Secure Income REIT PLC

Description

Secure Income REIT PLC is a UK based Real Estate Investment Trust (REIT). It was founded in 2007 and is headquartered in London. It is publicly listed on the on the London Stock Exchange. It is also listed in the FTSE AIM UK 50, FTSE AIM 100, FTSE AIM All-Share indices. It is a part of the Real Estate Trusts sector. The company invests in real estate assets and owns a portfolio of more than 160 assets. The properties in which the company invests include healthcare facilities, Travelodge, and leisure assets. Over 19 freehold private hospitals across England are included in the healthcare assets, let to a subsidiary of Ramsay Healthcare Limited. Alton Towers theme park, Rivers hospital, Thorpe Park theme park, Heide Park theme park, Springfield hospital, Yorkshire clinic, Duchy hospital, Fitzwilliam hospital, Nightingale hospital, Pinehill hospital, Warwick Castle, Woodlands hospital and West Midlands hospital are included in the portfolio of its properties.

The main goal of the company is to create a diversified income portfolio that provides long term inflation protected sustainable growth and maximizes the returns while reducing the risks associated with investments. The long term investments usually have a weighted average term to maturity in excess of 15 years, while the income security is evaluated by considering the financial strength of the tenants or even by the asset cover provided by way of residual asset value.

Secure Income REIT PLC is one of the few significant and established UK REITs specializing in long leases across a range of property sectors. The company has a highly skilled and experienced board that aims to generate attractive and sustainable returns on investments by creating a balanced portfolio of secure incomes from long term real estate investments across a variety of property sectors, tenant credits and assets. This helps is risk reduction through diversification of the portfolio. The group is externally managed with no employees.   Its Investment Adviser is a UK partnership which provides services to the Group through its partners and the staff of an associated business with a total of some 16 employees. It complies with the Modern Slavery Act, 2015 which is applicable to all the suppliers of the company, including Investment Adviser and professional services firms.