Secure Income begins action to recover rent from Travelodge
20th Apr 2020 11:54
(Sharecast News) - Secure Income REIT responded to recent press coverage around the Travelodge chain of budget hotels on Monday, confirming that the outstanding quarter's rent due from Travelodge amounted to 6.4% of its annual rental income.
Read moreSecure Income REIT still intending to pay quarterly dividend
6th Apr 2020 16:21
(Sharecast News) - Secure Income REIT updated the market on its operations in light of the Covid-19 coronavirus pandemic on Monday, saying that of the rents due to date, representing over 94% of the total quarterly rent roll, 76% had been paid on time.
Read moreSecure Income REIT buys 55 Travelodge Hotels for £196m
28th Oct 2016 12:47
(ShareCast News) - AIM-listed Secure Income Real Estate Investment Trust has completed the £196m acquisition of a portfolio of 55 Travelodge Hotels. The 55 hotels have an average unexpired lease term of 27 years with upwards only retail price index linked rent reviews, which are let to Travelodge Ho
Read moreSecure Income REIT completes refinancing
2nd Oct 2015 14:27
(ShareCast News) - Secure Income REIT announced the completion of £903m of new financing arrangements. In its interim results on 29 September, Secure Income said that two of the three new debt facilities had been drawn and the third had been signed and fully committed. It has now been drawn down. T
Read moreSecure Income sells Madame Tussauds property for £332.5m
26th May 2015 13:53
Secure Income Reit has sold the iconic Madame Tussauds museum premises in Marylebone for £332.5m. The sale of the tourist attraction to the Taiwanense insurance company Fubon Life Insurance is expected to be completed during the third quarter of the year. Madame Tussauds, which has been a waxwork m
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