Directorate Change

21st January 2011
RNS Number : 8784Z
Real Estate Investors PLC
21 January 2011
 

 

 

21 January 2011

 

Real Estate Investors plc

(“REI” or “the Company” or “the Group”)

 

DIRECTORATE CHANGE

 

Real Estate Investors plc (AIM:RLE), the West Midlands based property group, announces that Peter Lewin, non-executive director, has retired from the Company with effect from 31 December 2010.

 

The Board would like to thank Mr Lewin for his invaluable contribution to the Company since its inception and wishes him all the best in his retirement.

 

Enquiries:

 

Real Estate Investors PLC

Paul Bassi

 

+44 (0)121 265 6400

Smith & Williamson Corporate Finance Limited

Azhic Basirov / Siobhan Sergeant

 

+44 (0)20 7131 4000

Liberum Capital Limited

Chris Bowman / Richard Bootle

 

+44 (0)20 3100 2000

 

Notes to Editors

 

1.      REI is an AIM listed property investment company specialising in commercial and residential property principally in the West Midlands and central England.

 

2.      REI is focused on delivering shareholder value through returns generated from strong yields and capital enhancements. This is achieved by targeting investments in orphaned, distressed, part-let and underperforming commercial and residential property assets.

 

3.      REI is led by respected property investor Paul Bassi CBE, who has over 25 years of property experience in the West Midlands. Mr Bassi is also founder and chairman of Bond Wolfe and chairman of Bigwood Chartered Surveyors.

 

4.      REI was admitted to trading on AIM in June 2004 and has subsequently raised a total of £35 million in further equity issues as well as debt financing to grow its property portfolio. 

 

5.      Further information on REI can be found at www.reiplc.com.

 

This information is provided by RNS
The company news service from the London Stock Exchange
 

END

 
 

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