Last checked at 31 Mar 2016 07:00
31 March 2016
Real Estate Investors PLC
("REI" or the "Company" or the "Group")
Quarterly dividends
As announced in its recent final results announcement, following the payment of its final dividend for the year ended 31 December 2015 on 29 April 2016, the Company will be paying future dividends on a quarterly basis commencing in July 2016 with the payments expected to occur in the months of July, October, January and April.
Enquiries:
Real Estate Investors PLC Paul Bassi
| +44 (0)121 212 3446 |
Smith & Williamson Corporate Finance Limited Azhic Basirov
| +44 (0)20 7131 4000 |
Liberum Tom Fyson / Jamie Richards | +44 (0)20 3100 2000 |
About Real Estate Investors PLC
Real Estate Investors PLC is a publicly quoted property investment company with a portfolio of over 1,000,000 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 Real Estate Investment Trust (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 with the view to implementing a progressive dividend policy. Further information on the Company can be found at www.reiplc.com.