Key Data INREV
Key Data INREV
- 2006
- EuroProperty December 2006, 57(1) .
REITs have existed in Europe since 1969, and are to be introduced in the UK in 2007, while France is about to launch a new unlisted vehicle. Non-listed funds association INREV says the impact of REITs on unlisted real estate vehicles is unclear. In many cases the cost of establishment, conversion, market regulation and other issues will make conversion unattractive to companies.
EUROPE
REITs have existed in Europe since 1969, and are to be introduced in the UK in 2007, while France is about to launch a new unlisted vehicle. Non-listed funds association INREV says the impact of REITs on unlisted real estate vehicles is unclear. In many cases the cost of establishment, conversion, market regulation and other issues will make conversion unattractive to companies.
EUROPE