UK's KCR Residential REIT half-year revenue rises, driven by rental increases

KCR Residential Reit

17/03/2026 10:12

Overview

UK residential landlord's half-year revenue rose 15% on improved rental performance and occupancy

Company posted a half-year loss per share of 0.91p as higher finance costs offset gains

Cost-saving measures expected to reduce administrative expenses and cash burn in coming periods

Outlook

Company expects revenue growth over balance of financial yr, driven by rental increases

KCR expects reductions in administrative expenses and cost of sales in second half of yr

Company anticipates further improvements in operational performance over next 12 months

Result Drivers

DEANERY COURT PERFORMANCE - Improved occupancy and operational performance at Deanery Court drove rental income growth

RENTAL INCREASES - Incremental rental increases across the portfolio contributed to higher revenue

Company press release: ID:nRSQ9723Wa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
H1 EPS
-GBP 0.009


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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)