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Schroder European Real Estate Investment Trust PLC - London and Johannesburg-listed property investor - Says its property portfolio is independently valued at €185.1 million on June 30, the end of its financial third quarter, down 3.9% from €192.6 million on March 31. On year, the property value is down 4.5% from €193.9 million. The REIT says the decline in property value reflects weaker investment demand, particularly for secondary offices, driven by heightened macroeconomic uncertainty, alongside inflation and interest rate concerns. Lower property portfolio valuation comes after Schroder European Real Estate late last month said it intends to wind itself down. The managed wind-down process is expected to take about two to three years to complete. The company has yet to formally present the wind-down plan to its shareholders. Stock price in London: 65.20 pence 12-month change: down 6.5% Stock price in Johannesburg: R 14.86 12-month change: down 9.9% Copyright 2026 Alliance News Ltd. All Rights Reserved.
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