Real Estate Investors plc (RLE.L) LSE

32.90

+0(+0.00%)

Updated at December 04 05:15PM

Currency In GBp

Real Estate Investors plc

Address

2nd Floor

Birmingham, B3 2AP

United Kingdom of Great Britain and Northern Ireland

Phone

44-12-12123446

Sector

Real Estate

Industry

REIT - Diversified

Employees

7

First IPO Date

March 23, 2007

Key Executives

NameTitlePayYear Born
Mr. Paramjit Singh Bassi CBEChief Executive Officer & Director506,0001962
Mr. Marcus Hugh Paul Daly F.C.A.Finance Director, Secretary & Director315,0001957
Mr. Andrew Osborne B.Sc., MRICSInvestment Manager0N/A
Mr. Ian Clark B.Sc., MRICSSenior Asset Manager0N/A
Mr. Jack Sears B.Sc., MRICSAsset Management Executive0N/A
Ms. Anna DurnfordDirector of Investor Relations0N/A

Description

Real Estate Investors Plc is a publicly quoted, internally managed property investment company and REIT with a portfolio of 1.59 million sq ft of mixed-use 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 across 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 its progressive dividend policy, which has enjoyed 7 years of consecutive growth. Further information on the Company can be found at www.reiplc.com.