Dividend Declaration

RNS Number : 3896I

Real Estate Investors PLC

19 June 2017

 

19 June 2017

Real Estate Investors Plc

('REI' or 'the Company')

Q1 DIVIDEND DECLARATION

Real Estate Investors Plc (AIM: RLE), the Birmingham based property group and UK listed Real Estate Investment Trust ('REIT'), is pleased to announce its Q1 dividend declaration.

In accordance with its progressive dividend policy, REI will pay a Q1 dividend of 0.75 pence per share for the period 1 January 2017 to 31 March 2017.  The payment will be made on 28 July 2017 to all shareholders on the register as at 30 June 2017.  The ex-dividend date will be 29 June 2017.

Ends

Enquiries:

Real Estate Investors Plc Paul Bassi	[phone]
Smith & Williamson Corporate Finance Limited Azhic Basirov/David Jones	[phone]
Liberum Jamie Richards/Ben Roberts	[phone]
Gable Communications Limited John Bick	[phone] [phone] [e-mail]

About Real Estate Investors Plc

Real Estate Investors Plc is a publicly quoted property investment company with a portfolio of over 1.4 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 policy.  Further information on the Company can be found at www.reiplc.com.

 

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