Schroders Real Estate secures letting agreement for Bedford warehouse
Schroders Real Estate Investment Trust has reached a letting agreement for the St John’s Retail Park in Bedford.
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Schroder Real Estate Investment Trust Ltd
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The London-listed trust, which acquired the facility in May, said it will lease the single vacant retail unit to Tapi Carpets and Floord for £121,500 per year.
The group added it had also agreed to extend a letting agreement with electricals retailer Maplin Electronics for a further five years to 2023.
Schroder Real Estate shares were down 0.85% to 58.25p at 1014 BST on Friday.