PropertyEU

British Land shareholders back REIT conversion

By A staff reporter 2006-12-21T00:00:00

Shareholders of British Land have voted by a landslide in favour of converting the UK property major to a tax-efficient real estate investment trust (REIT) on January 1 next year. Some 307,858,857 votes, 99.98% of the total, were cast in favour of the board's proposal, while only 67,972 votes, or ...

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