The Channel Islands Stock Exchange could launch a new index for listing UK REITs, it says, to meet the surge in demand for the product.
The exchange’s chief executive Tammy Menteshvili says the CISX has been “inundated with equerries” about REITs, and she thinks the exchange would be ideal for listing them.
She also described several other developments the exchange has underway, including the possibility of an index of CISX listed securities that would allow tracker funds to track securities on the Exchange. She was also negotiating to provide CREST settlement for Open Ended Investment Companies traded on the CISX.