Sunday share tips: Schroder Real Estate Investment Trust, SSP

31st Mar 2024 18:56

(Sharecast News) - The Financial Mail on Sunday's Midas column tipped shares of Schroder Real Estate Investment Trust (SREIT) to its readers, predicting that they were set to rally.

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Schroder Real Estate postpones dividend amid Covid crisis

9th Jun 2020 11:16

(Sharecast News) - Schroder Real Estate Investment Trust reported a total of £95m of disposals since January 2019 in its full-year results on Tuesday, at an average net initial yield of 3.0%, as it postponed its dividend.

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Schroder Real Estate focuses on 'winning cities' in first half

26th Nov 2019 11:55

(Sharecast News) - Schroder Real Estate Investment Trust announced its unaudited half-year results for the six months ended 30 September on Tuesday, reporting a net asset value of £354.3m, or 68.3p per share at period end, reflecting a decrease of 0.6% since the start of the period.

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Schroder Real Estate manages to outperform benchmarks in full-year results

21st May 2019 11:03

(Sharecast News) - UK-focussed Schroder Real Estate Investment Trust confirmed the delivery of a 5% dividend increase in its full-year results on Tuesday, adding that its net asset value had improved 0.7% to £356.4m.

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Schroder Real Estate makes progress on Bedford retail park

12th Aug 2016 10:30

(ShareCast News) - Shares in Schroder Real Estate Investment Trust (SREI) rose on Friday after the company announced progress in the recently acquired St. John's Retail Park in Bedford. SREI said TJX UK, trading as Homsense, has exchanged an agreement to lease a 12,100 sq ft unit on a fifteen year l

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Schroders Real Estate secures letting agreement for Bedford warehouse

11th Sep 2015 09:33

(ShareCast News) - Schroders Real Estate Investment Trust has reached a letting agreement for the St John's Retail Park in Bedford. The London-listed trust, which acquired the facility in May, said it will lease the single vacant retail unit to Tapi Carpets and Floord for £121,500 per year. The gro

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Schroder Real Estate acquires St John's Retail Park in Bedford

18th May 2015 13:57

Investment fund Schroder Real Estate Investment Trust (SREIT) has completed the acquisition of St John's Retail Park in Bedford for £31.8m. In a statement released on Monday, the group said the price for the property, which contains a 130,000 square foot retail warehouse park let to 12 tenants and a

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Schroder Real Estate Investment Trust buys half of University of Law campus

18th Dec 2014 12:19

Schroder Real Estate Investment Trust has completed the acquisition of a 50% stake in the University of Law campus in London's Bloomsbury for £34m. Schroder UK Property Fund purchased the rest of the property for a further £34m, as the University of Law has entered a new 12-year lease without tenant

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Schroder Real Estate acquires new property for £9.2m

19th Aug 2014 08:53

Schroder Real Estate has exchanged contracts to acquire Stacy Bushes Industrial Estate in Milton Keynes for £9.2m. The property, which produces rent of £755,726 per year, is currently let to 12 tenants with an average unexpired lease term, assuming all tenant breaks are exercised, of 4.5 years and

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Quindell board members stock up

28th Apr 2014 15:52

Software and technology outsourcing group Quindell on Monday announced share purchases by three of its board members following its decision to start legal proceedings against a short-seller at the end of last week. Rob Terry, the firm's founder and Executive Chairman, bought a stake worth £95,000

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Schroder Real Estate Investment Trust's NAV rises

22nd Jan 2014 10:33

Schroder Real Estate Investment Trust's shares rose after reporting a 4.2 per cent rise in quarterly net asset value (NAV). The company's NAV at the end of December 31st 2013 was £168.5m, compared to £161.6 at the end of September. The property portfolio at the end of the quarter was comprised of

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Schroder REIT to place over 35m shares to fund acquisitions

8th Jan 2014 11:26

Schroder Real Estate Investment Trust (REIT) on Wednesday announced plans to place up to 35.59m new ordinary shares, equal to 10 per cent of its issued share capital. The group said the shares would be issued at a premium to the most recent net asset value per share. The proceeds of the placing

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Monday broker round-up UPDATE

2nd Sep 2013 08:57

Berkeley Group: Panmure Gordon raises target price from 2046p to 2150p and reiterates a hold recommendation. Betfair: Panmure Gordon increases target price from 1000p to 1317p and maintains a buy recommendation. BHP Billiton: WH Ireland downgrades to neutral. British Land: Exane ups target price

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Friday broker round-up UPDATE

15th Feb 2013 07:58

Aberdeen Asset Management: UBS shifts target price from 440p to 470p and reiterates a buy recommendation. Credit Suisse takes target price from 410p to 470p staying with its outperform rating. Barclays revises target price from 470p to 490p, while its overweight rating remains unchanged. Jefferies m

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