Property investing used to require getting your hands dirty with good old bricks and mortar; dealing with the vagaries of low occupancy rates and/or recalcitrant tenants, as well as diluted returns thanks to fiscal impositions. If bankers are to be believed, those days are now as good as over, thanks to the simultaneous arrival in the property sector of real estate indices, real estate investment trusts (Reits), derivatives tools and structuring techniques.
Investment trusts
