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Capital & Regional converts to REIT

Specialist shopping centre owner Capital & Regional has confirmed that, further to the resolution passed at the company's general meeting on 2 December, it has converted to a Real Estate Investment Trust effective from 31 December 2014.
By James Buckley
January 2, 2015 | 12:38 P.M.

The REIT regime enables Capital & Regional to benefit from a zero corporation tax rate on qualifying property income and capital gains.

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News | Capital & Regional converts to REIT