Schroder European Real Estate ate ate Investment (GB:SERE) has released an update.
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Schroder European Real Estate Investment Trust reported a 3% increase in underlying earnings, driven by rental growth, despite higher interest costs, for the year ending September 2024. The company declared total dividends offering an attractive yield of approximately 7%, supported by a strong balance sheet and high occupancy levels. The trust’s strategic focus on assets in high-growth European cities and effective lease management has contributed to its financial resilience amidst macroeconomic challenges.
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