Global REITS to hit £1trn

That is according to Fidelity’s Global Property fund manager Steve Buller, who also warned that while the advent of REITs will launch a trend to “securitise” property assets, not all companies would fit that structure. Buller said: “Many may prefer to retain their earnings and reinvest them into new projects, rather than paying them out as dividends. “REITs are a great way to invest, but they should not replace funds that invest in property securities across the board as clearly it is the underlying investment that counts, rather than just the ability to receive dividends.” He said...