NAV nudges up at Schroder European REIT

Schroder REIT - Boulogne Billancourt office in Paris

Net asset value (NAV) nudged up at Schroder European REIT in the six months to the end of March, but earnings slumped.

NAV was up 0.4% to €182.8m (£163.3m), while EPRA earnings fell from €6.5m at the same point last year to €5.4m. Profit for the six months plummeted by more than two thirds to €3.2m. 

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