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Pin to quick picksSchroder Eur.r Regulatory News (SERE)

Share Price Information for Schroder Eur.r (SERE)

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Share Price: 64.40
Bid: 63.60
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Change: 0.40 (0.63%)
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Schroder European Real Estate is an Investment Trust

To provide Shareholders with a regular and attractive level of income return together with the potential for long term income and capital growth through investing in commercial real estate in Continental Europe.

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Company update

21 Jul 2020 12:15

RNS Number : 6479T
Schroder Eur Real Est Inv Trust PLC
21 July 2020
 

21 July 2020

 

COMPANY UPDATE

 

The board of Schroder European Real Estate Investment Trust plc (the 'Company') has been notified that Duncan Owen will be stepping down as the investment manager's Global Head of Real Estate on 31 December 2020. Until that date, we are informed that Mr Owen will continue in that role and will also continue to chair the Real Estate Investment Committee.

 

From 1 January 2021, Mr Owen will act as a special advisor to the investment manager. In this capacity, he is expected to work with the board and the investment manager's existing team to help drive the Company's strategy and assist in maintaining continuity, including attending board meetings as necessary.

 

The Company's investment strategy and asset management objectives remain unchanged. The board will continue to monitor the situation.

 

 

Enquiries:

 

Duncan Owen/Jeff O'Dwyer

Schroder Real Estate Investment Management Limited Tel: 020 7658 6000

 

Ria Vavakis

Schroder Investment Management Limited Tel: 020 7658 2371

 

Dido Laurimore Tel: 020 3727 1000

FTI Consulting

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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