Reits are not realising full potential

Lack of knowledge of global property among advisers is hindering the growth of Reits in the UK marketplace

Intermediaries' lack of understanding of global property markets could be preventing Reits from realising their full potential. Ian Hally, investment director of real estate securities at Scottish Widows Investment Partnership, explained Reits were introduced to improve access to real estate markets for investors unwilling to take the often costly and slow traditional route. As well as their lower transaction costs, Reits can bring investors into contact with specialist skilled managers, according to Hally. He believes there is evidence that in countries such as Australia, where Reits ha...