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IN BRIEF: Inflation boosts Schroder European Real Estate rental growth

13th Oct 2022 14:10

Schroder European Real Estate Investment Trust PLC - London and Johannesburg-listed property investor - Says rising inflation is starting to contribute to rental income growth. Collects 100% of rent from its direct property portfolio due for the second quarter that ended September 30. The direct property portfolio is independently valued at EUR218.7 million at that point, a like-for-like increase over the quarter of 0.1%.

Current London stock price: 81.40 pence, up 0.7% on Thursday afternoon

12-month change: down 23%

Current Johannesburg stock price: ZAR16.78

12-month change: down 30%

By Artwell Dlamini; [email protected]

Copyright 2022 Alliance News Limited. All Rights Reserved.


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