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Regional REIT

  • Regional REIT: Boost to bottom line as it looks beyond emergency capital raise

    Property

    Embattled real estate investment trust Regional REIT was given a boost from exchanges on six big leases in the three months to June, helping it achieve a double digit net rental uplift since the start of the year.

    The West Midlands recorded a 72 per cent increase in overseas investment projects last year, creating almost 7,000 jobs.
  • Regional REIT launches £110.5m capital raising to stave off bankruptcy

    property

    Regional REIT has laid out plans to raise around £110.5m from a new share offer.

    It also announced a one for 10 share consolidation.
  • Regional REIT posts steady earnings amid wider uncertainty

    Property

    Property investment trust Regional REIT posted a solid performance in the first quarter of this year, with rent income, collection rates and property value all staying steady despite ongoing uncertainty.

    GfK’s long-running Consumer Confidence Index decreased in September.
  • Regional REIT weighs options as £50m bond deadline approaches

    March 12, 2024

    The real estate investment trust has £50m in retail bonds set to mature in August, but fears that it is strapped for cash to pay them off have been rampant for months.

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