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28 May 2012

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IASB 'shockwave' for property industry almost averted - EPRA

Proposed changes to accountancy rules that would have required valuations and rental income figures to be removed from balance sheets of property companies are close to being thrown out by the International Accountancy Standards Board, averting a change that would have sent a shockwave through the industry, according to the European listed property firms association EPRA. (See upcoming PIE editions for full story)

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