Real Estate Investors (RLE)

Sector:

Real Estate

Index:

FTSE AIM All-Share

40.00p
   
  • Change Today:
      0.80p
  • 52 Week High: 42.75
  • 52 Week Low: 31.30
  • Currency: UK Pounds
  • Shares Issued: 179.38m
  • Volume: 183,226
  • Market Cap: £71.75m
  • RiskGrade: 129
  • Beta: 0.03

Real Estate Investors collects 90% of rents in Q1

By Iain Gilbert

Date: Wednesday 15 Jul 2020

LONDON (ShareCast) - (Sharecast News) - Midlands-focused real estate investment trust Real Estate Investors said on Wednesday that rent collection for the three months ended 30 June had risen to 90.16%.
Real Estate Investors also highlighted that rent collection for the current quarter was already at 81.94%, something it credited to the diversification of its portfolio and strong tenant relationships.

Based on current constructive dialogue with a number of tenants, the AIM-listed firm anticipates that rent collections for both periods will improve as tenants recommence trading from their premises.

Chief executive Paul Bassi said: "The stability and diversity of our asset base remains the key ingredient for the continued success of our rent collection and the resilience of our property portfolio."

"REI remains fully operational with staff now having the ability to work flexibly from our offices in a safe environment, collaboratively working together to pursue opportunities and asset management initiatives that will drive capital and income growth and underpin the future success of the business."

As of 1105 BST, REI shares were up 3.75% at 33.20p.

Email this article to a friend

or share it with one of these popular networks:


Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

RLE Market Data

Currency UK Pounds
Share Price 40.00p
Change Today 0.80p
% Change 2.04 %
52 Week High 42.75
52 Week Low 31.30
Volume 183,226
Shares Issued 179.38m
Market Cap £71.75m
Beta 0.03
RiskGrade 129

RLE Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
90.75% above the market average90.75% above the market average90.75% above the market average90.75% above the market average90.75% above the market average
86.96% above the sector average86.96% above the sector average86.96% above the sector average86.96% above the sector average86.96% above the sector average
Price Trend
32.08% below the market average32.08% below the market average32.08% below the market average32.08% below the market average32.08% below the market average
64.71% below the sector average64.71% below the sector average64.71% below the sector average64.71% below the sector average64.71% below the sector average
Income
97.41% above the market average97.41% above the market average97.41% above the market average97.41% above the market average97.41% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Growth
10.05% below the market average10.05% below the market average10.05% below the market average10.05% below the market average10.05% below the market average
17.65% above the sector average17.65% above the sector average17.65% above the sector average17.65% above the sector average17.65% above the sector average

What The Brokers Say

Strong Buy 1
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 1
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

RLE Dividends

  Latest Previous
  Q3 Q2
Ex-Div 30-Dec-21 07-Oct-21
Paid 21-Jan-22 29-Oct-21
Amount 0.75p 0.75p

Trades for 20-Jan-2022

Time Volume / Share Price
15:50 5,000 @ 40.35p
15:47 2,000 @ 39.72p
14:45 3,000 @ 39.64p
14:34 24,358 @ 40.44p
14:34 48,498 @ 40.46p

RLE Key Personnel

CEO Paul Bassi
Finance Director Marcus Daly

Top of Page