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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.