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IN BRIEF: Schroder Real Estate Secures Increased Rental Income

15th Jun 2020 14:49

Schroder Real Estate Investment Trust Ltd - London-based real estate company - Eight lettings, renewals and reviews completed across industrial property portfolio with a total rent of GBP840,000 per annum since year-end on March 31. Activity generated additional contracted rental income of GBP270,000 per annum compared with the position at end of financial 2020. Strong balance with a net loan to value ratio of 23.7% as at March 31 and cash of GBP86 million.

Current stock price: 34.05 pence

Year-to-date change: down 40%

By Tapan Panchal; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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