Regional REIT falls after low dividend target, occupancy drop

Regional REIT

19/02/2026 08:44

** Shares of UK-based Regional REIT RGLR.L down 4.7% at 101.8 pence

** Reports 2025 EPRA (European Public Real Estate Association) occupancy at 75.9% vs 77.5% in 2024

** Co's like-for-like value of the portfolio decreased by 5% in 2025

** Targets dividend of 8 pence per share in 2026, which is around 20% below market expectations, Peel Hunt analysts said in a note after cutting PT to 105 pence from 130 pence, downgrading stock to "hold" from "buy"

** Board is "naturally disappointed" that market conditions have delayed a recovery in values and in leasing, suppressing earnings- Chair David Hunter says

** "We continue to see significant upside for Regional REIT once occupancy stabilises and starts to recover" - Peel Hunt

** RGLR down ~5% YTD

 (Reporting by Nithyashree R B in Bengaluru)

 ((NithyashreeRB@thomsonreuters.com))