A real estate investment trust (REIT) is a company that owns, operates, or finances income-generating real estate. Modelled after mutual funds, REITs pool the capital of numerous investors. This makes it possible for individual investors to earn dividends from real estate investments—without having to buy, manage, or finance any properties themselves.
What Is a Real Estate Investment Trust (REIT)?
Key Points
- A real estate investment trust (REIT) is a company that owns, operates, or finances income-producing properties.
- REITs generate a steady income stream for investors derived from rents received on it’s property assets.
- Most REITs are publicly traded like stocks, which makes them highly liquid (unlike physical real estate investments).
- REITs invest in most real estate property types, such as apartment buildings, data centres, hotels, medical facilities, offices, retail centres, and warehouses.
Board of Directors
The Directors of the Company, all of whom are non-executive, are listed below.
The Directors are independent of the Investment Advisor and the AIFM.
Jim comes from a corporate financial services background, and is currently Chairman of the Bank of Ireland’s former banking operation in the Isle of Man. His 30 year career has spanned both banking and insurance. As an independent Non-Executive Director, of subsidiaries of major UK incorporated plc’s, he brings in excess of 15 years’ relevant experience. Additionally, he has served as a Government appointed adviser to the former Insurance & Pensions Authority which regulated the Isle of Man’s domestic and international insurance and pension business.
Andrew has 40 years of experience in international banking markets, working predominantly within global markets trading and sales across various asset classes. He currently sits on the Investment Committee of a company trading foreign exchange and multi-asset derivatives. Previously, he was a senior advisor for Moneycorp, and was Head of Institutional Sales and Structuring at Bank of Ireland in London. Prior to this he was Treasurer and Head of Sales and Trading at Banca Popolare di Milano in London.
Jamie has 18 years’ experience in the UK property sector. He worked in London gaining experience as property manager and investment surveyor at CBRE. Jamie has overseen a number of key deals including the circa £500 million sale of the Industrious portfolio and Project Raven. Jamie returned to Edinburgh in 2008 where he started a new investment agency team for DTZ as a Director. Jamie joined Knight Frank in 2014 as a partner in charge of driving their representation in Scotland. Jamie currently sits on the board of a specialist property and investment company based in Edinburgh which specialises in property acquisitions and asset management across the UK.
