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Pin to quick picksSchroder Real Share News (SREI)

Share Price Information for Schroder Real (SREI)

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Share Price: 44.00
Bid: 43.70
Ask: 44.00
Change: -0.30 (-0.68%)
Spread: 0.30 (0.686%)
Open: 43.50
High: 44.00
Low: 43.20
Prev. Close: 44.30
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Schroder Real Estate is an Investment Trust

To provide the shareholders with an attractive level of income, together with the potential for income and capital growth, from investing in a diversified portfolio of UK commercial real estate.

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IN BRIEF: Schroder Real Estate Buys Manchester Asset For GBP17 Million

Mon, 21st Dec 2020 21:20

Schroder Real Estate Investment Trust Ltd - London-based real estate investment trust - Acquires Stanley Green Trading Estate, Manchester and an adjoining development site for GBP17.3 million, reflecting a blended net initial yield of 5.2%. "The freehold Estate and Site are located in a prime South Manchester location at the junction of the A34 and the A555, which is the recently completed upgrade Manchester Airport Eastern Link Road (Ringway Road). This provides a direct link to Manchester city centre, Manchester Airport and the M60 orbital motorway," Schroder said.

Current stock price: 37.35 pence

Year-to-date change: down 32%

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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