TaxLinked Interview – All about Real Estate Investment Trusts!

 Investment Tax, REITs  Comments Off on TaxLinked Interview – All about Real Estate Investment Trusts!
Mar 312015
 

Taxlinked is an online community designed and created exclusively for international tax, corporate and legal professionals. It can be thought of as a version of linkedin but for tax people instead. There are forums to share news and views, as well as a number of valuable knowhow resources. As well as topical articles, there are even e-books which are the result of collaboration between the members.

I joined recently, and was immediately invited to give an interview. Well, I must say I was flattered – I never thought that someone would want to interview me outside the job hunting process! Given my recent article Coming Onshore for Which Investment Trust, I thought that REITs might be a good subject, especially for our foreign tax friends.

Here is the interview, reprinted here with the kind permission of Taxlinked. Continue reading »

Coming Onshore – are Investors better off when Offshore Property Funds Convert to REIT status?

 Investment Tax, Property Tax, REITs  Comments Off on Coming Onshore – are Investors better off when Offshore Property Funds Convert to REIT status?
Feb 162015
 

Shortly before Christmas last year, the financial press reported that the Guernsey investment company F&C UK Real Estate Investments – F&C for short – was planning to “come onshore” and convert to a UK REIT. This is just the latest of a number of closed ended property funds based in the Channel Islands that have taken this step, Standard Life being another well know name to make the change (or to give it its full name, Standard Life Investments Property Income Trust).

What does it mean to “come onshore” and why are these funds doing it now? In the following article, we shall explain the consequences of converting to a REIT, and in particular ask the question “How does it benefit investors?” Continue reading »