Commercial property firm
The
The pandemic pushed many companies into remote working mode, which drove down revenue by 39.4 per cent to £251m.
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The group, which has a combined portfolio valued at £10.8bn, saw its like-for-like net rental income plunge £165m by 30.4 per cent.
Meanwhile, it reported a drop of 9.6 per cent in its ungeared total property return.
“Our results for the year to
This morning
In its financial results released this morning, the group confirmed it enjoyed a full-year dividend of 27.0p per share, up from 23.2p in 2020.
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Despite the blow of the pandemic, the group is set to bolster its central
“We are now entering the recovery phase. Government action to support the economy was swift and the speed of the ongoing vaccination programme impressive. As a result, there is the real prospect of a strong consumption-led recovery across the remainder of 2021 and 2022,” Allan added.
The post
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