LONDON (Alliance News) - Real Estate Investors PLC Wednesday said it has added to its property portfolio with the acquisition of three properties, while it has also secured new lettings worth GBP300,000 a year. The West Midlands-based property investment company bought City Gate House in Le Read More

UK MORNING BRIEFING: Glencore Sells Interest In Peru Copper Project

14th Apr 2014 07:15

LONDON (Alliance News) - Glencore Xstrata said Monday it has agreed to sell its interest in the Las Bambas copper project in Peru to a Chinese consortium including MMG, Guoxin International Investment Corp and CITIC Metal Co for USD5.85 billion in cash. The deal is part of an agreement to w Read More

Real Estate Investors Buys Birmingham Building For GBP1.6 Million

14th Apr 2014 07:02

LONDON (Alliance News) - Real Estate Investors PLC Monday said it has acquired 33 Bennetts Hill in Birmingham city centre for GBP1.6 million in cash from commercial property consultants GVA, acting on behalf of Royal Bank of Scotland Group PLC. The West Midlands-based property group said th Read More

Real Estate Investors Raises GBP20M In Share Placing

26th Mar 2014 11:39

LONDON (Alliance News) - Real Estate Investors PLC Wednesday said it has GBP20 million through the conditional placing of 40.0 million shares, which it will use to make acquisitions in the West Midlands property market. The placing price of 50 pence represents a premium of 1.0% to the closi Read More

Real Estate Investor Acquires Leamington Spa Property For GBP2.35M

21st Mar 2014 17:48

LONDON (Alliance News) - Real Estate Investor PLC said Friday that it had acquired the Lunn Poly House Parade in Leamington Spa, Warwickshire for GBP2.35 million. The property produces a rental income of GBP262,300 per year, and has tenants including Thomas Cook Retail Ltd, TUI UK Ltd, Shar Read More

Real Estate Investors Plans Conversion To REIT As Profit Soars

17th Mar 2014 08:56

LONDON (Alliance News) - Real Estate Investors PLC Monday reported an increase in profit and revenue for the year, as it prepares to convert into a real estate investment trust. The company, which invests in commercial property principally in the Midlands, posted pretax profit of GBP5.0 mil Read More

Real Estate Investors Says Significant Lettings Signed; Sells Properties For GBP6M

15th Jan 2014 10:20

LONDON (Alliance News) - Real Estate Investors PLC Wednesday said it has signed a number of significant lettings during the second-half, as it benefited from a recovery in the fair vale movement charge on a financial instrument of GBP2 million, which is a non-cash item. The property investm Read More

Value8,809.74

Change53.53