Financial Times FT.com

UK Reits are sticking to their tried and tested model

By Jim Pickard

Published: April 2 2007 03:00 | Last updated: April 2 2007 03:00

No one really noticed last summer when Land Securities, the biggest property company in Europe, introduced new "super-bonuses" for its best staff.

Ian Ellis, head of Land Securities' Trillium outsourcing subsidiary, received a £700,000 "super-bonus" while Mike Hussey, head of development, received £408,000.

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