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Share Name Share Symbol Market Type Share ISIN Share Description
Schroder Real Estate Investment Trust Limited LSE:SREI London Ordinary Share GB00B01HM147 ORD SHS NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.30p -0.52% 56.90p 56.50p 57.00p 57.50p 56.40p 56.40p 373,743 16:35:10
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Real Estate Investment & Services 25.6 33.8 6.5 8.8 295.03

Schroder Real Estate Inv... Share Discussion Threads

Showing 451 to 474 of 525 messages
Chat Pages: 21  20  19  18  17  16  15  14  13  12  11  10  Older
DateSubjectAuthorDiscuss
08/6/2015
16:10
54p is my entry point, though with present momentum could go lower
my retirement fund
18/5/2015
07:04
ACQUISITION OF BEDFORD RETAIL WAREHOUSE PARK The Company announces that it has acquired the freehold interest in St.John's Retail Park in Bedfordfor £31.8million reflecting a net initial yield of approximately 6.5%. The property is well located approximately 1.5 milesto the south of Bedford town centre and comprises a130,000 sq ft retail warehouse park let to 12 tenants with an adjoining 11,600 sq ft office building. More....
skinny
07/5/2015
21:07
Falling nicely another 10% and it may get interesting
my retirement fund
29/4/2015
07:13
NAV and Dividend Net Asset Value The Company delivered an unaudited net asset value ('NAV') of £299.2 million or 57.7 pence per share ('pps') as at 31 March 2015. This reflects an increase of 2.9% per share compared with the NAV as at 31 December 2014, or a NAV total return, including the dividend of 0.62 pps, of 4%. The NAV total return over the 12 months to 31 March 2015 was 24.4%. A breakdown of the NAV movement over the quarter is set out below: Dividend payment The Company announces an interim dividend of 0.62 pps for the period 1 January 2015 to 31 March 2015. The dividend payment will be made on 28 May 2015 to shareholders on the register as at 8 May 2015. The ex-dividend date will be 7 May 2015. Following shareholder approval to the REIT conversion proposal the Company expects to enter the UK REIT regime on or around 1 May. The aforementioned dividend for the period from 1 January 2015 to 31 March 2015 will be paid in the normal way and will be paid free of any withholding tax. more....
skinny
31/3/2015
11:38
Having read the link again it looks like the same level of div will be maintained as it is already 90%+ of the relevant profit definition. So just a bit of tax saving.
novision
31/3/2015
11:32
I've probably got this wrong, but if a UK REIT must payout 90% of profit and the current div pay out is only 40% ish, does this mean divs would rise? (allbeit with less cover)or is this just about the tax bill?
novision
31/3/2015
07:02
REIT Proposal Schroder Real Estate Investment Trust Limited (the "Company") has today published a circular (the "Circular") to shareholders setting out proposals to become resident in the United Kingdom for tax purposes, to apply for entry to the REIT Regime, to adopt New Articles and setting out a Notice of Extraordinary General Meeting. more....
skinny
16/2/2015
11:22
For release 12 February 2015 Schroder Real Estate Investment Trust Limited (the `Company'/ `Group') Completion of non-income producing disposals The Company announces that it has completed on the disposal of Reynards Trading Estate in Brentford to Notting Hill Home Ownership (`NHHO') for GBP20.18 million which compares with the independent valuation as at 31 December 2014 of GBP18 million. In a separate transaction, the Company has completed the disposal of its site at Coventry Road, Hinckley to Redrow Homes Limited for GBP4.525 million. The price is in line with an independent valuation as at 31 December 2014.The transaction is structured so that the Company has received an initial payment of GBP2.26 million with the balance to be received in nine months without condition. Both properties are non-income producing and proceeds will be reinvested into income producing investments in line with the Company's strategy.
johnroger
28/1/2015
07:06
NAV AND DIVIDEND Schroder Real Estate Investment Trust Limited announces an unaudited net asset value ('NAV') of £290.7 million or 56.1 pence per share ('pps') as at 31 December 2014. This reflects an increase of 1.8% per share compared with the NAV as at 30 September 2014, or a NAV total return, including the dividend of 0.62 pps, of 3%.The NAV total return over the 12 months to 31 December 2014 was 24.5% Dividend payment The Company announces an interim dividend of 0.62 pps for the period 1 October 2014 to 31 December 2014. Following the issuance of 47 million shares on 20 November 2014 the quarterly dividend payment increases from £2.9 million to £ 3.2 million. The dividend payment will be made on 27 February 2015 to shareholders on the register as at 6 February 2015. The ex-dividend date will be 5 February 2015. Over the quarter to 31December 2014 dividend cover was101% excluding exceptional items and non-recurring expenses.
skinny
18/12/2014
07:08
CENTRAL LONDON ACQUISITION
skinny
29/11/2014
23:17
Yes, but nothing much new there....that one has been effectively bust for the last five years. Continued trading only for the purpose of redeeming as much as possible of what it owed.
redsonning
28/11/2014
13:20
More up to date data from IPD.... hxxp://www.ipd.com/about/media_centre/news_archive/2014/IPD%20UK%20Monthly%20index%20-%20July%20press%20release.pdf Extract... UK Commercial Property growth moderates in July, but industrials stand out London 14 August 2014: Commercial property values in the UK rose by 1.1% in July, somewhat less than the 1.6% growth seen in June. This was however the second highest monthly increase of 2014 to date, indicating that the recovery in values that began in May 2013 continues to build. According to the IPD UK Monthly Property Index, values have now risen by 11.2% over 15 months of consecutive growth, although overall they are still more than 30% below the peak levels of 2007. As I mentioned one could hardly describe commercial property as being near the top of it's cycle. Where it goes is of course a matter of personal judgement, but I continue to hold....
redsonning
27/11/2014
12:20
Well the general yield is ever falling, quality bonds with reasonable yield are in short supply. If you want yield increasingly you'll need to turn to equities imo. It does look like the stock markets have some way to go yet in the next few years.
envirovision
27/11/2014
12:13
I think one of the real changes in this property cycle is that London real estate has become an asset class for the ultra wealthy, and not just institutional investors. Plenty of wealthy Arabs are quite happy to put £100m into the London commercial property market and also lots of retail investors are desperate for yield and see property as a safer bet than shares or bonds (which I think is historically a new phenomena). I suspect that, unless the market has a major correction, property will continue to be more attractive than bonds or shares for some time yet.
mad foetus
27/11/2014
11:56
I suppose the irrational exuberance could have somewhat further to go as witnessed in the recent placing.
envirovision
27/11/2014
11:53
Interesting read, although this is research nearly 2 years old. Note in the final the conclusion: Irrational exuberance on the part of both, hmmmm
envirovision
27/11/2014
11:49
I'm amazed that anyone could think we are near the top of the commercial property price cycle. As usual the information is freely available on the Internet. hxxp://www.bankofengland.co.uk/publications/Documents/quarterlybulletin/2013/qb130105.pdf
redsonning
27/11/2014
11:14
Its just one crazed shopping spree isn't it, right at the top of the market as well probably ! but shareholders love it.
envirovision
20/11/2014
14:56
Result of Placing The Directors have exercised the right, in consultation with Numis and J.P. Morgan Cazenove, to increase the number of New Shares offered pursuant to the Placing to 47.0 million New Shares. A total of 47,000,000ordinary shares (the "New Shares") have therefore been placed, subject to Admission, by J.P. Morgan Cazenove ("JPMC") and Numis Securities Limited ("Numis") at a price of 57.50p per share, raising gross proceeds of approximately £27.0 million. The New Shares represent approximately 10.0% of the issued ordinary share capital of the Company prior to the Placing.
skinny
19/11/2014
08:27
Doh!! Ok, cheers, thought it was another subscription offer like April.
irnbru2
19/11/2014
07:23
IrnBru2 - we are not (well certainly not me) invited to the party - it is a placing only. "Participation in the Placing will be available only to persons falling within Articles 49(2)(a) to (d) or 19(5) of the Financial Services and Markets Act 2000 (Financial Promotions) Order 2005. Such persons are invited to apply for New Shares by contacting their usual contact at Numis and J.P. Morgan Cazenove. " ACQUISITION OF RETAIL WAREHOUSE The Company announces that it has acquired a retail warehouse in Bletchley, Milton Keynes for £9.9 million, reflecting a net initial yield of 6.5%. The property is let to Matalan Limited for a further 6.5 years at a rent of £675,800 per annum. The property comprises a freehold, 51,488 sq ft, retail warehouse in a prominent position on the south side of Milton Keynes adjacent to the junction of Watling Street and the A5 dual carriageway. The property adjoins a Tesco superstore and is a short distance from complementary retail warehouse occupiers including IKEA and retail parks such as Beacon Retail Park. The property has a flexible planning consent permitting all retail uses except for food and has a site density of 35% with potential for future intensification of use. The rent paid by Matalan equates to £13.14 per sq ft which compares to the rent at Beacon Retail Park of approximately £20 per sq ft. Matalan have sublet 8,500 sq ft of the property to Carpetright Plc at a rent equating to £16.25 per sq ft. Following completion of the acquisition the Company has cash, after adjusting for transaction costs and this quarter's dividend payment, of £15.6 million. This results in a net loan-to-value, based on the independent valuation as at 30 September 2014, and prior to any equity raised under the proposed placing announced on 17 November, of approximately 31%.
skinny
18/11/2014
17:50
Are you guys taking up the shares. I did the last time, has worked out well.
irnbru2
18/11/2014
13:18
Sorry Envirovision - my comment was slightly tongue in cheek. I agree with you entirely - particularly the timing. These are in the 'not too stressful' part of my SIPP and I'll continue to hold for now. Net Asset Value - a near 10% premium.
skinny
18/11/2014
12:52
The falls inevitable really as its more dilution. edit all above nav as well, where is the value?
envirovision
Chat Pages: 21  20  19  18  17  16  15  14  13  12  11  10  Older
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