16 Apr 2019 10:01
16 April 2019
Secure Income REIT Plc
(the "Company")
POSTING OF ANNUAL REPORT AND ACCOUNTS AND NOTICE OF ANNUAL GENERAL MEETING
Secure Income REIT Plc (AIM: SIR), the specialist long term income REIT, announces that the Company's Annual Report and Accounts, containing the results for the year ended 31 December 2018 that were announced on 6 March 2019 and the Notice of the Company's Annual General Meeting ("AGM"), has been posted to shareholders today and is available in the Investor Centre on the Company's website at www.SecureIncomeREIT.co.uk
The AGM of the Company will be held at Cavendish House, 18 Cavendish Square, London W1G 0PJ at 9.30am on Thursday 23 May 2019.
For further information on the Company, please contact:
Secure Income REIT Plc | +44 20 7647 7647 |
Sandy Gumm | enquiries@SecureIncomeREIT.co.uk |
|
|
Stifel Nicolaus Europe Limited (Nominated Adviser & Broker) | +44 20 7710 7600 stifelsecureincomereit@stifel.com |
Stewart Wallace |
|
Tom Yeadon
|
|
FTI Consulting (PR Adviser) | +44 20 3727 1000 SecureIncomeREIT@fticonsulting.com |
Dido Laurimore |
|
Claire Turvey |
|
Eve Kirmatzis |
|
About Secure Income REIT Plc
Secure Income REIT 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.
At 31 December 2018, the Group's investment property portfolio was valued at £2.3 billion, producing £125 million per annum of rental income from long term leases with a weighted average unexpired term to expiry of 20.9 years with no breaks. All rental income is subject to fixed uplifts or RPI upwards only rent reviews. The Group's portfolio comprises key operating assets let to strong businesses in defensive sectors with high barriers to entry. The RPI-linked rent reviews and fixed rental uplifts combine with fixed cost debt to drive healthy dividend growth, creating attractive and predictable returns.
The Company is advised by Prestbury Investments LLP which was adviser to Max Property Group plc until August 2014, when all of the assets of Max Property Group plc were 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.
The Company's Board is chaired by Martin Moore together with three further independent Directors: Leslie Ferrar, Jonathan Lane and Ian Marcus, as well as three members of the Prestbury Team: Nick Leslau, Mike Brown and Sandy Gumm.
The Company is a UK REIT which floated on the AIM market of the London Stock Exchange in June 2014.
The Company's LEI is: 213800M1VI451RU17H40
Further information on Secure Income REIT is available at: www.SecureIncomeREIT.co.uk