Report

Active management for income

Regional REIT (RGL) provides a focused exposure to actively managed UK regional commercial real estate, predominantly secondary office and light industrial assets. The regional property recovery began later than in London and we believe RGL offers the potential for above average late-cycle income and capital growth. While Brexit has increased uncertainty about economic prospects, the asset manager observes that regional demand has so far remained resilient and anticipates higher rental income, with targeted improvements to occupancy through the second half of the year and into 2017. It has an established and diversified high-yielding portfolio that already supports the attractive 7.3% prospective dividend yield with the potential for income and capital growth from property-specific asset management initiatives.
Provider
Edison Investment Research
Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

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Analysts
Martyn King

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