TIDMRLE

RNS Number : 5945B

Real Estate Investors PLC

10 June 2019

10 June 2019

Real Estate Investors Plc

("REI" or the "Company")

Appointment of Joint Broker

Real Estate Investors Plc (AIM:RLE), the London Stock Exchange listed Real Estate Investment Trust (REIT) with a portfolio of 1.55 million sq ft of commercial property in the Midlands property market across all sectors, is pleased to announce the appointment of Allenby Capital as joint broker to work alongside its existing broker, Liberum, and its nominated adviser, Cenkos Securities.

Enquiries:

 
 
   Real Estate Investors Plc 
   Paul Bassi                      +44 (0)121 212 3446 
 Cenkos Securities 
  Azhic Basirov/David Jones      +44 (0)20 7397 8900 
 Liberum 
  Jamie Richards/William Hall    +44 (0)20 3100 2000 
 Allenby Capital 
  Nick Naylor/Asha Chotai        +44 (0)20 3328 5656 
 Novella Communications 
  Tim Robertson/Toby Andrew      +44 (0)20 3151 7008 
 

About Real Estate Investors Plc

Real Estate Investors Plc is a publicly quoted, internally managed property investment company and REIT with a portfolio of 1.55 million sq ft of commercial property, managed by a highly-experienced property team with over 100 years of combined experience of operating in the Midlands property market across all sectors.

The Company's strategy is to invest in well located, real estate assets in the established and proven markets of central Birmingham and the Midlands, with income and capital growth potential, realisable through active portfolio management, refurbishment, change of use and lettings. The portfolio has no material reliance on a single asset or occupier.

On 1st January 2015, the Company converted to a REIT. Real Estate Investment Trusts are listed property investment companies or groups not liable to corporation tax on their rental income or capital gains from their qualifying activities.

The Company aims to deliver capital growth and income enhancement from its assets, supporting a progressive dividend which is paid quarterly. Further information on the Company can be found at www.reiplc.com

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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