SCHRODER EUROPEAN REAL ESTATE INVESTMENT TRUST PLC - Portfolio value uplift supported by active management and rental indexation

Portfolio value uplift supported by active management and rental indexation

Schroder European Real Estate Investment Trust PLC
(Incorporated in England and Wales)
Registration number: 09382477
JSE Share Code: SCD
LSE Ticker: SERE
ISIN number: GB00BY7R8K77
 (the "Company")


                             PROPERTY PORTFOLIO VALUATION

      PORTFOLIO VALUE UPLIFT SUPPORTED BY ACTIVE MANAGEMENT AND RENTAL
                                  INDEXATION

Schroder European Real Estate Investment Trust plc, the Company investing in real estate in
European growth cities, today provides an update on the independent valuation of its
property portfolio as at 30 September 2025.

•   The property portfolio was independently valued at €194.0 million, reflecting a marginal
    valuation increase of 0.1%, or €0.1 million, over the quarter.
•   The Berlin DIY asset delivered a second consecutive quarter of valuation growth with an
    uplift of €0.4 million, or 0.15%, following the expiry of rent-free periods, part of the
    terms of the recently completed 12-year lease extension.
•   Industrial valuations continue to perform strongly, with notable valuation increases in
    Houten (€0.2 million, or 1.7%) and Venray I&II (€0.1 million, or 0.8%), offsetting modest
    reductions in Nantes (-€0.1 million, or -0.9%) and Alkmaar (-€0.1 million, or -0.9%).
•   Alternative portfolio valuations declined by 0.9%, or -€0.2 million, with the mixed-use
    data centre in Apeldoorn falling by -2.5%, or -€0.3 million, reflecting the decreasing
    remaining lease term. This reduction was partially offset by the Cannes car showroom
    valuation increasing by 1.7%, or €0.1 million, driven by positive rental indexation.

The Company continues to prioritise long term value creation and liquidity through active
management.

 Enquiries:

 Jeff O'Dwyer                                             Tel: 020 7658 6000
 Schroder Real Estate Investment Management
 Limited

 Natalia de Sousa                                         Tel: 020 7658 6000
 Schroder Investment Management Limited

 Dido Laurimore/Richard Gotla/Ollie                       Tel: 020 3727 100
 Parsons
 FTI Consulting
The Company has a primary listing on the London Stock Exchange and a secondary
listing on the JSE Limited.

09 October 2025

JSE Sponsor
PSG Capital

Date: 09-10-2025 08:00:00
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