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This real estate investment trust (REIT) builds and maintains commercial property, including offices and shopping centres, investing in cities throughout the UK, France and Germany. Property income distributions (PIDs) paid by UK REITs are subject to a 20% withholding tax. PIDs paid into ISAs are tax exempt. Freetrade will reclaim the withholding tax and distribute to ISA holders approximately 30-60 days after the PID is paid.
Property
Sector
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