Added to YB: 2025-07-25
Pitch date: 2025-07-23
RGL.L [bullish]
Regional REIT Limited
-14.42%
current return
Author Info
The Oak Bloke shares analysis of the UK stock market, particularly overlooked small caps. Sign up for the newsletter.
Company Info
Regional REIT Limited ('Regional REIT' or the 'Company') and its subsidiaries (the 'Group') is a United Kingdom ('UK') based real estate investment trust that launched in November 2015.
Market Cap
GBP 200.7M
Pitch Price
GBP 1.19
Price Target
N/A
Dividend
7.11%
EV/EBITDA
N/A
P/E
-3.70
EV/Sales
5.14
Sector
Office REITs
Category
dividend
RGL-ers revenge
RGL.L: Office REIT trading at 125p with 8% yield. Broker optimistic despite £99.8m debt due in 12m. Portfolio now £607.8m after £130m losses 2023-24, but showing +£1.9m bounce in Q1'25. New lettings at 6.32% above ERV. Post-disposal strategy yields £57.33m rent at 88.1% occupancy. 11.5% ROE potential + 5% property appreciation = 24% ROE. Portfolio 60% below replacement cost.
Read full article (5 min)