Leo Noe has threatened action against a couple of trusts that plan to use REIT in their names.
Noe, who runs Reit Asset Management, trademarked the name in 1998 when real estate investment trusts were still only at the discussion stage.
City Diary, in The Times, says that he will probably have to let others through for a fee but it could turn into a useful little earner.
References: The Times 14/09/06 p57 (City Diary)
