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IN BRIEF: Schroder European net asset value dips over first quarter

3rd Mar 2021 11:37

Schroder European Real Estate Investment Trust PLC - real estate investor - As at December 31, net asset value stands at 150.7 euro cents per share, down 0.1% from 150.9 cents at the end of September.

Portfolio value rises 2.8% over the first quarter to EUR276.1 million from EUR268.6 million, due to an increase in value of the investment in the Hamburg office, as well as estimated rental value growth across the industrial assets portfolio.

Portfolio generates a net property rental income of EUR3.4 million.

Current stock price: 89.95 pence in London, ZAR18.11 in Johannesburg

Year-to-date change: down 11% in London, down 10% in Johannesburg

By Dayo Laniyan; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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