SCHRODER EUROPEAN REAL ESTATE INV TRUST PLC - Acquisition - Completion Of The Purchase Of The Convenience Retail Property Located In Frankfurt AM Main, Germany

Acquisition - Completion Of The Purchase Of The Convenience Retail Property Located In Frankfurt AM Main, Germany

Schroder European Real Estate Investment Trust PLC
(Incorporated in England and Wales)
Registration number: 09382477
JSE Share Code: SCD
LSE Ticker: SERE
ISIN number: GB00BY7R8K77
                                                                                    2 June 2016


  ACQUISITION - COMPLETION OF THE PURCHASE OF THE CONVENIENCE RETAIL
           PROPERTY LOCATED IN FRANKFURT AM MAIN, GERMANY


Further to the announcement on 28 April 2016, the Board of Schroder European Real Estate
Investment Trust plc (the "Company") confirms 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.


Enquiries:

Duncan Owen/Tony Smedley
Schroder Real Estate Investment Management Limited                   Tel: 020 7658 6000


Ria Vavakis
Schroder Investment Management Limited                               Tel: 020 7658 2371

Sponsor: PSG Capital Proprietary Limited

Date: 02/06/2016 08:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.