This is a version of an article published in the Telegraph’s Questor column today.
Special Opportunities Reit (SOR), a new company vying to capture the recovery in UK commercial property after a two-year downturn, is set to become the first real estate investment trust (Reit) to launch in London since 2021.
TR Property (TRY), an investor in Reits that I tipped in February, has – with funds managed by the Columbia Threadneedle group – joined two other ‘cornerstone’ investors to provide up to £119m of the £250m Special Opportunities needs to float this month.