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IN BRIEF: BMO Real Estate Investments net asset value rises

27th Apr 2021 14:39

BMO Real Estate Investments Ltd - commercial real estate investor - Net asset value per share rises 1.0% in first quarter of 2021, to 99.1 pence from 98.1p. Net asset value total return 1.9%. Performance driven by industrial properties, while yields from shopping centre and high street stores continued to fall. Company has collected 95% of rent due over last 12 months.

Current stock price: 77.60 pence

Year-to-date change: up 27%

By Ivan Edwards; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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