Secure Income REIT PLC

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Market Cap:
£1.49 billion
460.00 GBX
52 weeks high
52 weeks low

In brief

Secure Income REIT’s investment strategy is designed to satisfy investors’ growing requirements for high quality, safe, inflation protected income returns.

The Group owns a freehold portfolio of 81 key operating real estate assets with a weighted average unexpired lease term of over 23 years. The most recent independent portfolio valuation was the valuation of the leisure and healthcare portfolios at 30 June 2016 of £1.38bn. Adjusting this value for the purchase of the Travelodge Hotels at cost the pro forma portfolio value is £1.57bn, reflecting a net initial yield of 5.4%. All properties are fully let with all rents guaranteed by financially strong businesses.

The Company has an outstanding, experienced non-executive Board comprising four Independent Directors and three directors from the Investment Advisor, Prestbury Investments LLP.