Schroder European Real Estate Loses Fashion Retailer At Spain Centre
Wed, 10th Feb 2021 11:55
(Alliance News) - Schroder European Real Estate Investment Trust PLC on Wednesday said it will be losing one of its fashion tenants at Metromar shopping centre in Seville, Spain.
The London and Johannesburg-listed real estate investor said it has been notified that one of the fashion anchor tenants will exercise its lease termination right.
The unnamed tenant accounts for around 3,000 square meters, or 14%, of the total space. Current occupancy at the centre is 84%.
The rent due will continue to be collected until the end of July, Schroder added.
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