21.03.2012 - Industry leaders urge UK government to introduce debt REITs
Real estate industry leaders in the UK are calling on the government to introduce mortgage REITs as a way of making the property debt market more liquid and freeing up banks to lend. The calls come ahead of the presentation of the 2012 UK budget on Wednesday. Phil Nicklin, real estate tax partner at Deloitte and an adviser to the government on REITs since they were introduced in 2007, believes there is a good chance that a consultation document could be published in the UK budget on the introduction of mortgage REITs...............................................Full Article: Source
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