- Regional REIT said it had raised £62.5m from a capital raising, exceeding a £50.0m target set in June.

New shares in the company were issued at 106.5p each.

Stephen Inglis, chief executive of asset manager Officer of London & Scottish Property Investment Management said the funds would support the next period of the company's growth.

' With a substantial pipeline of attractive near-term investment opportunities, we look forward to continuing to leverage our expertise to make further attractive investments in regional UK property and sector leading returns for shareholders,' Inglis said.

Story provided by