|Short Name:||RDI||JSE Code:||RPL|
|Sector:||Real Estate Holdings & Development||Reg No:||010534V|
|Nature of business:|
RDI is a FTSE 250 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 26% indexed and has a WAULT of 6.8 years to first break (8.2 years to expiry). This is complemented by an average debt maturity of 7.0 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. All figures as at 28 February 2018. The Company owns properties independently valued at GBP1.65 billion in the United Kingdom and Germany, Europe's two largest and most transparent property markets. RDI invests in assets with strong property fundamentals spread across UK retail, UK offices, UK logistics, UK hotels and German retail. RDI holds a primary listing on the London Stock Exchange and a secondary listing on the Johannesburg Stock Exchange and is included within the FTSE 250, EPRA and GPR indices.
|Chairman:||Gavin R Tipper|
|Company Secretary:||Lisa Hibberd|
|Postal Address:||Merchants House, 24 North Quay, Douglas, Isle of Man, IM1 4LE|
|Amounts in GBP '000||FEB 2018|
|Turnover ||55 200||102 100|
|Income Attributable To Equity Holders ||55 200||66 100|
|Earnings Per Share (ZARc) per share (cents)||52.59||63.05|
|Headline Earnings Per Share (Cont Ops) (ZARc) per share (cents)||26.30||44.30|
|Distributions Per Share (ZARc) per share (cents)||22.47||45.61|
|Ordinary Unitholders Interest ||794 600||740 400|
| || |
|Total Capital Employed ||1 683 100||1 599 300|
| || |
|Investments ||6 600||14 700|
|Other Current Assets ||26 900||27 300|
|Net Current Assets ||55 900||70 300|
|Net Asset Value Per Share (ZARc) (cents)||677.40||680.81|
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