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SREI Schroder Real Estate Investment Trust Limited

46.50
-0.10 (-0.21%)
22 Jan 2025 - 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
  -0.10 -0.21% 46.50 798,530 16:29:54
Bid Price Offer Price High Price Low Price Open Price
46.50 47.00 47.70 46.50 47.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Real Estate Agents & Mgrs 27.14M 3.02M 0.0062 75.00 227.93M
Last Trade Time Trade Type Trade Size Trade Price Currency
16:43:44 O 193,633 46.50 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
31/12/202411:53SCHRODER REAL ESTATE INVESTMENT TRUST LIMITED2,481
09/7/201800:02Schroder RE (SREI) One to Watch on Monday -
14/3/201220:03SCHRODER REAL ESTATE INVESTMENT TRUST LIMITED-

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

Trade Time Trade Price Trade Size Trade Value Trade Type
2025-01-22 16:43:4546.50193,63390,039.35O
2025-01-22 16:35:2046.50228,363106,188.80UT
2025-01-22 16:29:4146.507,1003,301.50AT
2025-01-22 16:29:2346.90759355.97AT
2025-01-22 16:29:2346.909,2414,334.03AT

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

Top Posts
Posted at 22/1/2025 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 46.60p.
Schroder Real Estate Inv... currently has 489,110,576 shares in issue. The market capitalisation of Schroder Real Estate Inv... is £227,436,418.
Schroder Real Estate Inv... has a price to earnings ratio (PE ratio) of 75.00.
This morning SREI shares opened at 47p
Posted at 26/11/2024 07:02 by skinny
High income return and sector leading debt profile underpins earnings growth, a fully covered and growing dividend, and a 4.0% NAV total return

- Net asset value ('NAV') increased by 1.0% to £290.7 million or 59.4 pps (31 March 2024: £287.4 million, or 58.8 pps), driven by ERV growth of 1.7%, with yields stabilising

- Dividends paid in the period totalling £8.3 million, or 1.71 pps (30 September 2023: £8.2 million, or 1.67 pps), 102% covered by EPRA earnings

- Positive NAV total return of 4.0% (30 September 2023: 1.1%)

- Long debt maturity profile of 9.1 years and a low average interest cost of 3.5%, with 89% of debt either fixed or hedged against movements in interest rates

- Further 3% increase in the quarterly dividend to 0.879 pps for the quarter ended 30 September 2024, to be paid in December 2024

Active management and increased allocation to higher growth sectors delivering continued rental growth and sustained long term outperformance against the MSCI Benchmark

- Long-term outperformance of the underlying portfolio recognised in the 'MSCI UK and European Property Investment Awards 2023', winning the 'Highest 10-year risk adjusted relative return' for all UK and Continental European funds, with a total return of 8.45% per annum to 31 December 2023

- Attractive underlying portfolio yield profile, with a net initial yield of 6.1% (MSCI Benchmark: 5.1%) and a reversionary yield of 8.5% (MSCI Benchmark: 6.1%) (31 March 2024: 8.4%)

- Like-for-like and net of capex the portfolio valuation increased by 0.9% to £465.5 million (31 March 2024: £459.3 million)

- 45 new lettings, rent reviews and renewals across 476,000 sq. ft completed since the start of the period, totalling £4.8 million in annualised rental income

- Six-month total return from the underlying portfolio of 3.8% (MSCI Benchmark: 2.6%), largely driven by a higher income return of 2.9% (MSCI Benchmark: 2.4%)

- Post period end, completed £1.475 million disposal of non-core office asset in Bedford, 23% ahead of 30 September 2024 book value

Progressed sustainability strategy, which underpins our active management

- Further progress delivering on the Company's sustainability and Net Zero Carbon ('NZC') commitments, with four asset-level NZC audits completed

- Retained Gold award for reporting under the EPRA Sustainability Best Practice Recommendations, for the seventh year running

- Maintained the Company's Global Real Estate Sustainability Benchmark ('GRESB') score of 79 out of 100, placing second amongst a peer group comprising seven UK diversified listed REITs (2023: first of six)

Alastair Hughes, Chair of the Board, commented:

"We have witnessed some yield compression for the first time since June 2022 and, perhaps more importantly, tenant demand outstripping available supply in several sectors driving rental growth and overall returns. This favourable momentum combined with our quality portfolio, strategic asset management, cost discipline and our low cost of debt should provide the opportunity for sustained and growing income."
Posted at 22/11/2024 10:59 by shieldbug
SREI has become one of my largest holdings. Started buying during ridiculously cheap times of Covid and continued into the 50p+ range. Average prices under 40p not including divis that keep coming. Not selling any.
Posted at 12/10/2024 17:55 by nickrl
SREI merger with CREI or PCTN would be good fit but unlikely although SREI board more likely to sell out than the others.
Posted at 12/10/2024 14:48 by jbarcroftr
SREI has finance fixed for the next six or so years
As it is subscale I think their will be corporate action sooner rather than later
In the meantime I just collect the dividends
SERE although very different assets is also subscale and I hold with the same reasoning
Posted at 12/10/2024 12:33 by skyship
SREI has had quite a bit of positive press coverage recently. Accordingly the share price has moved up to a rather over-valued level IMO.

At 51.7p the discount now a mere 11.9% and the yield an unremarkable 6.47%.

Chart in the Header shows signs of topping out and beginning a slight reversal.

Time to play in some of the others.

CLI beginning to look rather firmer after the BUY note by Berenbergs. Target 114p v. current 99p, where still on an 8% yield and crazy 56% discount.
Posted at 21/9/2024 15:49 by skyship
RAM - indeed, AEWU, CREI, PCTN & SREI. I however prefer the better value in the Euro generalist SERE. That one still on a 32% discount & 7.2% yield.
Posted at 31/7/2024 18:30 by giltedge1
Good update NAV up over quarter, better than peers BCPT, & PCTN. Also share price has some catching up to do, has not rallied last few months cf others in sector. NAV probably 62p if factor in gain in debt. New builds & refurbishments almost completed so not much cap ex in the current year. As noted by others, vacancies of 11%, higher than what we would like, of that 3% new builds & refurbishments. ERV to capture £9m, thats 50% increase of the current dividend!. Still good value at £0.48, 7% yield.
Posted at 20/7/2024 12:46 by nickrl
@Rongestrich the yield is simply latest divi divided by share price. OCF is just indication of how much it costs to run the trust. The issue with property trusts is what is actually included in the OCF as an element of the running costs of the portfolio can creep in which would be there anyway whether it was a trust or not. Personally i don't take much notice of OCF currently as there has been that many 7% yielders available that its generally swamped. However, if income is being squeezed and divis under threat then I might take a deeper look but generally the valuation falls in harmony with rental squeeze and most have fee structures related to NAV so they will drop back commensurately.
Posted at 27/3/2024 09:06 by flyer61
Across the road from Stanley Green is 100k plus sq ft to let.

SREI share price didn't do well during Covid....
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

Schroder Real Estate Inv... Frequently Asked Questions (FAQ)

What is the current Schroder Real Estate Inv... share price?
The current share price of Schroder Real Estate Inv... is 46.50p
How many Schroder Real Estate Inv... shares are in issue?
Schroder Real Estate Inv... has 489,110,576 shares in issue
What is the market cap of Schroder Real Estate Inv...?
The market capitalisation of Schroder Real Estate Inv... is GBP 227.93M
What is the 1 year trading range for Schroder Real Estate Inv... share price?
Schroder Real Estate Inv... has traded in the range of 41.05p to 53.40p during the past year
What is the PE ratio of Schroder Real Estate Inv...?
The price to earnings ratio of Schroder Real Estate Inv... is 75
What is the cash to sales ratio of Schroder Real Estate Inv...?
The cash to sales ratio of Schroder Real Estate Inv... is 8.38
What is the reporting currency for Schroder Real Estate Inv...?
Schroder Real Estate Inv... reports financial results in GBP
What is the latest annual turnover for Schroder Real Estate Inv...?
The latest annual turnover of Schroder Real Estate Inv... is GBP 27.14M
What is the latest annual profit for Schroder Real Estate Inv...?
The latest annual profit of Schroder Real Estate Inv... is GBP 3.02M
What is the registered address of Schroder Real Estate Inv...?
The registered address for Schroder Real Estate Inv... is TOWN MILLS, NORTH SUITE 2, RUE DU PR��, GUERNSEY, GY1 1LT
What is the Schroder Real Estate Inv... website address?
The website address for Schroder Real Estate Inv... is www.schroders.com
Which industry sector does Schroder Real Estate Inv... operate in?
Schroder Real Estate Inv... operates in the REAL ESTATE INVESTMENT TRUSTS & LRT sector

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