REGIONAL REIT Limited

(“Regional REIT” the “Group” or the “Company”)

Lightyear, Glasgow Airport – Positive Letting Update

Regional REIT Limited (LSE: RGL), the regional office specialist, is pleased to announce that Lightyear, a Grade A office near Glasgow Airport, is now over 90% let with a contracted rental income of £1.3million per annum and in-line with its estimated rental value. This follows the recent lettings of over 30,000 sq. ft. of vacant Grade A office space.

The Company is delighted to welcome Heathrow Airport Ltd. and Rolls-Royce to Lightyear, joining existing tenants Loganair, Taylor Wimpey UK Ltd. and Cefetra Ltd., together with our Business Hub occupiers.

Heathrow Airport Ltd. has leased 15,121 sq. ft. for 15 years and Rolls-Royce has leased 15,116 sq. ft. for 10 years. Loganair occupy 14,330 sq. ft. to 2033, having recently renewed their lease, while Taylor Wimpey UK Ltd. occupy 10,696 sq. ft. to 2029 and Cefetra Ltd. has leased 11,199 sq. ft. until 2029.

Lightyear is a flagship building in the Glasgow Airport office park offering some of the best office accommodation outside of Glasgow City Centre. In total, Lightyear comprises 73,499 sq. ft. of high specification office space located just a five-minute walk from Glasgow Airport and a 20-minute drive to Glasgow City Centre.

It is the 13th largest asset in the Company’s portfolio, accounting for 1.8%1 of the total portfolio value at £12.3 million1.

Stephen Inglis, CEO of London & Scottish Property Investment Management, Asset Manager commented:

“We are pleased to announce that Lightyear, a best-in-class asset, is now let to five blue chip tenants who operate across a range of sectors. The Grade A office space is in a prime location in a key regional hub. The Asset Manager improved the attractiveness of the asset dramatically through several asset management initiatives, a key focus for the Company across the portfolio.

“Also, in Glasgow, we are seeing an increase in enquiries for 300 Bath Street which has undergone a comprehensive reconfiguration works to reposition the asset. We look forward to providing portfolio updates in due course”.