Finance

Schroder REIT posts fall in NAV but dividend rises

By 2020-11-17T07:28:00

REIT graph

Source: Shutterstock/RRice

Schroder Real Estate Investment Trust has posted a 2.8% fall in net asset value (NAV) during the first six months of its financial year.

During the half-year to the end of September, NAV dropped to £296.8m from £309.8m at the end of March, while the value of the group’s portfolio fell 3.4% to £397.8m, with retail assets suffering a decrease of 10.4%.

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