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UK Commercial REIT in £1 billion all share merger talks with Picton Property Income - Part 2

Well, that ended quickly.

UK Commercial REIT has called off merger talks with Picton Property Income, another London-listed property investment company, after being told by its largest shareholder that it doesn't want the former to pursue the deal. Below is a link to this morning's announcement:..

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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:..

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