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Regional REIT – executive interview

Regional REIT – executive interview

Regional REIT — 12 videos in collection

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In this interview, Stephen Inglis discusses Regional REIT’s (RGL’s) recently announced refinancing plans. Stephen is CEO of London & Scottish Property Investment Management, RGL’s external asset manager. The company is seeking to raise approximately £104.7m (net of costs) in new equity aimed at reducing gearing and providing greater flexibility for capital investment, which it expects to have a positive impact on earnings and investment property valuations. Specifically, the proceeds will be used to repay the outstanding £50m retail bond, reduce secured borrowings and provide funding for identified capex projects. The prospectus is available on RGL’s website.

RGL is focused on investment in offices in regional centres across the UK, outside the M25. It is actively managed with a strong focus on income returns.

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Real Estate

Regional REIT – executive interview

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Regional REIT – executive interview

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