Hansteen Holdings, an investor in British and continental European real estate, has converted to REIT status following the admission of its ordinary shares to trading on the London Stock Exchange’s main market. The conversion to a REIT is a change in Hansteen's tax status, and will have tax consequences for Hansteen and its shareholders, the company said.
Westland Shopping Centre in the Brussels neighbourhood of Anderlecht may be up for sale, according to Belgian media reports.
