Title: URL Source: https://is.gd/bk6QeN Published Time: Thu, 08 May 2025 08:58:14 GMT Markdown Content: ## Financial Metrics (31 December 2024) • Net Rental and property income £46.0m • EPRA NTA £340.8m (210.2pps) • Gross Debt £316.7m • Average cost of debt 3.4% (fully hedged) • Acquisitions £0.0m (before costs); disposals of £28.6m (net costs) • Dividend for 2024: 7.8pps* ## Business Model ## Business model Regions primed for growth Geographically diversified portolfio Investing in income-producing assets Active management of properties Highly experienced asset manager Opportunistic approach to the property market ## Operational Management • WAULTS (first break) and EPRA occupancy: 4.6 years (2.9 years) • Valuation yields: net initial 5.9%; equivalent 10.4%; reversionary 11.6% • Offices 90.7% (by value); industrial 3.7%. England and Wales 83.4% • Largest property 2.9% of portfolio; largest tenant £1.7m rent # 126 properties # £60.7m rent roll # £622.5m value of portfolio # 780 tenants # 41.8% LTV # FY 7.80pps* dividend ## Reasons To Invest Demand and supply dynamics Increased Demand • Increasing UK employment correlates with increased demand for physical space • Return to the office continues at a pace; 99% of Company tenants back in the office in some format Reduction of Supply • Repurposing of offices has seen total regional offices supply continue to reduce • Development appetite constrained due to lending restrictions, labour scarcity, raw materials impacted by inflationary pressure Proven experience through challenging periods • Quarterly dividend maintained • Rent collection averaged 99% for 2020 – to date • Experienced senior management team • Proven operational platform 70+ staff Diversification • Tenant standard industrial classification diversity • Geographical • Property type, configuration, lease length flexibility offering ## Key Contact Adam Dickinson, adam.dickinson@esr.eu.com Listing (ticker) LSE Main Market (RGL) Date of Listing 6 November 2015 Shares in issue 162.1m Broker Peel Hunt; Shore Capital Financial PR FTI Communications Incorporated Guernsey Website www.regionalreit.com ISIN GG00BSY2LD72 SEDOL BSY2LD72 High dividend distribution UK REIT, offering exposure to the regional commercial property market with active management by an experienced Asset Manager Overview Regional REIT’s commercial property portfolio comprises mainly of offices (90.7% as of 31 December 2024) located in the regional centres of the UK outside of the M25 motorway. Regional REIT is externally managed by ESR Europe LSPIM Ltd (LSPIM), the Asset Manager, and ESR Europe Private Markets Ltd, the Investment Advisor. # FACTSHEET # 31 DECEMBER 2024 > * Q1 2024 dividend of 1.2pps, post capital raise and a share consolidation of 1 for 10 shares > the Company declared dividends of 6.6pps. This document (“Document”) (references to which shall be deemed to include any information which has been made or may be supplied orally in connection with this Document or in connection with any further enquiries) has been prepared by and is the sole responsibility of ESR Europe Private Markets Limited (“ESR Europe”, in its capacity as Investment Adviser of Regional REIT Limited (“Regional REIT” or the “Company”)) in relation to the Company and its subsidiary undertakings (“the Group”). Certain identified content is, however, externally sourced and other information is provided by the Company’s Asset Manager, London & Scottish Property Investment Management Limited. This Document is published solely for information purposes. This Document does not constitute or form part of, and should not be construed as, an offer to sell or the solicitation or invitation of any offer to subscribe for, buy or otherwise acquire any securities or financial instruments of any member of the Group or to exercise any investment decision in relation thereto. The information and opinions contained in this presentation are provided as at the date of this presentation solely for your information and background, may be different from opinions expressed elsewhere and are subject to completion, revision and amendment without notice. None of ESR Europe or its members, the Company, the directors of the Company or any other person shall have any liability whatsoever (in negligence or otherwise) for any loss however arising from any use of this Document, its contents or otherwise arising in connection with this Document. The information contained in this Document has not been independently verified by ESR Europe or any other person. No representation, warranty or undertaking, either express or implied, is made by ESR Europe, the Company, any other member of the Group and any of their respective advisers, representatives, officers, partners, employees or agents as to, and no reliance should be placed on the fairness, accuracy, completeness, reasonableness or reliability of the information or the opinions contained herein. ESR Europe, the Company, any other member of the Group and any of their respective advisers, representatives, officers, partners, employees and agents expressly disclaim any and all liability which may be based on this Document and any errors or inaccuracies therein or omissions therefrom. All statements other than statements of historic facts included in this Document, including, without limitation, those regarding the Group’s results of operations, financial position, business strategy, plans and objectives of the Group for future operations and the net asset value of the Group are forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other important factors beyond the control of the Group that could cause the actual results, performance or achievements of Regional REIT to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. They speak only as at the date of this Document and actual results, performance or achievements may differ materially from those expressed or implied from the forward looking statements. ESR Europe and Regional REIT do not undertake to review, confirm or release publicly or otherwise to investors or any other person any update to forward-looking statements to reflect any changes in the Group’s expectations with regard thereto, or any changes in events, conditions or circumstances on which any such statement is based. This Document, and any matter or dispute (whether contractual or non-contractual) arising out of it, shall be governed or construed in accordance with English law and the English courts shall have exclusive jurisdiction in relation to any such matter or dispute. By continuing to use this Document, you are agreeing to the terms and conditions set forth above. Copies of the 2023 Annual Report & Accounts of Regional are available from the registered office of Regional REIT and on the Group’s website at www.regionalreit.com. ## Disclaimer Top 15 Assets (31 December 2024) Portfolio Locations (31 December 2024) ## Our Board David Hunter Chairman Frances Daley Independent Non-Executive Director Audit Committee Chairman Massy Larizadeh Senior Independent Non-Executive Director Management Engagement and Renumeration Committee Chairman Nomination Committee Chairman Nicole Burstow Non-Executive Director Stephen Inglis Non-Executive Director Chief Executive Officer LSPIM (Asset Manager) Top 15 Properties Market Value (£m) 300 Bath Street, Glasgow 17.9 Hampshire Corporate Park, Eastleigh 17.5 Norfolk House, Smallbrook Queensway, Birmingham 17.3 800 Aztec West, Bristol 15.8 Eagle Court, Coventry Road, Birmingham 15.2 Manchester Green, Manchester 14.9 Beeston Business Park, Nottingham 14.6 1-4 Llansamlet Retail Park, Nantyffin Rd, Swansea 13.3 Oakland House, Manchester 12.9 Orbis 1, 2 & 3, Pride Park, Derby 12.1 Ashby Park, Ashby De La Zouch 11.6 Lightyear - Glasgow Airport, Paisley 11.5 Linford Wood Business Park, Milton Keynes 11.3 Capitol Park, Leeds 11.0 The Coach Works, Leeds 10.5 TOTAL 207.0 Table may not sum due to roundings. # FACTSHEET # 31 DECEMBER 2024 Office (90.7%) Retail (3.6%) Industrial (3.7%) Other (2.0%)