Reit good news
Shares in the UK's second-biggest pubs group soared nearly 30 per cent yesterday after Revenue officials rubber-stamped plans to take on tax-efficient real estate investment trust (Reit) status.
Enterprise Inns, which has 7,000 pubs, has been in talks with Her Majesty's Revenue & Customs for the past year over the potential move to a Reit.
The full article contains 61 words and appears in The Scotsman newspaper.
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Last Updated:
07 May 2008 8:22 PM
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Source:
The Scotsman
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Location:
Edinburgh