Tesco is considering putting its freehold property portfolio into a Real Estate Investment Trust.

Chancellor Gordon Brown revealed plans earlier this week allowing companies to put their properties in REITs from January 1 next year.

“We're obviously interested in the sense that we're a big property company. We've got people looking at it to see whether it's a good idea,” Andrew Higginson, finance director for Tesco, told the Daily Telegraph.

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