First half profit drop reflects decline in asset valuations
Regional REIT ( RGL ) 101.8p Loss to date: 5.4% Original entry price: Buy at 107.6p, 4 Jul 2019 The negative sentiment towards UK assets means our positive call on commercial property investor Regional REIT ( RGL ) is struggling for momentum at present. First half results (10 Sep) contained few surprises with a drop in profit and rental income due to a year-on-year decline in the value of...