Warehouse REIT benefits from Brexit stockpiling

Warehouse

Warehouse REIT, the AIM-listed warehouse investor, has posted a sharp rise in revenue and profit in its full-year results, benefitting from Brexit stockpiling and growth in online retail tenants.

Revenue leapt to £22m for the 12 months to the end of March, compared to £6.6m last year. Pre-tax profit almost trebled to £22.8m from £8.4m last time.

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