Britain's Land Securities and Slough Estates have confirmed that they are to begin the process of converting to real estate investment trusts (REITs) on 1 January 2007. Under the REIT system, real estate companies will pay far less tax on condition that most of the profit is paid out to shareholders in the form of dividend.
International developer and asset holder Trei Real Estate has concluded 2024 with the opening of its 41st Vendo Park in Poland.
