The investment firm opposes a planned rights issue at a discount to the share price
Company is offloading properties to lower LTV
New equity issue would be at a “material discount” to its current share price
“One of the most challenging years for REITs in recent memory and Regional REIT was not immune”
Private purchaser plans to convert the space into student accommodation
Global Banking School takes remaining space at Birmingham office
Portfolio value down 12.1% to £789.5m but occupancy is high
GBS will take approximately half of the office space at Norfolk House
Stable profit and secure rents are the key as Regional recycles its capital
Company confirms acquisitions in Sheffield and Leeds
Regional REIT has upped its quarterly dividend after a strong performance
The REIT has identified Derby, Milton Keynes and Crawley as future growth areas