Company update

RNS Number : 6479T

Schroder Eur Real Est Inv Trust PLC

21 July 2020

 

21 July 2020

COMPANY UPDATE

The board of Schroder European Real Estate Investment Trust plc (the 'Company') has been notified that Duncan Owen will be stepping down as the investment manager's Global Head of Real Estate on 31 December 2020. Until that date, we are informed that Mr Owen will continue in that role and will also continue to chair the Real Estate Investment Committee.

From 1 January 2021, Mr Owen will act as a special advisor to the investment manager. In this capacity, he is expected to work with the board and the investment manager's existing team to help drive the Company's strategy and assist in maintaining continuity, including attending board meetings as necessary.

The Company's investment strategy and asset management objectives remain unchanged. The board will continue to monitor the situation.

Enquiries:

Duncan Owen/Jeff O'Dwyer

Schroder Real Estate Investment Management Limited               Tel: [phone]

Ria Vavakis

Schroder Investment Management Limited                                   Tel: [phone]

Dido Laurimore                                                                              Tel: [phone]

FTI Consulting 

 

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