IDEAS home Printed from https://ideas.repec.org/p/arz/wpaper/eres2005_102.html
   My bibliography  Save this paper

The REIT Appetite for Residential Investments

Author

Listed:
  • Nigel Almond

Abstract

One of the recommendations from the Barker Review into the supply of housing in the UK has been to promote the use of greater institutional investment in the residential market as a means of not only increasing and improving the supply of property, but also to increase flexibility in the housing market through increasing supply in the private rented sector. The subsequent Government consultation paper on the creation of REITs in the UK made specific mention of residential as a segment of the market which could potentially benefit from such a structure. REITs have emerged across the globe over recent years as a means of increasing investment and liquidity into property markets. While they predominantly invest in commercial property, there are also examples of vehicles investing in the residential sector, with the US a prime example of how successful these vehicles can be for the market. Based on a detailed analysis of markets elsewhere, the paper considers the prospects for the creation of residential REITs in the UK. The paper will review the structure of markets, and in particular undertake a more detailed analysis of the US market as a means of understanding the performance of the sector. Based on this analysis and comparisons with the UK market, and the prospects for alternative investor routes, the paper will assess the likely success of a residential focussed REIT in the UK.

Suggested Citation

  • Nigel Almond, 2005. "The REIT Appetite for Residential Investments," ERES eres2005_102, European Real Estate Society (ERES).
  • Handle: RePEc:arz:wpaper:eres2005_102
    as

    Download full text from publisher

    File URL: https://eres.architexturez.net/doc/oai-eres-id-eres2005-102
    Download Restriction: no
    ---><---

    More about this item

    JEL classification:

    • R3 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:arz:wpaper:eres2005_102. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Architexturez Imprints (email available below). General contact details of provider: https://edirc.repec.org/data/eressea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.