ASSURA Group has confirmed its intention to convert to a Real Estate Investment Trust (REIT) as it reported a pre-tax loss of £63.3m for the year to March 31 (2011: £8.1m profit) and a £32.2m decline in its net asset value to £192.2m.The loss was due largely to the company exiting a derivative with National Australia Bank which cost it £54.7m. The company also incurred a further £20.3m of exceptional costs, though, including losses emanating from a number of joint ventures.Chairman Simon Laffin......for the full story register now for free or login below...