The retailer reports strong operational and leasing performance, with increased occupancy and consumer spend outperformance. The company also successfully integrated a major acquisition, putting it on track to deliver significant earnings growth.
The retailer's non-executive director has purchased a small number of shares in the company.
The retailer has partnered with Royal Mail to launch parcel lockers across its UK portfolio, providing a new convenient service for shoppers and driving additional footfall and customer spend.
The retailer has secured a new 15-year lease with Sainsbury's for a 48,100 sq ft unit in Dumfries, creating the first Sainsbury's store in the area and demonstrating strong demand for the company's retail park portfolio.
The retailer has completed a transformational acquisition and delivered strong trading, positioning it well for future growth.
Routine notification of a change in major shareholding for this retail-focused REIT.
The retailer's CEO has exercised nil-cost options and increased his shareholding, though a portion was sold to cover tax liabilities.
Routine share transaction by REIT CFO, no major impact expected.
Retail REIT announces change in voting rights, unlikely to significantly impact share price
The real estate investment trust has announced a change in major shareholding, with FIL Limited now holding over 11% of the voting rights.