Real Estate Investors plc (REI), the AIM-listed Birmingham commercial property specialist, has confirmed it is exploring a sale of its entire portfolio after successfully paring back net debt to £29 million. The disclosure marks a significant strategic pivot for a company that has spent the past two years deleveraging aggressively, disposing of non-core assets and using the proceeds to shore up its balance sheet rather than pursue fresh acquisitions. A full portfolio sale, rather than a piecemeal disposal programme, would represent one of the more notable corporate events in the Midlands commercial property sector this year, and its outcome will be watched closely by investors trying to gauge appetite for regional office and retail assets in a market still recalibrating after the higher interest rate cycle.