Warehouse REIT PLC (GB:WHR) has released an update.
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Warehouse REIT PLC has reported strong financial results for the first half of 2024, with a 4.1% increase in the value of its investment portfolio driven by the resilient multi-let industrial market. The company is actively managing its assets by focusing on high-quality multi-let properties, reducing debt, and progressing strategic sales such as the Radway Green development. Financial highlights include a 14.1% rise in profit after tax and a maintained dividend, with a significant portion of its debt hedged against interest rate volatility.
For further insights into GB:WHR stock, check out TipRanks’ Stock Analysis page.
