Real Estate Investors plc (RLE) 2021年年度报告「LSE」.pdf

1、Real Estate Investors PlcAnnual Report 2021The Regional InvestorANNUAL REPORT 2021Real Estate Investors PlcThe UKs only Midlands-focused Birmingham-based Real Estate Investment Trust(REIT),with a portfolio of 1.5 million sq.ft.of commercial investment property across all sectors.Uniquely positioned

2、in the vibrant economy of the Midlands,home to the 2022 Commonwealth Games,REI Plcs 190 million portfolio is diversified by sector,asset and tenant and is internally managed by an experienced team of property professionals.Active asset management is at the core of the value-add business model and th

3、e Company strives to achieve maximum income and capital growth to support its dividend policy and deliver attractive returns.Front cover image:75-77 COLMORE ROW,BIRMINGHAM,(REI PLC HEAD OFFICE)Image on the left:33 BENNETTS HILL,BIRMINGHAMStrategic Report 01-292021 Overview 01Our investment propositi

4、on 02Our performance 04Simplified debt 06Delivering returns 07Chairmans&Chief Executives statement 08Property report 11Our region 16Our portfolio 18Our business model 20Business model in action 22Responsible business 24Finance Directors report 26Principal risks and uncertainties 28Governance Report

5、30-37Board of directors and management 30Corporate governance report 32Directors Section 172(1)Statement 35Directors remuneration report 36Financial Statements 38-73Independent auditors report to the 38 members of Real Estate Investors Plc Consolidated statement of 46 comprehensive income Consolidat

6、ed statement 47 of changes in equity Company statement of changes in equity 47Consolidated statement 48 of financial position Company statement of financial position 49Consolidated statement of cash flows 50Company statement of cash flows 51Notes to the financial statements 52Our advisers 73Welcome