The leaders of the European Landowners Organization, the European Property Federation, the Royal Institution of Chartered Surveyors, The European Group of Valuers’ Associations and the Urban Land Institute Europe have asked the European Commission to take an initiative to overcome obstacles to cross-border property investment in the EU and enhance market security and stability: an EU Real Estate Investment Trust or EU REIT.

The REIT is a vehicle under which investment can be directed in a tax efficient manner into the real estate sector. A Maastricht University study highlights five main drivers for an EU framework.