Waiting for a UK REITs rally – is real estate poised for a rebound?

Waiting for a UK REITs Rally

Investors remain cautious about UK REITs, while private equity is acquiring them, indicating a potential discrepancy in views.

According to Cris Sholto Heaton, "One view must be wrong."

Commercial property feels like one of those times when either you are missing the obvious, or the market is.

Most UK real estate investment trusts (REITs) trade at significant discounts to net asset value (NAV), with shares still lower than they were a decade ago, despite solid operating updates from key players.

However, concerns exist regarding certain subsectors, such as the oversupply of lower-grade offices, which may require redevelopment due to new energy-efficiency standards or changing work patterns.

Author's summary: UK REITs may be poised for a rebound.

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MoneyWeek MoneyWeek — 2025-10-17

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