Real Estate Investors plc (RLE) 2016年年度报告「LSE」.pdf

1、Annual Report and Accounts 2016THE MIDLAND INVESTORReaI Estate Investors Plc Annual Report and Accounts 2016Real Estate Investors PLCAnnual Report and Accounts 2016FRONT COVER:Boundary House,Wythall.ormed in 2004,REI Plc is a publicly-quoted property investment Company with a portfolio of over 200 m

2、illion in shops and offices,diversified by property type and occupier with a geographical focus on Birmingham and the wider Midlands.FPAUL BASSI CHIEF EXECUTIVESTRATEGIC REPORTFinancial Highlights 1At a Glance 2Chairmans and Chief Executives Report 4Our Region 6Our Portfolio 8Property Report 14Finan

3、ce Directors Report 20Directors Report 22Group Strategic Report 23GOVERNANCECorporate Governance Report 24Directors Remuneration Report 26Board of Directors&Management 28The Team 29FINANCIAL STATEMENTSIndependent Auditors Report to The Members of Real Estate Investors Plc 30Consolidated Statement of

4、 Comprehensive Income 31Consolidated Statement of Changes in Equity 32Company Statement of Changes in Equity 32Consolidated Statement of Financial Position 33Company Statement of Financial Position 34Consolidated Statement of Cash Flows 35Company Statement of Cash Flows 36Notes to the Financial Stat

5、ements 37Our Advisers 57 WE REMAIN COMMITTED TO DELIVERING A PROGRESSIVE DIVIDEND PAYMENT TO OUR SHAREHOLDERS.1Real Estate Investors PlcAnnual Report and Accounts 2016Financial Highlights2.8p+250%(2015:0.8P)EPRA EPS*EPRA NAV PER SHARE*66.2p+2.7%(2015:64.5P)GROSS PROPERTY ASSETS201.9m+28.2%(2015:157.

6、5 MILLION)REVENUE13.5m+60.7%(2015:8.4 MILLION)Like for like portfolio valuation of 158.3 million(2015:152.3 million),up 3.9%Acquisitions of criteria-compliant properties totalling 38.6 million,at a net initial yield of 8.98%and reversionary yield of 9.97%Non-core property disposal proceeds totalling