Schroder property trust eyes acquisitons after launching £40m cash call
- The top-performing Schroder Real Estate investment trust has launched a £40m cash call to shareholders.
- The Board of the trust said today it was proposing to issue up to 80 million new shares at 50.25p to raise gross proceeds of up to £40.2m.
- The trust is one of the most successful in its sector, with shares returning 33.5% in the last year alone.