Regional REIT (RGL) is trading in line with management’s expectations, is seeing a good level of interest in both its office and industrial properties, and has continued to be active in letting since 30 June. As a result, it expects occupancy rates to increase across the portfolio in the near term, supporting income from the growing portfolio (c £650m in assets). Lettings since the end of September indicate progress towards the 85% occupancy rate that we target for end-2017 and th
21 Nov 2017
Letting progress; trading in line
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Letting progress; trading in line
Regional REIT Ltd. (RGL:LON) | 21.5 -0.1 (-2.5%) | Mkt Cap: 110.8m
- Published:
21 Nov 2017 -
Author:
Martyn King -
Pages:
5
Regional REIT (RGL) is trading in line with management’s expectations, is seeing a good level of interest in both its office and industrial properties, and has continued to be active in letting since 30 June. As a result, it expects occupancy rates to increase across the portfolio in the near term, supporting income from the growing portfolio (c £650m in assets). Lettings since the end of September indicate progress towards the 85% occupancy rate that we target for end-2017 and th