News

03 February 2017

DRIP REIT - Annual Report & Financial Statements

Chairman’s Statement

Introduction

Drum Income Plus REIT plc was established to provide investors with a regular dividend income, plus the prospect of income and capital growth over the longer term, by investing in regional real estate assets. These Financial Statements cover the 18 month…

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02 February 2017

DRIP REIT - Dividend Declaration

2 February 2017

Drum Income Plus REIT plc
("Drum" or the "Company")

Dividend Declaration

The Company announces an interim dividend of 1.375p per share in respect of the quarter ended 31 December 2016.  This represents an increase 4.8% on the dividend paid in respect of the same period last…

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27 January 2017

DRIP REIT - RNS Results to 30 September 2016

Drum Income Plus REIT plc

LEI: 213800FG3PJGQ3KQH756

Report & Financial Statements for the period to 30 September 2016

Chairman’s Statement

INTRODUCTION
Drum Income Plus REIT plc was established to provide investors with a regular dividend income, plus the prospect of income and capital…

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19 January 2017

DRIP REIT - Net Asset Value Announced

19 January 2017

Drum Income Plus REIT plc
("Drum" or the "Company")

Unaudited Net Asset Value as at 31 December 2016

Drum Income Plus REIT plc (LSE: DRIP) announces its unaudited net asset value ("NAV") as at 31 December 2016.

Highlights

Period from 1 October 2016 to 31 December 2016

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17 November 2016

DRIP REIT - Dividend Declaration

Drum Income Plus REIT plc
("Drum" or the "Company")

Dividend Declaration

The Company announces an interim dividend of 1.3125p per share in respect of the quarter ended 30 September 2016, all of which will be designated as an interim property income distribution.  This dividend will be paid…

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24 October 2016

DRIP REIT - Net Asset Value Announced

19 October 2016

Drum Income Plus REIT plc
("Drum" or the "Company")

Unaudited Net Asset Value as at 30 September 2016

Drum Income Plus REIT plc (LSE: DRIP) announces its unaudited net asset value ("NAV") as at 30 September 2016.

Highlights

Period from 1 July 2016 to 30 September 2016

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19 August 2016

DRIP REIT - Results Announcement: Issue of Equity

DRUM INCOME PLUS REIT PLC

ISSUE OF EQUITY

Further to the announcement on 9 August 2016, the Board announces that Drum Income Plus REIT plc (the "Company") has issued 1,560,000 ordinary shares at a price of 100 pence per share, conditional only on admission to listing on the UKLA's Official…

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03 August 2016

DRIP REIT - Net Asset Value Announced

Drum Income Plus REIT plc
("Drum" or the "Company")

Unaudited Net Asset Value as at 30 June 2016

Drum Income Plus REIT plc (LSE: DRIP) announces its unaudited net asset value ("NAV") as at 30 June 2016. 

Highlights

Period from 1 April 2016 to 30 June 2016

·            Fair value…

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19 July 2016

DRIP REIT Announces Prime Office Acquisition

DRIP REIT portfolio growth continues with eight major UK investment properties totalling £45.7 million

Drum Income Plus Real Estate Investment Trust (DRIP REIT) has completed another significant acquisition with the purchase of 3 Lochside Way at Edinburgh Park for £4.5 million.

3 Lochside…

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06 July 2016

DRIP REIT - Dividend Declaration

The Company announces an interim dividend of 1.3125p per share for the period from 1 April 2016 to 30 June 2016, all of which will be designated as an interim property income distribution.  This dividend will be paid on 26 August 2016 to shareholders on the register at the close of business on…

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23 June 2016

Publication of Supplementary Prospectus

Drum Income Plus REIT plc (the "Company") has today published a supplementary prospectus approved by the UK Listing Authority. The publication of the supplementary prospectus follows the publication of the Company's report and financial statements for the six months ended 31 March 2016.

The…

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03 June 2016

DRIP REIT - Interim Results

Chairman’s Statement

 

Introduction

I am pleased to present this second interim report of Drum Income Plus REIT plc (the “Company”) which covers the six months to 31 March 2016.

                                                
Financial Highlights

The Company's net asset value ("NAV") as…

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27 April 2016

DRIP REIT - Dividend Declaration

The Company announces an interim dividend of 1.3125p per share for the period from 1 January 2016 to 31 March 2016, all of which will be designated as an interim property income distribution.  This dividend will be paid on 27 May 2016 to shareholders on the register at the close of business on…

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21 April 2016

DRIP REIT - Company Update

Highlights

Period from 1 January 2016 to 31 March 2016

·            Three properties acquired for total of £15m (excluding costs).

·            Fair value independent valuation of property portfolio as at 31 March 2016 of £40.6m.

·            NAV per share at 31 March 2016 of 92.6p.

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23 March 2016

DRIP REIT - Results of Initial Placing

DRUM INCOME PLUS REIT PLC

Results of Initial Placing

 

The Board of Drum Income Plus REIT plc (the "Company") is pleased to announce that the Company has raised gross proceeds of approximately £2.7 million pursuant to its Initial Placing of Ordinary Shares at a price of 100p per Share.  The…

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21 March 2016

DRIP REIT - Results of General Meeting

RESULTS OF GENERAL MEETING

Drum Income Plus REIT plc (the "Company") is pleased to announce that at a general meeting of the Company held earlier today the resolution to approve the proposed related party transaction in connection with TCAM and/or its associates subscribing for up to £10…

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26 February 2016

DRIP REIT - Prospectus Publication

DRUM INCOME PLUS REIT PLC

Publication of a circular and a prospectus in relation to an Initial Placing, a subsequent 12 month Placing Programme and a related party transction

 

 

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, TO US PERSONS OR IN…

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26 February 2016

DRIP REIT Announces Two Further Acquisitions in Manchester and Gloucester

DRIP REIT growth continues taking portfolio to seven regional UK investment properties totalling £40.362 million

Drum Income Plus Real Estate Investment Trust (DRIP REIT) has acquired two further properties in Manchester and Gloucester for a combined total of £9.71 million. DRIP REIT has…

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25 January 2016

DRIP REIT Company Update and Dividend Declaration

Drum Income Plus REIT plc (Drum or the Company

Highlights

Period from Launch (29 May 2015) to 31 December 2015

  • Four properties acquired for total of £25.1 million (excluding costs).
  • Conditional agreement entered into to acquire Lakeside 5500, Manchester, for £5.2 million (excluding…

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29 November 2015

Unaudited results for the six months ended 30 September 2015

Unaudited results for the six months ended 30 September 2015

Chairman’s Statement

I am delighted to present the Interim report of Drum Income Plus REIT plc (the “Company”) for the six months to 30 September 2015.

The Company listed on the London Stock Exchange on 29 May 2015, and raised…

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