| REDAB PROPERTIES
PLC's business idea is to create long term increasing value
for Shareholders. |
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12,000,000
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10,000,000
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8,000,000
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6,000,000
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4,000,000
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2,000,000
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1994
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1995
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1996
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1997
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1998
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May-99
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May-00
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May-01
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May-02
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May-03
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May-04
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May-05
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May-06
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May-07
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May-08
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Dec-08
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May-09
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Key to graph |
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= Reserves |
= Bonus issue capital |
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= Deferred tax |
= Paid up capital |
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| In order to expand the business and raise capital, REDAB
looked to its Swedish origins, offering 'handpicked' investors the
opportunity to invest in the company. |
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The Board of Directors intends to
continue this strategy to increase the number of investors in the
company. As of August 2009 we have 287 external investers.
Interested in becoming an investor?
Redab Properties Plc offers investors 6.5%on a subordinated loan.
One unit equals 50 shares plus a subordinated loan of 1450.00. The
next exit day is 31 December 2012.
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Business Development
| The business idea and strategy, which is to purchase, develop,
manage and opportunistically sell properties, has continued
to enhance value for shareholders. |
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77 Farringdon Road
Refurbishment completed, let to Steelcase, Timberland, DSA Engineering.
Sold June 2007
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16-18 New Bridge Street
Was sold 18th October 2006 after planning was achieved for increasing
net lettable area with 40%.
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7-9 Breams Building was developed, let, and sold
in 2000 for a profit.
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4 Snow Hill refurbishment completed. Moore Stephens
took occupation in January 2002, sold April 2006. |
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The development of 146-148
Clerkenwell Road is now complete, sold June 2004. |
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Please see the portfolio pages for a full list of old and current
properties in our portfolio.
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