Quarterly Dividends

RNS Number : 6055T

Real Estate Investors PLC

31 March 2016

 

31 March 2016

Real Estate Investors PLC

("REI" or the "Company" or the "Group")

Quarterly dividends

As announced in its recent final results announcement, following the payment of its final dividend for the year ended 31 December 2015 on 29 April 2016, the Company will be paying future dividends on a quarterly basis commencing in July 2016 with the payments expected to occur in the months of July, October, January and April.

Enquiries:

Real Estate Investors PLC Paul Bassi	[phone]
Smith & Williamson Corporate Finance Limited Azhic Basirov	[phone]
Liberum Tom Fyson / Jamie Richards	[phone]

About Real Estate Investors PLC

Real Estate Investors PLC is a publicly quoted property investment company with a portfolio of over 1,000,000 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 Real Estate Investment Trust (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 with the view to implementing a progressive dividend policy. Further information on the Company can be found at www.reiplc.com.

 

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MSCEASDEDSPKEFF