The battered U.S. pipeline industry is looking to the real estate business for a way to reinvigorate investor interest.
Ever since a Missouri pipeline owner got approval earlier this year from the Internal Revenue Service to operate as a Real Estate Investment Trust, the sector has been abuzz at the prospect of more companies following suit.
“It seems like a pretty interesting opportunity, and that companies should be at least evaluating and thinking about if it could be right for them,” said
Pipeline companies have traditionally counted on...