Warehouse REIT PLC 2020 AR2
The report outlines Warehouse REIT plc's financial and operational performance for the fiscal year ended March 31, 2020. During the year, the company successfully deployed £74.8 million of net proceeds from its April 2019 equity raise, acquiring 15 assets and adding 1.8 million square feet to its portfolio. The portfolio valuation increased to £450.5 million, representing a 2.5% like-for-like increase. Additionally, the company completed 75 new lettings and 98 lease renewals, achieving significant rental growth and increasing occupancy to 93.4%. The company also agreed on a new five-year £220.0 million debt facility, reducing its cost of debt and extending maturity.
Company: Warehouse REIT PLC
Sector: Real Estate
Country: United Kingdom
Year: 2020
Type: AR2
Pages: 144
Warehouse REIT PLC
Annual Report And Financial Statements
The report outlines Warehouse REIT plc's financial and operational performance for the fiscal year ended March 31, 2020. During the year, the company successfully deployed £74.8 million of net proceeds from its April 2019 equity raise, acquiring 15 assets and adding 1.8 million square feet to its portfolio. The portfolio valuation increased to £450.5 million, representing a 2.5% like-for-like increase. Additionally, the company completed 75 new lettings and 98 lease renewals, achieving significant rental growth and increasing occupancy to 93.4%. The company also agreed on a new five-year £220.0 million debt facility, reducing its cost of debt and extending maturity.
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Document Details
Report Year
2020
Reporting Period
Apr 1, 2019 - Mar 31, 2020
Fiscal Year
2020
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Women on Board
Employees