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Not the same as Real Estate Investment Trusts, but in the UK a lot of properties are bought by shell companies registered in tax havens. These aren't necessaril
by m-i-l 8y ago
Not the same as Real Estate Investment Trusts, but in the UK a lot of properties are bought by shell companies registered in tax havens. These aren't necessarily for money laundering, but if not they're for tax avoidance or evasion. There's an interactive map at http://www.private-eye.co.uk/registry http://www.private-eye.co.uk/registry which lets you zoom to street level.