Directorate Change

Schroder Real Estate Investment Trust Limited
(the 'Company'')

DIRECTORATE CHANGE

The Board of Schroder Real Estate Investment Trust Limited announce the retirement of Keith Goulborn as a non-executive director of the Company with effect from 31^st March 2018.  The Directors are very grateful to Keith for his wise counsel and significant contribution to the Board over the last fourteen years.

For further information:

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