ADVFN Logo

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Registration Strip Icon for default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.

SREI Schroder Real Estate Investment Trust Limited

41.45
0.15 (0.36%)
18 Mar 2024 - Closed
Delayed by 15 minutes
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 Shares Traded Last Trade
  0.15 0.36% 41.45 303,450 16:35:29
Bid Price Offer Price High Price Low Price Open Price
41.40 42.30 43.45 41.40 41.55
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Real Estate Agents & Mgrs 25.23M -54.72M -0.1114 -3.72 203.31M
Last Trade Time Trade Type Trade Size Trade Price Currency
16:35:29 UT 23,879 41.45 GBX

Schroder Real Estate Inv... (SREI) Latest News

Schroder Real Estate Inv... (SREI) Discussions and Chat

Schroder Real Estate Inv... Forums and Chat

Date Time Title Posts
15/3/202413:07SCHRODER REAL ESTATE INVESTMENT TRUST LIMITED2,333
09/7/201800:02Schroder RE (SREI) One to Watch on Monday -
14/3/201220:03SCHRODER REAL ESTATE INVESTMENT TRUST LIMITED-

Add a New Thread

Schroder Real Estate Inv... (SREI) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2024-03-18 16:35:2941.4523,8799,897.85UT
2024-03-18 16:29:2741.40252104.33AT
2024-03-18 16:29:2741.4020886.11AT
2024-03-18 16:23:1741.4019078.66AT
2024-03-18 16:14:5441.45412170.77AT

Schroder Real Estate Inv... (SREI) Top Chat Posts

Top Posts
Posted at 18/3/2024 08:20 by Schroder Real Estate Inv... Daily Update
Schroder Real Estate Investment Trust Limited is listed in the Real Estate Agents & Mgrs sector of the London Stock Exchange with ticker SREI. The last closing price for Schroder Real Estate Inv... was 41.30p.
Schroder Real Estate Inv... currently has 491,080,301 shares in issue. The market capitalisation of Schroder Real Estate Inv... is £203,307,245.
Schroder Real Estate Inv... has a price to earnings ratio (PE ratio) of -3.72.
This morning SREI shares opened at 41.55p
Posted at 15/3/2024 10:48 by flyer61
fordtin - no that's not what is being suggested. SREI's loan is unusual as it is at a particularly good rate and duration. If there was corporate activity with SREI the lender might decide to exercise it's rights. Most commercial loans I have been involved with have clauses that allow the lender a lot of control if things change.
Posted at 15/3/2024 10:35 by speedsgh
How about SREI & PCTN? Similarish portfolios?
Posted at 15/3/2024 10:26 by nickrl
API and SREI would have been a good combination but Aberdeen and Schroders are never going to agree terms to do that.
Posted at 15/3/2024 08:59 by riverman77
From memory the fair value gain on the debt is only worth a couple of per cent to NAV, so can't believe this alone would prevent a deal. More likely, SREI is probably a bit too small to bother with and not really the right type of assets (a fair chunk in offices which won't be attractive to many).
Posted at 15/3/2024 08:46 by flyer61
No the point i'm making is I believe there is a clause that a change of ownership means the loan provider can call the loan in. Why wouldn't they! unless there was something in it for them....a new higher loan rate, one off fee etc etc.

Everything is negotiable however would it be to an acquirers advantage in this case...I doubt it. Ergo I don't think SREI is going to attract a bidder.

Very happy to be proved wrong.
Posted at 15/3/2024 06:49 by raj k
The board seems to have gone quiet. Im no REIT expert but SREI seems to be a well managed one with conservative debt levels. Its still on quite a big discount. I see they are skewing to a green theme. With the size of SREI wouldnt it be a candidate for a takeover?


What are the thoughts of others?
Posted at 27/2/2024 08:53 by spectoacc
2027 is also going to come around (or threaten to come around) sooner than it currently feels.

But otherwise agreed, and if even site-hungry Starbucks needs 12 months free and £850k..

You'd think SREI might feature amongst the bid interest eventually.
Posted at 30/1/2024 04:45 by rambutan2
The big advantage SREI has is the long term cheap debt. A merger of any scale instantly dilutes that advantage away.

Sod the large wealth managers, their portfolios performance will suffer with size and new smaller wealth managers will emerge who will be happy to buy the likes of SREI.

Cost benefits from being a larger trust always turn out to be absolutely minimal, if anything at all, in my long experience.
Posted at 21/11/2023 08:12 by speedsgh
From Chairman's outlook...

"...The Board and Manager also recognise that we need to be proactive addressing the current share price discount to NAV. This has driven the decision to announce an evolution of the strategy. As sustainability considerations become even more important for investors and occupiers, we have a strong conviction that it will clearly help to differentiate the Company and drive more sustainable, risk-adjusted returns."
Posted at 07/6/2022 17:09 by speedsgh
Intersting to compare with Picton Property Income (PCTN). They listed on 19/12/2005 (SREI listed on 23/7/2004). I don't know how to post charts but AFAICS if you compare the SREI share price performance against PCTN from 19/12/2005 to date, Picton has outperformed SREI by just under 100%. NOTE: this is just share price return, not total return.

SLI listed on 20/3/2006. Share price return for SLI is approx 30% better than SREI since SLI listed.
Schroder Real Estate Inv... share price data is direct from the London Stock Exchange

Your Recent History

Delayed Upgrade Clock

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

Support: +44 (0) 203 8794 460 | support@advfn.com