8 July 2021
Secure Income REIT Plc
("the Company")
Update on June quarter and 8 April to 7 July monthly rent collections
Secure Income REIT Plc provides the following update on the collection of rents due up to the date of this announcement, following the end of the rent collection cycle for the June quarter and monthly rents due from May to July 2021.
98.7% of the £25.7 million of rent that fell due between 8 April 2021 and 7 July 2021 has been collected. As a consequence of the delay from 21 June in the lifting of government regulations in response to the pandemic and the anticipated full reopening of UK businesses, a deferral of £0.6 million of rents in total that would otherwise have been due from one tenant in May and June 2021 has been agreed. Those rents will be receivable in the period between September 2021 and August 2022.
Only 0.3% of the annualised gross rent roll is outstanding at the date of this announcement for the current and any prior rent due dates.
The Company expects to announce its interim results for the six months ended 30 June 2021 on 9 September 2021 and will be holding a briefing for analysts and investors on that day. Further details will be provided nearer to the date of the announcement.
For further information, please contact:
| Secure Income REIT Plc Nick Leslau Mike Brown Sandy Gumm
| +44 20 7647 7647 enquiries@SecureIncomeREIT.co.uk |
| Stifel Nicolaus Europe Limited (Nominated Adviser) Stewart Wallace
| +44 20 7710 7600 StifelSecureIncomeREIT@stifel.com |
| FTI Consulting (PR Adviser) Dido Laurimore Claire Turvey Eve Kirmatzis | +44 20 3727 1000 SecureIncomeREIT@fticonsulting.com |
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