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03-Oct-2018
(Official Notice)
SERE announced it has completed a new debt facility in the Netherlands with HSBC, for EUR9.25 million, which will be accretive to returns.



The loan is secured against the three Dutch industrial assets recently acquired for EUR19.8 million. The loan proceeds form part of the Company?s remaining reinvestment capacity of approximately EUR15 million, following the profitable sale of its French supermarket assets in July.



The five year interest only facility has been agreed at a margin of 2.15% above the three month Euribor rate. With Euribor currently negative, it is applied at zero, resulting in a current total all- in interest cost of 2.15% p.a. This compares favorably with the acquisition net income yield of the properties of 6.5%. The Company will acquire an interest rate cap to limit the maximum future potential interest cost if Euribor were to increase to no more than 3.4% p.a.



Following this agreement, the Company now has total outstanding debt of EUR64.4 million across five facilities, representing an LTV of approximately 26% against the overall gross asset value of the Company. The weighted average debt maturity is approximately six years and the current blended all-in interest rate is 1.4%. This is substantially below the portfolio net initial yield against current valuation of c.6% and accretive to income returns.
25-Sep-2018
(Official Notice)
Schroder European Real Estate Investment Trust plc ("SERE"), the company investing in European growth cities, has completed the purchase, in separate transactions, of three Netherlands industrial assets, for EUR19.8 million, reflecting a combined net initial yield of 6.5%, as announced on 21 August 2018.



SERE?s portfolio currently comprises 12 properties with a value of approximately EUR222 million. The portfolio will generate contracted rents of EUR16.1 million with an average unexpired lease term to first break and expiry of 5.1 years and 6.7 years (per end of June 2018). The acquisitions provide further sector diversification, with the portfolio having the following allocations; 49% office, 29% retail, 13% industrial and 9% mixed use. Following these acquisitions, SERE has a remaining investment capacity of approximately EUR15 million.
03-Sep-2018
(Official Notice)
On 3 August 2018, Schroder announced its third interim dividend for the year ending 30 September 2018 of EUR1.85 cents per share. This announcement confirms that the currency exchange rate applicable for the interim dividend for shareholders on the UK register who did not make a currency election before the applicable deadline and who therefore will receive their dividend in sterling is:



Declared dividend : exchange rate - dividend to be paid for those receiving dividends in sterling

* EUR1.85 cents per share : 0.90160 - GBP1.66796 pence per share



The dividend will be paid on 14 September 2018 to shareholders who were on the register at the close of business on 31 August 2018.
21-Aug-2018
(Official Notice)
13-Aug-2018
(Official Notice)
On 3 August 2018, SERE announced its third interim dividend for the year ending 30 September 2018 of EUR1.85 cents per share. The currency exchange rate applicable for the dividend payable in South African cents to shareholders on the South African register is based on the exchange rate on 13 August 2018 and is set out below:



Declared dividend: Exchange rate - Dividend in South African cents per share

* EUR1.85 cents per share: 16.44500 - 30.42325



Dividend tax will be withheld from the amount of the gross dividend of 30.42325 South African cents per share paid to shareholders on the South African register at the rate of 20 per cent unless a shareholder qualifies for exemption. After the dividend tax has been withheld, the net dividend will be 24.33860 South African cents per share. For the avoidance of doubt, dividend tax, and therefore the information provided in this announcement, is only of direct application to shareholders on the South African register.
07-Aug-2018
(Official Notice)
Schroder European Real Estate Investment Trust Plc ("SERE" or the "Company"), has completed the purchase of a freehold logistics property in Rumilly, France for EUR8.6 million, as announced on 21 June 2018.



The 16 700 sqm warehouse was acquired off a net initial yield of 7% and is fully let to a strong covenant, a subsidiary of the global food and drink manufacturer Nestl?, with an unexpired lease term of c. 7.5 years. In line with the Company's winning centres strategy, it is located in a region whose economy is forecast to grow faster than the national average1 and is leased off affordable / sustainable rents, in an area where there is limited supply.
03-Aug-2018
(Official Notice)
09-Jul-2018
(Official Notice)
On 12 June 2018, Schroder European Real Estate Investment Trust plc (the ?company?) announced its second interim dividend for the year ended 30 September 2018 of EUR1.85 cents per share.



Shareholders on the UK register will receive their dividends in sterling, unless an election is completed and registered with the company's registrars. The deadline for the currency election in respect of the forthcoming interim dividend payment was 6 July 2018.



This announcement confirms that the currency exchange rate applicable for the interim dividend for shareholders on the UK register who did not make a currency election before the applicable deadline and who therefore will receive their dividend in sterling is:

Declared dividend - EUR1.85 cents per share

Exchange rate - 0.88270

Dividend to be paid for those receiving dividends in sterling - GBP1.63300 pence per share



The dividend will be paid on 20 July 2018 to shareholders who were on the register at the close of business on 6 July 2018.
21-Jun-2018
(Official Notice)
SERE announced that it has exchanged contracts to purchase a freehold logistics property in Rumilly, southern-eastern France, for EUR8.6 million, reflecting a net initial yield of 7.0%.



The 16 700 sqm warehouse is fully let to a strong covenant, a subsidiary of the global food and drink manufacturer Nestl?, with an unexpired lease term of c. 7.5 years. In line with the Company?s winning centres strategy, it is located in a region that is forecast to grow faster than the national average 1 and is leased off affordable / sustainable rents, in an area where there is limited supply.



Close to the A41/A43 autoroutes, Rumilly serves the major metropolitan areas of Lyon and Geneva, which have a combined population of over 2.5 million people living within a 90 minute drive.



The purchase is subject to a waiver of statutory pre-emption rights in the French market and is therefore expected to complete at the end of August 2018.
18-Jun-2018
(Official Notice)
On 12 June 2018, SERE announced its second interim dividend for the year ending 30 September 2018 of EUR1.85 cents per share. The currency exchange rate applicable for the dividend payable in South African cents to shareholders on the South African register is based on the exchange rate on 18 June 2018 and is set out below:



Declared dividend - Exchange rate - Dividend in South African cents per share

* EUR1.85 cents per share - 15.6430 - 28.93955



Dividend tax will be withheld from the amount of the gross dividend of 28.93955 South African cents per share paid to shareholders on the South African register at the rate of 20 per cent unless a shareholder qualifies for exemption. After the dividend tax has been withheld, the net dividend will be 23.15164 South African cents per share.
12-Jun-2018
(Official Notice)
12-Jun-2018
(C)
Net rental and related income jumped to EUR8.8 million (EUR5.4 million) whilst operating profit before net finance costs shot up to EUR13.5 million (EUR5.3 million). Profit attributable to owners more than doubled to EUR10.8 million (EUR4.2 million). Furthermore, headline earnings per share multiplied to EUR4.8 cents per share (EUR1.9 cents per share).



Dividend

The company has declared a second interim dividend in respect of the year ending 30 September 2018 of EUR1.85 cents per share payable on 20 July 2018 to shareholders on the register on 6 July 2018. The first and second interim dividends in respect of the year ending 30 September 2018 amount to EUR3.7 cents per share, representing a 68% increase compared to dividends declared over the same period in respect of the year ended 30 September 2017.



The dividend is approximately 100% covered from recurring income from the portfolio. This excludes the positive impact of the receipt of EUR2.4 million in respect of the first payment for the Hamburg lease surrender. Including the Hamburg surrender premium receipt the dividend cover is 172%.



The latest declared dividend represents an annualised rate of 5.5% based on the euro equivalent of the issue price at admission, achieving the target dividend stated at IPO. Based on the Euro: GBP exchange rate as at 31 March 2018, this equates to an annualised rate of 6.5% on the GBP issue price at IPO of GBP100 pence per share.



The company will continue to pursue a progressive dividend policy, which is sustainable from recurring income.



Company outlook

Having delivered on the strategy outlined at IPO, the company is well-positioned for the next phase of its growth. The high quality real estate portfolio across the growth cities of continental Europe provides a strong platform for the company. It generates an attractive level of stable income which covers the dividend and provides opportunities to grow income and values over the long term.



Occupier demand and rental growth in the target markets of Western Europe is increasing, underpinned by the continued economic growth. This presents an opportunity for the company and we look forward to working with the Investment Manager to progress the strategy.
31-May-2018
(Official Notice)
Schroder European Real Estate Investment Trust plc, the company investing in European growth cities, will announce results for the six-month period ending 31 March 2018 on Tuesday, 12 June 2018.



A breakfast presentation for analysts and investors will be held in London at 0845 BST. For more details please contact James Lowe or FTI Consulting on the below.



A webcast presentation will take place at 1100 BST / 1200 SAST, registration for which can be accessed via: www.schroders.com/en/uk/adviser/webconferences2/schroder-european-real-estate- investment-trust-results-jun-18/
26-Mar-2018
(Official Notice)
On 22 February 2018, Schroder European Real Estate Investment Trust plc (the ?Company?) announced its first interim dividend for the year ending 30 September 2018 of 1.85 euro cents per share. Shareholders on the UK register will receive their dividends in sterling, unless an election is completed and registered with the Company's registrars. The deadline for the currency election in respect of the forthcoming interim dividend payment was 23 March 2018.



This announcement confirms that the currency exchange rate applicable for the interim dividend for shareholders on the UK register who did not make a currency election before the applicable deadline and who therefore will receive their dividend in sterling is:

Declared dividend: 1.85 euro cents per share

Exchange rate: 0.87220

Dividend to be paid for those receiving dividends in sterling: 1.61357 pence per share



The dividend will be paid on 13 April 2018 to shareholders who were on the register at the close of business on 23 March 2018.

05-Mar-2018
(Official Notice)
On 22 February 2018, Schroder European Real Estate Investment Trust plc (the ?Company?) announced its first interim dividend for the year ending 30 September 2018 of 1.85 euro cents per share.



The currency exchange rate applicable for the dividend payable in South African cents to shareholders on the South African register is based on the exchange rate on 5 March 2018 and is set out below:

*Declared dividend: EUR1.85 cents per share

*Exchange rate: 14.68500

*Dividend in South African cents per share: ZAR27.16725 cents per share



Dividend tax will be withheld from the amount of the gross dividend of 27.16725 South African cents per share paid to shareholders on the South African register at the rate of 20 per cent unless a shareholder qualifies for exemption.



After the dividend tax has been withheld, the net dividend will be 21.73380 South African cents per share.



For the avoidance of doubt, dividend tax, and therefore the information provided in this announcement, is only of direct application to shareholders on the South African register.
22-Feb-2018
(Official Notice)
SERE (the ?company?) announced that at the Annual General Meeting of the company held at 31 Gresham Street, London EC2V 7QA on Wednesday, 21 February 2018, resolutions numbered 1 to 8 and resolution 10 as set out in the notice of meeting were duly passed.



Resolution 9, which related to the dis-application of pre-emption rights in respect of the allotment of shares proposed by resolution 7, was withdrawn at the meeting following shareholder feedback which indicated insufficient support based on proxy votes received.



In addition, the board noted significant votes against resolutions 6, 7 and 8 in relation to the allotment of shares and dis-application of pre-emption rights (in respect of the allotment of shares proposed by resolution 6), predominantly from shareholders on the company?s South African register. The board sought to engage with shareholders after the publication of the notice of meeting to explain why it was considered that these resolutions were in shareholders best interests. The board will continue to engage with shareholders in order to fully understand their views in relation to the specific authorities sought.



The results of proxy voting will be available on the company?s webpage shortly.
22-Feb-2018
(Official Notice)
21-Feb-2018
(Official Notice)
SERE, the company investing in European growth cities, has completed the acquisition of a data centre in Apeldoorn, the Netherlands, for approximately ?20 million. The acquisition reflects an attractive net initial income yield of 10%. SERE has now fully deployed all of its capital currently available for investment in a ten asset portfolio, located in growth cities and regions that are benefiting from the favourable Eurozone economic outlook.



The 23 700 sqm mixed use building?s primary usage is a data centre, with additional office and storage space. The building was extensively refurbished in 2006 and 2015 and includes 495 parking spaces. It is let to a strong covenant, KPN NV, a leading Dutch telecom and IT service provider, with an initial term expiring 31 December 2026 and subject to annual indexation.



Apeldoorn is strategically located in the centre of the Netherlands, at the intersection of the North-South and East-West motorway axis. Just 75km from Amsterdam, it is expected to be a beneficiary of the growing trend of back-office relocation by information and communications technology businesses (ICT), with rents currently 30% of those in Amsterdam and a deep IT related employment pool.



Supporting SERE?s growth cities strategy, GDP for the Apeldoorn region is forecast to grow at 1.6% over the next four years1, ahead of domestic GDP growth. Its population growth has seen a steady upward trend since the 1960s, outperforming a number of other similarly sized cities over the same period.



Apeldoorn represents the tenth acquisition by SERE, which has now invested approximately EUR235 million at a blended net initial yield of approximately 6.5%, in established Western European growth cities.
09-Feb-2018
(Official Notice)
SERE announced that it has agreed terms for City BKK to surrender its lease at the Hamburg office asset in Germany, in return for a cash payment to the Company of EUR3.9 million. This cash payment represents 4.7 years of annual rental income from City BKK.



Negotiating a surrender with City BKK was a key initiative within the acquisition strategy. The agreement gives SERE the opportunity to re-position the property, re-leasing the space into a strengthening office sub-market and diversifying the property?s income profile.



The building is located in the fast growing City S?d district, where vacancy rates have fallen substantially to approximately 5% since the Company?s acquisition. This has been led by strong take up, as occupiers perceive the City S?d district as providing better value relative to the neighboring city centre, combined with reduction of supply via the conversion of office accommodation to residential and hotel uses.
01-Feb-2018
(Official Notice)
SERE announced that the Casino Group, the French retailer, has exercised a buy-back option on SERE?s 70% share in two retail assets in France. The sale price reflects a 10% premium to current valuation.



SERE acquired the grocery retail assets, in Biarritz and Anglet, in June 2016 by way of a joint venture, acquiring 70% of the investments and the vendor Mercialys, a subsidiary of Casino Group, retaining a 30% interest. The sale price of SERE?s 70% interest equates to EUR44.8 million. Under the option, the re- purchase will exercise on 31 July 2018. The Casino Group will take over SERE?s share of the existing debt facility on the assets which amounts to EUR18.2 million and hence the net equity proceeds to SERE from the sale are approximately EUR26.6 million.



Following the disposal, SERE will have a combined equity and debt investment capacity of approximately EUR70 million and as stated at the Full Year Results, SERE continues to advance discussions on a number of acquisitions within its identified pipeline and remains confident of achieving full deployment in the short term.
24-Jan-2018
(Official Notice)
SERE announced in accordance with Listing Rule 9.6.14(2) that Mr Jonathan Thompson, a Director of the Company, has been appointed as a non-executive director of Phoenix Spree Deutschland Ltd., a company listed on the Main Market of the London Stock Exchange with effect from 24 January 2018.
08-Jan-2018
(Official Notice)
On 6 December 2017, SERE announced its fourth interim dividend for the year ended 30 September 2017 of EUR1.5 cents per share. Shareholders on the UK register will receive their dividends in sterling, unless an election is completed and registered with the Company's registrars. The deadline for the currency election in respect of the forthcoming interim dividend payment was 5 January 2018.



This announcement confirms that the currency exchange rate applicable for the interim dividend for shareholders on the UK register who did not make a currency election before the applicable deadline and who therefore will receive their dividend in sterling is:

Declared dividend : Exchange rate - Dividend to be paid for those receiving dividends in sterling

* EUR1.5 cents per share : 0.88640 - 1.32960 pence per share



The dividend will be paid on 19 January 2018 to shareholders who were on the register at the close of business on 5 January 2018.
08-Jan-2018
(Official Notice)
Schroder European Real Estate Investment Trust plc (?SEREIT?), the company investing in European growth cities, has agreed a new anchor lease with Urban Planet, one of Spain?s leading leisure specialists at its Metromar Shopping Centre in Seville, southern Spain.



Urban Planet has signed a five year lease, with an option for a further five years, on c. 1 200 sqm of space, at a passing rent ahead of business plan at acquisition. It will be Urban Planet?s first leisure centre in the Seville region, with SEREIT having secured exclusivity limiting its opening of other trampoline related businesses in the region.



Urban Planet has a strong track record of producing, managing and implementing innovative leisure experiences linked to physical activity. At Metromar, the primary activity will be trampolining, as well as climbing, dodgeball, a children?s play area and a food - beverage offering. Catering for all ages, the new space will complement the centre?s existing leisure offering, and is expected to significantly drive customer footfall and dwell time.



Urban Planet is aiming to commence trading during 2018, following the demolition of the existing unit, and will invest significant capital, demonstrating its commitment to the centre.



SEREIT acquired Metromar in May 2017 in joint venture with the Schroder advised Immobilien Europa Direkt, for a purchase price of approximately EUR52.5 million, reflecting a net initial yield of 6.2%. The 23 500 sqm shopping centre is 99% let to 50 tenants, with a significant convenience retail offering and is anchored by a 2 300 sqm Mercadona grocery supermarket.
18-Dec-2017
(Official Notice)
SERE (the "company"), the company investing in European growth cities, announces it has completed a new debt facility in France with Banque Populaire, for EUR13 million.



The loan is secured against the Saint Cloud office building in Paris that was acquired by the company in February this year. The loan proceeds form part of the company?s EUR30 million of remaining investment capacity and will be used to make further acquisitions completing the initial investment programme.



The loan represents 38% LTV against the value of the Saint Cloud asset. The seven year interest only facility has been agreed at a margin of 1.30% above the 3 month Euribor rate. With Euribor currently negative, it is applied at zero, resulting in a current total all-in interest cost of 1.30% p.a. This compares favorably with the acquisition net income yield of the Saint Cloud property of 9.5%. The company has acquired an interest rate cap to limit the maximum future potential interest cost if Euribor were to increase, to an all-in rate of 2.55% p.a.



Following this agreement, the company now has total outstanding debt of EUR73.4 million across five facilities, representing an LTV of approximately 29% against the overall gross asset value of the company. The current blended all-in interest rate is 1.3%, substantially below the portfolio net initial yield against current valuation of c. 6%.
11-Dec-2017
(Official Notice)
On 6 December 2017, Schroder European Real Estate Investment Trust plc announced its fourth interim dividend for the year ending 30 September 2017 of EUR1.5 euro cents per share.



The currency exchange rate applicable for the dividend payable in South African cents to shareholders on the South African register is based on the exchange rate on 11 December 2017 and is set out below:

*Declared dividend - EUR1.5 cents per share

*Exchange rate - 16.11800

*Dividend in South African cents per share - 24.17700



Dividend tax will be withheld from the amount of the gross dividend of 24.17700 South African cents per share paid to shareholders on the South African register at the rate of 20 per cent unless a shareholder qualifies for exemption.



After the dividend tax has been withheld, the net dividend will be 19.34160 South African cents per share.



For the avoidance of doubt, dividend tax, and therefore the information provided in this announcement, is only of direct application to shareholders on the South African register.
06-Dec-2017
(Official Notice)
SERE announced that its annual general meeting (the "AGM") will be held on Wednesday, 21 February 2018 at 12 noon at 31 Gresham Street, London EC2V 7QA.



Shareholders can view the meeting details at www.schroders.co.uk/sereit from today, 6 December 2017.



The date on which South African shareholders must be recorded as such in the share register to be eligible to attend and vote at the annual general meeting is Friday, 16 February 2018, with the last day to trade being Tuesday, 13 February 2018.



The notice of AGM will shortly be dispatched to shareholders.
06-Dec-2017
(Official Notice)
06-Dec-2017
(C)
17-Nov-2017
(Official Notice)
The Board of Schroder EUROPEAN Real Estate Investment Trust plc (the ?Company?) announces that, from 1 January 2018, Jeff O?Dwyer will take over all day-to-day responsibilities for portfolio management of the Company, and Tony Smedley will cease to be involved. Jeff has been involved in the management of the portfolio since IPO, and the Board considers this to be a natural progression.



The Company?s investment strategy and objectives will remain unchanged. The Schroder Real Estate Investment Committee will continue to provide oversight and approvals for key transactions. Duncan Owen (Global Head of Real Estate and chair of the Investment Committee) and Andrew MacDonald will continue to work closely with Jeff O?Dwyer on the Company. The local real estate teams in France, Germany and Scandinavia will continue to manage the portfolio?s assets.

14-Nov-2017
(Official Notice)
Schroder European Real Estate Investment Trust plc will announce results for the year ended 30 September 2017 on Wednesday, 6 December 2017.



A breakfast presentation for analysts and investors will be held in London at 0830 GMT. For more details please contact Stephanie Carbonneil.



A webcast presentation will take place at 1000 GMT / 1200 SAST, registration for which can be accessed via: www.schroders.com/en/uk/adviser/webconferences2/schroder-european-real-estate- investment-trust-results-dec-17/

21-Sep-2017
(Official Notice)
SERE announced that it has agreed two new lettings, and is in negotiation to secure a new tenant, collectively accounting for c. 4,500 sqm of space, at its Saint Cloud asset in Ile de France, Western Paris.

? A lease extension and 555 sqm expansion with Outscale, the cloud operating system company, taking its total occupancy at the asset to 1,695 sqm secured;

? A new six year lease agreement with Ethypharm, a pharmaceutical company, for 2,450 sqm; and

? Ongoing discussions for a new 12 year lease with a governmental body, for ca. 400 sqm of vacant storage accommodation.



Following these new lease agreements the asset will be fully let, increasing the WAULT from 4.7 to 5.9 years1 and improving income returns and revenue security, a key reflection of the asset?s dominant position in a fast growing suburb of Paris. The Company recently implemented a value-enhancing refurbishment programme, comprising the full renovation of lift lobbies, with completion due in the second half of 2018.



Acquired in February for EUR30 million, the c. 15,800 sqm office building is valued at EUR33.1 million (as at 30 June 2017), a 10% increase relative to purchase price. The property will be next valued at 30 September 2017. The property exhibits all those characteristics sought by SERE in its assets including good natural light, divisible floor plates and attractive views over Paris. The location will also improve even further as a result of nearby infrastructure developments with the completion of the Grand Paris public transport due in 2025 immediately alongside the building.
21-Aug-2017
(Official Notice)
On 25 July 2017, SERE announced its third interim dividend for the year ending 30 September 2017 of EUR1.5 cents per share. Shareholders on the UK register will receive their dividends in sterling, unless an election is completed and registered with the Company's registrars. The deadline for the currency election in respect of the forthcoming interim dividend payment was 18 August 2017.



This announcement confirms that the currency exchange rate applicable for the interim dividend for shareholders on the UK register who did not make a currency election before the applicable deadline and who therefore will receive their dividend in sterling is:

Declared dividend : Exchange rate - Dividend to be paid for those receiving dividends in sterling

* EUR1.5 cents per share : 0.91160 - GBP1.36740 pence per share



The dividend will be paid on 1 September 2017 to shareholders who were on the register at the close of business on 18 August 2017.
07-Aug-2017
(Official Notice)
On 25 July 2017, Schroder announced its third interim dividend for the year ending 30 September 2017 of EUR1.5 cents per share. The currency exchange rate applicable for the dividend payable in South African cents to shareholders on the South African register is based on the exchange rate on 7 August 2017 and is set out below:



Declared dividend - Exchange rate - Dividend in South African cents per share

* EUR1.5 cents per share - 15.86000 - 23.79000



Dividend tax will be withheld from the amount of the gross dividend of 23.79000 South African cents per share paid to shareholders on the South African register at the rate of 20 per cent unless a shareholder qualifies for exemption. After the dividend tax has been withheld, the net dividend will be 19.03200 South African cents per share. For the avoidance of doubt, dividend tax, and therefore the information provided in this announcement, is only of direct application to shareholders on the South African register.
25-Jul-2017
(Official Notice)
25-Jul-2017
(Official Notice)
26-Jun-2017
(Official Notice)
On 25 May 2017, SERE announced its second interim dividend for the year ending 30 September 2017 of EUR1.2 cents per share. Shareholders on the UK register will receive their dividends in sterling, unless an election is completed and registered with the Company's registrars. The deadline for the currency election in respect of the forthcoming interim dividend payment was 23 June 2017.



This announcement confirms that the currency exchange rate applicable for the interim dividend for shareholders on the UK register who did not make a currency election before the applicable deadline and who therefore will receive their dividend in sterling is:

Declared dividend : Exchange rate - Dividend to be paid for those receiving dividends in sterling

* EUR1.2 cents per share : 0.87900 - 1.05480 pence per share



The dividend will be paid on 7 July 2017 to shareholders who were on the register at the close of business on 23 June 2017.
13-Jun-2017
(Official Notice)
On 25 May 2017, Schroder European Real Estate Investment Trust plc (the ?Company?) announced its second interim dividend for the year ending 30 September 2017 of EUR1.2 cents per share.



The currency exchange rate applicable for the dividend payable in South African cents to shareholders on the South African register is based on the exchange rate on 13 June 2017 and is set out below:

*Declared dividend - EUR1.2 cents per share

*Exchange rate - 14.39000

*Dividend in South African cents per share - 17.26800



Dividend tax will be withheld from the amount of the gross dividend of 17.26800 South African cents per share paid to shareholders on the South African register at the rate of 20 per cent unless a shareholder qualifies for exemption.



After the dividend tax has been withheld, the net dividend will be 13.81440 South African cents per share.



For the avoidance of doubt, dividend tax, and therefore the information provided in this announcement, is only of direct application to shareholders on the South African register.
25-May-2017
(C)
Rental income was recorded at EUR7.4 million (2016: Rnil). Operating profit before net finance costs rose to EUR5.3 million (2016: loss of EUR1.9 million). Profit for the period climbed to EUR4.6 million (2016: loss EUR1.9 million). In addition, headline earnings per share was EUR1.9 cents per share (2016: headline loss per share of EUR1.1 cents per share).



Dividend

The company has declared a second interim dividend in respect of the year-ending 30 September 2017 of EUR1.2 cents per share payable on 7 July 2017 to shareholders on the register on 23 June 2017. This represents the third consecutive increase in dividend rates since the company's IPO. The latest declared dividend represents an annualised rate of 3.5% based on the euro equivalent of the issue price at admission. The company is targeting an annualised euro dividend yield of 5.5% based on the euro equivalent share price as at admission and fully covered by contractual income receivable from the portfolio.



Company outlook

The company has executed the strategy outlined at IPO and has constructed a portfolio aligned to the investment objective. It provides shareholders with a regular and attractive level of income together with the potential for long-term income and capital growth.



Recent political developments and economic data suggest the backdrop in Western Europe is stable, which is expected to have a positive impact on the local real estate markets. Alongside this, occupier demand may also be further strengthened as the outcome of the Brexit negotiations becomes clearer. Some international businesses have already made announcements about relocating operations to Continental European cities in which the company is already invested. Such winning cities are also likely to be more resilient in the event of a change in market conditions.



We will continue to implement the strategy and actively manage the portfolio in order to maximise investment performance. This will be important in supporting the growth of the company.

25-May-2017
(Official Notice)
SERE announced its second interim dividend for the year ended 30 September 2017 of EUR1.2 cents per share. The dividend represents an annualised rate of 3.5% based on the euro equivalent of the issue price as at admission.



The dividend is fully covered from contractual income receivable from the current portfolio. Once fully invested, including the debt being drawn, the company?s objective is to pay an annualised euro dividend yield of 5.5% based on the euro equivalent of the issue price as at admission.



The interim dividend payment will be made on 7 July 2017 to shareholders on the register on the record date of 23 June 2017. In South Africa, the last day to trade will be 20 June 2017 and the ex- dividend date will be 21 June 2017. In the UK, the last day to trade will be 21 June 2017 and the ex- dividend date will be 22 June 2017.



The interim dividend will be paid in GBP to shareholders on the UK register and rand to shareholders on the South African register. The exchange rate for determining the interim dividend paid in rand will be confirmed by way of an announcement on 13 June 2017. UK shareholders are able to make an election to receive dividends in euros. The form for applying for such election can be obtained from the company?s UK registrars (Equiniti Ltd) and any such election must be received by the company no later than 23 June 2017. The exchange rate for determining the interim dividend paid in GBP will be confirmed following the election cut off date by way of an announcement on 26 June 2017.



Shares cannot be moved between the South African register and the UK register between 13 June 2017 and 23 June 2017, both days inclusive. Shares may not be dematerialised or rematerialised in South Africa between 21 June 2017 and 23 June 2017, both days inclusive.

23-May-2017
(Official Notice)
16-May-2017
(Official Notice)
Schroder European Real Estate Investment Trust plc will announce its results for the half year ended 31 March 2017 on Thursday, 25 May 2017.



A breakfast presentation for analysts and investors will be held in London at 08.30 BST.



A webcast presentation will take place at 14.30 BST/15.30 SAST, registration for which can be accessed via: www.schroders.com/en/uk/adviser/webconferences2/schroder-european-real- estate-investment-trust-results/



06-Mar-2017
(Official Notice)
On 9 February 2017, SERE announced its first interim dividend for the year ending 30 September 2017 of EUR1.0 cents per share. Shareholders on the UK register will receive their dividends in sterling, unless an election is completed and registered with the Company's registrars. The deadline for the currency election in respect of the forthcoming interim dividend payment was 3 March 2017.



This announcement confirms that the currency exchange rate applicable for the interim dividend for shareholders on the UK register who did not make a currency election before the applicable deadline and who therefore will receive their dividend in sterling is:

Declared dividend - Dividend to be paid for those receiving dividends in sterling

* EUR1.0 cents per share - 0.86380 pence per share



The dividend will be paid on 17 March 2017 to shareholders who were on the register at the close of business on 3 March 2017.
28-Feb-2017
(Official Notice)
The Board of Schroder European Real Estate Investment Company plc notes the announcement by the South African Minister of Finance on 22 February 2017, advising that the South African dividend withholding tax rate has been increased from 15% to 20%, effective for South African dividends declared with a payment date on or after 22 February 2017.



On 9 February 2017, the Company announced its first interim dividend for the period to 30 September 2017 of EUR1.0 cents per share. While the dividend declaration timetable will remain unchanged, South African shareholders are hereby advised that the net dividend amount announced on 21 February 2017 has now been adjusted to take account of the increased withholding tax rate, as set out below.



*Declared dividend - EUR1.0 cents per share

*Exchange rate - 13.85250

*Dividend in South African cents per share - 13.85250



Dividend tax will be withheld from the amount of the gross dividend of 13.85250 South African cents per share paid to shareholders on the South African register at the rate of 20 per cent unless a shareholder qualifies for exemption.



After the dividend tax has been withheld, the net dividend will be 11.08200 South African cents per share. For the avoidance of doubt, dividend tax, and therefore the information provided in this announcement, is only of direct application to shareholders on the South African register.



21-Feb-2017
(Official Notice)
On 9 February 2017, Schroder European Real Estate Investment Trust plc (the "Company") announced its first interim dividend for the period to 30 September 2017 of 1.0 euro cents per share.



The currency exchange rate applicable for the dividend payable in South African cents to shareholders on the South African register is based on the exchange rate on 21 February 2017 and is set out below:

*Declared dividend: 1.0 euro cents per share

*Exchange rate: 13.85250

*Dividend in South African cents per share:13.85250



Dividend tax will be withheld from the amount of the gross dividend of 13.85250 South African cents per share paid to shareholders on the South African register at the rate of 15 per cent unless a shareholder qualifies for exemption. After the dividend tax has been withheld, the net dividend will be 11.77463 South African cents per share. For the avoidance of doubt, dividend tax, and therefore the information provided in this announcement, is only of direct application to shareholders on the South African register.
09-Feb-2017
(Official Notice)
08-Feb-2017
(Official Notice)
Schroder European Real Estate Investment Trust plc (the ?company?) announced that at the Annual General Meeting of the company held at 100 Wood Street, London EC2V 7ER on Wednesday, 8 February 2017, resolutions numbered 1 to 11 as set out in the Notice of Meeting were duly passed.
02-Feb-2017
(Official Notice)
Further to the announcement made on 28 October 2016, Schroder European Real Estate Investment Trust Plc (?SERE? or the "Company"), the company investing in European growth cities, announces that it has completed the purchase of a multi-tenanted office property in Saint Cloud, Ile de France, Paris, for approximately EUR30 million.



This is the eighth acquisition by SERE, which has now invested EUR185 million at a blended net initial yield of approximately 6.3%, in selected liquid and established Western European growth cities.



Fully let to 12 tenants, the c. 15 800 sqm office building represents the best office space within the larger 65 000 sqm complex, benefiting from good natural light, divisible floor plates and attractive views over Paris. The current average WAULT is 5 years, with annual lease indexation and affordable rents. The strategic plan for the asset is to maximise income returns, stabilise the existing rent roll and grow rents over time. With an established presence in the Paris market, Schroder REIM is well positioned to add value to the investment.



The new Grand Paris public transport connection will be completed alongside the building in 2025, which is expected to provide significantly improved accessibility to this part of Paris. Saint Cloud is a mixed use office and residential area that already benefits from good transport connectivity, being in close proximity to the Paris ring road and with nearby metro, train and tramway stations.



The acquisition is entirely consistent with the Company?s stated strategy of investing in growth cities benefiting from urbanisation, demographic change and infrastructure improvements.



27-Jan-2017
(Official Notice)
Schroder European Real Estate Investment Trust plc, which invests in European growth cities, announces that it will be hosting an investor and sell-side analyst event on 30 January 2017, between 12.30 p.m. ? 14.00 p.m.



The event will take the form of a presentation by management followed by a Q-A session.



No material that could be considered price sensitive will be disclosed in the presentation, which will be available here at the conclusion of the event: www.schroders.com/en/uk/adviser/fund-centre/funds-in-focus/schroder-european-real- estate-investment-trust/



16-Jan-2017
(Official Notice)
On 14 December 2016, Schroder European Real Estate Investment Trust plc (the ?Company?) announced its second interim dividend for the period to 30 September 2016 of EUR0.9 cents per share.



Shareholders on the UK register will receive their dividends in sterling, unless an election is completed and registered with the Company's registrars. The deadline for the currency election in respect of the forthcoming interim dividend payment was 13 January 2017.



This announcement confirms that the currency exchange rate applicable for the interim dividend for shareholders on the UK register who did not make a currency election before the applicable deadline and who therefore will receive their dividend in sterling is:

*Declared dividend - EUR0.9 cents per share

*Exchange rate - 0.87780

*Dividend to be paid for those receiving dividends in sterling - GBP0.79002 pence per share



The dividend will be paid on 27 January 2017 to shareholders who were on the register at the close of business on 13 January 2017.



14-Dec-2016
(C)
SERE released their maiden results for the year ended 30 September 2016. Rental income was recorded at EUR4.9 million. Operating loss before net finance costs was EUR3.2 million. Loss for the year came in EUR3.4 million. Furthermore, headline earnings per share were EUR0.7 cents per share.



Dividend

The company paid its first dividend of EUR0.8 cents per share in September 2016. Directors have declared a second interim dividend in respect of the period to 30 September 2016 of EUR0.9 cents per share based on the number of shares in issue as at the publishing date of the annual report. This represents an annualised rate of 2.6% based on the Euro equivalent of the issue price at admission. The total dividend in respect of the 2016 financial year is EUR1.7 cents per share.



Outlook

Despite the competitive investment environment for yielding assets in Continental Europe and the volatile macro-economic environment, the Investment Manager has been successful in acquiring attractive assets for the company in the target markets. The focus remains on finding value in those markets and ensuring continued portfolio diversification. The company will continue to take advantage of Schroders? wider real estate fund management, research and strategy expertise (EUR11.8 billion AUM and 81 real estate professionals as at 30 September 2016) to identify, acquire and actively manage the growing portfolio. The Investment Manager is based in the target markets and best placed to identify the growth segments of the market.



This has been a particularly active first reporting period for the company. The next stage for the company is to maximise investment performance from its current portfolio, meet the dividend target and secure accretive new investments to support the medium term growth strategy. Current market conditions appear conducive to such a strategy and the company looks forward to working together to deliver this.

03-Jan-2017
(Official Notice)
On 14 December 2016, Schroder European Real Estate Investment Trust plc (the ?Company?) announced its second interim dividend for the period to 30 September 2016 of EUR0.9 cents per share.



The currency exchange rate applicable for the dividend payable in South African cents to shareholders on the South African register is based on the exchange rate on 3 January 2017 and is set out below:



*Declared dividend - EUR0.9 cents per share

*Exchange rate - 14.28500

*Dividend in South African cents per share - 12.85650



Dividend tax will be withheld from the amount of the gross dividend of 12.85650 South African cents per share paid to shareholders on the South African register at the rate of 15 per cent unless a shareholder qualifies for exemption.



After the dividend tax has been withheld, the net dividend will be 10.92803 South African cents per share.



For the avoidance of doubt, dividend tax, and therefore the information provided in this announcement, is only of direct application to shareholders on the South African register.



01-Nov-2016
(Official Notice)
In accordance with the Financial Conduct Authority?s Disclosure Guidance and Transparency Rule 5.6.1, Schroder announced that its issued share capital consists of 133 734 686 Ordinary shares. Accordingly, the total number of voting rights in the Company is 133 734 686.



The above figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Disclosure Guidance and Transparency Rules.
28-Oct-2016
(Official Notice)
Following the successful equity placing on 28 October 2016, the Board of Schroder European Real Estate Investment Trust Plc (the "Company") announces the exchange of contracts for the purchase of a ?30.1 million office property located in Saint Cloud, Paris, reflecting a net initial yield of 9.5%. The asset is fully income producing and comprises part of an established office complex in Saint Cloud, a densely populated mixed use area in the west of Paris. The new Grand Paris public transport connection will be completed alongside the building in 2025, which is expected to provide significantly improved accessibility to this part of Paris.



The investment is fully in line with the Company's strategy to acquire income producing assets in winning cities, let off sustainable rents and in locations that benefit from constrained supply, multiple competing uses and where there are significant infrastructure improvements. Commenting on the acquisition, Sir Julian Berney, Non-Executive Chairman of the Company commented:



The purchase is subject to a waiver of the statutory pre-emption rights in France and is therefore expected to complete at the end of December 2016.
24-Oct-2016
(Official Notice)
Further to the announcement dated 10 October 2016 the Board of SERE announces the successful issue of new Ordinary Shares.



Commitments for 12,500,000 new Ordinary Shares were received under the Placing and accordingly, a total of 12,500,000 new Ordinary Shares ("New Shares") have therefore been placed, subject to Admission, by Numis Securities Ltd. ("Numis") and PSG Capital (Pty) Ltd. (?PSG Capital?) at a price of 120 pence per share, raising gross proceeds of approximately GBP15 million. The New Shares represent approximately 10.3% of the issued ordinary share capital of the Company prior to the Placing. The New Shares issued pursuant to the Placing will rank pari passu in all respects with the existing Ordinary Shares (save for any dividends or other distributions declared, made or paid on the Ordinary Shares by reference to a record date prior to the allotment of the relevant New Shares).



Applications will be made to the UK Listing Authority and the London Stock Exchange for the New Shares issued pursuant to the Placing to be admitted to the premium segment of the Official List and to trading on the London Stock Exchange's main market for listed securities as a primary listing. In addition, application will be made to the Johannesburg Stock Exchange (?JSE?) for the New Shares issued pursuant to the Placing to be admitted to trading on the JSE's main board for listed securities. It is expected that such admission will take place at commencement of trading on Friday, 28 October 2016 (or such later date as may be agreed between the Company, Numis and PSG Capital).



Following Admission, the number of Ordinary Shares that the Company has in issue will be 133,743,686. The total number of voting rights of the Company will be 133,743,686 and this figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company, under the Disclosure Guidance and Transparency Rules.
20-Oct-2016
(Official Notice)
Further to the announcement released on 10 October 2016 regarding proposals to issue new Ordinary Shares by way of a placing (the 'Placing'), pursuant to the terms and conditions of the Placing Programme established under the prospectus issued by the Company dated 11 November 2015 (the 'Prospectus') the Board of Schroder European Real Estate Investment Trust plc (the 'Company') is pleased to announce the price at which new Ordinary Shares will be issued (the ?Placing Price?).



The Placing Price is based on the last published NAV per Share as at 30 June 2016, converted into sterling and adjusted for, among other things, the first interim dividend and a premium of approximately 3%. Based on the GBP/EUR exchange rate prevailing as at 19 October 2016 the Placing Price will be 120 pence per share. The Placing is expected to close at 3.00 pm UK time (4.00 pm SA time) on Friday, 21 October 2016 but may close earlier (or later) at the absolute discretion of the Company, in consultation with Numis Securities Ltd. (?Numis?) and PSG Capital (Pty) Ltd. (?PSG Capital?), who are acting as joint placing agents to the Company. The Placing is not being underwritten.



Participation in the Placing in the UK will be available only to persons falling within Articles 49(2)(a) to (d) or 19(5) of the Financial Services and Markets Act 2000 (Financial Promotions) Order 2005 or to persons whom the Ordinary Shares may otherwise lawfully be offered under that Order. Participation in the Placing in South Africa will be available only to persons who are invited to participate and who fall within any of the categories envisaged in section 96(1)(a) of the South African Companies Act or who subscribe for a minimum amount of R1,000,000 (one million Rand) per single addressee acting as principal, as contemplated in section 96(1)(b) of the South African Companies Act. Such persons are invited to apply for new Ordinary Shares by contacting their usual contact at Numis and PSG Capital.
10-Oct-2016
(Official Notice)
23-Aug-2016
(Official Notice)
Schroder European Real Estate Investment Trust plc (the Company) announced its maiden interim dividend for the period to 30 June 2016 of 0.8 euro cents per share.



Shareholders on the UK register will receive their dividends in sterling, unless an election is completed and registered with the Company's registrars. The deadline for the currency election in respect of the forthcoming interim dividend payment was 19 August 2016.



This announcement confirms that the currency exchange rate applicable for the interim dividend for shareholders on the UK register who did not make a currency election before the applicable deadline and who therefore will receive their dividend in sterling is:

Declared dividend : 0.8 euro cents per share

Exchange rate: 0.85275

Dividend to be paid for those receiving dividends in sterling: 0.68220 pence per share



The dividend will be paid on 7 September 2016 to shareholders who were on the register at the close of business on 19 August 2016.
17-Aug-2016
(Official Notice)
The board of Schroder European Real Estate Investment Trust plc (the ?company?) announces that it has completed two new debt facilities in Germany with Deutsche Pfandbrief Bank (?PBB?), for a total of EUR30.5 million and at a blended fixed rate of 1.10%.



The first loan of EUR16.5 million is for a term of 10 years and is secured against the two retail assets acquired earlier in the year in Berlin and Frankfurt. The loan is interest only and represents a loan to value (?LTV?) of approximately 46%, with a fixed rate of interest of 1.31% p.a.



The second loan is secured against the two office buildings owned in Stuttgart and Hamburg and is for EUR14.0 million, representing an LTV of approximately 48%. This loan is also interest only, but has a loan term of seven years and has a fixed rate of interest of 0.85% p.a.



Combined with the EUR18.2 million loan recently announced against the Casino retail assets in France, the company now has total outstanding debt of EUR48.7 million across three facilities, representing an LTV of approximately 24% against the overall gross asset value of the company. The current blended all-in interest rate is 1.19%, substantially below the portfolio net initial yield against purchase price of 5.6% p.a.



Following these financings, the company now has capacity for further investment of approximately EUR70 million and is targeting further accretive acquisitions in the growth cities and regions of continental Europe, in line with its stated strategy.
15-Aug-2016
(Official Notice)
On 29 July 2016, SERE announced its maiden interim dividend for the period to 30 June 2016 of EUR0.8 cents per share. The currency exchange rate applicable for the dividend payable in South African cents to shareholders on the South African register is based on the exchange rate on 15 August 2016 and is set out below:



Exchange rate - Dividend in South African cents per share

* South African cents : 14.85406 - 11.88325



Dividend tax will be withheld from the amount of the gross dividend of 11.88325 South African cents per share paid to shareholders on the South African register at the rate of 15 per cent unless a shareholder qualifies for exemption. After the dividend tax has been withheld, the net dividend will be 10.10076 South African cents per share.
04-Aug-2016
(Official Notice)
The Board of SERE announced it has entered into the Company?s first debt facility, with Credit Agricole, for EUR18.2 million. The loan is secured against the two French grocery retail investments acquired on 28 June 2016 and represents a loan to value against those assets of 45% and a loan to value of approximately 10.5% against the overall gross asset value of the Company.



The seven year interest only loan facility is at a margin of 1.35% above the 3 month Euribor rate. With Euribor currently negative, it is applied at zero, resulting in a current total all-in interest cost of 1.35% p.a., comparing favourably with the portfolio net income return of 5.6% on acquisition. The Company will acquire an interest rate cap to limit the maximum future potential interest cost if Euribor were to increase, to an all-in rate of between 2.35% p.a. and 2.85% p.a.
29-Jul-2016
(Official Notice)
29-Jun-2016
(Official Notice)
02-Jun-2016
(Official Notice)
Further to the announcement on 28 April 2016, the Board of SERE confirmed completion of the purchase of the convenience retail property located in Rodelheim (Frankfurt) at a purchase price of 11.05 million reflecting a net initial yield of 5.6%. The investment is well located in a growing inner urban area of Frankfurt am Main and is anchored by a 1 600 sqm Lidl supermarket with an initial lease term exceeding 10 years. The Company now owns a portfolio of five investments in its key target markets of France and Germany and continues to pursue negotiations on a number of other potential transactions.
02-Jun-2016
(C)
SERE released their maiden interim results for the period ended 31 March 2016. Net operating loss before net finance costs came in at EUR1.873 million, loss for the period attributable to the equity holders of the parent was EUR1.878 million, while headline loss per share was EUR1.1 cents per share.



Dividend policy

Once fully invested, the Company will target an annualised euro dividend yield of 5.5% based on the euro equivalent of the issue price as at admission. In the absence of unforeseen circumstances, the Board continues to target a euro dividend yield during the first operating year of the Company to 30 September 2016 in the region of 1.5% - 2% based on the euro equivalent of the issue price as at admission. The Company intends to declare its first dividend in July 2016 in respect of the period to 30 June 2016 which it expects to be paid in August 2016.



Outlook

Investment markets remain competitive and the challenge for the Investment Manager in the coming months will be to continue to secure properties which fulfil the strategic objectives of the Company. Favoured locations include those winning cities across Continental Europe with a diverse economic base, growing populations, improving infrastructure and liquid occupational/investment markets. The quality of the Company's real estate portfolio will be one of the main factors contributing to long term performance. Whilst the Board and the Investment Manager are focused on the timely deployment of the Company's remaining investment capacity over the coming months, the priority will be to maintain a disciplined investment approach to ensure a portfolio is constructed that enables the investment objectives of the Company to be met over the long term.
28-Apr-2016
(Official Notice)
The board of Schroder European Real Estate Investment Trust plc (the "Company") announces the company's fifth investment since listing on 9 December 2015. Contracts have been signed for the purchase of a convenience retail property located in Germany. The asset is a grocery supermarket anchored, multi-let convenience retail centre located in a growing inner urban region of Frankfurt am Main. The asset was built in 2004 and modernised in 2015 and comprises 4,525 sqm of lettable area. The investment is anchored by a 1,600 sqm Lidl supermarket with an initial lease term exceeding 10 years. The combined weighted average unexpired lease term of all leases is approximately 8 years. The investment was acquired for ?11.05 million, reflecting a net initial yield of 5.6%. The acquisition is fully in line with the strategy of investing in defensive, income producing assets in major cities with the potential for long term growth.



The purchase is subject to the standard land registry notification and is therefore expected to complete during June 2016.



11-Apr-2016
(Official Notice)
Further to the announcement made on 16 February 2016, the Board of Schroder European Real Estate Investment Trust Plc (the "Company") confirms completion of the purchase of two office investments located in Stuttgart and Hamburg (Germany) at a total price of ?28.9 million reflecting a blended net initial yield of 6.0%. The assets are fully let with an average unexpired lease term of over 8 years. Both properties provide efficient and modern office accommodation, are located in established office sub-markets and are well connected to public transport.



The company now owns a portfolio of four assets acquired at a total purchase price of ?90.7 million reflecting a blended net initial yield of 5.9% and a blended unexpired lease term of 7.5 years. The company continues to pursue negotiations on a number of other potential transactions however no firm commitments have been made as at the date of this announcement.



01-Apr-2016
(Official Notice)
Further to the announcement on 1 February 2016 regarding notarisation of the purchase of a retail warehouse property located in Berlin, Germany, the Board of Schroder European Real Estate Investment Trust Plc (the "Company") confirms completion of the purchase at a price of ?24.25 million reflecting a net initial yield of 6.2%. The asset is fully let to a leading DIY specialist, on a triple net basis with a remaining lease term of almost 10 years. The asset is situated on a large prominent site in an established and growing southern suburb of Berlin.



The company now owns a portfolio of two assets acquired at a total purchase price of ?61.8 million. As previously announced the company has also committed to acquire an additional two assets having a total purchase price of ?28.9 million. The company continues to pursue negotiations on a number of other potential transactions however no firm commitments have been made as at the date of this announcement.



31-Mar-2016
(Official Notice)
Further to the announcement on 22 December 2015, the board of Schroder European Real Estate Investment Trust Plc (the "Company") confirms completion of the purchase of the office property located in Boulogne-Billancourt (Paris) at a purchase price of ?37.5 million reflecting a net initial yield of 5.7%. The asset is well located in Boulogne-Billancourt, a densely populated and established office area in western Paris. It is fully let to a leading technology consulting and engineering company at sustainable rents with a remaining lease term of 5 years.



As previously announced, the company has also committed to acquire an additional three assets having a total purchase price of ?53 million. The company continues to pursue negotiations on a number of other potential transactions however no firm commitments have been made as at the date of this announcement.





31-Mar-2016
(Official Notice)
As stated in the prospectus of Schroder European Real Estate Investment Trust plc (the ?Company?) dated 11 November 2015, in order to increase the distributable reserves available to facilitate the payment of future dividends, the company had resolved that, conditional upon First Admission and the approval of the court, the amount standing to the credit of the share premium account of the company immediately following completion of the Initial Placing and Offer be cancelled and transferred to a special distributable reserve.



The company announces that, following the approval of the Court and the subsequent registration of the Court order with the Registrar of Companies on 23 March 2016, the reduction has now become effective. Accordingly, the amount of ?96,749,991 previously held in the share premium account has been cancelled.



Given that the company issued further shares subsequent to First Admission, on 14 December 2015 and on 12 February 2016, there is a balance remaining to the credit of the share premium account following the above cancellation.





16-Feb-2016
(Official Notice)
The Board of Schroder European Real Estate Investment Trust Plc (the "Company") announces the Company's third investment since listing on 9 December 2015. Contracts have been exchanged for the purchase of two office buildings located in Germany's leading office markets Stuttgart and Hamburg, for a total of ?28.9 million at a blended net initial yield of 6.0%. The assets are fully income producing and multi-let to a combination of governmental and private sector tenants, with an average unexpired lease term of c. 8.5 years. Both properties have either been constructed or substantially refurbished in the last decade, are located in established office sub-markets and are well connected to public transport.





The purchase is subject to a waiver of the local authority's statutory pre-emption right and standard land registry notification and is therefore expected to complete at the beginning of April 2016.

11-Feb-2016
(Official Notice)
Schroder European Real Estate Investment Trust Plc (the ?Company?) announces that, following changes made to the Disclosure Rules and Transparency Rules (?DTR?) as a result of the Transparency Directive Amending Directive (2013/50/EU), the company is required to disclose its Home State. Accordingly, in accordance with DTR 6.4.2, the company announces that its Home State is the United Kingdom.





05-Feb-2016
(Official Notice)
02-Feb-2016
(Official Notice)
01-Feb-2016
(Official Notice)
Following the listing on 9 December 2015 and the recent exchange of contracts for the acquisition of the Boulogne-Billancourt (Paris) office investment, the board of Schroder European Real Estate Investment Trust Plc (the "Company") announces the company?s second exchange of contracts for the purchase of a ?24.25 million freehold retail warehouse property located in Germany's capital, Berlin, at a net initial yield of 6.2%. The asset is fully income producing and let to a leading DIY specialist, on a triple net basis with an unexpired lease term of c. 10 years. The site is in excess of 4 hectares in an established and growing southern suburb of Berlin. The micro location benefits from a broad range of uses including residential, business, industrial and retail trade.



The purchase is subject to a waiver of the local authority?s statutory pre-emption right and standard land registry notification and is therefore expected to complete at the end of the March 2016.



22-Dec-2015
(Official Notice)
The Board of SERE is pleased to announce exchange of contracts for the purchase of a EUR37.5 million freehold office property located in Boulogne-Billancourt (Paris), France at a net initial yield of 5.7%. The asset is fully income producing and has a prominent location in Boulogne-Billancourt, a densely populated and established office area in western Paris. The acquisition is fully in line with the strategy to acquire institutional grade, income producing assets in major cities let off sustainable rents and in supply constrained locations. The purchase is subject to a waiver of statutory pre-emption rights in the French market and is therefore expected to complete at the end of the March 2016.
09-Dec-2015
(Official Notice)
Further to the announcement on 3 December 2015 that it had received commitments to raise gross proceeds of GBP107.5 million in its initial public offering (?IPO?), Schroder European Real Estate Investment Trust PLC (the ?Company") today announces its first day of trading on the Main Market of the London Stock Exchange and the Main Board of the Johannesburg Stock Exchange. On admission, the issued share capital of the Company will be 107 500 000 shares.
25-Jan-2017
(X)


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