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IN BRIEF: Regional REIT lifts dividend after rent collection boost

19th May 2021 14:33

Regional REIT Ltd - real estate investment trust focused on UK offices outside London - Lifts first-quarter dividend to 1.6 pence per share, up from 1.5p per share in previous quarter. Company has now collected 96% of first-quarter rent, up from 90% as of April 21. Completes lease renewals in period worth 6.4% more than previous agreements, and agrees 12 new leases worth around GBP900,000 per year.

Current stock price: 86.00p, up 4.4% on Wednesday

Year-to-date change: up 4.3%

By Ivan Edwards; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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Regional Reit
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