Schroder European Real Estate Investment Trust PLC - London and Johannesburg-listed property investor - Says its property portfolio is independently valued at EUR194.0 million as at September 30, up 0.1% from EUR193.9 million at June 30, 2025, supported by active management and rental indexation. But property value fell 6.8% from EUR208.1 million as at September 30, 2024. Read More
Schroder European Real Estate Investment Trust PLC - London and Johannesburg-listed property investor - Net asset value falls slightly to 119.8 euro cents as at June 30, from 120.1 cents at March 31, driven mainly by the share buyback and a shortfall in dividend cover. NAV declines 2.2% from 122.6 cents at June 30, 2024. Read More
Schroder European Real Estate Investment Trust PLC - London and Johannesburg-listed property investor - Property portfolio is independently valued at EUR193.9 million as at June 30, down slightly from EUR194.0 million at March 31, and is 6.9% lower from EUR208.3 million as at June 30, 2024. Says total portfolio values remain resilient in the third quarter of its financial year. Notes that declines in some sectors help offset robust industrial portfolio valuations and an uplift in Berlin. Schroder European Real Estate has changed valuers from Knight Frank to Savills effective from June 30, 2025. Read More
(Alliance News) - Schroder European Real Estate Investment Trust PLC reported on Thursday a return to interim profit and said it is evaluating options to address its discount to net asset value. Read More
Schroder European Real Estate Investment Trust PLC - London and Johannesburg-listed property investor - Says direct investment property portfolio is independently valued at EUR194.0 million at at March 31, reflecting a marginal like-for-like decrease of 0.3%. Says robust industrial portfolio valuations continue to offset declines in other sectors, primarily driven by shortening lease terms. Notes that the EUR11.8 million sale of its grocery asset in Frankfurt will complete this month. Read More
Schroder European Real Estate Investment Trust PLC - London and Johannesburg-listed property investor - Reports that net asset value drops slightly in the first quarter of its financial year. At December 31, NAV per share was 120.5 euro cents, down 1.8% from 122.7 cents at September 30, 2024. Says NAV total return is negative 0.6% for the first quarter. Underlying adjusted quarterly earnings from operational activities is EUR1.9 million before exceptional items, down 5% from EUR2.0 million quarter on quarter. Read More
Schroder European Real Estate Investment Trust PLC - London and Johannesburg-listed property investor - Sells 50% interest in the Metromar joint venture, which owns a shopping centre in Seville, Spain. Says the disposal price is in line with its previous recognition of its interest being of no value. However, the sale strengthens the trust's balance sheet by reducing its net loan-to-value ratio, or portfolio gearing, to 21% from 25%. It also notes that the previously announced sale of a grocery-anchored retail asset in Frankfurt for EUR11.8 million, which is expected to complete on March 31, and the repayment of associated bank debt are expected to further decrease net gearing by at least an additional two percentage points. Read More
Schroder European Real Estate Investment Trust PLC - invests in "European growth cities" - Launches share buyback to be run by broker Panmure Liberum Ltd. Doesn't provide a target size for the buyback, but says it has about EUR25 million in cash currently, and this will rise to EUR28 million once the sale of a grocery property in Frankfurt completes in March. At that point, the REIT's net loan-to-value ratio will be reduced to 21% from 25% currently. The company currently has shareholder permission to buy back up 20.0 million shares, which would be worth GBP12.9 million. It notes that its shares are trading at a discount to net asset value, so repurchasing them "presents an attractive opportunity for shareholders". Read More
Schroder European Real Estate Investment Trust PLC - London and Johannesburg-listed property investor - Says its direct investment property portfolio was independently valued at EUR194.6 million, reflecting a marginal like-for-like decrease of 0.9% for the first quarter that ended December 31. This decline comes as office portfolio valuations and alternative portfolio valuations each fall 2.4%. But the industrial portfolio valuation rises 2.2%, driven by positive investment sentiment translating into stronger investment volumes and yield compression. Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Monday. Read More
Schroder European Real Estate Investment Trust PLC - London and Johannesburg-listed property investor - Sells a grocery anchored retail asset in Frankfurt, Germany, for EUR11.8 million. It acquired the property in April 2016 for around EUR11 million, and has recently completed various asset management initiatives, including securing longer-term leases with Lidl and Fresnapf. Expects the transaction to complete on March 31, 2025, allowing it to retain all income until then. Read More