RDI REIT PLC Investor Day Presentations (4998T)
04 July 2018 - 4:00PM
UK Regulatory
TIDMRDI
RNS Number : 4998T
RDI REIT PLC
04 July 2018
RDI REIT P.L.C.
("RDI" or the "Company")
(Registered number 010534V)
LSE share code: RDI
JSE share code: RPL
ISIN: IM00B8BV8G91
LEI: 2138006NHZUMMRYQ1745
INVESTOR DAY PRESENTATIONS
RDI, the FTSE 250 income focused UK-REIT, hosted an investor day
and property tour in London on Thursday, 28 June 2018.
The focus of the day was on landlords becoming service providers
and the importance that active asset management plays in generating
long-term sustainable and growing income. The event was hosted by
the management teams of RDI and its strategic operational partners,
Office Space in Town and RBH Hotel Group. The Company presented a
strategic update on its recent hotels and serviced office
acquisitions and hosted a panel debate. The panel included our
operational partners and external sector experts, corroborating the
structural change in occupier demand driving the need for
flexibility and high-quality services.
All presentations and videos can be accessed via the homepage of
the Company's website: www.rdireit.com.
For further information:
RDI REIT P.L.C.
Mike Watters, Stephen Oakenfull, Janine Tel: +44 (0) 20 7811
Ackermann 0100
FTI Consulting
UK Public Relations Adviser
Dido Laurimore, Claire Turvey, Ellie Sweeney Tel: +44 (0) 20 3727
1000
Instinctif Partners
SA Public Relations Adviser
Frederic Cornet Tel: +27 (0) 11 447
3030
Java Capital
JSE Sponsor Tel: +27 (0) 11 722
3050
Note to editors:
About RDI
RDI is a FTSE 250 UK Real Estate Investment Trust (UK-REIT)
committed to becoming the UK's leading income focused REIT. The
Company's income-led business model and strategic priorities are
designed to offer shareholders superior, sustainable and growing
income returns, with a target growth in underlying earnings per
share of 3%-5% across the medium term.
Income sustainability is underpinned by a diversified portfolio
and tenant base, with no overreliance on any one sector or tenant,
together with an efficient capital structure. The secure and
growing income stream is 25.9% indexed and has a WAULT of 6.8 years
to first break (8.2 years to expiry). This is complemented by an
average debt maturity of 7.0 years of which over 90% of interest
costs are either fixed or capped. The Company is focused on all
aspects impacting shareholder distributions and reports one of the
lowest cost ratios in the industry whilst maintaining a low cost of
debt.
The Company owns properties independently valued at GBP1.6bn in
the United Kingdom and Germany, Europe's two largest, liquid and
transparent property markets. RDI invests in assets with strong
property fundamentals spread across UK offices (including London
serviced offices), UK logistics, UK shopping centres, UK retail
parks, UK hotels and German retail. RDI is well placed to take
advantage of the increasing occupier requirement for real estate
owners to become high quality service providers, given its scalable
operational platforms and nearly a third of the portfolio invested
in hotels and London serviced offices.
RDI holds a primary listing on the London Stock Exchange and a
secondary listing on the Johannesburg Stock Exchange and is
included within the FTSE 250, EPRA, GPR, JSE All Property and JSE
Tradeable Property indices.
For more information on RDI, please refer to the Company's
website www.rdireit.com
All figures as at 28 February 2018
This information is provided by RNS, the news service of the
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Authority to act as a Primary Information Provider in the United
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of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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