Regional REIT Ltd (RGL) ORD NPV

Regional REIT Limited is a Guernsey-based real estate investment trust (REIT). The Company’s commercial property portfolio comprises wholly income-producing United Kingdom assets, predominantly offices located in the regional centers outside the M25 motorway. The portfolio is geographically diversified, with approximately 123 properties, 1,248 units and 740 tenants. The Company may also invest in property portfolios in which up to 50% of the property is situated inside the M25 motorway. Its commercial property portfolio includes Capitol Park, Leeds; Orbis 1, 2 & 3, Derby; Eagle Court, Birmingham; Hampshire Corporate Park, Chandler's Ford, Eastleigh; Manchester Green, Manchester; Beeston Business Park, Nottingham, and others. Its subsidiaries include Beaufort Office Park Management Company Limited, Regional Commercial MIDCO Ltd, and others. It is managed by ESR Europe LSPIM Ltd., the Asset Manager, and ESR Europe Private Markets Ltd., the Investment Adviser.

To deliver an attractive total return to Shareholders, with a strong focus on income from investing in UK commercial property, predominately in the office sector in major regional centres and urban areas outside of the M25 motorway.

• Ongoing charge7.09%
• Annual management charge -
• Performance feeYes

An annual management fee of 1.1% of EPRA NAV, reducing to 0.9% over GBP 500m and up to or equal to GBP 1000m 0.7% of EPRA NTA above GBP1000m and up to or equal to GBP 1500m and 0.5% of EPRA NTA above GBP 1500m payable in cash quarterly in arrears. A performance fee of15% of Shareholder Returns in excess of the annual Hurdle Rate of 8% for the relevant Performance Period.