Finance

Industrials REIT upbeat in latest investor update

By 2021-10-29T07:49:00

Bradley Hall, Wigan

Industrials REIT has reported a “strong quarter” for the three months to the end of September in its latest update to investors.

The group, formally known as Stenprop, reported a 27% uplift on previous passing rent on new lettings, and 17% on lease renewals, averaging 21% across all leasing transactions (previous quarter: 18% and 25% respectively, averaging 21% across all transactions).

This content is only available to registered users

You must be logged in to continue

Gated access promo

Would you like to read more?

Register for free to finish this article.

Sign up now for the following benefits:

  • Four FREE articles of your choice per month
  • Breaking news, comment and analysis from industry experts as it happens
  • Choose from our portfolio of email newsletters

To access this article REGISTER NOW

Would you like print copies, app and digital replica access too? SUBSCRIBE for as little as £6 per week.

Registered users and subscribers SIGN IN here to continue