UK cash is going walkies. Could REITs stop the offshore exodus?
Series: Property Week ; 68(48) 5 December 2003, 38-41(4)Publication details: 2003Subject(s): Summary: The latest article in a campaign for a UK Real Estate Investment Trust (REIT). Presents the argument that due to UK tax, billions of pounds of British property is held offshore and that if government allowed a tax-transparent UK version of the real estate investment trust, investors would hold property onshore and benefit the UK economy. Also explores how Britain is lagging behind the rest of the world and briefly outlines property investment vehicles in America, France, Netherlands, Belgium, Australia, Japan, Singapore and South Korea.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | ABS67387 (Browse shelf(Opens below)) | 1 | Available | 124715-1001 |
The latest article in a campaign for a UK Real Estate Investment Trust (REIT). Presents the argument that due to UK tax, billions of pounds of British property is held offshore and that if government allowed a tax-transparent UK version of the real estate investment trust, investors would hold property onshore and benefit the UK economy. Also explores how Britain is lagging behind the rest of the world and briefly outlines property investment vehicles in America, France, Netherlands, Belgium, Australia, Japan, Singapore and South Korea.