SNL Financial Becomes Newest Member of Reita
Partnership aims to increase awareness of REITs in the UK
London, UK (April 30, 2008) - SNL Financial today confirmed that it has become the latest organisation to join Reita, (www.reita.org), the educational and awareness campaign for REITs and property investment.
SNL Financial is a world leader in the collection, standardisation and dissemination of data related to the real estate and financial markets. With over 4,000 clients and more than 15,000 users, ranging from Wall Street institutions to the top management of the companies they cover, SNL focuses on providing up-to-date and accurate business information.
Keven Lindemann, director of SNL Real Estate, comments:
"Reita has become a key organisation in helping to develop investors' understanding of the UK property market; a market which we see as one of the most interesting real estate markets in the world. It is our policy to work with like-minded organisations, such as Reita, and we look forward to supporting their continued growth and development. We plan to fully utilise the opportunities that becoming a member of Reita will bring, and hope it will facilitate our own growth in the UK."
Dave Butler, head of external affairs, Reita, comments:
"We are delighted to welcome SNL Financial to Reita and are confident that their aptitude in providing real estate data will prove invaluable. There is a significant alignment of interests between our two organisations, particularly focusing on bringing transparency and access to expertise in property investment."
Butler continues:
"We are particularly looking forward to working with SNL to extend our research and reporting capabilities. We are now able to provide our users with even greater insight into the property investment market, giving members even more reason to recognise us as an authoritative source of information and insight into REITs and property investment."
36 companies are now members of Reita, including 11 of the biggest quoted REITs and property companies, 10 of the leading fund managers, 11 merchant banks and advisers, the London Stock Exchange, legal firm DLA Piper, the British Property Federation and the Investment Property Forum.
About SNL Financial
SNL collects, standardizes and disseminates all relevant corporate, financial, market and M&A data - plus news and analysis - for the energy, banking, specialized financial services, insurance, real estate and media & communications industries. For more information, visit www.SNL.com.
About Reita
The reita.org portal provides expert knowledge, education and tools for professional financial advisers, other financial specialists and private investors, and represents the UK's first dedicated educational resource for information on REITs and quoted property investment. Its success has been recognised through various awards including 'Property Industry Innovation of the Year' (Property Week) and 'Best Online Educational Initiative for Financial Advisers' (IFA Online).
Monica Jenkins
Marketing Manager
Tel. 434.951.6951
mjenkins@snl.com
SNL Financial
One SNL Plaza
Charlottesville, VA 22902
434.977.1600
Other office locations:
Ahmedabad, India; Arlington, VA; Boston, MA; Islamabad, Pakistan; Jersey City, NJ; London, UK; Monterey, CA; New York, NY.