Mailbox reveals improving rent collection but NAV dips | Online


Brockton capital mailbox

Mailbox REIT, the first company to float on the UK’s International Property Securities Exchange, has revealed it has collected 91.9% of rents for the September quarter.

In a trading update to investors the group, which own the mixed-use Mailbox scheme in Birmingham, said the remaining 8.1% of rents due will be paid on a monthly basis, bringing the total collection in line with June 2021 at over 98%.


Source link

Leave a Reply

Your email address will not be published.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