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Warehouse REIT Achieves Strong Quarterly Growth
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Warehouse REIT Achieves Strong Quarterly Growth

Warehouse REIT PLC (GB:WHR) has released an update.

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Warehouse REIT PLC has reported a robust quarter in leasing activities, completing 22 deals that have added £1.4 million to contracted rent, marking a 30.1% increase over previous rents. Over the past financial year, the company achieved a total of 1.5 million square feet in leasing transactions, with a significant like-for-like rental growth of approximately 5%. The company credits its asset management team and strategic locations for these strong results, underscoring the resilience of the multi-let industrial market.

For further insights into GB:WHR stock, check out TipRanks’ Stock Analysis page.

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