Enterprise Inns receives REIT green light

By A staff reporter 2008-05-08T00:00:00

UK pub group Enterprise Inns has been given the go-ahead from HM Revenue & Customs to convert to a tax-efficient real estate investment trust (REIT), newspaper the Financial Times reported. Shares in the pub group rose by 29% to 510p after the announcement. Enterprise Inn, with 7,700 assets, would be ...

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