An internet portal has been launched to act as a source of information on quoted property investment and real estate investment trusts (Reit).
The portal – www.reita.org – will aim to provide education and training tools for financial advisers, as well as other financial specialists and private investors.
It will contain links to individual providers of investment products and will also provide access to regularly updated share prices and financial histories for all quoted property companies, regardless of their Reit status.
Liz Peace, chief executive of The British Property Federation, one of the organisations involved with the portal says: “While there is a clear appetite for property among private investors, there is little unbiased information publicly available on Reits and quoted property. We wanted to create something to fill this gap and we are confident that reita.org will be widely welcomed and used.”
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