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Schroder European Real Estate ate ate Investment ( (GB:SERE) ) just unveiled an update.
Schroder European Real Estate Investment Trust has received a ‘Proposal for Adjustment’ from the French tax authority, which could lead to a potential exposure of up to €14.2 million, including penalties and interest. Despite this, the company’s board remains confident that an outflow is unlikely due to ongoing external tax and legal advice, and they plan to contest the proposal.
More about Schroder European Real Estate ate ate Investment
Schroder European Real Estate Investment Trust PLC (SEREIT) is a company that invests in growth cities and regions across Europe. It is focused on real estate investments and operates through a group structure.
YTD Price Performance: 3.36%
Average Trading Volume: 216,743
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £90M
For an in-depth examination of SERE stock, go to TipRanks’ Stock Analysis page.