Real Estate Investors PLC

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Risk-Adjusted Performance

Real Estate Investors PLC (RLE) Price Performance

Real Estate Investors PLC (RLE) trades on London Stock Exchange in GBX. The company is classified in the Real Estate sector under the REIT - Diversified industry. The stock currently trades at GBX30.90.

Over the past year, RLE has traded between a low of GBX26.97 and a high of GBX33.00. The stock has gained 11.0% over this period. It is currently 6.4% below its 52-week high.

Real Estate Investors PLC has a market capitalization of $54.90M, with a price-to-earnings ratio of 31.40 and a dividend yield of 5.41%.

About Real Estate Investors PLC

Real Estate Investors Plc is a publicly quoted, internally managed property investment company and REIT with a portfolio of mixed-use commercial property, managed by a highly experienced property team with over 100 years of combined experience of operating in the Midlands property market across all sectors. The portfolio has no material reliance on a single asset or occupier. On 1st January 2015, the Company converted to a REIT. Real Estate Investment Trusts are listed property investment companies or groups not liable to corporation tax on their rental income or capital gains from their qualifying activities. The Company announced in January 2024 that it would be undertaking an orderly strategic sale of the Company's portfolio over three years, disposing of assets individually or collectively, at or above book value, to optimise returns to shareholders. The pace of the disposal programme will be dictated by market conditions, with an initial focus on repaying the Company's debt. In the meantime, it is the Board's intention to continue paying a fully covered quarterly dividend. Real Estate Investors Plc was incorporated in 2004 in United Kingdom.