000 01019cab a22001935a 4500
001 L151033
008 100924e2010 xxk 000 0 eng d
035 _a(Sirsi) u151033
041 0 _aeng
100 1 _aWhitmore, James
245 0 0 _aREITs 'destroy' £24bn of value
260 _c2010
490 0 _aProperty Week
_v76(36) 17 September 2010, 17(1)
520 _aResearch by the Bell-Mallen partnership has concluded that the five largest UK REITs collectively destroyed £24.1bn of shareholder value over the last decade, far more than their £17bn combined stock market worth. The relative performance of the UK listed property sector has been awful - UK REITs delivered between 2006 and 2009 a total return of -26.3%, lagging all other main listed markets. Covers the economic profit losses produced by the big five REITs and the returns of UK REITS 2006-2009.
590 _aKA
651 4 _aUnited Kingdom
_y
690 _aPROPERTY-PROPERTY FINANCE AND INVESTMENT-REAL ESTATE INVESTMENT TRUSTS
942 _n0
999 _c82698
_d82698