Land Securities Real Estate Investment Trust
Most countries laws on reits entitle a real estate company to pay.
Land securities real estate investment trust. A leading british real estate investment trust headquartered in london. At one time real estate trusts were a great way for investors to remain anonymous. A real estate investment trust reit is a company that owns and in most cases operates income producing real estate reits own many types of commercial real estate ranging from office and apartment buildings to warehouses hospitals shopping centers hotels and commercial forests some reits engage in financing real estate. The firm switched to real estate investment trust status when reits were introduced in the united kingdom in january 2007.
Icade france h r reit canada land securities group uk link real estate investment trust hong kong. The key manufacturers covered in this report are. Some level of anonymity. Land securities group plc lse.
Land securities group plc is a real estate investment trust engaged in buying selling developing and managing commercial property in the united kingdom. At that time it held just three houses in kensington and some government stock. It is headquartered in london. The global real estate investment trusts reits market 2020 research report is a professional and in depth study on the current state of real estate investment trusts reits market.
Meanwhile the shares of land securities the largest uk real estate investment trust reit at 951p trade at a 34 discount to their 30 september nav and yield 4 3 the interim dividend having. Land securities group plc is the largest commercial property development and investment company in the united kingdom. Land securities group plc. For people looking to ensure that their investment property avoids death taxes transferring it to heirs by way of a real estate trust can be a workable option.
It started in 1944 when founder harold samuel bought land securities investment trust limited. It has been going for over 70 years. Reits generate a steady income stream for investors but offer little in the way of. Land securities plc land is the largest listed real estate company in the uk by market capitalization.
They own 26 shopping centres 20 retail parks a total of 19 4 million square feet of retail space.