Europe-focused Schroder says rent collection continues to improve
10 March 2022 - 10:29
Schroder European Real Estate Investment Trust (Sereit) says rental collection showed improvement to 96% in the first quarter of its financial year, with the group managing to hold on to gains so far in the second.
Sereit, valued at R2.7bn on the JSE, acts as a rand hedge for SA investors who want exposure to European commercial real estate, with the group focusing on fast-growing cities in France, Germany, Spain and the Netherlands...
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.