Share on LinkedInShare on LinkedIn

ARTICLE · 29 AUGUST 2006

The REIT Choice

As of 1 January 2007, investors will be able to invest in shares in UK Real Estate Investment Trusts (REITs).

United KingdomAccounting and Audit

As of 1 January 2007, investors will be able to invest in shares in UK Real Estate Investment Trusts (REITs). In reality it will take existing property companies some time to convert to a REIT so that initially the market will be small, but rapid growth is expected thereafter. So who should be interested and why?

After many years of lobbying and following the recommendations of the 2004 Barker Report on the supply of housing, the Government has finally legislated for UK REITs. The UK property industry felt they were at a disadvantage since many other countries such as the US and France had their own version of REITs. Additionally, UK listed property companies have traditionally traded at a substantial discount to net assets.

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

See more popular content from