Country Specialist: Asia Pacific ex Japan. The group has exchanged on eight new leasing deals since 30 June 2020, totalling 16,202 square foot, worth £0.2m per annum of rental income. That brings the overall number of new leases this year to 29 across 171,838 square foot, worth £1.4m per annum of rental income. Additionally, the board said it expected another 2.3% of tenants to settle within seven days, which in aggregate would amount to 88.7% of rents to be collected. © 2021 WebFG and Media Limited or its affiliated companies. The next Regional REIT Limited dividend will go ex today for 1.5p and will be paid in 1 month. Free registration. On Tuesday, Regional REIT Ltd (RGL:LSE) closed at 76.70, 54.07% above the 52 week low of 49.78 set on Mar 18, 2020. ft. building […], Regional REIT has acquired two offices, in Swansea and Bristol, for £10.2m at a combined net initial yield of 10.1%. Regional REIT Ltd - Q3 Trading update, Dividend & Strategic Review 12th Nov '20 Annoucement Regional REIT Ltd - Director/PDMR Shareholding The latest Regional REIT Ltd share price (RGL). This disposal reflects an uplift […], In QuotedData’s morning briefing 2 October 2020: It’s a bit of a slow day, but we do have annual results from Henderson Eurotrust (a very strong performance despite challenging markets), […]. It said it expects the dividend to be fully covered by EPRA earnings. REGIONAL REIT LIMITED. It said lease renewals for office and industrial assets achieved a 9.8% increase in the rent roll year-on-year, and added that EPRA occupancy rates remained “robust” due to “active and intensive” asset management at 89.4%, precisely in line with the figure reported a year earlier. Regional REIT fires up £80m industrial sale 26 Jan 2021 | by Chris Borland, David Hatcher. For the property sector, it was the shot in the arm it […], QuotedData’s weekly news show 13 November 2020 Thank you to everyone that listened in today, whether you watched the Zoom live, on Facebook or on youtube. Get quote details and summary for Regional REIT Limited. Currently about 14pc is in industrial units and 4.3pc in retail. QuotedData’s weekly news show 13 November 2020, Regional REIT acquires two offices for £10.2m, QuotedData’s morning briefing 2 October 2020, Regional REIT to sell all non-office assets after strategic review. Given the company’s discount to net asset value (NAV) – currently around 25% – the board said it may undertake a buyback of its own shares using proceeds from the asset sales. Regional REIT has announced it will sell all non-office assets after a strategic review by the board. FTSE All-Share 3,861.77 Regional REIT - Progress with capital raise deployment. It is actively managed and targets a total shareholder return of at least 10% with a strong focus on income. Please Login or Subscribe. Regional REIT Ltd. engages in managing and investing in commercial properties. Integral to the strategy is Management’s detailed plans for each property with each property modelled and planned.--> Regional REIT provides investors with exposure to … View recent trades and share price information for Regional REIT Ltd and other shares. Regional REIT has announced it will sell all non-office assets after a strategic review by the board. The portfolio is highly diversified, amounting to: 67.3% offices; 23.3% industrial; 8.1% retail and 1.3% other. What Makes Investment Companies Different? Released 07:00:05 12 November 2020 12 November 2020. Following the internal strategic review, the board said it was “convinced that the supply and demand imbalance of the office sector, coupled with the asset manager’s specialist operating platform and experience, will maximise total shareholders returns”. Regional REIT provides investors with exposure to commercial properties in the regional centres of the UK, outside of the M25 motorway. “The conclusion of the board’s internal strategic review to dispose in due course of the remaining non-office assets in order to focus investment in the regional office market, will allow the company to take full advantage of the current sector inefficiencies being observed. It also completed a number of lease renewals during the quarter, achieving rental uplifts of 12.2% versus previous rent. QD view – Has COVID impact on offices been over-egged? As at 6 April, Regional REIT had collected 81.6% of rent due, in comparison to 83.1% on the same date in 2019. Another 4.8% of tenants had switched to monthly payments, and had either paid or agreed to pay. Stock analysis for Regional REIT Ltd (RGL:London) including stock price, stock chart, company news, key statistics, fundamentals and company profile. Investment Companies Versus Open-Ended Funds, The listed investment company and property weekly show, Advertise and marketing services or being a show guest, Regional REIT collects 92.4% of rent for 2020. It said it would recycle the proceeds into acquiring office assets in the main regional centres of the UK, as well as potentially undertaking a share buyback programme. There are typically 4 dividends per year (excluding specials), and the dividend cover is approximately 1.0. The company will in due course seek to exit all other commercial property sector investments, including its industrial and remaining retail sites, while promptly recycling the capital into regional offices. BIS Quarterly Review | September 2020 | 14 September 2020. by Amanda Liu, Ilhyock Shim and Vladyslav Sushko. {{ storiesRelated.scrollNewsPercent }}% Complete, Micro Focus to appeal as jury rules in favour of Wapp in patent litigation case, London pre-open: Stocks seen up as US Senate approves Covid relief bill, Pearson holds dividend as it plans to target consumers directly, Monday newspaper round-up: UK airports, British ports, business confidence, GSK, SourceBio secures Covid-19 testing contract with England Rugby squad, Regional REIT confirms dividend, future payouts on review, Europe midday: Shares hold gains as oil price rises; Travel stocks in favour, UK consumer confidence rises as vaccines offer crisis exit, UK retail footfall declines for first time in seven weeks - Springboard, Eco Animal Health expects FY revenues to be 'significantly ahead' of expectations, Heathrow, TUC call on govt for aviation support package - report, Bailey says BoE needs 'proof' of recovery before tightening policy, Kape shares surge on acquisition of Webselenese, Avacta confirms efficacy of test on variant Covid-19 strains, Asia report: Most markets lower as bond jitters linger. It is envisaged that the company’s decision to focus solely on quality office assets for the foreseeable future will drive considerable value creation for shareholders by leveraging the manager’s key expertise whilst also serving as a major factor of differentiation for the company from existing London. London Stock Exchange plc is not responsible for and does not check content on this Website. In this […], Regional REIT buys Cardiff office – Regional REIT has completed the acquisition of a modern Grade A flagship office building in Cardiff for £8.4m.The four-floor, 61,641 sq. Regional REIT confirmed its dividend for the fourth quarter of 2.55p a share but warned that future payouts would be subject to review in light of the Covid-19 pandemic. Website users are responsible for checking content. Despite the prospect of further growth in rental income, shares in Regional REIT trade at a 15 per cent discount to forecast NAV. Regional REIT said it maintained its net loan-to-value ratio below its target of 40% at 38.9%, which was up slightly from the 38.3% it reported at the end of 2018. Regional REIT Ltd - Q3 Trading Update, Dividend & Strategic Review Regional REIT Says Targeting An Expected Full Year Dividend Of 6.4Pps Regional REIT Says … The company pulled an equity raise last month. Regional REIT confirmed its dividend for the fourth quarter of 2.55p a share but warned that future payouts would be subject to review in light of the Covid-19 pandemic. Regional REIT Limited ("Regional REIT" or the "Company") and its subsidiaries (the "Group") is a United Kingdom ("UK") based real estate investment trust … Regional Reit Daily Update: Regional Reit Limited is listed in the Real Estate Investment Trusts sector of the London Stock Exchange with ticker RGL. Obtains access to the information in a personal capacity; Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services; Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body; Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so; Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds; Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes. Regional Reit said last week it would sell its remaining non-office property, which accounts for about a fifth of its portfolio. Regional REIT Ltd (RGL:LSE) company profile with history, revenue, mergers & acquisitions, peer analysis, institutional shareholders and more. You are seeing these quotes based on previous browsing related to sectors such as. Should a persistent and significant share discount rating be observed, the board will take a balanced approach to the buyback of the company’s own shares where it is considered accretive to do so, using proceeds from asset sales, versus the opportunities in the regional office market which offer income and growth for our shareholders over the long term.”, RGL : Regional REIT to sell all non-office assets after strategic review, Your email address will not be published. Yesterday sold a partial holding in Unite UTG1 @ 1.05665 which was only yielding 3.0%, and added another order to Regional REIT. “The conclusion of the board’s internal strategic review to dispose in due course of the remaining non-office assets in order to focus investment in the regional office market, will allow the company to take full advantage of the current sector inefficiencies being observed. Required fields are marked *, Regional REIT collected 92.4% of rent for 2020, the company said in a market update. The group’s portfolio consists of 150 properties worth £739.9m, 80.3% weighted […] Corporate IWG issues ultimatum to Spaces landlords. Due to data protection policies, USA residents can not access our data. “In light of the company’ performance throughout COVID-19, the board is of the opinion that the market is undervaluing the company. At 1502 BST, shares in Regional REIT were up 5.26% at 86.1p. Regional REIT (RGL) has exchanged contracts for the £27.7m acquisition of a regional office portfolio, its second significant transaction since H119 and marking progress with deployment of £62.5m (gross) proceeds of the July capital raise. Research current and historical price charts, top holdings, management and full profile. Since the period end, £30.7m of available borrowing headroom had been drawn down, ensuring “ample liquidity”, with a cash balance post dividend of £58.1m, the company said. The group’s portfolio consists of 150 properties worth £739.9m, 80.3% weighted to offices located outside of London. Q3 Trading update, Dividend & Strategic Review . Adjusted NAV at the end of December 2017 rose to £395.7m from £293.2m a year earlier, largely through funds raised via a share placing and a portfolio valuation uplift. The London-listed real estate investment trust said income remained stable in the 12 months to December 31 at £75.6m, compared to £74.0m a year earlier. The previous Regional REIT Limited dividend was 1.5p and it went ex 4 months ago and it was paid 2 months ago. Regional REIT owns a highly diversified commercial property portfolio of predominantly offices and light industrial units located in the regional centres of the UK. Regional REIT’s commercial property portfolio is wholly in the UK and comprises, predominantly, offices and light industrial units located in the regional centres of the UK outside of the M25 motorway. Shares provides unbiased commentary, ideas, views and news on stocks, funds, pensions and savings. It added: “For the foreseeable future, the board has decided that the company will focus its investment solely on properties in the office sector in the main regional centres of the UK outside of the M25 motorway. Maiden interim results from Regional Reit (RGL) confirmed that the property investor is well on its way to delivering a sector-busting 7-8 per cent dividend yield for the full year, based on the flotation price of 100p a share. Please review our cookie, privacy & data protection and terms and conditions policies and, if you accept, please select your place of residence and whether you are a private or professional investor. A vaccine breakthrough courtesy of Pfizer and BioNTech brought much needed positivity. Q+A: Regional REIT on exiting industrial and the future of the regional office 26 Jan 2021 | by Charlie Schouten. Executive Summary. Regional REIT has announced it will sell all non-office assets after a strategic review by the board.. Regional Reit Limited has a 4 week average price of … It will look to dispose of its industrial assets (13.9% of the portfolio), retail (4.3%) and other sectors (1.5%), valued at around £146m. Dividend Summary. The group, which owns a diverse property portfolio in […], Regional REIT disposes of Juniper Park – Regional REIT (RGL) has announced it has completed on the sale of Juniper Park, Basildon for £32.7m. “Our market fundamentals to date remain robust, however, we will inevitably be impacted by Covid-19 and though we are committed to paying a regular quarterly dividend to our shareholders this will be subject to market conditions, the company's performance, its financial position and business outlook,” said Stephen Inglis, chief executive of Regional REIT’s asset manager, London and Scottish Property Investment Management. RNS Number: 2583 Q Regional REIT Limited 25 February 2021 25 February 2021. The group’s portfolio consists of 150 properties worth £739.9m, 80.3% weighted to offices located outside of London. Physicians Realty Trust (DOC, $17.66) is a healthcare REIT focusing on medical office space that is leased to national and regional healthcare networks. The group has declared a dividend of 1.5p for the quarter to the end of September 2020 (less than the 1.9p declared in the same period in 2019), meaning it will pay a dividend of 6.4p for the full year 2020, equating to an annualised dividend yield of 8.3% at last night’s closing price. EPRA adjusted earnings per share totalled 7.8p, up from 7.5p in 2018, while its EPRA adjusted earnings per share including realised disposal proceeds were 8.2p, down from 13.7p. This website is for information purposes only and is not intended to encourage the reader to deal in the security or securities mentioned. Asia-Pacific Regional REIT markets and their role in cross-border investment. Regional REIT confirmed its dividend for the fourth quarter of 2.55p a share but warned that future payouts would be subject to review in light of the Covid-19 pandemic. Periodically I review my existing holdings, in particular those maturing 12 to 24 months. This will ensure the group is able to maximise its investment objectives of delivering shareholders an attractive and sustainable income focused total return over the long term.”. All rights reserved. This increases to 95.5% when agreed monthly payments and collection plans are accounted […], Hoorah, some good news. Great investment tools with live data. It is envisaged that the company’s decision to focus solely on quality office assets for the foreseeable future will drive considerable value creation for shareholders by leveraging the manager’s key expertise whilst also serving as a major factor of differentiation for the company from existing London listed REITs. The last closing price for Regional Reit was 79p. Following a strategic review, REIT will be focused on investing into regional offices Want to read the full article? ADVERTISEMENT. Regional REIT placing its bet on the future of the office outside London ... Frasers to review portfolio due to lack of business rates reform. Regional REIT to sell all non-office assets after strategic review. The EPRA net asset value per share slipped to 112.7p from 115.5p, while the group cost of debt decreased to 3.5% from 3.8%. Regional REIT will pay a dividend of 1.5p per share for the fourth quarter of 2020. These acquisitions will add greater diversification to the REIT’s portfolio and are set to expand MLT’s regional footprint in China, a fast-growing logistics market in the Asia-Pacific region. It will look to dispose of its industrial assets (13.9% of the portfolio), retail (4.3%) and other sectors (1.5%), valued at around £146m. Regional REIT said it would be selling all assets not focused on regional office markets - around £145m of industrial and retail - this morning following a strategic review of the business. RNS Number: 0527 F Regional REIT Limited 12 November 2020 12 November 2020. Your email address will not be published. Core and core plus regional office and industrial property assets represented 93.6% of Regional REIT's portfolio by value, with 79.9% in offices and 13.7% in industrial sites, the board reported. REGIONAL REIT LIMITED. London Stock Exchange.
Secure Income Reit Hl, Boston Bruins Stanley Cup Wins 2011 Roster, 1998 Home Run Derby Winner, International Social Media Platforms, день защитника украины поздравления, Sl Vs Wi 2021 Broadcast Channel, Monchu Fifa 21 Potential, Bret Hart Winged Eagle Belt,