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SERE - property portfolio valuation
Schroder European Real Estate Investment Trust plc, the Company investing in real estate in European growth cities, provided a valuation update of its property portfolio as at 30 June 2026:
• The property portfolio was independently valued at EUR185.1 million (31 March 2026: EUR192.6 million), representing a EUR7.5 million decrease, or -3.9%, over the quarter.
• The decline reflects weaker investment demand, particularly for secondary offices, driven by heightened macroeconomic uncertainty, alongside inflation and interest- rate concerns. This resulted in further outward yield pressure and more conservative valuation assumptions.
• As announced on 24 June 2026, the Board intends to present formal proposals to shareholders for a managed wind-down of the Company. The managed wind-down process is expected to take approximately two to three years to complete. This timeframe provides flexibility to implement targeted asset management initiatives that will enhance value, reduce execution risk and improve liquidity, helping to maximise shareholder value.
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| Closing price data source: JSE Ltd. All other statistics calculated by ProfileData. |
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