12th Nov 2025 13:01
(Alliance News) - Regional REIT Ltd on Wednesday said rental income fell in the third quarter of 2025 from the prior three months as it continued a programme of strategic asset disposals.
The London-based real estate investment trust said rent roll totalled GBP54.3 million in the quarter to September, down from GBP56.7 million in the previous three months, while estimated rental value fell to GBP80.8 million from GBP82.9 million.
During the quarter, Regional REIT made GBP17.1 million sales which were achieved at 1.0% above June 30 valuation and reflected a net initial yield of 7.1%.
At the end of September, the firm's property portfolio was valued at GBP595.9 million compared to GBP608.3 million at the end of June.
EPRA occupancy by estimate rental value was 77% compared to 79% at the end of June, with total rent collection of 98%.
During the quarter, 21 lettings were made to new tenants and renewals and renegotiations were completed delivering GBP1.7 million of annualised rental income. Retention remained high, with 87% of leases up for renewal remaining let to the same tenants at increased rents.
The company said it will pay a dividend of 2.50 pence per share for the period, up from 2.20p the year prior.
Shares in Regional REIT were down 0.7% at 105.12p each in London on Wednesday.
By Jeremy Cutler, Alliance News reporter
Comments and questions to [email protected]
Copyright 2025 Alliance News Ltd. All Rights Reserved.
Related Shares:
Regional Reit