UK dividends calendar - next 7 days
26th Sep 2024 15:50
Schroder European Real Estate Investment Trust PLC - London and Johannesburg-listed property investor - Says unaudited net asset value per share falls to 122.6 euro cents for the third quarter that ended June 30 from 123.6 cents at March 31. This decline in NAV is driven by capital expenditure and deferred taxes, which were offset by a small property valuation increase. Underlying adjusted quarterly earnings from operational activities was up 4.8% in the third quarter to EUR2.0 million from EUR2.1 million in the same quarter last year. Read More
Schroder European Real Estate Investment Trust PLC - London and Johannesburg-listed property investor - Says its direct property portfolio is independently valued at EUR208.3 million as at June 30, reflecting a marginal increase of 0.1%. As at March 31, property portfolio value was down 1.0%. Says this signals a stabilisation in values, particularly for the industrial and retail sectors, which offset the continued outward yield movement for offices. Notes that the portfolio's income profile remains robust for the third quarter to June 30, benefitting from rental growth, indexation and high occupancy. Read More
(Alliance News) - Schroder European Real Estate Investment Trust PLC on Wednesday improved its interim dividend as its loss shrank on the back of growth in rental income. Read More
Schroder European Real Estate Investment Trust PLC - London and Johannesburg-listed property investor - Direct property portfolio is independently valued at EUR208.1 million as of the end of its financial second quarter on March 31, representing a marginal like-for-like decrease of 1.0% from EUR210.2 million at the end of the first quarter. This slight drop is driven by continued outward yield movement - meaning lower property prices compared to rents - particularly for offices and select retail. Notes that rental income has remained stable in the second quarter, with a continuing high level of rent collection, and the portfolio is benefiting from indexation and high occupancy of 96% Read More
Schroder European Real Estate Investment Trust PLC - London and Johannesburg-listed property investor - Completes the refinancing of a EUR8.6 million loan with the existing lender Saar LB, secured against its Rennes logistics investment. Says the new five-year facility is based on a margin of 1.6%, a slight increase from the existing 1.4% margin and is due to expire on March 26, 2029. With this new facility, the company's third-party debt totals EUR82.5 million across seven loan facilities. Raphael Berdot, lead investment manager for France at Schroder Real Estate Investment Management Ltd, says: "The lending appetite for well located, institutional quality logistics remains strong. With competitive margins and swap rates falling, the overall debt cost remains accretive when compared to the current asset valuation yield of [around] 6%." Read More
Schroder European Real Estate Investment Trust PLC - London and Johannesburg-listed property investor - Says net asset value per share fell to 124.8 euro cents as at December 31 from 128.2c at September 30, 2023, driven primarily by an unrealised reduction in the valuation of the investment property portfolio. Says the direct property portfolio was independently valued at EUR210.2 million as at December 31, reflecting a like-for-like decrease over the second quarter of 1.8%. Says it continues to review select sustainability-led capex initiatives in the portfolio, which should optimise earnings growth and asset liquidity Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Friday. Read More
Schroder European Real Estate Investment Trust PLC - London and Johannesburg-listed property investor - Says the direct property portfolio is independently valued at EUR210.2 million in the first quarter that ended December 31, down 1.8% on a like-for-like basis. Says this is due to continued outward yield movement, particularly for offices and select industrial properties. The portfolio office witnessed a valuation decline of 2.5%, while the portfolio industrial saw a valuation decline of 1.2%. Read More
Schroder European Real Estate Investment Trust PLC - London and Johannesburg-listed property investor - Completes the early refinancing of its St Cloud, Paris office loan, extending the term by three years to December 15, 2027 from December 15, 2024. Decides to reduce the loan principal to EUR14.0 million from EUR17.0 million. Read More
(Alliance News) - Schroder European Real Estate Investment Trust PLC reported on Wednesday it swung to an annual loss due in part to negative fair value adjustment. Read More