Imminent Reits legislation could boost international investment

Real estate investment trusts could make Ireland a more attractive location for international investors, the host of the country's first conference on Reits has said.

27th January, 2013
Tommy Conway, director of capital markets, NCB-Investec, with Reits Forum founder and chairman, Bill Nowlan of WK Nowlan Property Asset Managers, and John Moran, secretary-general, Department of Finance at the first ever Irish Reits conference. Photo: John T Ohle

Real estate investment trusts (Reits) could help make Ireland a more attractive location for international investors, according to the host of the country's first conference on Reits.

The conference was held last week in Dublin and was organised by Reits Forum, a voluntary group founded by Bill Nowlan of WK Nowlan Property Asset Managers in January 2011 to promote the introduction of Reits here. The government announced a plan to establish Reits, which are publicly-listed...

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