New REIT due to list on June 17
The first launch of a UK real estate investment trust in three years is worth backing as it looks to exploit £36bn of property sales by pension schemes
This is an interesting proposition. Ordinarily, I’m averse to relatively niche trusts as you can end up with a Home Reit if you’re not careful.
But, given the involvement of TRY and the former manager of LXI, one of the top commercial trusts, this is likely not in that same bracket.
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Oh well, missed the target, pity that
IPO crisis is real.
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