Newly formed commercial real estate investment trust Regional REIT is set to announce plans to launch on the stock exchange, with shares likely to start trading on Friday.
Some 80m shares will be on offer. The REIT has a net asset value of £274m.
The REIT links London & Scottish and Toscafund, and will target the acquisition and management of commercial real estate outside of the capital and the southeast. It is reviewing acquisitions totalling some £250m.
