11 April 2019
Regional REIT Limited
("Regional REIT", the "Group" or the "Company")
Annual Report and Accounts and Notice of Annual General Meeting
Following the release on 28 March 2019 of its preliminary results for the year ended 31 December 2018 under RNS: 2494U, Regional REIT, the regional real estate investment specialist focused on building a diverse portfolio of income producing core and core plus assets, announces that it has today published its 2018 Annual Report and Accounts.
The Company further announces that it will hold its Annual General Meeting at the offices of Macfarlanes LLP, 20 Cursitor Street, London EC4A 1LT, on Thursday 23 May 2019 at 11.00 am (the "AGM").
The Annual Report and Accounts and Notice of the AGM (the "Documents") will shortly be available to view on the Company's website at www.regionalreit.com and, in accordance with Listing Rule 9.6.1, of the UK Financial Conduct Authority, will also shortly be submitted to the National Storage Mechanism and will be available for inspection at http://www.morningstar.co.uk/uk/NSM.
Copies of these Documents, together with a Form of Proxy for use in connection with the AGM, will be posted to the Company's shareholders shortly.
This announcement is not a substitute for reading the 2018 Annual Report in full.
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Enquiries:
Regional REIT Limited |
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Press enquiries through Buchanan |
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Toscafund Asset Management LLP |
Tel: +44 (0) 20 7845 6100 |
Investment Manager to the Group |
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Adam Dickinson, Investor Relations, Regional REIT Limited |
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London & Scottish Investments Limited |
Tel: +44 (0) 141 248 4155 |
Asset Manager to the Group |
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Stephen Inglis |
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Buchanan Communications |
Tel: +44 (0) 20 7466 5000 |
Financial PR |
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Charles Ryland/ Victoria Hayns / Henry Wilson |
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About Regional REIT
Regional REIT Limited ("Regional REIT" or the "Company") and its subsidiaries (the "Group") is a United Kingdom ("UK") based real estate investment trust that launched in November 2015. It is managed by London & Scottish Investments Limited ("LSI"), the Asset Manager, and Toscafund Asset Management LLP ("Tosca"), the Investment Manager.
Regional REIT's commercial property portfolio is comprised wholly of income producing UK assets and comprises, predominantly, offices and industrial units located in the regional centres outside of the M25 motorway. The portfolio is highly diversified, with 150 properties, 1,192 units and 874 tenants as at 31 December 2018, with a valuation of £718.4m.
Regional REIT pursues its investment objective by investing in, actively managing and disposing of regional core and core plus property assets. It aims to deliver an attractive total return to its Shareholders, targeting greater than 10% per annum, with a strong focus on income supported by additional capital growth prospects.
The Company's shares were admitted to the Official List of the UK's Financial Conduct Authority and to trading on the London Stock Exchange on 6 November 2015. For more information, please visit the Group's website at www.regionalreit.com.
Cautionary Statement
This document has been prepared solely to provide additional information to Shareholders to assess the Group's performance in relation to its operations and growth potential. The document should not be relied upon by any other party or for any other reason. Any forward looking statements made in this document are done so by the Directors in good faith based on the information available to them up to the time of their approval of this document. However, such statements should be treated with caution due to the inherent uncertainties, including both economic and business risk factors, underlying any such forward-looking information.
ESMA Legal Entity Identifier ("LEI"): (549300D8G4NKLRIKBX73)