Real Estate Investment Trusts
In the United Kingdom, REITs are constituted as investment trusts. They must be UK resident and publicly listed on a stock exchange recognised by the Financial Services Authority. They must distribute at least 90% of their income.
Read more about this topic: Investment Trust
Famous quotes containing the words real, estate, investment and/or trusts:
“I’m real ambivalent about [working mothers]. Those of use who have been in the women’s movement for a long time know that we’ve talked a good game of “go out and fulfill your dreams” and “be everything you were meant to be.” But by the same token, we want daughters-in-law who are going to stay home and raise our grandchildren.”
—Erma Bombeck (20th century)
“Sweet are the thoughts that savour of content,
The quiet mind is richer than a crown;
Sweet are the nights in careless slumber spent,
The poor estate scorns Fortune’s angry frown.
Such sweet content, such minds, such sleep, such bliss,
Beggars enjoy, when princes oft do miss.”
—Robert Greene (1558?–1592)
“There is something fascinating about science. One gets such wholesale returns of conjecture out of such a trifling investment of fact.”
—Mark Twain [Samuel Langhorne Clemens] (1835–1910)
“Baseball is the religion that worships the obvious and gives thanks that things are exactly as they seem. Instead of celebrating mysteries, baseball rejoices in the absence of mysteries and trusts that, if we watch what is laid before our eyes, down to the last detail, we will cultivate the gift of seeing things as they really are.”
—Thomas Boswell, U.S. sports journalist. “The Church of Baseball,” Baseball: An Illustrated History, ed. Geoffrey C. Ward, Knopf (1994)