14th Apr 2026 08:33
Schroder European Real Estate Investment Trust PLC - London and Johannesburg-listed property investor - Says its property portfolio was independently valued at EUR192.6 million for the second quarter that ended March 31, down 0.7% from EUR194.0 million in the first quarter to December 31. At March 31, 2025, valuation also stood at EUR194.0 million. But Schroder European Real Estate says individual assets show more varied performance, with Rumilly and Stuttgart delivering strong valuation growth off the back of lease extensions, offset by the impact of tenant-related setbacks on other assets, particularly in Alkmaar and Cannes.
Current stock price in London: 61.82 pence, down 0.1% on Tuesday
12-month change: down 6.1%
Current stock price in Johannesburg: ZAR14.00
12-month change: down 19%
By Artwell Dlamini, Alliance News senior reporter South Africa
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