Market Moves: Shaking up the rules for REITs

Fresh changes are likely to be ahead for the UK's real estate investment trusts. Treasury consultations on asset holding companies and the broader UK fund regime include various proposals, large and small, for altering how REITs are managed and treated.

The hope is that these changes will encourage more funds to set up shop in the UK, bolstering the industry, creating jobs and encouraging investment. But could some of the proposals risk damaging the “kitemark” of quality that the UK REIT regime has developed over the years?

To discuss this, EG deputy editor Tim Burke is joined on this podcast by:

• Roger Clarke, head of capital markets at the IPSX stock exchange
• Rachel Kelly, assistant director of finance policy at the British Property Federation
• Stephen Silvester, chief financial officer at Palace Capital