Real Estate Investors PLC Change of Adviser (1607K)
December 12 2018 - 1:00AM
UK Regulatory
TIDMRLE
RNS Number : 1607K
Real Estate Investors PLC
12 December 2018
12 December 2018
Real Estate Investors Plc
("REI" or the "Company")
Changer of Adviser
Real Estate Investors Plc (AIM: RLE), the London Stock Exchange
listed Real Estate Investment Trust (REIT) with a portfolio of 1.5
million sq ft of commercial property in the Midlands property
market across all sectors, announces that Cenkos Securities plc
("Cenkos") has been appointed as the Company's Nominated Adviser
with immediate effect. This follows the completion of the
acquisition of the Nominated Adviser and Corporate Broking business
of Smith & Williamson by Cenkos.
Enquiries:
Real Estate Investors Plc
Paul Bassi +44 (0)121 212 3446
Cenkos Securities
Azhic Basirov/David Jones +44 (0)20 7397 8900
Liberum
Jamie Richards/William Hall +44 (0)20 3100 2000
Gable Communications Limited +44 (0)20 7193 7463
John Bick +44 (0)7872 061 007
About Real Estate Investors Plc
Real Estate Investors Plc is a publicly quoted, internally
managed property investment company and REIT with a portfolio of
1.5 million sq ft of 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 of central Birmingham
and 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 a progressive dividend
policy. Further information on the Company can be found at
www.reiplc.com.
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END
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