Finance

REI produces mixed annual figures

By 2022-03-22T08:39:00

Paul bassi rei new

Real Estate Investors (REI) suffered a dip in revenue in what the group said was a “respectable year” during the disruption from Covid-19 lockdowns and restrictions.

Revenue at the group for the year to the end of December came in at £16m, £400,000 down on the previous year, but the group turned a £20.2m pre-tax loss in 2020 to a £13.9m profit in 2021.

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