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Regional REIT completes acquisitions from Conygar

24 March 2017 09:37

Regional REIT Ltd has completed the acquisition of about £129m of UK regional office, industrial and retail & retail distribution investment properties from The Conygar Investment Company.

The deal was first announced in February. Regional REIT had acquired the properties by way of the purchase of a number of Special Purpose Vehicles (SPVs) that owned the individual assets.

In settlement of the acquisition, it had now issued 26.3m new shares to Conygar.

At 9:37am: (LON:RGL) Regional Reit Limited share price was +0.13p at 101.13p

Story provided by StockMarketWire.com

Related Company: RGL

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