Regional REIT - Positioning for growth
Despite the pandemic and its impact on office occupation, Regional REIT’s (RGL) H121 performance was robust. A stand-out feature was the continuing strong rent collection, underpinning the high level of income distribution. The portfolio has been repositioned for earnings and dividend growth from good quality, affordable regional offices, with RGL expecting a steady near-term performance and acceleration from late 2022.Regional REIT is a real estate investment trust company. Co. is engaged in the investment, management and disposition of regional property assets. Co.'s commercial property portfolio is in the U.K. comprises of offices and industrial units located in the regional centers of the U.K. outside of the M25 motorway. As of Dec 31, 2016, the portfolio is diversified with 123 properties, 941 units and 717 tenants.
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