By David Parsley2023-06-06T09:05:00
Source: Shutterstock/ Halfpoint
The value of Warehouse REIT’s portfolio slumped 18.5% in the year to the end of March as the group was hit by industry-wide outward yield movements.
The like-for-like portfolio valuation fell from just over £1bn to £828.8m during the year, following a 131 basis point yield expansion, which was partially offset by 6.2% like-for-like growth in rental values.
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