22nd Oct 2020 21:23
BMO Real Estate Investments Ltd - UK-focused real estate investor - As at September 30, net asset value per share was 94.8 pence, down 1.9% from 96.6p at the end of June. At the end of September, property portfolio was GBP308.6 million.
"The property market had started to show some tentative signs of improvement as government restrictions eased. Investment activity saw a partial recovery, helped by overseas buying, with rent collection rates generally improving. Any improvement was however from a very low base with underlying performance polarised. A widespread or lengthy return to restrictions could compound existing structural challenges for parts of the economy," the company stated.
Current stock price: 57.20 pence
Year-to-date change: down 31%
By Dayo Laniyan; [email protected]
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