Clifford Chance
UK Budget 2011: Encouraging investment in real estate
25 March 2011
The Government has announced a consultation on the UK REIT regime with a view to kick-starting interest in establishing new REITs. It will concentrate on changing a number of problem areas which have stunted the entry of new REITs into the market to date.
Key Issues
- Consultation could potentially lead to radical changes to the UK REITs regime
- Private REITs could be a possibility
- New SDLT relief for acquisitions of residential portfolios
