By David Parsley2019-09-16T07:15:00
Midlands-focused property group Real Estate Investors (REI) has posted a slight dip in net asset value (NAV) and a sharp decline in profit in its half-year results.
NAV per share dipped 0.7% during the six months to the end of June to 68.8p, while pre-tax profit plunged 67.9% to £1.7m. However, underlying pre-tax profit, the group’s preferred measure, leapt 17.9% to £4m.
You must be logged in to continue
Register for free to finish this article.
Sign up now for the following benefits:
To access this article REGISTER NOW
Would you like print copies, app and digital replica access too? SUBSCRIBE for as little as £6 per week.