Last checked at 
13 Apr 2017 07:00
13 April 2017
Regional REIT Limited
Annual Report and Accounts 2016 and Notice of the 2017 Annual General Meeting
Following the release on 23 March 2017 of its preliminary results for the year ended 31 December 2016 (RNS: 2563A), Regional REIT Limited (the "Company") announces that it has published its Annual Report and Accounts 2016.
The Company also announces that it will hold its Annual General Meeting at the offices of Macfarlanes LLP, 20 Cursitor Street, London EC4A 1LT, on 25 May 2017 at 10:30 am.
In accordance with Listing Rule 9.6.1, the Annual Report and Accounts 2016 and the Notice of the 2017 Annual General Meeting (the "Documents") have been submitted to the National Storage Mechanism and will shortly be available for inspection at http://www.morningstar.co.uk/uk/NSM.
Copies of the Documents are also available to view on the Company's website at www.regionalreit.com.
Copies of the Documents, together with a Form of Proxy for use in connection with the 2017 Annual General Meeting, will be posted to the Company's Shareholders shortly.
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Enquiries:
Regional REIT LimitedPress enquiries through Headland PR | |
Toscafund Asset Management LLP | Tel: +44 (0) 20 7845 6100 |
Investment Manager to the GroupJames S Johnson, Investor Relations, Regional REIT Limited | |
London & Scottish Investments Limited | Tel: +44 (0) 141 248 4155 |
Asset Manager to the GroupStephen Inglis | |
Headland PR Consultancy LLP | Tel: +44 (0) 20 7367 5222 |
Financial PRFrancesca Tuckett | |
Capita Company Secretarial Services Limited | |
Company Secretary Benjamin Hanley | Tel: +44 (0) 1392 477563 |
About Regional REIT
Regional REIT Limited (LSE: RGL) is a London Stock Exchange Main Market traded specialist real estate investment trust focused on office and industrial property interests in the principal regional locations of the United Kingdom outside of the M25 motorway.
Regional REIT is managed by London & Scottish Investments, the Asset Manager, and Toscafund Asset Management, the Investment Manager, and was formed by the combination of two existing funds previously created by the Managers as a differentiated play on the expected recovery in UK regional property, to deliver an attractive total return to Shareholders and with a strong focus on income.
The Group's investment portfolio, as at 31 December 2016, was spread across 123 regional properties, 941 units and 717 tenants. As at 31 December 2016, the investment portfolio had a value of £502.4m and a net initial yield of 6.7%. The weighted average unexpired lease term to first break was 3.6 years.
The Company's shares were admitted to the Official List of the UK's Financial Conduct Authority and to trading on the London Stock Exchange on 6 November 2015. For more information, please visit the Group's website at www.regionalreit.com.
Cautionary Statement
This document has been prepared solely to provide additional information to Shareholders to assess the Group's performance in relation to its operations and growth potential. The document should not be relied upon by any other party or for any other reason. Any forward looking statements made in this document are done so by the Directors in good faith based on the information available to them up to the time of their approval of this document. However, such statements should be treated with caution due to the inherent uncertainties, including both economic and business risk factors, underlying any such forward-looking information.