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SCHRODER EUROPEAN REAL ESTATE INVESTMENT TRUST PLC - Update On Management

Release Date: 17/11/2017 15:30
Code(s): SCD     PDF:  
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Update On Management

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


                                                                                   17 November 2017

                                
                                      Update on management

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.




Enquiries:

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

Estelle Bibby
Schroder Investment Management Limited                                     Tel: 020 7658 3431

JSE Sponsor: PSG Capital Proprietary Limited

This announcement contains inside information.


JSE Sponsor
PSG Capital

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