Property unit trusts for pension funds and charities

Quarterly Bulletin 1969 Q3
Published on 01 September 1969

Although property unit trusts are still much smaller collectively than conventional unit trusts, they have grown exceptionally fast since the first trust was formed in March 1966. This note introduces a new series of quarterly statistics for property unit trusts, showing their sales of units and their investment transactions. The series has been compiled by the Bank with the co-operation of the managements concerned, for which the Bank are grateful. The figures are used in the sector financing accounts and also in the estimates of fixed capital formation in the official statistics of national income and expenditure.

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