StockMarketWire.com - Regional REIT said it had completed the acquisition of six regional assets in the UK from Kildare Partners for £35.2m.

As previously indicated, the portfolio consisted of five regional offices and one office and distribution property in Telford, Rotherham, Macclesfield, Dundee, Chelmsford and Bedford.

The assets were expected to provide a total net income of around £3.1m per annum, equating to a net initial yield of 8.4%, the company said.


At 9:51am: [LON:RGL] Regional Reit Limited share price was -0.25p at 94.75p



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