Moving ahead on Reits could give industry a much needed boost

As ever, rumours are beginning to circulate about the potential contents of the Chancellor's forthco...

As ever, rumours are beginning to circulate about the potential contents of the Chancellor's forthcoming pre-budget report, with several long-running areas expected to see major development. The most anticipated of these, for the second year running - if not the third - is the introduction of UK Reits. The only movement in actually introducing these vehicles to the market over the past two years seems to have been in the name, starting out as Reits, after the US version of the vehicles, before switching to Property Investment Funds and then back once again to Reits. The hold up with UK R...