Greit Opportunity

The booming global property investment market has made Real Estate Investment Trusts (REITs) one of the fastest expanding areas of stock markets since 2000, particularly in the United States, but also in Japan and France where they were launched in 2001 and 2003 respectively. The UK Government has now committed to introducing UK REITs in the Finance Bill of 2006 and they are the most hotly anticipated investment vehicle in the UK property sector.

However, GREITs have always been available to UK investors and it is estimated that there is more than 3 billion pounds in listed property companies in Guernsey. These companies are readily available to UK investors and provide most of the benefits of a REIT not only from a taxation perspective but also from an investment diversification perspective.