IN BRIEF: Schroder European Real Estate property portfolio value down
Schroder European Real Estate Investment Trust PLC - London and Johannesburg-listed property investor - Says direct property portfolio is independently valued at EUR208.1 million as at September 30, reflecting a marginal decrease compared to the quarter to June 30. Says this is the second consecutive quarter of stabilising values and recent European Central Bank interest rate cuts are expected to have a further positive impact on investor and occupier confidence, liquidity and values. Read More