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SERE Schroder European Real Estate Investment Trust Plc

65.40
3.00 (4.81%)
17 Jan 2025 - Closed
Delayed by 15 minutes
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 Shares Traded Last Trade
  3.00 4.81% 65.40 580,268 16:35:00
Bid Price Offer Price High Price Low Price Open Price
64.80 66.00 66.00 64.00 65.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Real Estate Investment Trust EUR 19.67M EUR -9.38M EUR -0.0702 -9.26 83.45M
Last Trade Time Trade Type Trade Size Trade Price Currency
17:08:03 O 20,000 65.40 GBX

Schroder European Real E... (SERE) Latest News (5)

Schroder European Real E... (SERE) Discussions and Chat

Schroder European Real E... Forums and Chat

Date Time Title Posts
17/1/202510:49Schroder European Real Estate Inv Trust328

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Schroder European Real E... (SERE) Most Recent Trades

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Schroder European Real E... (SERE) Top Chat Posts

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Posted at 18/1/2025 08:20 by Schroder European Real E... Daily Update
Schroder European Real Estate Investment Trust Plc is listed in the Real Estate Investment Trust sector of the London Stock Exchange with ticker SERE. The last closing price for Schroder European Real E... was 62.40p.
Schroder European Real E... currently has 133,734,686 shares in issue. The market capitalisation of Schroder European Real E... is £86,927,546.
Schroder European Real E... has a price to earnings ratio (PE ratio) of -9.26.
This morning SERE shares opened at 65p
Posted at 17/1/2025 10:15 by gopher
Agree and 15% of existing share is chunky
Posted at 17/1/2025 07:22 by skyship
Share buyback will put a floor under the share price Could well take us back to the 70p level over coming weeks.
Posted at 07/1/2025 13:47 by m_kerr
The sale derisks the investment further, though I was expecting a sale price at least a million or two above given they seemed quite optimistic in previous results. 8 years holding period with a tiny uplift is only a positive given the pessimism baked into the share price.

Seems logical though to sell an asset at book value, then buy back the rest at a near 40% discount.

Its a bit of a Mish mash of higher and low quality assets, with some leasing risk (kpn lease on data centre), but some good upside to the share price at these levels IMV.
Posted at 07/1/2025 10:41 by mjames20
Sale of Frankfurt grocery retail asset for €11.8 million following completion of asset management initiatives



Bought for €11m in 2016. Sold for €11.8m in 2025 after asset management initiatives. No mention of how much the initiatives cost. Perhaps not a particularly good buy?
Posted at 18/12/2024 11:04 by skyship
All rather bizarre. SERE believe no substance in the claim; so no provision made.

If so categorical, why are the French tax authorities so convinced the other way.

All we can do is wait upon events; or cut our losses!
Posted at 18/12/2024 10:00 by lord gnome
Something out of left field? Never heard anything about this before. Another reason to drop the share price. Bah!
Posted at 11/12/2024 14:16 by skyship
Bought back at 65.7p my earlier top-slice when in the 70s.

35% discount and 7.44% yield makes SERE one of the best value REITs.
Posted at 03/10/2024 09:41 by skyship
Another trust sells up as sub-scale and unable to grow due to the large NAV discount.

This today from ROOF:

"As described further below, the Board determined that a sale of the Portfolio was the best means of maximising Shareholder value against a backdrop of persistently wide share price discounts in the investment trust sector, the subscale nature of the Company and consistent shareholder feedback to sell the Portfolio."

About time Schroders recognised that SERE too is too small. It needs to sell in-house, sell to a third party or opt to wind-up.
Posted at 06/9/2024 19:09 by bench2
Wow , +4% share price on decent volume , but will it hold ? With Tritax Eurobox agreeing to a bid by Segro SERE looks a sitting duck on such a big discount .
Posted at 18/5/2024 08:18 by skyship
dip666 - Cowie has it wrong on SERE.

"The explanation is SERE’s very different underlying portfolio of luxury shopping malls and urban office blocks." Yes they have some Office; but the luxury shopping mall is a Lidl store in Frankfurt!



SERE at 64.2p on a Dec'23 NAV discount of 39.8% and a covered yield of 7.94%. Now one of the best value plays in the sector after recent rises elsewhere.
Schroder European Real E... share price data is direct from the London Stock Exchange

Schroder European Real E... Frequently Asked Questions (FAQ)

What is the current Schroder European Real E... share price?
The current share price of Schroder European Real E... is 65.40p
How many Schroder European Real E... shares are in issue?
Schroder European Real E... has 133,734,686 shares in issue
What is the market cap of Schroder European Real E...?
The market capitalisation of Schroder European Real E... is GBP 83.45M
What is the 1 year trading range for Schroder European Real E... share price?
Schroder European Real E... has traded in the range of 58.40p to 74.00p during the past year
What is the PE ratio of Schroder European Real E...?
The price to earnings ratio of Schroder European Real E... is -9.26
What is the cash to sales ratio of Schroder European Real E...?
The cash to sales ratio of Schroder European Real E... is 4.42
What is the reporting currency for Schroder European Real E...?
Schroder European Real E... reports financial results in EUR
What is the latest annual turnover for Schroder European Real E...?
The latest annual turnover of Schroder European Real E... is EUR 19.67M
What is the latest annual profit for Schroder European Real E...?
The latest annual profit of Schroder European Real E... is EUR -9.38M
What is the registered address of Schroder European Real E...?
The registered address for Schroder European Real E... is 1 LONDON WALL PLACE, LONDON, EC2Y 5AU
What is the Schroder European Real E... website address?
The website address for Schroder European Real E... is www.schroders.co.uk/sereit
Which industry sector does Schroder European Real E... operate in?
Schroder European Real E... operates in the REAL ESTATE INVESTMENT TRUST sector

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