17.07.2009 - BPF talks to treasury on UK banks converting RE loans to REITs
From Dow Jones: The British Property Federation is in preliminary talks with the U.K. Treasury about transferring banks' commercial real estate loan books into real estate investment trusts, BPF's director Peter Cosmetatos said Thursday. "We are in preliminary conversations with the Treasury about what role the REIT structure could play in recapitalizing the banking sector," he said..........Full Article (Subscription Required) : Source