Schroder European REIT

FY Results – The Net Asset Value rose 7.3% to €13.9 million, driven primarily by valuation uplifts in the industrial and DIY portfolio, together with the German office portfolio. Maintained a prudent gearing approach with a loan to value (LTV) of 29%. Approximately 33% of the Company’s debt expires in 2023. They continued with a pre-Covid quarterly dividend of 1.85 cps, or 7.40 cps for the financial year.

 

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