CLS Holdings to Exit UK REIT Regime by December 2026

Key Facts

1CLS Holdings plc expects to exit the UK Real Estate Investment Trust (REIT) regime on December 31, 2026.

2The exit follows changes in share ownership that prevent the company from meeting the 'close company' requirement.

CLS Holdings plc expects to exit the UK Real Estate Investment Trust (REIT) regime on December 31, 2026. Benzinga reported that the decision follows changes in the company's share ownership which prevent it from meeting the 'close company' requirement necessary to maintain its REIT status.

Exiting the REIT regime typically results in the loss of tax transparency benefits, potentially increasing the corporate tax burden on property income. Within the broader UK property context, the market is awaiting key data including Mortgage Approvals and Mortgage Lending figures scheduled for release on October 29, 2026, followed by Nationwide Housing Prices on October 30, 2026.

The United Kingdom is also set to announce its Budget on October 28, 2026, a high-impact event for the corporate and real estate sectors. Additionally, the national Inflation Rate data is due on October 30, 2026, which will provide further macroeconomic context for property investment firms.