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SREI

0.81%
NEUTRAL

Schroder Real Estate Investment Trust Provides General Update

Why we think this is neutral

This RNS announcement is a general update from Schroder Real Estate Investment Trust and does not contain any specific news related to contracts, orders, trading, financing, or other key business events. As a result, the sentiment is assessed as neutral.

Key Points

  • 11.0% NAV total return for the year
  • 9.1% total return on the underlying property portfolio
  • Dividend yield of 6.6%
  • Focus on high-yielding assets with potential for income growth

Summary

The real estate investment trust has provided a general update on its performance and portfolio.

Schroder Real Estate Investment Trust (SREI) has released a general update on its financial and operational performance. The key highlights include a 11.0% NAV total return for the year, driven by a 9.1% total return on the underlying property portfolio. The trust's dividend yield of 6.6% remains attractive compared to UK 10-year gilts. SREI continues to focus on high-yielding assets and sees potential for further income growth.

GENERAL UPDATE