Real Estate Investors appoints Ian Stringer to its Board as Independent Director

– UK, Birmingham –  Real Estate Investors Plc (LON: RLE), the UK’s only Midlands-focused Real Estate Investment Trust with a portfolio of 1.59 million sq ft of investment property across all sectors, today announced the appointment of Ian Stringer to its board as an independent non-executive director with effect from 28 May 2021.

“I am delighted that Ian has agreed to join the Company as a non-executive director. The Board is very much looking forward to working with Ian, who is one of the most respected figures in the Midlands property market and will benefit from his lengthy experience in the property sector and in particular the Midlands region.” said CEO, Paul Bassi. 

About Ian Stringer

Ian is a chartered surveyor who has nearly 40 years of experience in the property sector and is highly respected across the Midlands property market, with a first-class reputation for consultancy and agency skills.

Ian’s career started in 1983 at Grimley and Son and he has stayed with the business in its various incarnations throughout his entire career, during which, he acted as Regional Managing Director for the Midlands office for over a decade whilst also heading up the UK Offices Team and UK Markets Division. During a total of 22 years on the company’s board, Ian was elected by the partners as Non-Executive Chairman and served in this capacity from 2005-2008 until GVA was incorporated. Ian currently serves as Principal of Avison Young, following its acquisition of Bilfinger GVA in 2018, and spends much of his time in a client advisory capacity as Asset and Property Manager to The Schools of King Edward VI in Birmingham, a 400-year-old foundation.

About Real Estate Investors Plc

Real Estate Investors Plc is a publicly quoted, internally managed property investment company and REIT with a portfolio of 1.59 million sq ft of mixed-use commercial property, managed by a highly-experienced property team with over 100 years of combined experience of operating in the Midlands property market across all sectors. The Company’s strategy is to invest in well-located, real estate assets in the established and proven markets across the Midlands, with income and capital growth potential, realizable through active portfolio management, refurbishment, change of use, and lettings. The portfolio has no material reliance on a single asset or occupier. On 1st January 2015, the Company converted to a REIT. Real Estate Investment Trusts are listed property investment companies or groups not liable to corporation tax on their rental income or capital gains from their qualifying activities. The Company aims to deliver capital growth and income enhancement from its assets, supporting its progressive dividend policy.

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