GREIT12140 - Group conditions and rules: Financial Statements: G (property rental business) and G (residual): other entities – table

For an explanation of ‘opaque’ and ‘transparent’ treatment see GREIT12115 and GREIT12120 respectively.

Entity% interest (I) held by Group REITFinancial statement treatment
Members of Group REITI > 75%Transparent
Corporate joint venture with joint venture look-through electionI > 40%Transparent
Other corporate joint venturesI < 75%Opaque
OEICsI > 20%Transparent
 I < 20%Opaque
All other TCGA companiesI < 75%Opaque
All other entities including unit trusts & partnershipsI > 20%Transparent
I < 20%Opaque