Schroder REIT collected 88% of rent for Q2, as its portfolio value inched up to £451.1m.
So far it has also collected 90% of rents due from the previous quarter, although the difference between industrial, with 99% paid, and retail, with just 66%, is stark.
The industrial-heavy fund also announced a 4.1% increase in NAV to £309.1m in today’s quarterly update.
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Including:
Mitsubishi Estates and Co-Re appoint Savills to help lease the development’s office space
Decision deferred on former National Institute of Agricultural Botany revamp
Developer has taken 10 storeys off proposals since first filing
Colliers appointed to lease 50,000 sq ft of office space in the Salford Quays development
