Stenprop reports rising rent and improving collection rates

Stenprop industrial deal Sep 19

Industrial property group Stenprop has revealed a rise in rental income and occupancy for the three months to the end of June.

In its latest trading update to investors, the group said like-for-like passing rent rose 3.7% during the quarter, following a 1.8% rise in the previous period and a boost of 8% over 12 months.

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