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REI reveals sales of £10.4 million of property despite challenging market

Summary by Ground News

REI has a total gross portfolio of £169.2 million with £8 million in cash at the bank. Loan to value is now down to 35.9% net of cash. The company has focused on selling off individual properties within its portfolio, in particular those offering an uplift on previous book values.

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Shropshire Star

REI reveals sales of £10.4 million of property despite challenging market

The company has focused on selling off individual properties within its portfolio, in particular those offering an uplift on previous book values.

2 years ago·Ketley, United Kingdom

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REI reveals sales of £10.4 million of property despite challenging market

The company has focused on selling off individual properties within its portfolio, in particular those offering an uplift on previous book values.

2 years ago·Wolverhampton, United Kingdom

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Express & Star broke the news in Wolverhampton, United Kingdom 2 years ago on Monday, September 25, 2023.

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