Analysts expect more investors to make opportunistic share purchases
Stockholm-basedPeter Gyllenhammar has bought a 3.24% stake in the UK REIT
Occupiers are rethinking their real estate strategies – and many are looking away from the capital
COMMENT Not all changes resulting from this pandemic will be negative, says Neil Sinclair
The REIT’s NAV per share dropped to 291p in the six months to 30 September, down from 407p in March.
Regional investor completes 12 lease renewals and five rent reviews at an average of 3% above ERV.
Five-year NatWest facility cuts REIT’s cost of debt and increases firepower.
Neil Sinclair hopes to bring new investors on board as the firm targets a £500m market cap
The property comprises ground floor retail and leisure units, with offices on four upper floors
The regional property specialist signed 22 leasing deals during the period across 140,000 sq ft
Contracts have been exchanged in the £18.2m deal
The discount supermarket chain had a previous lease on the site