19 Oct 2015 14:51
19 October 2015
Secure Income REIT Plc (the "Company")
Posting of Interim Report
The Company announces that its interim report for the six months ended 30 June 2015 has been posted to shareholders and is available on the Company's website, www.SecureIncomeREIT.co.uk.
Enquiries:
Secure Income REIT Plc | +44 20 7647 7647 |
Sandy Gumm |
|
Stifel Nicolaus Europe Limited (Nominated Adviser) | +44 20 7710 7720 |
David Arch | |
Tom Yeadon | |
FTI Consulting | +44 20 3727 1000 |
Richard Sunderland | |
Claire Turvey | |
About Secure Income REIT
Secure Income REIT Plc floated as a Real Estate Investment Trust on the AIM segment of the London Stock Exchange in June 2014. Upon Admission, the Company had a share price of 174p, representing a market capitalisation of £293 million, which has subsequently grown to c. £515 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 unaudited interim results for the six months ended 30 June 2015 the Company reported gross assets of £1.3 billion and, with a weighted average unexpired lease term of 24 years across its portfolio, all with annual fixed or RPI rental uplifts, the Company has one of the longest income profiles in the quoted property sector.
The Company's Board is chaired by Martin Moore and 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 externally managed by Prestbury Investments LLP which was also external manager to Max Property Group Plc until August 2014, when it was sold to Blackstone Group.