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Article: Bassi in sight of magic number for Real control.(Business)
- Article from:
- The Birmingham Post (England)
- Article date:
- October 5, 2009
CopyrightCOPYRIGHT 2009 Birmingham Post & Mail Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: JON GRIFFIN
Speculation was growing last night that Birmingham property investor Paul Bassi was edging closer to taking his AIM-listed investment vehicle, Real Estate Investors plc, private.
He has purchased a further one million shares at 4p a share, taking his personal interest in the company to 24.48 per cent of the issued share capital.
But when ...
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Article: Handelsbanken provides a credit facility to UK's REI.
Nordic Business Report;
February 5, 2009 ;
621 words
... ... The loan is secured against REI's King's Heath property, which ... conditions. This finance provides REI with additional cash in order to ... property opportunities that arise," REI chief executive Paul Bassi said. Handelsbanken is one the ...
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