Tag: Regional REIT
Regional REIT appoints David Hunter as chair designate
The Board of Regional REIT has announced the appointment of David Hunter as an Independent Non-Executive Director and Chair designate, effective 2 January 2025....
Regional REIT cuts debt with £33.4m early paydown
Regional REIT The Regional REIT has announced the early repayment of £33.4m of debt, ahead of schedule, reducing its borrowings to £319.9m.
The repayment...
Regional REIT enters JV to install solar panels on key properties
Regional REIT has entered into a joint venture with pan-European solar PV developer Sunbird Solar International to install solar panels on a number of...
Regional REIT secures major tenants at Lightyear in Glasgow
Regional REIT announced that Lightyear, its Grade A office building near Glasgow Airport, has achieved over 90% occupancy.
This follows the recent leasing of...
ARA Asset Management acquires Regional REIT’s asset manager
Singapore-based global real asset manager ARA Asset Management has acquired a majority shareholding stake in Regional REIT's asset manager, London & Scottish Property Investment Management.
Regional REIT is...
Regional REIT pays £26.5m for three Yorkshire office assets
Regional REIT has paid £26.5 million for three office assets in Yorkshire.
The REIT made three separate investments in Sheffield city centre, Thorpe Business Park, Leeds, and Leeds city centre...
Regional REIT invests £48.2m in three office properties
United Kingdom based real estate investment trust Regional REIT has acquired three office properties in Derby, Milton Keynes and Crawley for £48.2 million, reflecting a blended net initial yields of...
Regional REIT acquires UK office portfolio for £236m
Regional REIT has acquired a portfolio of 31 multi-let office assets from Squarestone Growth LLP for a consideration price of £236 million.
Regional REIT said the portfolio...
Regional REIT divests industrial property portfolio for £45m
Regional REIT has agreed to sell an industrial property portfolio to ARA Dunedin for £45 million.
Regional REIT said this reflects a net initial yield...
Regional REIT sells Leeds office property for £10.65m
Regional REIT has sold an office property, Arena Point, in Leeds for £10.65m, representing a substantial uplift of 15.8% against the 31 December 2020 valuation.
Regional REIT said...