StockMarketWire.com - The Local Shopping REIT posts an IFRS loss of £0.86m or 1.04 pence per share for the year to the end of September against a profit of £0.63m or 0.76 pps in 2016.

Adjusted operating profits fell to £1.26m or 1.5 pps (2016: £1.53m or 1.9 pps).

The portfolio valued at 30 Sep at £55.46m, reflecting an equivalent yield (excluding the residential element) of 9.47% (30 Sep 2016: £75.3m, equivalent yield 9.5%). The net asset value fell to £34.8m or 42 pps - down from £35.55m, 43 pps last time.


At 9:44am: [LON:LSR] Local Shopping REIT The PLC share price was +0.13p at 31.75p



Story provided by StockMarketWire.com