Video interview with CEO Paul Bassi17 Feb 2015 15:42
http://tinyurl.com/m762c4y
Paul Bassi, chief executive of Real Estate Investors (LON:RLE) says the company is buying commercial properties in Birmingham just as the city is on the cusp of re-emerging as a major economy in the UK. He says the purchase of another office building, in the heart of the new Birmingham "masterplan", for £1.85mln is about "value, value, value" with an initial yield of 11%.