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Investment Trust Insider on UK property


Brexit isn’t all bad news for UK property

The past couple of weeks have seen a clutch of results announcements by the larger real estate investment (REIT) and property trusts. The periods they are reporting on incorporate the run up to the referendum vote and its aftermath, and adverse changes to the stamp duty regime.

Investors also embraced the great Trump reflation trade (in which scenario the sector faces the twin challenges of rising rates and the risk of looking relatively dull) and then the wobble as it seemed he might not be able to execute on his plans. It has been interesting to see what these managers think the future holds….

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