SCHRODER EUROPEAN REAL ESTATE INVESTMENT TRUST PLC - Property portfolio valuation

Property portfolio valuation

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")


12 October 2026

                              Property portfolio valuation

Schroder European Real Estate Investment Trust plc today provides a valuation update
of its property portfolio as at 30 September 2026.

The property portfolio was independently valued at €181.9 million (30 June 2026: €185.1
million), representing a decrease of €3.2 million, or 1.7%, during the quarter.

The reduction in value principally reflects the independent valuers applying more
conservative assumptions to certain assets, particularly secondary offices, driven by
leasing risk, evolving occupational market conditions and recent transactional evidence.

Despite ongoing macroeconomic uncertainty across Europe, the portfolio continues to
perform resiliently, and the valuation movement primarily reflects changes in market
assumptions rather than underlying operating performance. Following shareholder
approval of the managed wind-down strategy, the Board and Investment Manager remain
focused on maximising value through active asset management and the disciplined
execution of asset disposals.

                                          -Ends-

  Enquiries:

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

  Michelle Taiwo                                                       Tel: 020 7658 6000
  Schroder Investment Management Limited

  Richard Gotla/Oliver Parsons                                         Tel: 020 3727 1000
  FTI Consulting

The Company has a primary listing on the London Stock Exchange and a secondary listing on
the JSE Limited.

JSE Sponsor
PSG Capital
Date: 12/10/2026 08:00:00
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