May 2, 2018 / 6:30 AM / 6 months ago

BRIEF-Regional REIT Announes Acquisition of £35.2 mln Regional Portfolio

May 2 (Reuters) - Regional REIT Ltd:

* EXCHANGED CONTRACTS TO PURCHASE SIX REGIONAL ASSETS FROM KILDARE PARTNERS FOR £35.2 MILLION IN AN OFF MARKET TRANSACTION

* TRANSACTION EXPECTED TO PROVIDE A NET INCOME OF C. £3.1 MILLION PER ANNUM WHICH EQUATES TO A NET INITIAL YIELD OF 8.4% Source text for Eikon: Further company coverage:

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