5th May 2022 16:01
Alternative Income REIT PLC - London-based real estate investment company - Net asset value per share at March 31 is 93.30 pence, up 3.2% from 90.38p at December 31, as portfolio valuation and income earned increased over the quarter. Declares dividend of 1.30p for the March quarter, unchanged from the last.
"Our quarterly update today underlines, once again, that Alternative Income REIT has an attractive, well managed and resilient portfolio that is continuing to increase in value with growing contracted rents, 93% of which are linked to inflation," says Non-Executive Chair Alan Sippetts.
Current stock price: 80.00, up 3.4% on Thursday
12-month change: up 13%
By Elizabeth Winter; [email protected]
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