- Jersey Finance
- |11/12/24
Jersey is one of the world’s leading international finance centres and has been at the forefront of global finance for more than 60 years.
Jersey’s company law is based on UK company law but is more flexible in certain key aspects that are relevant to REITs, such as the ease by which distributions can be made.
Jersey offers traditional limited companies as well as protected and incorporated
cell companies, which may be useful for ring-fencing REITs.
Jersey’s range of regulatory options allows managers to choose a funds regime suited to their target investors. These regimes are overseen by a pragmatic, approachable and responsive regulator.
Jersey is home to globally recognised administrators with expertise in UK real estate; the ‘big four’ accountancy firms have large offices on the Island and all of the principal local law firms have specialists with experience in launching UK REITs.
The International Stock Exchange (TISE), based in the Channel Islands, is a recognised exchange for the purposes of the UK REIT regime and offers a flexible, quick and cost-effective alternative to a London listing.