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Campaign group launches to educate on Reits

A new publicity campaign branded as Reita has launched in a bid to raise awareness of the impact of Reits to the UK market when they come in on January 1, 2007.

The Reits and Quoted Property Group – is a collective of 30 companies including eight quoted property companies, nine fund managers, the British Property Federation, London Stock Exchange, 10 merchant banks and advisers and the Investment Property Forum.

The portal – reita.org – will be used to will provide information and tools for IFAs and private investors, offering links to providers of investment products, share price updates and financial histories for all quoted companies.

The Reits and Quoted Property Group chairman Patrick Sumner says: “We are delighted to have received such tremendous support for the group, which now has the backing of so many senior organisations right across the industry.

“Our portal will be the UKs first non-partisan resource for information on Reits and property investment, providing a definitive reference point, covering all the key issues and addressing any questions which the visitor has, whether they are a professional adviser, stockbroker or even a private investor.

Our aim is to really add value to professional advisers business and ensure that reita.org can provide a one-stop resource for comprehensive, non-partisan and regularly updated information.

The subject matter may appear complex to some, but our aim is to expand and educate a wider audience to the benefits of property investment. With such a great team behind us, we are extremely well placed to do this.

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