Investors react to REIT results

2018-11-13T21:20:00

Source: Shutterstock/Vectorfusionart

Shares in Schroder Real Estate Trust fell 1.18% to 58.8p on Tuesday after reporting a 26.9% fall in profits resulting from a one-off refinancing cost.

Fellow REIT Landsec’s share price rose 0.5% on the back of its half-year report in which it announced the launch of a flexible office product and unveiled a £3bn potential development pipeline predominantly across London.

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