Three board members quit after shareholders force a u-turn
Hedge fund Winton Capital Management also boosts holding after new strategy announced
Pristine Capital will raise external money and continue Sinclair’s focus on the regions
Regional REIT intends to sell its industrial and retail warehouse properties as a single portfolio
Neil Sinclair co-founded the REIT in 2010
Neil Sinclair says investors either have “a short memory or conveniently lost it”
Peter Gyllenhammar’s eponymous investment firm is now REIT’s third-largest shareholder
Regional investor has raised £31.5m from the disposal strategy it launched in April last year
Twelve of 15 assets identified for sale have now changed hands
The PHP chair will take over from founder Stanley Davis on New Year’s Day
Firms that ‘kicked the can down the road’ realise they need to act on new space, says REIT CEO
REIT now eyeing next acquisitions as markets recover from pandemic