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Real Estate Investors PLC
Recent Press Releases

02 Aug 2010 REI Sell Historic Portfolio
Real Estate Investors Plc, the West Midlands based property group have unconditionally exchanged contracts to sell 87 Bank Street, Maidstone Kent from their historic portfolio for the sum of £725,000.
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21 Jul 2010 Investment Update
The Company is pleased to confirm that, on the 19 July 2010, it unconditionally exchanged contracts to acquire the property at 75-77 Colmore Row, Birmingham for £4.5 million in cash. The property comprises a prime listed office building in the heart of the city centre, comprising 18,676 sq ft over 5 floors, and is fully let to PricewaterhouseCoopers LLP until 24 December 2013, producing annual rental income of approximately £400,000.
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30 Jun 2010 Director Dealing
Real Estate Investors (AIM:RLE), the West Midlands based property group, announces that, following his appointment, yesterday, John Crabtree acquired 500,000 ordinary shares of 1p each in the Company, at a price of 6.5p per share. This represents 0.1 per cent. of the issued share capital of REI and is his total holding in the Company.
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29 Jun 2010 John Crabtree and William Wyatt join the REI PLC. Board
Paul Bassi - Chief Executive said "We are delighted that John and William have joined the REI board. They both have outstanding track records, and I am sure their contribution will assist in establishing REI as one of the leading property investment companies in the West Midlands."
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01 Mar 2010 Preliminary Announcement For the Year Ended 31 December 2009
Real Estate Investors PLC (AIM:RLE) the West Midlands based property group, today announces its preliminary results for the year ended 31 December 2009.
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05 Feb 2010 Gain Outline Planning Consent for Residential Development
REI Plc. are pleased to announce they have been successful in gaining outline planning consent for residential development on a 0.8 acre site in Oldbury, West Midlands. The site, which currently houses the former Red Lion Public House was acquired in October 2009.
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03 Feb 2010 Tenants Enter into 4 Renewal Leases in West Bromwich
REI Plc. is pleased to announce that partners of leading Midlands based law firm, Challinors, have entered into 4 Renewal Leases in respect of their occupation of 3 floors at Guardian House, Cronehills Linkway, West Bromwich. The Leases each become effective upon the expiration of the current Leases in September 2011, and are for a term expiring in September 2022.
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26 Jan 2010 Conditional Placing of £10.1 Million and Notice of Extraordinary General Meeting
Real Estate Investors today announces that it has conditionally placed 155,309,834 new Ordinary Shares at a price of 6.5 pence per Ordinary Share, raising gross proceeds of £10.1 million (£9.7 million net), from institutional and other investors.
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31 Dec 2009 Paul Bassi, awarded a CBE in the New Year’s Honours List announced today
Real Estate Investors PLC is delighted to announce that its Chief Executive, Paul Bassi, has been awarded a CBE in the New Year’s Honours List announced today.
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01 Oct 2009 Directors Dealing
REI announces that today, Paul Bassi, a director of the Company, purchased 1,000,000 ordinary shares of 1p each in the Company ("Ordinary Shares") at a price of 4.0p per share. Mr Bassi's investment is through Bond Wolfe Assets Limited, of which he is executive chairman and sole shareholder.
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09 Sept 2009 Interim Results for six months ended 30 June 2009
Real Estate Investors PLC (AIM: RLE), the AIM listed property group, announces its results for the six months ended 30 June 2009.
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22 Jul 2009 Completion of Latitude
REI have completed the acquisition of Latitude, Bromsgrove Street, Birmingham, an unbroken retail parade of 11 units for the sum of £2.2 million in cash.
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REI Plc. Cathedral Place, 3rd Floor, 42-44 Waterloo Street, Birmingham B2 5QB  T: 0121 212 3446.

 
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