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Questor: this property fund is swimming against the tide in search of better returns

Questor: this property fund is swimming against the tide in search of better returns
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Investegate | Company News | Corporate, London Stock Exchange, Regulatory News Headlines Regional REIT ups first-quarter dividend by 7%

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Regional REIT ups first-quarter dividend by 7% | 19 May 2021

19 May 2021 | 09:45am StockMarketWire.com - Property investor Regional REIT upped its first-quarter dividend by 7% after notching higher rent collections. The company declared a dividend for the three months through March of 1.6p per share, up from 1.5p year-on-year. Regional REIT said it completed a number of lease renewals during the quarter, achieving rental uplifts of 6.4% versus the prior rent level. At 14 May, collection for first-quarter rent due had increased to 96.1% from 90.4%, as previously announced on the 21 April. The oompany s asset management team continues to actively engage with its highly diversified roster of tenants to ensure the maintenance of strong quarterly rent collections, Regional REIT said.

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Regional REIT collects 90% of first-quarter rent | 21 April 2021

21 April 2021 | 09:26am StockMarketWire.com - Property investor Regional REIT said it had collected 90.4% of rents due for the firs quarter. The total comprised 84.8% rent received, monthly rents of 2.9% and agreed collection plans of 2.7%. The company said the 84.8% of rent received compared favourably with a collection of 83.8% for the equivalent period in 2020. At 9:26am: [LON:RGL] Regional Reit Limited share price was 0p at 78p Story provided by StockMarketWire.com Find out how to deal online from £1.50 in a SIPP, ISA or Dealing account. Latest share price and company details:

Regional reitRegional reit limitedLon rglAgl lபிராந்திய ரேட்பிராந்திய ரேட் வரையறுக்கப்பட்டவை

Place North West | Clothing retailer makes Oakland House move

Dan Whelan AM London Fashion is to occupy 16,400 sq ft at Regional Reit’s Old Trafford office block, relocating from City Approach in Eccles. The fashion company has signed a 10-year lease on the third and fourth floors of Oakland House on Talbot Road. In a further deal, existing occupier PHMG, an audio branding agency, has taken an additional 11,000 sq ft on the sixth floor. The company initially signed for 5,450 sq ft on a 10-year lease in 2019. Agency Cushman & Wakefield acted on behalf of London & Scottish Property Investment Management, which manages the 163,000 sq ft building for Regional Reit. The quoting rent for the building is £12.50/ sq ft.

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