12th Oct 2026 08:01
Schroder European Real Estate Investment Trust PLC - London and Johannesburg-listed property investor - Says its property portfolio is independently valued at EUR181.9 million as at September 30, its fourth-quarter end, down 1.7% from EUR185.1 million at June 30. Property value is down 6.2% from EUR194.0 million at September 30, 2025. Says the reduction in value is mainly reflects changes in market assumptions by independent valuers rather than underlying operating performance. Notes that the portfolio continues to perform resiliently, despite ongoing macroeconomic uncertainty across Europe.
Stock price in London: 57.80 pence
12-month change: down 9.4%
Stock price in Johannesburg: ZAR12.93
12-month change: down 14%
By Artwell Dlamini, Alliance News senior reporter South Africa
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