Wins Listed Business of the Year

RNS Number : 0643Q

Real Estate Investors PLC

12 June 2015

 

12 June 2015

REAL ESTATE INVESTORS PLC

("REI Plc" or the "Company")

Real Estate Investors Plc wins Listed Business of the Year

REI Plc (AIM:RLE), the Birmingham based publicly quoted property group today announces it has been awarded the prestigious 'Listed Business of the Year' award at The West Midlands Business Masters Awards 2015.

Chief  Executive Paul Bassi commented: "REI Plc is pleased to be recognised by these awards that reflect the company's growth and success to date. With the recent £45 million placing and conversion to REIT status, REI Plc is well placed to continue to build on the foundations that have been put in place and to establish itself as a premier property investor within the region."

Enquiries:

Real Estate Investors Plc
Paul Bassi	T: [phone]
Smith & Williamson Corporate Finance Limited (Nominated Adviser)
Azhic Basirov / David Jones	T: [phone]
Liberum Capital (Broker)
Tom Fyson / Jamie Richards	T: [phone]
Gable Communications Limited	T: [phone]
John Bick	M: [phone] E: [e-mail]

Notes to Editors

Real Estate Investors is an AIM listed property investment company with a £104.4 million (as at 31 December 2014) commercial and residential portfolio principally in the West Midlands and central England.

Real Estate Investors is focused on delivering shareholder value through returns generated from strong yields and capital enhancements. This is achieved by targeting investments in orphaned, distressed, part-let and underperforming commercial and residential property assets.

Real Estate Investors is led by respected property investor Paul Bassi CBE, who has over 30 years of property experience in the West Midlands. Mr Bassi is also founder and non-executive chairman of Bond Wolfe and non-executive chairman of CP Bigwood Chartered Surveyors. Real Estate Investors was admitted to trading on AIM in June 2004. Further information on Real Estate Investors can be found at www.reiplc.com.

 

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