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08 Apr, 2021 16:28 08 Apr, 2021 16:28

Secure Income makes solid rent collection progress in March quarter

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Secure Income updated the market on the collection of rents due to-date on Thursday, following the end of the rent collection cycle for the March quarter, and monthly rents due from February to April.

The AIM-traded real estate investment trust said 99.9% of the £25.95m of rent that fell due between 8 January and 7 April had been collected.

That included £0.1m of back rent due on the settlement of a rent review in the period.

“Only 0.03% of the annualised gross rent roll is outstanding at the date of this announcement for the current and any prior rent due dates,” the board said in its statement.

At 1606 BST, shares in Secure Income REIT were up 0.54% at 369.5p.


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Pilling and Co Stockbrokers Ltd. is not responsible for the content or accuracy of third party news articles and we may not share the views of the author or publisher.

We provide third party news for your convenience and information only and make no representation or endorsement whatsoever and hereby exclude all liability for any loss or damage that may be incurred by you as a result of your access or use. Please note that third party content may be subject to terms and conditions imposed by the third party owner of that content.