Finance

Warehouse REIT updates investors

By 2022-01-26T07:37:00

Flexe warehouse in Irvine

Source: FLEXE

Warehouse REIT has completed 12 lettings and 10 lease renewals ahead of estimated rental value (ERV) during the period since the beginning of October last year.

In a trading update to investors, the AIM-listed warehouse investor said the deals on 141,400 sq ft of space were completed at 10.5% ahead of 31 March 2021 ERVs, generating £900,000 in annual rent.

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