Real Estate Investment Trusts
In the United Kingdom, REITs are constituted as investment trusts. They must be UK resident and publicly listed on a stock exchange recognised by the Financial Services Authority. They must distribute at least 90% of their income.
Read more about this topic: Investment Trust
Famous quotes containing the words real, estate, investment and/or trusts:
“There is only one real tragedy in a woman’s life. The fact that her past is always her lover, and her future invariably her husband.”
—Oscar Wilde (1854–1900)
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—Anthony Trollope (1815–1882)
“The only thing that was dispensed free to the old New Bedford whalemen was a Bible. A well-known owner of one of that city’s whaling fleets once described the Bible as the best cheap investment a shipowner could make.”
—For the State of Massachusetts, U.S. public relief program (1935-1943)
“In society, in the best institutions of men, it is easy to detect a certain precocity. When we should still be growing children, we are already little men. Give me a culture which imports much muck from the meadows, and deepens the soil,—not that which trusts to heating manures, and improved implements, and modes of culture only!”
—Henry David Thoreau (1817–1862)