8th Oct 2021 09:00
(Alliance News) - Secure Income REIT PLC on Friday reported that 100% of the rent that fell due between July 8 and October 7 has been collected.
Secure Income is a London-based real estate investment trust focused on long-term, inflation-protected income.
The 100% collection rate represents GBP44.2 million of rent, including GBP17.6 million due from Merlin Entertainments Ltd which was deferred from June and September 2020. Merlin operates theme parks such as Legoland, as well as attractions such as Madame Tussauds.
In July, Secure Income said it had collected 98.7% of rent due between April 8 and July 7, which totalled GBP25.4 million collected out of GBP25.7 million due.
To date, only 0.04% of annualised gross rent roll is outstanding, down from 0.3% in July, Secure Income noted on Friday.
Shares were up 0.5% at 408.50 pence in London on Friday morning.
By Josie O'Brien; [email protected]
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