Publisher's Synopsis
Real estate investment trusts (REITs) - tax-transparent property trusts quoted on a recognised stock exchange - were finally introduced in January 2007 following a decade of industry lobbying. They are expected to deliver greater liquidity and flexibility to the UK investment market and, thus far, all major large quoted property companies have converted.
This book will set out the rationale behind the introduction of REITs, detail the requirements for investing in or converting to a REIT and ultimately set out the benefits that can be achieved, with specific reference to the experience gained in foreign jurisdictions such as the US, where this type of structure has existed for a decade.
* Explains the thinking behind the introduction of Real Estate Investment Trusts
* Lays out the benefits of investing in property trusts
* Detailed information for individuals and corporations planning to invest in REITS
