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IN BRIEF: AEW UK REIT Shares Nudge Higher After Rent Collection Update

9th Sep 2020 15:02

AEW UK REIT PLC - UK commercial property investor - Has received 85% of rent for rental quarter beginning June 24. Extra 2% expected before quarter end, 2% to be received as part of longer term payment plans and 3% under negotiation. AEW UK REIT notes that 9% is outstanding. For quarter which began on March 25, company notes 89% of rent has been collected with 8% pending as part of payment plans. Shares up 2.3% on Wednesday afternoon in London.

Current stock price: 78.10 pence

Year-to-date change: down 21%

By Eric Cunha; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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Aew Uk Reit
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