A UK property company with more than £200m of retail property assets has announced its intention to list as a real estate investment trust on the London Stock Exchange.
The Local Shopping REIT has a portfolio worth £207.7m spread across 484 assets with a net rental income of £13.8m a year. It aims to return investors a gross dividend yield of 4.75pc Chairman Gr...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
