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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.
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Freetrade does not provide investment advice and individual investors should make their own decisions or seek independent advice. The value of investments can go down as well as up and you may receive back less than your original investment. Past performance is not a reliable indicator of future returns. Freetrade is a trading name of Freetrade Limited, which is a member firm of the London Stock Exchange and is authorised and regulated by the Financial Conduct Authority. Registered in England and Wales (no. 09797821).
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