Reits would aid Irish recovery

COMMENT: Investment trusts would inject liquidity into a moribund property market, writes Colm Lauder.

28th April, 2012
Reits would aid Irish recovery
Tokyo: the introduction of Reits helped Japan's property market.

There has been a lot of discussion on what can be learned from the international experience of distressed asset work-out mechanisms, and how these examples can be used in Ireland.

However, one of the most apt examples has already been tried and tested abroad and was even Fine Gael policy during the last general election. Real estate investment trusts (Reits) were used in Japan and South Korea following the 1997 Asian financial crisis and helped...

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