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Warehouse Reit needs to focus on rental growth

Warehouse Reit has good prospects, but certain risks remain
Warehouse Reit needs to focus on rental growth Published on November 21, 2024
  • EPRA net tangible assets per share increased by 2.5 per cent 
  • Lower like-for-like rent increases of 0.1 per cent 

These results were best described as a mixed bag. On the one hand, Warehouse Reit (WHR) bucked the property trend and reported a 2.5 per cent increase in EPRA net tangible assets per share. However, this was paired with like-for-like rent increases of just 0.1 per cent. 

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