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Local Shopping REIT Says Talks To Sell Remaining Portfolio Collapse

Mon, 13th Jul 2015 09:22

LONDON (Alliance News) - The Local Shopping REIT PLC on Monday said the talks it was holding regarding the sale of its remaining property assets have ended with no deal concluded.

The trust is to continue with its programme of offloading individual assets and small portfolios.

It said its target to have disposed of its entire property portfolio by the end of 2017 remains intact.

Shares in the trust were untraded Monday, having last traded at 28.00 pence.

By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance

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