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SREI Schroder Real Estate Investment Trust Limited

43.80
0.20 (0.46%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Schroder Real Estate Investment Trust Limited LSE:SREI London Ordinary Share GB00B01HM147 ORD SHS NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.20 0.46% 43.80 43.50 44.30 44.00 43.50 43.50 421,282 16:35:08
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Real Estate Agents & Mgrs 25.23M -54.72M -0.1114 -3.95 216.08M

Schroder Real Estate Investment Trust Ltd - Rent Collection Update

23/04/2021 7:00am

PR Newswire (US)


Schroder Real Estate Inv... (LSE:SREI)
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For release 23 April 2021

Schroder Real Estate Investment Trust Limited
("SREIT"/ the "Company" / "Group")

RENT COLLECTION UPDATE

Schroder Real Estate Investment Trust, the actively managed UK-focused REIT, provides an update on rent collection across its portfolio.

The Company has collected 88% of rents due on the 25 March 2021 for the quarter ending June 2021, after allowing for agreed rent deferrals.  This is ahead of the equivalent date in the previous quarter.  The breakdown of collection rates between sectors is 98% for industrial, 96% for office, 83% relating to ancillary uses and 51% relating for retail and leisure.  The Company remains in active dialogue with tenants for all rents due to be paid and expects to recover a significant portion of the outstanding amount.

The Company will provide a further update on rent collection when it announces its Full Year results for the 12 months ended 31 March 2021 on Wednesday 2 June 2021.

-ENDS-

For further information:

Schroder Real Estate Investment Management Limited:
Nick Montgomery / Frank Sanderson
020 7658 6000
Northern Trust:
Jingjing Qi
01481 745529
FTI Consulting:
Dido Laurimore / Richard Gotla / Meth Tanyanyiwa
020 3727 1000

Copyright l 22 PR Newswire

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