US EditionSupermarket Income REIT shifts listing as a commercial company
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Supermarket Income REIT shifts listing as a commercial company
Supermarket Income REIT has announced plans to move from a closed-ended investment fund to equity shares as a commercial company. The decision comes after the trust internalised its management function earlier this year, which could save the company £4m a year in operating costs. In a stockmarket announcement, the trust said becoming a commercial company would be “more suited to a UK REIT with an internalised management structure and business st…
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