M&G Investments and Blackstone are set to launch a new REIT to own £1.4bn of Center Parcs properties.
The duo have sent details of the plans to potential investors in the REIT, which would conform to UK Treasury legislation, but be listed on the Channel Islands stock exchange.
Experts said the launch would be a boost for the UK REIT sector, and could signal the start of UK corporates with large property holdings using REIT legislation to unlock value.
Bron en hele artikel: EGI
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