Warehouse REIT PLC (GB:WHR) has released an update.
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Warehouse REIT PLC has reported a strong first quarter with a notable increase in leasing activity, achieving £4.1 million in contracted rent, which is 15.1% higher than previous rents. The company has successfully executed 27 deals, including significant new lettings and renewals, as well as a strategic disposal of assets totaling £61.6 million, aligning with their ongoing strategy to optimize their portfolio and increase dividend coverage.
For further insights into GB:WHR stock, check out TipRanks’ Stock Analysis page.