Real Estate Investors Plc (RLE)

Overview

Real Estate Investors Plc is a publicly quoted, internally managed property investment company, also recognized as a Real Estate Investment Trust (REIT). It boasts a diverse portfolio primarily focused on mixed-use commercial properties within the Midlands. The company prides itself on having a property team with over a century of collective experience in the Midlands property market, covering a broad range of sectors. Real Estate Investors Plc adopted the REIT status on 1st January 2015, a transition that exempts it from corporation tax on rental income and capital gains related to its qualifying activities. This strategic move aligns with its investment strategy, aimed at capitalizing on well-located real estate assets across the Midlands known for their income and capital growth potential. This strategy entails active management of its asset portfolio, including refurbishment, change of use, and securing tenancies, with an overarching goal of achieving income enhancement and capital growth to support the company's dividend policy. Notably, the company's portfolio is strategically diversified to mitigate material reliance on any single asset or occupier.

Products and Services

Real Estate Investors Plc offers a range of property investment and management services tailored to capitalize on the growth potentials of the Midlands real estate market:

• Commercial Property Investments: The core offering involves the acquisition of mixed-use commercial properties. These properties are selected based on their location in established and proven markets across the Midlands, ensuring potential for both income and capital growth. Through active portfolio management, the company seeks to realize this potential.
• Refurbishment Services: Part of its strategy includes refurbishing existing properties to enhance their value and appeal. This can involve minor upgrades or comprehensive overhauls, depending on the specific needs and potential of the property to attract tenants and realize higher returns.
• Change of Use Projects: Recognizing the dynamic nature of real estate markets, Real Estate Investors Plc engages in change of use projects. This involves repurposing properties to align with market demands and regulations, thereby unlocking additional value from its investments.
• Letting Services: The company actively works on letting its properties to reliable tenants. This service is critical for generating steady rental income and securing the financial stability of the portfolio. It encompasses market analysis, tenant sourcing, negotiation of lease terms, and ongoing tenant management.