News

QuotedData’s morning briefing 28 April 2023

230124 morning

In QuotedData’s morning briefing 28 April 2023:

  • Industrials REIT (MLI), which has agreed a £500m sale of the company, released a trading update for the first quarter of 2023 showing a 4.8% like-for-like growth in passing rents and 10.6% growth in estimated rental values (ERV) over the 12 month period. During the quarter it concluded 120 leasing transactions taking the total for the financial year to 401, a 50% increase on the prior year. Average uplifts in rent were 27% on all lettings signed during the quarter, totalling a further £2.6m of rent.

We also have:

Leave a Reply

Your email address will not be published. Required fields are marked *

Please review our cookie, privacy & data protection and terms and conditions policies and, if you accept, please select your place of residence and whether you are a private or professional investor.

You live in…

You are a…

Exit mobile version