Alt Investments

UK REITs Market Set to Grow for HNWs

Stephen Harris 18 January 2007

UK REITs Market Set to Grow for HNWs

The UK real estate investment trust market is set to grow to include a greater number of specialist products likely to attract high net-wort...

The UK real estate investment trust market is set to grow to include a greater number of specialist products likely to attract high net-worth individuals, according to Reita, a campaign group created to promote REITs. While retail investors are more likely remain in collective investment schemes, high net-worth individuals will be able to pick and choose REITs appropriate for their chosen specialist property area, the organisation states. High net-worth individuals are likely to be attracted to investing in specialist property companies due to the tax-efficient nature of REITs says Reita.

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