Regional REIT Limited (RGL.L) LSE

100.20

+0.2(+0.20%)

Updated at December 24 01:57PM

Currency In GBp

Regional REIT Limited

Address

Mont Crevelt House

Saint Sampson, GY2 4LH

Guernsey

Phone

442078456100

Sector

Real Estate

Industry

REIT - Office

Employees

0

First IPO Date

November 06, 2015

Key Executives

NameTitlePayYear Born
Stephen John InglisNon-Executive Director and Chief Executive Officer of London & Scottish Property Investment Management Limited01969
Adam DickinsonHead of Investor Relations0N/A
Simon Crosbie MarriottInvestment Director01964

Description

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 Property Investment Management Limited, the Asset Manager, and Toscafund Asset Management LLP, 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 151 properties as at 30 June 2020, with a valuation of £742.3m. 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.