The REIT is a ring-fenced entity for the express purpose of providing institutional and retail investors with a first of its kind access to fibre infrastructure investments in South Africa. REITs provide investors with access to rental income from immovable property as if they are direct owners in the immovable property. Fibre network infrastructure investments being accessed through tax efficient REITs is well known internationally, but the application to the South African market is unique. The REIT is an attractive product for long-term investors.