The Reit is one of the summer’s hottest investments, an object of desire among the US groups that are currently scouring Britain for giveaway buys.
If you are, as yet, unfamiliar with the Reit, which stands for real estate investment trust, it is time to become acquainted.
Why? Because more of these trusts – which own commercial property in the shape of logistics sheds, offices, GPs’ surgeries, shops and warehouses – could get snapped up on the cheap.
This week, Prologis, the San Francisco-based industrial real estate titan, won its battle for control of Segro, Britain’s largest listed property company.
Prologis is paying £14.3billion
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