Regional REIT Limited and its subsidiaries (Group) is a United Kingdom (UK) based real estate investment trust that launched in November 2015. It is managed by London & Scottish Property Investment Management Limited, the Asset Manager, and Toscafund Asset Management LLP, the Investment Manager.
Regional REIT’s commercial property portfolio is comprised wholly of income producing UK assets and comprises, predominantly offices units located in the regional centres outside of the M25 motorway.
The portfolio is highly diversified, with 150 properties, 857 tenants as at 30 September 2020, with a valuation of £739.9m.
Regional REIT pursues its investment objective by investing in, actively managing and disposing of regional core and core plus property assets. It aims to deliver an attractive total return to its Shareholders, targeting greater than 10% per annum, with a strong focus on income supported by additional capital growth prospects.
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.
Regional REIT disposes of 45 million worth of industrial portfolio
Regional REIT disposes of Arena Point, Leeds for £10.65 million