Annual Financial Report

RNS Number : 4896W

Regional REIT Limited

27 April 2016

 

27 April 2016         

Regional REIT Limited

Annual Financial Report

Regional REIT Limited will shortly be posting its 2015 Annual Report, 2016 Notice of Annual General Meeting and Form of Proxy to shareholders.

In accordance with Listing Rule 9.6.1, the above documents have been submitted to the UK Listing Authority via the National Storage Mechanism and will be available to the public for inspection at http://www.morningstar.co.uk/uk/NSM shortly.

The documents will also available on the Company's website at www.regionalreit.com

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Enquiries:

Regional REIT Limited
Press enquiries through Headland
London & Scottish Investments	Tel: [phone]
Asset Manager to the Group
Stephen Inglis
Derek McDonald
Toscafund Asset Management	Tel: [phone]
Investment Manager to the Group
James S Johnson Nigel Gliksten
Headland	Tel: [phone]
Financial PR
Francesca Tuckett

About Regional REIT

Regional REIT Limited (LSE: RGL) is a London Stock Exchange Main Market listed specialist real estate investment company focused on office and industrial property interests in the principal regional locations of the United Kingdom outside of the Greater London area.

Regional REIT is managed by London & Scottish Investments, the Asset Manager, and Toscafund Asset Management, the Investment Manager, and was formed by the combination of two existing funds created by the Managers as a differentiated play on the expected recovery in UK regional property, to deliver an attractive total return to shareholders and with a strong focus on income.

The Group's investment portfolio, as at 31 December 2015, is spread across more than 120 regional properties, in excess of 710 units and over 530 tenants. As at 31 December 2015, the investment portfolio had a value of £403.7m and a net initial yield of 7.6%. The weighted average unexpired lease term was just under six years.

The Group's shares joined the Official List of the UK's Financial Conduct Authority ("FCA") and admitted to trading on the London Stock Exchange ("LSE") on 6 November 2015 as LSE: RGL. For more information, please visit the Group's website at www.regionalreit.com.

 

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