Local Shopping REIT Plc (The) (LSR) ORD GBP0.20
The Local Shopping REIT plc is a United Kingdom-based real estate investment trust (REIT). The Company's investment objective is to maximize value for its shareholders from its existing portfolio of local real estate assets, comprising local shops in urban and suburban areas, as well as neighborhood and convenience properties throughout the United Kingdom. The Company seeks to achieve its objective through realizing its assets in accordance with prevailing market conditions with a view to repaying its existing debt facilities; exploiting the potential of its remaining property portfolio through active asset management, and making further investments in properties, in consultation with Internos Global Investors Limited (INTERNOS), to protect the realizable value of an existing property asset. The Company's directly owned portfolio consists of approximately 330 properties, with over 1,000 letting units.
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