Schroder European Real Estate collects 93% of quarterly rent

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Property investor Schroder European Real Estate Investment Trust said it had collected abut 93% of rent due for the March quarter.

The company said the collection rate was ahead of the amount collected in the previous two quarters of 89%.

As at 31 March, its property portfolio was independently valued at €274.3 million, a decrease of 0.6%, or €1.8 million, on the 31 December 2020 valuation of €276.1 million.

At 9:59am: (LON:SERE) Schroder European Real Estate Investment Trust Plc share price was 0p at 85p