UK-based Big Yellow Group said that a disagreement with UK tax officials may derail its plan to convert to a REIT. The officials object to the change in tax treatment of the company's rental income. Big Yellow will hold further talks with the tax authorities and aims to proceed with its plan, researchers at merchant bank Kempen & Co said.
International developer and asset holder Trei Real Estate has concluded 2024 with the opening of its 41st Vendo Park in Poland.
