The boards of directors of Tritax Big Box REIT (BBOX) and UK Commercial Property REIT (UKCM) have reached a preliminary agreement for a potential all-share merger, creating the UK's fourth-largest REIT, with £4.4 bn (€5.1 bn) of combined assets.
Swiss real estate group Investis has boosted its real estate holdings with the CHF 139 mln (€149 mln) purchase of prime residential properties in Vaud canton.
