16 May 2017
Real Estate Investors Plc
("REI" or the "Company")
Result of AGM
Real Estate Investors Plc (AIM:RLE), the Birmingham based property group and UK listed Real Estate Investment Trust, is pleased to announce that at its Annual General Meeting held earlier today, all resolutions were duly passed. The notice of AGM and the 2016 annual report and accounts, having been provided to shareholders, are available on the Company's website at www.reiplc.com.
Enquiries:
Real Estate Investors Plc Paul Bassi
|
+44 (0)121 212 3446 |
Smith & Williamson Corporate Finance Limited Azhic Basirov/David Jones
|
+44 (0)20 7131 4000 |
Liberum Jamie Richards/Ben Roberts
|
+44 (0)20 3100 2000 |
Gable Communications Limited John Bick |
+44 (0)20 7193 7463 +44 (0)7872 061007 |
About Real Estate Investors Plc
Real Estate Investors Plc is a publicly quoted property investment company with a portfolio of 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.