Liberum acted as Sole Broker and Bookrunner for West Midlands-based property group Real Estate Investors plc (AIM:RLE), in a placing of 40,000,000 new Ordinary Shares at a price of 50 pence per Ordinary Share, raising gross proceeds of £20 million from institutional and other investors.
The proceeds will be used to provide additional resources to capitalise on acquisition opportunities in the West Midlands property market.
Company website >>
Real Estate Research Analyst: Jon Stewart
Sales: Julian Collett
Corporate access: Regan Connor