Midlands-focused property investment company Real Estate Investors (LON: RLE) has secured deals to sell property and land at prices in excess of their book valuations. This will help to free up cash for reinvestment and there rent collections are strong enough to pay a dividend that could provide a yield of around 10%.
Chief executive Paul Bassi says that there is already a significant increase in interest in offices outside of city and town centres. People are less keen to travel to city centres and prefer to work nearer to home. These types of properties are a specialisation of Real Estat...
