Walls & Futures posts H2 £71k loss | 8 January 2021 : v

Walls & Futures posts H2 £71k loss | 8 January 2021


8 January 2021 | 13:31pm
StockMarketWire.com - Walls & Futures REIT recorded a post-tax loss of £71,293 for the six months to September 2020, according to its interim results.
This was narrower than the £92,200 loss recorded in the same period in 2019.
Despite lockdown, the REIT recovered more rent than the year before. In the six months to September 2020, £79,000 in rent was recovered against £67,650 the year before.
The ethical housing investor and developer continued to sell assets and offloaded a leasehold property in Southfields for £660,000.
The board has confirmed it is seeking to dispose of its last residential property asset in London in the coming months.

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