PropertyEU

M&B outlines REIT conversion plan

By A staff reporter 2008-05-22T00:00:00

UK pub chain Mitchells & Butlers (M&B) has said it will convert to a real estate investment trust (REIT) as soon as market conditions are 'suitable.' The company said the move will 'more fully capture the value of its property estate'. M&B, which owns 2,000 pubs across the UK, added ...

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