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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Schroder European Real Estate Investment Trust Plc | LSE:SERE | London | Ordinary Share | GB00BY7R8K77 | ORD GBP0.10 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.20 | 0.33% | 61.40 | 61.40 | 62.20 | 62.00 | 61.40 | 62.00 | 123,761 | 16:29:55 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Real Estate Investment Trust | 19.67M | -9.38M | -0.0702 | -8.75 | 82.11M |
TIDMSERE
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.
END
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(END) Dow Jones Newswires
July 21, 2020 07:15 ET (11:15 GMT)
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