Schroder European REIT's portfolio valuation remains stable amid sector shifts

Schroder European Real Estate Investment Trust PLC (JSE:SCD) announced an independently valued property portfolio of EUR194.0 million as of March 31, 2025. This reflects a slight decrease of -0.3%, or EUR0.6 million, over the quarter. Industrial property valuations increased by 1.8%, or EUR1.3 million, driven by positive investment sentiment and rental increases, offsetting declines in other sectors. Office portfolio valuations saw a smaller decline of 0.9%, or -EUR0.5 million. The company's sole retail asset decreased by 2%, EUR0.6 million. Alternative portfolio valuations fell by 2.7%, EUR0.6 million. In line with governance best practices, the company will change valuers from Knight Frank to Savills effective June 30, 2025.