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RDI REIT PLC - Notice of results for the six months ended 28 February 2019

Release Date: 01/03/2019 09:00
Code(s): RPL     PDF:  
Wrap Text
Notice of results for the six months ended 28 February 2019

RDI REIT P.L.C.
("RDI" or the "Company")
(Incorporated in the Isle of Man)
(Registered number 010534V)
LSE share code: RDI
JSE share code: RPL
LEI: 2138006NHZUMMRYQ1745
ISIN: IM00BH3JLY32


NOTICE OF RESULTS FOR THE SIX MONTHS ENDED 28 FEBRUARY 2019


RDI, the income focused UK-REIT, will announce its results for the six months ended 28 February 2019 on Thursday,
25 April 2019.

There will be a presentation and a live webcast for analysts at 9.00am (UK time), 10.00am (SA time) on Thursday,
25 April 2019, which can be accessed via the homepage of the Company’s website: www.rdireit.com.

Conference call dial in numbers

United Kingdom: 0800 640 6441
United Kingdom (Local): 020 3936 2999

South Africa (Local): 087 550 8441
South Africa Toll Free: 080 017 2952

All other locations: +44 20 3936 2999

Participant Access Code: 851879

For further information:

RDI REIT P.L.C.
Mike Watters, Stephen Oakenfull, Donald Grant                         Tel: +44 (0) 20 7811 0100


FTI Consulting
UK Public Relations Adviser                                           Tel: +44 (0) 20 3727 1000
Dido Laurimore, Claire Turvey, Ellie Sweeney

Instinctif Partners
SA Public Relations Adviser                                           Tel: +27 (0) 11 447 3030
Frederic Cornet

JSE Sponsor
Java Capital                                                          Tel: +27 (0) 11 722 3050


Note to editors:

About RDI

RDI is a UK Real Estate Investment Trust (UK-REIT) committed to becoming the UK's leading income focused REIT.
The Company's income-led business model and strategic priorities are designed to offer shareholders superior,
sustainable and growing income returns, with a target growth in underlying earnings per share of 3%-5% across the
medium term.

Income sustainability is underpinned by a diversified portfolio and tenant base, with no overreliance on any one sector
or tenant, together with an efficient capital structure. The secure and growing income stream is 27.0% indexed and has
a WAULT of 7.0 years to first break (8.4 years to expiry). This is complemented by an average debt maturity of 6.7
years of which over 95% of interest costs are either fixed or capped. The Company is focused on all aspects impacting
shareholder distributions and reports one of the lowest cost ratios in the industry whilst maintaining a low cost of debt.
The Company owns properties independently valued at £1.6bn in the United Kingdom and Germany, Europe's two
largest, liquid and transparent property markets. RDI invests in assets with strong property fundamentals spread across
UK offices (including London serviced offices), UK logistics, UK shopping centres, UK retail parks, UK hotels and
German retail. RDI is well placed to take advantage of the increasing occupier requirement for real estate owners to
become high quality service providers, given its scalable operational platforms and nearly a third of the portfolio invested
in hotels and London serviced offices.

RDI holds a primary listing on the London Stock Exchange and a secondary listing on the JSE and is included within
the EPRA, GPR, JSE All Property and JSE Tradeable Property indices.

For more information on RDI, please refer to the Company's website www.rdireit.com

All figures as at 31 August 2018.

1 March 2019

Date: 01/03/2019 09:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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