TISE lists more than 40% of UK REITs

Friday 28 May 2021

The International Stock Exchange is now the listing venue for more than 40% of all UK Real Estate Investment Trusts.

TISE has seen its proportion of the UK REIT market grow from around 25% in 2016, to more than a third in 2019 and now it has reached more than 40%.

Cees Vermaas, CEO at TISE, said: “This is a fantastic achievement. While the UK REIT market has continued to grow during recent years, we have also seen increased recognition of TISE’s attractiveness as a listing venue for these vehicles. Our recognised stock exchange status, combined with our proportionate requirements and fees as well as our efficient application review process, has made us the listing venue of choice for REITs, especially where they are backed by institutional investors.”

Publicly available information shows that there are approximately 90 UK REITs. Nearly all are admitted to markets of the London Stock Exchange or TISE, with 37 listed on TISE. There is one REIT admitted to trading on the Aquis Stock Exchange (AQSE) Growth Market and recently, the International Property Stock Exchange (IPSX) admitted its first REIT to trading on IPSX Wholesale.

There have been eight newly listed REITs on TISE so far during 2021.

TISE-listed REITs this year have included investor groups from the UK, Europe, Asia and North America. 

Mr Vermaas added: “We have seen a strong flow of new REIT listings, especially in recent months. It is great to see the breadth of domiciles being used within the legal structuring, as well as the high profile and diverse nature of the institutional and sophisticated investor groups who are backing these REITs.”