Secure Income REIT PLC Notice of Results (5536X)
February 22 2017 - 4:52AM
UK Regulatory
TIDMSIR
RNS Number : 5536X
Secure Income REIT PLC
22 February 2017
22 February 2017
Secure Income REIT Plc
PRELIMINARY RESULTS ANNOUNCEMENT DATE
Secure Income REIT Plc, the UK REIT specialising in generating
long term, inflation protected, secure income from real estate
investments, will announce its preliminary results for the year
ended 31 December 2016 on Thursday, 9 March 2017.
A presentation for investors and analysts will be held at 10.45
am GMT on that date. Those wishing to attend should contact FTI
Consulting on the details below.
For further information on the Company, please contact:
Secure Income REIT Plc +44 20 7647 7647
Sandy Gumm
Stifel Nicolaus Europe
Limited (Nominated Adviser) +44 20 7710 7600
Mark Young
David Arch
Tom Yeadon
FTI Consulting +44 20 3727 1000
Richard Sunderland
Claire Turvey
About Secure Income REIT
Secure Income REIT floated as a Real Estate Investment Trust on
the AIM segment of the London Stock Exchange in June 2014. The
market capitalisation on admission of GBP293 million has since
grown to in excess of GBP730 million.
The Company specialises in generating long term, inflation
protected, secure income from real estate investments. Its
investment strategy is designed to satisfy investors' growing
requirements for high quality, safe, inflation protected income
flows.
Adjusting the 30 June 2016 interim results on a pro forma basis
for the acquisition of the Travelodge portfolio, the Company's
investment property portfolio was valued at approximately GBP1.57
billion, producing approximately GBP92.4 million per annum of
rental income from long term leases with a weighted average
unexpired term to expiry of over 23 years, one of the longest
income profiles in the quoted UK real estate sector. All rental
income is subject to fixed or RPI upwards only rent reviews.
The Company is advised by Prestbury Investments LLP which was
adviser to Max Property Group plc until August 2014, when Max
Property Group plc was sold to Blackstone Group. Prestbury
Investments LLP is a partnership of real estate and finance
professionals including Nick Leslau, Mike Brown, Tim Evans, Ben
Walford and Sandy Gumm.
This information is provided by RNS
The company news service from the London Stock Exchange
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