Schroder European Real Estate ate ate Investment (GB:SERE) has released an update.
Schroder European Real Estate Investment Trust PLC reports a solid financial performance for the first half of 2024, with underlying EPRA earnings rising to €4.3 million and dividends fully covered at 109%. Despite a slight decline in portfolio value, the company boasts a strong balance sheet with low debt levels and significant cash reserves, and is actively enhancing asset liquidity and earnings through sustainability-led initiatives. The firm’s strategic focus on high-growth European cities and asset management expertise has continued to drive performance amidst economic uncertainties.
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