SPECIAL TAX REGIME BREACHES SURGE AMONG REITS – ELIZABETH BRADLEY QUOTED IN PROPERTY WEEK

BCLP partner Elizabeth Bradley said: “The relaxation of the REIT tax regime has encouraged more eligible investors to set up REITs but care needs to be taken not to fall foul of the regime, as the costs of losing REIT status can be severe.” “REITs are facing challenges in maintaining their profit-to-financing cost ratios due to higher interest rates and property market volatility.” Bradley added: “The rise in breaches of the tax regime underscores the value of strong legal and tax advice for REITs navigating an evolving regulatory landscape. Expert advice ensures REITs remain compliant while optimising capital structures, distributions and risk management.”

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