• Overview/Key Facts
• History
• Management
• Business Model
  • Our Market
  • What are REITs?
• Corporate Governance

What are REITs?

The first UK Real Estate Investment Trusts (REITs) have now been established in the UK following Government legislation. The Company meets all the requirements of the current legislation and is well positioned to benefit from REIT status.

HM Treasury’s objectives for REITs were:

• To ensure returns from different forms of property investment were taxed in broadly the same way.

• To provide a liquid vehicle for investment in property.

• To provide smaller investors with access to returns from commercial property.

• To encourage a larger percentage of equity input into property investment.

• To encourage the release of assets from the balance sheet of property occupiers.

• To encourage greater professionalism in the rented housing sector.

• To encourage supply of residential stock by providing an exit route for house-builders.

We are looking to become the REIT of choice in the local shopping sector.