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IN BRIEF: Schroder Real Estate Boosts Rental Income By GBP1.3 Million

9th Nov 2020 21:15

Schroder Real Estate Investment Trust Ltd - real estate investor - Completes 16 new lettings, renewal and reviews since last update in mid-September, increasing annual rental income by GBP1.3 million. Says rent collected in September for quarter ending December 31 totalled 84%. "The breakdown between sectors is 93% of office rent collected, 97% of industrial rent collected, 56% of retail and leisure rent collected, and 96% of other rent collected. The company remains in active dialogue with its tenants for all rents due to be paid," Schroder Real Estate said.

Current stock price: 34.60 pence

Year-to-date change: down 37%

By Eric Cunha; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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