TAP becomes first offshore member of Reita

clock

The Advantage Property Income trust (TAP) has become the first exclusively offshore investment company member of Reita, the educational and awareness campaign for REITs.

Launched in February 2005, TAP is a Guernsey-based high income commercial property investment company with assets totalling over £240m (as at March 31 2008) and providing investors with a high income from a diverse portfolio of commercial property in the UK and Channel Islands. The portfolio comprises over 70 office, industrial, retail and leisure property assets and is managed by Valad the "value adding" property fund and asset manager. Dave Butler, head of external affairs at Reita, commented: "We are delighted to have TAP onboard. The proposition of tax efficiency, high dividends and a...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

Advisers expecting more of asset managers since Consumer Duty

Advisers expecting more of asset managers since Consumer Duty

‘We actually need to understand one another better’

Hope Coumbe
clock 28 March 2024 • 1 min read
Fears tech limitations could stall MPS on its upward trajectory

Fears tech limitations could stall MPS on its upward trajectory

‘There have been a few changes and challenges around growth in general’

Hope Coumbe
clock 27 March 2024 • 1 min read
Partner Insight: Beyond 60/40

Partner Insight: Beyond 60/40

Invesco
clock 27 March 2024 • 5 min read