Deal will secure REIT’s £500m disposal target goal
Fund will aim to have minimal exposure to UK retail sector
REITs are increasingly showing their concern for the environment and it’s about time.
Yew Grove beats forecast with a 3.7% increase in EPRA net asset value per share.
Extension of Lloyds facility will provide additional capacity for property acquisitions.
The REIT’s portfolio grew 14.3% in the half year to 30 September
Firm plans to issue its first dividend in February 2019.
New issue follows £293m of equity and debt capital raised since its IPO in February last year.
Eight strong office portfolio deal reflects a yield of 8.66%.
There is a new emerging sector for real estate investors that over the past two years has delivered quadruple-digit gains.
REIT will provide real estate debt and equity to licensed medicinal and “adult-use” cannabis businesses.
Jefferies has downgraded six REITs, reinforcing its “underperform” rating for the UK REIT industry for 2017.