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| Thu 26 Jun 2025, 8:17 | | SERE interim results March 2025 |
| View SENS |
Net rental and related income for the period lowered to EUR6.8 million (EUR7.5 million) with operating profit coming in at EUR1.6 million (operating loss of EUR1.5 million). Loss for the period improved to EUR126 000 (loss of EUR2.2 million). Additionally, headline earnings per share decreased to EUR2.7c per share (EUR3.2c per share).
Dividend declaration
Schroder European Real Estate Investment Trust plc (the \"Company\") announced its second interim dividend for the year ending 30 September 2025 of 1.48 euro cents per share.
Outlook
The Company’s fundamentals remain solid, supported by a strong balance sheet and ongoing asset management activity focused on optimising occupancy, income, and asset value.
From a market perspective, whilst global geopolitical risks persist, the sector is structurally supported by low supply and falling interest rates. Assuming these trends continue, they should foster greater confidence among both consumers and investors, which should ultimately enhance the attractiveness and liquidity of the real estate market into the next market cycle. |
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