Regional Reit Share Discussion Threads

[wirralowl] 03/12/2015 11:33

Very happy to have picked up another 2.5K today at the issue price of £1.

LG, I'm aware that the company intend to pay dividends twice yearly, but am struggling to find any dates? Do you happen to know? TIA.

[lord gnome] 20/11/2015 10:36

I bought some RGL in preference to AEWU after having a long hard look at both companies. They occupy the same space and have similar investment objectives, but I reckon RGL is the pick of the two. Firstly, it is a bigger and therefore more-liquid stock. Despite having only two MMs I could pick up what stock I wanted without difficulty and a dummy sell then confirmed the ability to sell them again.
The yield / NAV situation is similar, but I reckon RGL has a higher quality portfolio of properties. It also has an advantage in that the share purchase does not attract stamp duty - every little helps. Currently RGL plan to pay dividends half-yearly instead of quarterly like AEWU, so AEWU wins on that score. When I tried a dummy buy of AEWU I also found it impossible to buy any quantity on line and would have to place limit orders. This does not fill me with confidence for when it's time to sell. I am keeping AEWU on watch and will review after their first nav / dividend announcement.

[lord gnome] 20/11/2015 10:02

I'm in. Bought a small initial holding to see how it goes. The prospect of a 7-8% yield proved a bit too tempting, together with the opportunity of getting the shares at close to launch price.

[davep4] 13/11/2015 10:10

Thanks Chaps!

[jonwig] 12/11/2015 12:01

The prospectus states (p18) that the initial NAV will be 100p less the costs of floatation, which I'd guess means 98p-98.5p.

They will next state the nav at 31/12.

[lord gnome] 12/11/2015 11:51

As far as I can tell, dave, I think it was floated at around NAV i.e. 100p per share.

[davep4] 12/11/2015 11:00

Anyone know what Regional REIT's NAV was at float?

[jonwig] 08/11/2015 17:52

Interesting issue, but you can buy Town Centre Securities [TCSC] at a decent discount to NAV and a long track record. A lower yield, because it also does property development work.

[lord gnome] 08/11/2015 17:34

hxxp://www.yorkshirepost.co.uk/business/business-news/regional-reit-to-tap-into-business-growth-as-rents-rise-outside-of-london-1-7550971#axzz3qvCd6Mu2

[lord gnome] 08/11/2015 17:31

Here it is, your all-new thread for another all-new high-yield regional property investment fund.

[lord gnome] 08/11/2015 17:29

Commenced trading at 100p per share on Friday 6th November 2015. Mkt Cap at launch £274 millions. The Company is seeded by £386m of UK properties (128 properties), with a running net initial yield of 8.3%. The Management Team is targeting returns of 7-8% dividend yield and 10-15% of total returns.

Information and Prospectus:

Company Web Site: www.regionalreit.com

Financial Calendar: www.regionalreit.com/investors/financial-calendar/yr-2023

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