Dividend Declaration

For release 8 November 2017

Schroder Real Estate Investment Trust Limited

ANNOUNCEMENT OF DIVIDEND FOR QUARTER TO 30 SEPTEMBER 2017

The Company announces an interim dividend of 0.62 pence per share ('pps') for the period 1 July 2017 to 30 September 2017.  The dividend payment will be made on 6 December 2017 to shareholders on the register as at 24 November 2017.  The ex-dividend date will be 23 November 2017.

The dividend of 0.62 pps will be designated 0.35 pps as an interim property income distribution ('PID') and 0.27 pps as an interim ordinary dividend.

-ENDS-

For further information:

Schroder Real Estate Investment Management Limited: Duncan Owen / Nick Montgomery	020 7658 6000
Northern Trust: James Machon / Fraser Hiddelston	01481 745212
FTI Consulting: Dido Laurimore / Ellie Sweeney	020 3727 1000