Rugby Estates announces REIT listing plan

By A staff reporter 2007-05-10T00:00:00

UK property company Rugby Estates has announced that its new company, Rugby Estates Investment Trust (REIT), intends to raise about £47 mln (almost EUR 70 mln) through a listing on London Stock Exchange's main market. The company will convert to real estate investment trust (REIT) status within 12 months. Rugby ...

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