Completion of non-income producing disposals

For release 12 February 2015 Schroder Real Estate Investment Trust Limited (the `Company'/ `Group') Completion of non-income producing disposals The Company announces that it has completed on the disposal of Reynards TradingEstate in Brentford to Notting Hill Home Ownership (`NHHO') for £20.18 millionwhich compares with the independent valuation as at 31 December 2014 of £18million. In a separate transaction, the Company has completed the disposal of its siteat Coventry Road, Hinckley to Redrow Homes Limited for £4.525 million. Theprice is in line with an independent valuation as at 31 December 2014.Thetransaction is structured so that the Company has received an initial paymentof £2.26 million with the balance to be received in nine months withoutcondition. Both properties are non-income producing and proceeds will be reinvested intoincome producing investments in line with the Company's strategy. -ENDS- For further information: Schroder Real Estate Investment Management 020 7658 6000Limited: Duncan Owen / Nick Montgomery Northern Trust: 01481 745529David Sauvarin FTI Consulting: 020 3727 1000Dido Laurimore / Ellie Sweeney