UK Property Company Plans Conversion to REIT

UK-based property company, Hammerson, will become the first British company to convert into a real estate investment trust – REIT. Hammerson will pay a one-off entry charge of 2 per cent of the value....

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By: Toni Blake
May 8, 2006
UK-based property company, Hammerson, will become the first British company to convert into a real estate investment trust – REIT. Hammerson will pay a one-off entry charge of 2 per cent of the value....