Real Estate Investors plc (RLE.L)

GBp 29.5

(1.72%)

Market Cap (In GBp)

51.44 Million

Revenue (In GBp)

11.51 Million

Net Income (In GBp)

-9.4 Million

Avg. Volume

143.12 Thousand

Currency
GBp
Country
Real Estate
Open
-
Prev. Close
-
Day Range
-
Year Range
28.0-37.8
PE
-
EPS
-
Beta Value
0.634
ISIN
GB00B45XLP34
CUSIP
G7394S118
CIK
-
Shares
-
Earnings Annoncement
-

Company Profile

Sector
Real Estate
Industry
REIT - Diversified
CEO
Mr. Paramjit Singh Bassi CBE
Employee Count
-
Website
https://www.reiplc.com
Ipo Date
2007-03-23
Details
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.