Total Voting Rights

1 November 2016

Voting Rights and Capital

In accordance with the Financial Conduct Authority's Disclosure Guidance and Transparency Rule 5.6.1, Schroder European Real Estate Investment Trust plc (the "Company") announces that its issued share capital consists of 133,734,686 Ordinary shares. Accordingly, the total number of voting rights in the Company is 133,734,686.

The above figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Disclosure Guidance and Transparency Rules.

Enquiries:

Ria Vavakis

Schroder Investment Management Limited Tel: 020 7658 2371