Schroder has received most of its April rent on time
The Reit says the rent it has received so far in April is enough to cover the running costs of the company, and is expected to rise further
15 April 2020 - 09:05
Schroder European Real Estate Investment Trust (Sereit) says it has received three-quarters of the rent it is due for April, which is sufficient to cover the running costs of the company.
The property group gives SA investors exposure to West European capital cities and had a portfolio valued at about R5.5bn as of the end of September. It said on Wednesday it expected to receive additional rent as April proceeds, having received 75% as of April 7...
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