QuotedData Retail - QuotedData (QD) Real Estate Roundup - March 2021

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QuotedData Retail

James Carthew

Real Estate Roundup - March 2021

Performance - The roadmap out of lockdown and the impressive vaccination programme in the UK has lifted confidence in a swift economic recovery and triggered a shift to value stocks. Property companies on significant discounts saw a bounce in their share price in February. Top of the pile, though, was RDI REIT that was the subject of a cash offer from its largest shareholder Starwood Capital, valuing the company at £467.9m.

Valuation moves - Net asset value grew as property portfolios started to rebound from the depths of the pandemic. Logistics giant SEGRO led the way with a double-digit NAV increase.

Corporate activity - There were two raises in February, by Target Healthcare REIT and Warehouse REIT, as well as two further fund raising announcements.

Major news stories - Assura acquired a developer, while Supermarket Income REIT continued its portfolio growth.

08/03/2021 EN

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James Carthew

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Real Estate Roundup - March 2021

Real Estate Roundup - May 2021

Economic & Political Roundup - May 2021

Investment Companies Roundup - May 2021

Vietnam Holding Limited – Cheap stocks, bold reforms, big ambitions

Montanaro UK Smaller Companies – High growth, bigger yield

GCP Infrastructure – Consolidate and capitalise

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