Launch of Reits not due until late 2014

The Irish property market may only be able to sustain a couple of real estate investment trusts (Reits), according to property experts.

24th February, 2013

The Irish property market may only be able to sustain a couple of real estate investment trusts (Reits), and it could be late 2014 by the time one is launched, according to property experts.

Draft legislation on the introduction of Reits was included in the Finance Bill published earlier this month. The government announced a plan to establish Reits, which are publicly-listed property companies in which shares can be bought or sold in the same way...

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