Schroder Real Estate Update on the Investment Manager
21 Luglio 2020 - 08:00AM
UK Regulatory
TIDMSREI
For release 21 July 2020
Schroder Real Estate Investment Trust Limited
("SREIT"/ the "Company" / "Group")
ANNOUNCEMENT UPDATE ON THE INVESTMENT MANAGER
The board of Schroder Real Estate Investment Trust ("SREIT"), the actively
managed UK-focused REIT, has been notified that Duncan Owen, SREIT's Fund
Manager since IPO in 2004, has decided to step down from his role as Global
Head of Real Estate at Schroders REIM ("SREIM"). Duncan Owen will remain at
SREIM as Global Head of Real Estate until 31st December 2020.
From 1st January 2021 Duncan will become a special advisor to SREIM with a
focus on SREIT. This will mean he will continue to work closely with the board
and the existing team including Nick Montgomery, assisting Schroders in
fulfilling its role as the appointed investment manager. SREIT's investment
strategy and objectives remain unchanged. The board of Schroder Real Estate
Investment Trust will continue to monitor the position closely.
-ENDS-
For further information:
Schroder Real Estate Investment Management 020 7658 6000
Limited:
Duncan Owen / Nick Montgomery
J.P. Morgan Cazenove: 020 7742 4000
William Simmonds
Northern Trust: 01481 745529
Lisa Garnham
FTI Consulting: 020 3727 1000
Dido Laurimore / Richard Gotla
This announcement contains inside information.
END
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