News for Real Estate Investors PLC - REI http://www.reiplc.com/ 2013-06-19T00:00:00Z http://www.reiplc.com/images/REI_logo.png http://www.reiplc.com/ News for Real Estate Investors PLC - REI Real Estate Investors PLC (AIM: RLE), a property company focussed on investing in commercial property principally in the Midlands, today announces its preliminary results for the year ended 31 December 2012. http://www.reiplc.com/news/press_release_detail.php?rel_ID=83 2013-03-28T00:00:00Z Real Estate Investors plc (AIM: RLE), the West Midlands based property group, is pleased to present a review of the Company's business for 2012. http://www.reiplc.com/news/press_release_detail.php?rel_ID=82 2013-01-14T00:00:00Z Real Estate Investors plc (AIM: RLE), the West Midlands based property group, announces that, on 9 November 2012, it exchanged contracts to acquire 85-89 Colmore Row, Birmingham, from Cavendish Estates (London) Ltd in administration C/O Price Waterhouse Coopers for a consideration of £4 million in cash. http://www.reiplc.com/news/press_release_detail.php?rel_ID=81 2012-11-12T00:00:00Z Real Estate Investors PLC (AIM:RLE) the West Midlands based property group, today announces its half year results for the six month period ended 30 June 2012. http://www.reiplc.com/news/press_release_detail.php?rel_ID=80 2012-09-19T00:00:00Z REI PLC has unconditionally exchanged contracts to acquire a part-vacant property at 294-310 High Street, West Bromwich (a former Allied Carpets retail block,with upper part offices) for £475,000 in cash. http://www.reiplc.com/news/press_release_detail.php?rel_ID=79 2012-06-20T00:00:00Z Real Estate Investors Plc announces that it has acquired office buildings at Apex, Edgbaston for the sum of £1.690 million in cash http://www.reiplc.com/news/press_release_detail.php?rel_ID=78 2012-06-11T00:00:00Z Birmingham-based Real Estate Investors PLC turned in a good full year in 2011 with rental income up 50 per cent and its properties 85 per cent let – despite the economic uncertainty and a generally flat commercial property market. http://www.reiplc.com/news/press_release_detail.php?rel_ID=76 2012-03-26T00:00:00Z Real Estate Investors Plc, confirm that they have completed a refinancing with Aviva for the sum of £10.4 Million. These facilities are for a term of 15 years, at a fixed rate of 5.16% inclusive. http://www.reiplc.com/news/press_release_detail.php?rel_ID=75 2012-03-23T00:00:00Z Real Estate Investors plc (AIM: RLE), the West Midlands based property group, is pleased to confirm that the Company has leased 14,446sq feet at Avon House in Bromsgrove to AFH Financial Group Plc, a wealth management company quoted on the PLUS Market. http://www.reiplc.com/news/press_release_detail.php?rel_ID=74 2012-02-28T00:00:00Z Real Estate Investors PLC (AIM: RLE), the West Midlands based property group, confirms that it has agreed a £20 million Revolving Credit Facility ("RCF") with Lloyds Banking Group for a term expiring in October 2014. All other conditions remain similar to those of the previous facility. http://www.reiplc.com/news/press_release_detail.php?rel_ID=73 2011-12-12T00:00:00Z It is with deep regret that the Board of Real Estate Investors reports the death of Peter Lewin, founder and former Chairman of the Company, who passed away peacefully on Friday 25th November 2011. http://www.reiplc.com/news/press_release_detail.php?rel_ID=72 2011-11-28T00:00:00Z Real Estate Investors plc (AIM: RLE), the West Midlands based property group, announces that, on 3 October 2011, John Crabtree, Non-executive Chairman of the Company, acquired 38,000 ordinary shares of 10p each in the Company (“Ordinary Shares”) at a price of 52.25p per share. http://www.reiplc.com/news/press_release_detail.php?rel_ID=71 2011-10-05T00:00:00Z Real Estate Investors PLC (AIM:RLE) the West Midlands based property group, today announces its half year results for the six month period ended 30 June 2011. http://www.reiplc.com/news/press_release_detail.php?rel_ID=70 2011-09-29T00:00:00Z Real Estate Investors plc (AIM: RLE), the West Midlands based property group, announces that it has exchanged contracts to acquire three properties in the Midlands for a total of £13.05 million, in cash. The properties produce a total current rent of £1.55 million, representing an initial yield of 11.84%. These acquisitions increase the Company’s total annualised rent roll to £6.11 million, a 50% increase since 1 January 2011. http://www.reiplc.com/news/press_release_detail.php?rel_ID=69 2011-09-13T00:00:00Z Real Estate Investors plc (AIM: RLE), the West Midlands based property group, announces that over the six months ended 30 June 2011, contracted rents have increased 12% to £4.547 million per annum (31 December 2010: £4.062million per annum). Current Estimated Rental Value is approximately £5.753 million per annum. http://www.reiplc.com/news/press_release_detail.php?rel_ID=68 2011-07-13T00:00:00Z Real Estate Investors plc announces that it proposes to raise gross proceeds of up to £15 million (approximately £14.7 million net of expenses) through the issue of up to 272,727,277 New Ordinary Shares by way of a Placing at a price of 5.5p per New Ordinary Share. The Placing is being carried out to allow REI to capitalise on opportunities to acquire prime and quality secondary properties in the West Midlands in a capital starved market. http://www.reiplc.com/news/press_release_detail.php?rel_ID=33 2011-06-28T00:00:00Z Real Estate Investors plc (AIM:RLE), the West Midlands based property group, announces that, on Friday, 5 May 2011, it completed the acquisition of 32.1 acres of land in Tredegar for £1 million, in cash. http://www.reiplc.com/news/press_release_detail.php?rel_ID=32 2011-05-09T00:00:00Z Real Estate Investors PLC (AIM: RLE) the West Midlands based property group, today announces its preliminary results for the year ended 31 December 2010. http://www.reiplc.com/news/press_release_detail.php?rel_ID=31 2011-04-04T00:00:00Z Real Estate Investors plc (AIM:RLE), the West Midlands based property group, announces that, yesterday, it received detailed planning consent for eight three bedroom semi detached homes at their recently acquired former public house, Hill Tavern, Dudley, West Midlands. http://www.reiplc.com/news/press_release_detail.php?rel_ID=30 2011-01-12T00:00:00Z Real Estate Investors PLC (AIM: RLE), the AIM listed property group, announces its unaudited results for the six months ended 30 June 2010. http://www.reiplc.com/news/press_release_detail.php?rel_ID=27 2010-09-15T00:00:00Z 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. http://www.reiplc.com/news/press_release_detail.php?rel_ID=26 2010-08-02T00:00:00Z 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. http://www.reiplc.com/news/press_release_detail.php?rel_ID=25 2010-07-21T00:00:00Z 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 http://www.reiplc.com/news/press_release_detail.php?rel_ID=24 2010-06-30T00:00:00Z 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." http://www.reiplc.com/news/press_release_detail.php?rel_ID=23 2010-06-29T00:00:00Z Real Estate Investors PLC (AIM:RLE) the West Midlands based property group, today announces its preliminary results for the year ended 31 December 2009. http://www.reiplc.com/news/press_release_detail.php?rel_ID=22 2010-03-01T00:00:00Z 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. http://www.reiplc.com/news/press_release_detail.php?rel_ID=21 2010-02-05T00:00:00Z 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. http://www.reiplc.com/news/press_release_detail.php?rel_ID=20 2010-01-26T00:00:00Z 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. http://www.reiplc.com/news/press_release_detail.php?rel_ID=19 2009-12-31T00:00:00Z 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. http://www.reiplc.com/news/press_release_detail.php?rel_ID=18 2009-10-01T00:00:00Z Real Estate Investors PLC (AIM: RLE), the AIM listed property group, announces its results for the six months ended 30 June 2009. http://www.reiplc.com/news/press_release_detail.php?rel_ID=17 2009-09-09T00:00:00Z