Update on management

About this update from Schroder European Real Estate Investment Trust Plc

[{"type":"text","content":"\n \nRNS Number : 8598W Schroder Eur Real Est Inv Trust PLC 17 November 2017  \n\n \n17 November 2017\n \nUpdate on management\n \nThe Board of Schroder EUROPEAN Real Estate Investment Trust plc (the \"Company\") announces that, from 1 January 2018, Jeff O'Dwyer will take over all day-to-day responsibilities for portfolio management of the Company, and Tony Smedley will cease to be involved.  Jeff has been involved in the management of the portfolio since IPO, and the Board considers this to be a natural progression.   \n \nThe Company's investment strategy and objectives will remain unchanged.  The Schroder Real Estate Investment Committee will continue to provide oversight and approvals for key transactions.  Duncan Owen (Global Head of Real Estate and chair of the Investment Committee) and Andrew MacDonald will continue to work closely with Jeff O'Dwyer on the Company.  The local real estate teams in France, Germany and Scandinavia will continue to manage the portfolio's assets.  \n\n \n\n \nEnquiries:\n \nDuncan Owen\nSchroder Real Estate Investment Management Limited                              Tel: 020 7658 6000\n \nEstelle Bibby\nSchroder Investment Management Limited                                               Tel: 020 7658 3431\n \nJSE Sponsor: PSG Capital Proprietary Limited\n \nThis announcement contains inside information.\n \n\nThis information is provided by RNSThe company news service from the London Stock Exchange  END  UPDGGGMAGUPMGPM\n ","length":3003,"tagName":"div"}]

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