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Regional REIT begins capital expenditure drive after securing 'stronger financial footing'

Company looking to increase value of its property portfolio in the mid- to long-term
Regional REIT owns 800 Aztec West in Bristol. (CoStar)
Regional REIT owns 800 Aztec West in Bristol. (CoStar)
CoStar News
November 13, 2024 | 10:20 AM

Bosses at Regional REIT say the company is on a "much stronger financial footing" after completing a £110.5 million equity fund raise in the third quarter, with plans to use around 25% of the remaining net proceeds to reposition its portfolio.

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