5 Sep 2016 14:54
5 September 2016
Secure Income REIT Plc
ANNOUNCEMENT OF INTERIM RESULTS
Secure Income REIT Plc, which specialises in generating long term, inflation protected, secure income from real estate investments, will announce its interim results for the six month period to 30 June 2016 on Thursday, 8 September 2016.
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 |
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. Upon Admission, shares were issued at 174p representing a market capitalisation of £293 million, which has subsequently grown to in excess of £480 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.
In its audited results for the period ended 31 December 2015 the Company reported gross assets of £1.35 billion and, with a weighted average unexpired lease term of 23.5 years across its portfolio all with annual fixed or RPI rental uplifts, has one of the longest income profiles in quoted property sector.
The Company's Board is chaired by Martin Moore and also comprises three further independent Directors in Leslie Ferrar, Jonathan Lane and Ian Marcus, as well as three members of the Prestbury Team in Nick Leslau, Mike Brown and Sandy Gumm.
The Company is advised by Prestbury Investments LLP which was also adviser to Max Property Group plc until August 2014, when Max Property Group plc was sold to Blackstone Group.