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Schroder European Real Estate ate ate Investment ( (GB:SERE) ) has provided an update.
Schroder European Real Estate reported a NAV total return of 0.4% for the year ending September 2024, with dividends per share covered by EPRA earnings, despite a slight decline in portfolio value due to yield movements. The company’s financial position remains strong, with a low loan-to-value ratio and significant cash reserves for future investments. The trust’s high yield and wide discount make it attractive to investors, and its diversified portfolio in strategic locations is well-positioned to weather economic uncertainties.
More about Schroder European Real Estate ate ate Investment
Schroder European Real Estate Investment Trust (SERE) operates within the real estate sector, focusing on investment in high-quality properties across Europe. The trust’s portfolio is diversified across offices, industrial spaces, retail, and alternative assets such as data centers and car showrooms. SERE targets stable, income-generating properties in supply-constrained and desirable locations, aiming to provide a reliable dividend yield to its investors.
YTD Price Performance: 0.75%
Average Trading Volume: 259,465
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £87.73M
Learn more about SERE stock on TipRanks’ Stock Analysis page.
