UK Commercial REIT Limited in £1 billion all share merger talks with Picton Property Income

It begins.

There has been plenty of talk about consolidation among some of the London-listed Real Estate Investment Trusts over the last six months but so far not much action.

This morning, though, UK Commercial REIT Limited has been forced to confirm it is in all share merger talks with Picton Property Income Limited following "speculation". Below is a link to this morning's announcement:..