Information  X 
Enter a valid email address

Warehouse REIT property values rise; still eyes equity raising

By BFN News | 09:07 AM | Monday 24 February, 2020


Warehouse property investor Warehouse REIT said the value of its portfolio had risen in the four months through January. The portfolio was independently valued at £464.8m as at the end of January, up from £438.7m at the end of September. Its value increased by £15.1m on a like-for-like basis, taking into account net investment activity and portfolio capital expenditure. That represented a rise of 6.3p per share. 'The company recently announced it is contemplating an equity raise,' Warehouse REIT said. 'Any such fundraising is expected to follow the publication of a prospectus and further details will follow in due course.' At 9:07am: (LON:WHR) Warehouse Reit PLC share price was 0p at 115.5p Story provided by StockMarketWire.com

a d v e r t i s e m e n t