Real Estate Investors at a discount

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 cen...

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Andrew Hore is the publisher of AIM Journal, which is an online monthly publication covering the Alternative Investment Market.