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Schroder European Real Estate (Ordinary Share) SERE

Property Direct - Europe

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Estimated NAV

115.00

Share Price

N/A

Total Returns on £1000 over 

Fund / Benchmark Total returns(%)
Schroder European Real Estate (Ordinary Share) Price 13.23%
Schroder European Real Estate (Ordinary Share) NAV 6.41%
FTSE EPRA/NAREIT DVLPD EUROPE 14.82%
Total Returns on £1000

Discount / Premium Movement

Discount / Premium Movement

Shares

Share Type Yesterday's
Closing Price
Discount / Premium Diluted NAV Gearing Dividend
Est Last
Ordinary Share 116.6 1.1% 115.00 115.00
30 Jun
100% 4.72%

Discrete performance % over

Fund / BenchmarkQ1Q2Q3Q4
Schroder European Real Estate (Ordinary Share) Price13.23
Schroder European Real Estate (Ordinary Share) NAV6.41
FTSE EPRA/NAREIT DVLPD EUROPE14.82

Discrete performance over

Discrete Performance

Sectors weighting

Net Current Assets 58.80%
Cash/Cash Equivalent 58.80%
Property 41.20%
Property - Office 29.90%
Property - Retail 11.30%
  • Investment trust info:

  • Sector Property Direct - Europe
  • Launch Date 09 Dec 2015
  • Currency GBX
  • Domicile UK
  • Share Price N/A
  • Share Type Ordinary Share
  • TIDM SERE
  • ISIN GB00BY7R8K77
  • Shares Issued (M) 134
  • Market Capital (£M) 155.97
  • Gross Assets (£M) 154.30
  • Net Assets (£M) 154.30
  • TER (%) 3.27
  • Historic Dividend Yield (%) 4.72
  • Last AGM  
  • Next AGM  
  • Last Annual Report Date 28 Dec 2016
  • Next due Report Date 30 Sep 2017
  • Next due Report Type A/R
  • Objective:

  • To provide Shareholders with a regular and attractive level of income return together with the potential for long term income and capital growth through investing in commercial real estate in Continental Europe.
  • Management Group(s):

  • Schroder Real Estate Investment Management Ltd
  • Managed by:

  • Tony Smedley Start: 07 Dec 2015
  • Management Contract & Fees:

    The Investment Manager will be entitled to a fee of 1.1% of the EPRA NAV of the Company p.a. where the EPRA NAV of the Company is less than or equal to £500 million and, to the extent that EPRA NAV of the Company is greater than £500 million, the rate to be applied to such excess (and only such excess) shall be 1.0% of the EPRA NAV of the Company exceeding £500 million, in each case, exclusive of VAT. The Investment Manager will also be entitled to a fee of GP50,000 p.a. (exclusive of VAT) for company secretarial services and a fee for fund accounting services. The Investment Management Agreement is terminable by either the Investment Manager or the Company giving to the other not less than 12 months' written notice, such notice not to expire earlier than the third anniversary of First Admission.

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