Name change for investment adviser of Local Shopping REIT – The Local Shopping REIT (LSR) has the objective of building a portfolio of properties and letting units in the convenience shopping market.
The directors of The Local Shopping REIT have announced that they have been informed by the company’s investment adviser, Internos Global Investors Limited, that its parent company has been acquired by Principal Global Financial Services (Europe) II Ltd, a subsidiary of Principal Financial Group Inc, an entity listed on the NASDAQ Stock Market. In consequence of this transaction, Internos has changed its name to Principal Real Estate Limited.
LSR : Name change for investment adviser of Local Shopping REIT