Invested: Is there value in the Reit game?

The gains may be more gradual and less easy to come by, but the market is less volatile

The Dublin skyline. Reits achieved rapid growth by investing in Irish property Picture: Getty
Kevin Nowlan, chief executive of Hibernia Reit Pic: Feargal Ward

Reits, or Real Estate Investment Trusts, burst onto the Irish scene in the summer of 2013, when green shoots were beginning to show in the Irish economy. Since that date, the funds have spent hundreds of millions buying distressed office and apartment blocks around Dublin. Early investors ...