash for their portfolios
through selling shares on an exchange. Generally, the REIT’s are required to distribute
according to the legal point of views at least 90% of their taxable income to the investors.
Such revenues are generated through the rent, fees for proper managing or leasing of usable
properties (Andreasen, Schindler and Valenzuela 2017).
A real estate investment trust is normally required to funding their capital just like any
other corporation. Normally the way a publically traded REIT does is called initial public
offering. Such investment is generally followed the same way just like selling any other
stocks to the public. Such publics have implied those peoples who are usually making their
investment in the corporations’ income. Generally, the way a real estate investment trust’s
profits are generally evaluated is called fund from operation or FFO (Bradley, Pantzalis and
Yuan 2016). As per the statement made by National Association of real estate investment
trusts or NAREIT, the fund from operation is normally stated as the calculation of net income
through the rent or sales of real estate properties after the deduction of the cost of
administration or financing. Such estimation is normally based on the concept that is
provided by the GAAP. In this assignment using one of the Real estate investment
companies, which is Scentre group.