Real Estate Investors preparing for Brexit after solid first half
17th Sep 2018 10:24
(Sharecast News) - Midlands-focussed property group Real Estate Investors issued its unaudited half-year results for the six months ended 30 June on Monday, reporting a 2.2% rise in gross property assets to £217.8m.
Read moreWednesday broker round-up
29th Aug 2018 13:33
(Sharecast News) - Barratt Developments: Citigroup upgrades to buy with a target price of 634p.
Read moreReal Estate Investors makes good progress in third quarter
12th Dec 2016 08:32
(ShareCast News) - Birmingham-based property group Real Estate Investors posted a portfolio update and third quarter dividend declaration on Monday. The AIM-traded real estate investment trust said that, during the second half of 2016, REI has sold two non-core retail properties in Crawley and Norwi
Read moreReal Estate Investors buys West Bromwich block
9th Mar 2016 16:02
(ShareCast News) - Real Estate Investors was looking at the possibility of a combined West Bromwich development on Wednesday, announcing its intention to purchase the freehold of West Plaza on the high street from Bond Wolfe Estates for £8m. The AIM-traded real estate investment trust said the deal
Read moreReal Estate Investors adds two new provincial properties
21st Dec 2015 14:09
(ShareCast News) - Real Estate Investors was all smiles on Monday, having acquired two new properties in provincial centres, with immediate income benefits. The AIM-listed real estate investment trust announced the acquisitions to the market on Monday, for a total consideration of £7.125m. Real Est
Read moreSunday share tips: Imperial Tobacco, Real Estate Investors
27th Sep 2015 17:25
(ShareCast News) - A carve-up of Imperial Tobacco is back on the table, with speculation in that regard sending the stock up by 13% over the past month and by 6% in just the last week. British American Tobacco and Japan Tobacco considered just that in 2012 and following Anheuser-Busch InBev's approa
Read moreLondon pre-open: Sharp sell-off expected as Greek crisis escalates
29th Jun 2015 07:43
Stock markets across Europe are set to plummet on Monday morning as the risk of a Greek default and possible exit from the Eurozone increased significantly over the weekend following the breakdown of talks between Athens and its lenders. City sources predict the FTSE 100 will open around 180 points
Read moreReal Estate Investors sells off $9.5m of portfolio
29th Jun 2015 07:11
AIM-listed Real Estate Investors announced it sold off three properties to the value of almost $10m. The Birmingham based trust said it sold 85/89 Colmore Row in Birmingham for £7.850m; 770-772 Bristol Road in Northfield for £1.425m; and 150 Birmingham Road in West Bromwich £250,000. REI chief exec
Read moreSunday share tips: Halfords, Sports Direct, Real Estate Investors
13th Jul 2014 13:26
Buy shares of Halfords to capitalise on the UK's retail recovery and the growing craze for cycling, Questor advised in the Sunday Telegraph. The shares have risen about 60% since Questor recommended them in early October 2013 but have gone sideways in the past month. The Tour de France has boosted c
Read moreReal Estate Investors sells Birmingham property for £4.6m
4th Jul 2014 09:57
West Midlands-based property group Real Estate Investors has sold its Cathedral Place property to Can Life UK for £4.6m. The property, which is located in Waterloo Street, Birmingham, was purchased at £356 per square foot and received a net initial yield of 4.12%. Chief Executive Officer Paul Bass
Read moreGood Energy's Finance Director reduces stake after strong results
14th Apr 2014 16:00
Garry Peagam, the Group Finance Director of Good Energy Group, has traded in shares worth 122,335 pounds one week after the AIM-listed renewable energy provider delivered a doubling of its pre-tax profits. The director traded in 42,500 shares at 287.85p a time. Following the sale, Garry Peagam h
Read moreTuesday broker round-up UPDATE
18th Jun 2013 08:19
Alternative Networks: Westhouse Securities upgrades from neutral to add with a target price of 350p. Andes Energia: Westhouse Securities initiates with a target price of 60p and a buy recommendation. Andor Technology: Investec reduces target price from 525p to 360p downgrading from buy to hold. A
Read moreDebenhams CEO tops up stake with 100,000 shares
25th Oct 2012 16:02
Michael Sharp, the Chief Executive Officer of department store chain Debenhams, has added 100,000 shares to his stake in the company on the same day it posted a 2.3 per cent rise in like-for-like sales during a year of 'challenging trading conditions'. The transaction saw Sharp buy the shares at 1
Read moreDomino's director slices off 100,000 shares
27th Sep 2012 17:30
Patricia Thomas, the Operations Director at Domino's Pizza UK & Ireland, the main operating subsidiary of Domino's Pizza, sold 100,000 ordinary shares in the company on the same day it reported a slowdown in like-for-like sales growth in the third quarter. Thomas disposed of the shares at an avera
Read moreReal Estate Investors offers maiden divi after rental income soars
19th Sep 2012 12:48
Real Estate Investors, a West Midlands based property group, almost doubled its rental income for the half year ended June 30th, prompting the company to offer a maiden dividend of 0.5p per share. Rental income rose 48% to £2.67m (H1 2011: £1.81m), contributing to a pre-tax profit of £0.556m compa
Read more