The focused SERE commercial property portfolio is 80% located in the fastestgrowing western European cities (e.g. Berlin, Paris, Hamburg, Frankfurt). Assets generate robust yields. Further, they offer value-enhancement opportunities. Broader European market economic fundamentals remain positive, driving employment growth, investment, office take-up and reduced vacancy, against a modest supply pipeline. Market-wide, yields do, however, reflect both the strong market fundamentals and modest long-term debt yields. SERE has assembled good-quality, well-located and reversionary assets, acquired on 6.3% yield.
05 Feb 2018
5.5% prospective dividend yield, triple underpinned
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5.5% prospective dividend yield, triple underpinned
Schroder European Real Estate Investment Trust Plc (SERE:LON) | 62.2 0 0.0% | Mkt Cap: 83.2m
- Published:
05 Feb 2018 -
Author:
Mike Foster -
Pages:
6
The focused SERE commercial property portfolio is 80% located in the fastestgrowing western European cities (e.g. Berlin, Paris, Hamburg, Frankfurt). Assets generate robust yields. Further, they offer value-enhancement opportunities. Broader European market economic fundamentals remain positive, driving employment growth, investment, office take-up and reduced vacancy, against a modest supply pipeline. Market-wide, yields do, however, reflect both the strong market fundamentals and modest long-term debt yields. SERE has assembled good-quality, well-located and reversionary assets, acquired on 6.3% yield.