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Pin to quick picksSchroder Eur.r Share News (SERE)

Share Price Information for Schroder Eur.r (SERE)

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Share Price: 63.00
Bid: 63.00
Ask: 64.00
Change: 0.00 (0.00%)
Spread: 1.00 (1.587%)
Open: 63.00
High: 63.00
Low: 63.00
Prev. Close: 63.00
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Schroder European Real Estate is an Investment Trust

To provide Shareholders with a regular and attractive level of income return together with the potential for long term income and capital growth through investing in commercial real estate in Continental Europe.

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IN BRIEF: Inflation boosts Schroder European Real Estate rental growth

Thu, 14th Jul 2022 13:31

Schroder European Real Estate Investment Trust PLC - Says rising inflation is starting to contribute to rental growth. About 100% of rent due for the quarter ended June 30 has been collected from its direct property portfolio. Schroder European Real Estate says the direct property portfolio was independently valued at EUR218.4 million on June 30, reflecting a marginal like-for-like decrease over the quarter of 0.4%. The valuation excludes a recently acquired car showroom in Cannes, France, which is valued at EUR8.3 million.

Johannesburg current stock price: ZAR20.00, down 1.2% on Thursday

12-month change: down 3.0%

London current stock price: 99.00 pence, down 2.5%

12-month change: down 4.8%

By Artwell Dlamini; artwelldlamini@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

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