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