Real Estate Investors Plc is a publicly quoted, internally managed property investment company and REIT with a portfolio of mixed-use commercial property. the portfolio is managed by REI’s highly-experienced property team with over 100 years of combined experience of operating in the Midlands property market, across all sectors.
The REI portfolio has no material reliance on any single asset, occupier or sector.
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 announced in January 2024 that it would be undertaking an orderly strategic sale of the Company’s portfolio over three years, disposing of assets individually or collectively, at or above book value, to optimise returns to shareholders.
The pace of the disposal programme will be dictated by market conditions, with an initial focus on repaying the Company’s debt.
It is the Board’s intention to continue paying a fully covered quarterly dividend, subject to ongoing disposals.