30,000 shares in this FTSE 250 REIT could earn me £559 a month in passive income

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Real estate investment trusts (REITs) are firms that lease properties to tenants and distribute their rental income to investors as dividends. And they can be a great source of passive income.

Whether it’s in the UK or the US, a number of REITs are listed on the stock market. And there’s one from the FTSE 250 that I hold in my portfolio. 

Please note that tax treatment depends on the individual circumstances of each client and may be subject to change in future. The content in this article is provided for information purposes only. It is not intended to be, neither does it constitute, any form of tax advice. Readers are responsible for carrying out their own due diligence and for obtaining professional advice before making any investment decisions.

The company

The stock is Primary Health Properties (LSE:PHP). It owns and leases a portfolio of GP surgeries in the UK and…

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