Business Description
Schroder Real Estate Investment Trust holds a portfolio of 37 properties in the United Kingdom, valued at £481.6 million and generating annual rental income of £29.0 million. The portfolio offers strong income potential, with an estimated rental value of £40.2 million and a reversionary yield of 8.3%, well above the market benchmark of 6.2%. Vacancy levels are low and improving, with a current void rate of 12.2%, and a meaningful share of that vacant space either under offer or being upgraded to attract higher rents on completion. Leases run for an average of 5.2 years to earliest break, providing a stable near-term income base.
