Reits research 'positive'

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Figures published by Reita suggest advisers are expressing increasing interest in the vehicles ahead of the opening of the UK Reits market in January.

A survey of 200 advisers carried out by NMG Research on behalf of Reita, the industry body representing Reits providers, found 44% intended to put Reits into clients’ portfolios, an increase of 10% on similar research six months ago. The level of awareness of Reits has also increase, with fewer than 1-in10 advisers surveyed saying they are “not at all informed” about Reits. Those considered to be “general practitioner advisers” are said to be better informed than wealth managers, pensions advisers and even compliance staff. Reita says despite lack of awareness among pensions advise...

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