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Regional REIT Ltd on Wednesday said rental income fell in the third quarter of 2025 from the prior three months as it continued a programme of strategic asset disposals. The London-based real estate investment trust said rent roll totalled £54.3 million in the quarter to September, down from £56.7 million in the previous three months, while estimated rental value fell to £80.8 million from £82.9 million. During the quarter, Regional REIT made £17.1 million sales which were achieved at 1.0% above June 30 valuation and reflected a net initial yield of 7.1%. At the end of September, the firm’s property portfolio was valued at £595.9 million compared to £608.3 million at the end of June. EPRA occupancy by estimate rental value was 77% compared to 79% at the end of June, with total rent collection of 98%. During the quarter, 21 lettings were made to new tenants and renewals and renegotiations were completed delivering £1.7 million of annualised rental income. Retention remained high, with 87% of leases up for renewal remaining let to the same tenants at increased rents. The company said it will pay a dividend of 2.50 pence per share for the period, up from 2.20p the year prior. Shares in Regional REIT were down 0.7% at 105.12p each in London on Wednesday. Copyright 2025 Alliance News Ltd. All Rights Reserved.
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