Regional REIT Ltd | REIT Profile

Symbol: RGL
Exchange: LSE
Founded: 2015 (9 years)
HQ: London, United Kingdom
Type of REIT: Equity REIT
Listing Status: Public
Market Capitalization: Small-Cap
REIT Sector: Industrial, Office, Retail

See RGL on Yahoo Finance

Regional REIT Limited (Regional REIT or the Group), including its subsidiaries, is a United Kingdom based real estate investment trust (REIT). The Company was admitted to the premium segment of the Official List of the UK's Financial Conduct Authority (FCA) and to trading on the main market of the London Stock Exchange (LSE) on 6 November 2015, as LSE:RGL. Regional REIT is managed by London & Scottish Investments, the Asset Manager, and Toscafund Asset Management, the Investment Manager, and was formed from the combination of the existing property funds previously created by the Managers. Regional REIT pursues its investment objectives by investing in, actively managing and disposing of regional property assets. The Group offers investors a differentiated play on the recovery prospects of UK regional property. Regional REIT aims to deliver an attractive total return to its Shareholders, targeting 10-15% pa, with a strong focus on income and good capital growth prospects. The Company was incorporated in Guernsey on 22 June 2015. However, the listed company did not carry on business in its own right until the completion of a restructuring which occurred contemporaneously with the Admission of its Shares to trading on the London Stock Exchange on 6 November 2015.