Schroder European Real Estate Investment Trust (Sereit), which gives SA investors exposure to West European cities, says its rent collection and value of its portfolio improved in the three months to end-September, the latter partially driven by new lettings.
Sereit acts as a rand hedge for SA investors who want to invest in exposure to European commercial real estate, and had a portfolio valued at €268.6m (R5bn) at the end of September. This rose 2.8% to €276.1m at the end of December, the group said in an update...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.