PropertyEU

GIC acquires 10% of Brixton

By A staff reporter 2007-02-06T00:00:00

Britain's largest mortgage and savings provider HBOS has sold half of its stake in property company Brixton to avoid running foul of tax rules for real estate investment trusts (REITs). Brixton said in a statement that HBOS has cut its stake from 20.6% to 10.2%, through the sale of about ...

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