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IN BRIEF: Warehouse REIT completes 22 deals in final quarter

25th Apr 2024 17:28

Warehouse REIT PLC - London-based real estate investment trust - Completes 22 transactions in the three months to March 31, securing GBP1.4 million of contract rent. Says transactions bring its total leasing activity for the financial year ended March 31 to 1.5 million square feet. Total rent attributable to these transactions is EUR10.0 million, taking total annual contracted rent to GBP44.6 million. Adds that like-for-like contracted rental growth for the twelve-month period is around 5%, "significantly ahead of the healthy half year rate of 1.7%."

Current stock price: 79.10 pence, up 0.8%

12-month change: down 26%

By Sabrina Penty, Alliance News reporter

Comments and questions to [email protected]

Copyright 2024 Alliance News Ltd. All Rights Reserved.

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