Schroder European Real Estate ate ate Investment (GB:SERE) has released an update.
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Schroder European Real Estate Investment Trust has reported a slight decrease in its property portfolio value, with a marginal 0.1% drop reflecting stabilization after a period of volatility. Despite a decline in one mixed-use data center, the portfolio showed resilience with increases in two properties and robust income, underpinned by a 96% occupancy rate and perfect rent collection. The end of the global interest rate hike cycle and reduced inflation are positively impacting investor confidence, signaling a potential turnaround in the market.
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