23rd Mar 2023 08:05
Schroder European Real Estate Investment Trust PLC - London and Johannesburg-listed property investor - Says its net asset value per share decreased by 3.4% to 136.0 euro cents as at December 31, driven primarily by a fall in the valuation of the investment property portfolio. The direct property portfolio was independently valued at EUR211.5 million, reflecting a like-for-like decrease of 3.3%, or EUR7.2 million, for the first quarter to December 31. The company has a 50% interest in a joint venture in Seville, which continues to be recognised at nil interest. Read More
