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Housing investment trust launched

Series: Sunday Telegraph ; 4 March 2001, 1(1)Publication details: 2001Subject(s): Summary: The first housing investment trust, sponsored by broker Williams de Broe, is due to be launched next week. The new fund will be promoted as an alternative to buy-to-let investments, offering a 10% return on income units. The portfolio consists of 800 properties, mainly starter homes and flats, worth £57.5m.

The first housing investment trust, sponsored by broker Williams de Broe, is due to be launched next week. The new fund will be promoted as an alternative to buy-to-let investments, offering a 10% return on income units. The portfolio consists of 800 properties, mainly starter homes and flats, worth £57.5m.