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Regional REIT Sells Industrial Property Portfolio For GBP39 Million

2nd Jul 2018 11:37

LONDON (Alliance News) - Regional REIT Ltd said Monday it has completed the disposal of an industrial property portfolio for GBP39.1 million.

The industrial portfolio comprised of 15 industrial property assets, 54 units, and 42 tenants amounting to 610,620 square feet, the company said.

The sale price represents a 24% uplift against the portfolio's valuation at December 2017.

Shares in the company were trading 0.5% higher at 95.50 pence each.


Related Shares:

Regional Reit
FTSE 100 Latest
Value8,809.74
Change53.53