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Re: RLE Stream Log
15:53 08/06/2016
Simbrad
0 replies 0 0

Liberum published a note on RLE this morning on Research Tree: "The £20m acquisition of the Market Shopping Centre in Crewe leaves REI well on track to meet or exceed our full year earnings and dividend forecast. The centre has been acquired at a 9% net initial yield with opportunity to add value through extension and reconfiguration. The shares trade at a CY16E P/NAV of 0.94x in line with the sector, but with a DPS yield of 4% which increasingly has upside potential."

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