Schroder European Real Estate Investment Trust PLC - London and Johannesburg-listed property investor - Says rising inflation is starting to contribute to rental income growth. Collects 100% of rent from its direct property portfolio due for the second quarter that ended September 30. The direct property portfolio is independently valued at EUR218.7 million at that point, a like-for-like increase over the quarter of 0.1%.
Current London stock price: 81.40 pence, up 0.7% on Thursday afternoon
12-month change: down 23%
Current Johannesburg stock price: ZAR16.78
12-month change: down 30%
By Artwell Dlamini; artwelldlamini@alliancenews.com
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Schroder Eur.r (SERE)