IN BRIEF: Schroder European Real Estate portfolio value slips slightly
Schroder European Real Estate Investment Trust PLC - London and Johannesburg-listed property investor - Says direct investment property portfolio is independently valued at EUR194.0 million at at March 31, reflecting a marginal like-for-like decrease of 0.3%. Says robust industrial portfolio valuations continue to offset declines in other sectors, primarily driven by shortening lease terms. Notes that the EUR11.8 million sale of its grocery asset in Frankfurt will complete this month. Read More