LXI REIT agrees share-based merger with Secure Income
11th May 2022 08:31
(Sharecast News) - LXi REIT announced on Wednesday that it has agreed to acquire Secure Income REIT and merge the companies.
Read moreSecure Income REIT declares 3.95p quarterly dividend
21st Apr 2022 11:09
(Sharecast News) - Secure Income REIT declared an interim quarterly dividend of 3.95p per share on Thursday.
Read moreSecure Income hikes dividend target amid good rent performance
10th Mar 2022 12:37
(Sharecast News) - Secure Income REIT reported an 11.8% uplift in EPRA net tangible assets per share to 424.1p in its final results on Thursday, as it hiked its dividend targets on the back of a return towards pre-Covid rents.
Read moreSecure Income pays £33.5m to extend leases with Merlin
30th Dec 2021 08:28
(Sharecast News) - Secure Income REIT announced on Thursday that, in return for a cash payment of £33.45m to Merlin Entertainments to be paid from its own resources, Merlin has agreed to extend its lease terms on Alton Towers, Thorpe Park, Warwick Castle and Heide Park in Germany by 35 years.
Read moreSecure Income reports rent collection level of 100pc
8th Oct 2021 11:01
(Sharecast News) - Secure Income REIT updated the market on the collection of rents due to date on Friday, following the end of the rent collection cycle for the September quarter, and monthly rents due from July to October.
Read moreSecure Income moving closer to pre-pandemic rent trajectory
9th Sep 2021 11:52
(Sharecast News) - Specialist long-term income real estate investor Secure Income reported a 2% improvement in its gross property value over its first half on Thursday, driven by rental uplifts up to the end of July of 1.9%, with its topped-up net initial yield steady at 5.4%.
Read moreSecure Income upbeat on rent collection progress
8th Jul 2021 09:21
(Sharecast News) - Secure Income updated the market on the collection of rents due to date on Thursday, following the end of the rent collection cycle for the June quarter and monthly rents due from May to July.
Read moreSecure Income makes solid rent collection progress in March quarter
8th Apr 2021 11:22
(Sharecast News) - Secure Income updated the market on the collection of rents due to-date on Thursday, following the end of the rent collection cycle for the March quarter, and monthly rents due from February to April.
Read moreSecure Income positive on recovery after 2020 earnings plunge
11th Mar 2021 10:47
(Sharecast News) - Secure Income reported EPRA net tangible assets of £1.23bn at the end of its financial year on Thursday, or 379.3p per share, down from £1.39bn and 429.4p at the end of 2019.
Read moreSecure Income maintains strong rent collection through holiday period
8th Jan 2021 08:56
(Sharecast News) - Secure Income REIT updated the market on its collection of rents due on Friday, following the end of the rent collection cycle for the December quarter and January monthly rents.
Read moreSecure Income to maintain existing Travelodge CVA
23rd Oct 2020 09:52
(Sharecast News) - Secure Income REIT announced on Friday that, following a "thorough review" of potential strategies in relation to its Travelodge portfolio, it had determined not to exercise its break options to terminate the tenant's leases on those properties.
Read moreSecure Income REIT upbeat on recent rent collection
8th Oct 2020 15:30
(Sharecast News) - Secure Income REIT updated the market on its rent collection on Thursday, reporting that 100% of the £12.4m of rent due between 29 September and Thursday, after allowing for the rent adjustments agreed with certain tenants, had been collected.
Read moreTravelodge CVA seeks significant rent reductions from Secure Income Reit
4th Jun 2020 13:13
(Sharecast News) - Travelodge is seeking temporary rent reductions of nearly 70% from Secure Income Reit, the budget hotel chain's largest landlord confirmed on Thursday.
Read moreSecure Income REIT hasn't seen details of Travelodge's CVA proposals
3rd Jun 2020 12:53
(Sharecast News) - AIM-listed Secure Income REIT said on Wednesday that it has not seen details of tenant Travelodge's proposals to launch a creditors voluntary arrangement as the hotel chain looks to secure rent cuts with its landlords amid the Covid-19 crisis.
Read moreSecure Income declares quarterly divi, continues talks with Travelodge
23rd Apr 2020 16:32
(Sharecast News) - Secure Income REIT declared an interim quarterly dividend of 4.2p per share on Thursday, to be payable on 29 May to shareholders on the register on 1 May.
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