Talbot Hughes McKillop (THM) is pleased to announce that Real Estate Opportunities plc (REO, together with its subsidiaries the Group) has successfully completed its financial restructuring. This follows meetings of Ordinary Shareholders, the holders of its 7.5% Convertible Unsecured Loan Stock (CULS) and Zero Dividend Preference Shares (ZDPS) held on 5 May 2011 approved the restructuring. A THM team led by Julian Gething has been working with REO in Ireland and the UK since April 2010.
REO is a listed property company which owns a significant portfolio of properties in Ireland and the UK. The Group’s investment and development portfolio includes land, properties and developments in all of the major sectors of the property market.