Schroder REIT eyes sales as NAV growth slows

Duncan Owen of Schroders

Schroder Real Estate Investment Trust has reported a leveling off of net asset value in half-year results to September, warning that the UK market has reached “a late stage in the market cycle”.

Commenting after the REIT announced a NAV of £357.7m, up 1.2% over the period January to September, chairman Lorraine Baldry said the group was “more cautious about the outlook and may look to realise some of the capital gains across the portfolio.”

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 £5 per week.

Registered users and subscribers SIGN IN here to continue