8th Jun 2023 16:09
Schroder Real Estate Investment Trust Ltd - UK-focused real estate investment trust - Reports a net asset value per share of 61.5 pence as at March 31, compared to 75.8p at the same time a year prior. Total NAV return in the year ended March 31 is negative 15.1%, compared to positive 30.9% the year prior. This compares to the MSCI Benchmark total return of negative 13.5% in the same period. Value of property assets and joint venture assets at March 31 dips to GBP470.4 million from GBP523.5 million year-on-year. Annualised rental income falls to GBP29.3 million from GBP30.1 million. Read More
