Non-Executive Director Changes

Schroder Real Estate Investment Trust (the 'Company') announces the appointment of Alexandra ('Ali') Innes as an independent Non-executive Director, with effect from 16 November 2022.  Alexandra will chair the management engagement committee and will also be a member of the audit and nomination committees.

Alexandra is a member of the Group Executive Board at Knight Frank LLP, a Non-executive Committee Member at the Bank of England, and a Non-executive Director of Securities Trust of Scotland PLC.  Alexandra is also a Non-executive Director of Facilities by ADF plc, the UCI Cycling World Championships Ltd, and previously served on the board of the All England Lawn Tennis Club (Championships) Ltd and the AELT Ground plc.

Alexandra's executive career spanned investment banking, global capital markets, and investment management, most latterly as Managing Director, Barclays plc, and prior to that as Director of Global Capital Markets at Bank of America Merrill Lynch. 

Alexandra holds an M.A. Hons Economics from Cambridge University, and is a Fellow of Chapter Zero.  She is a Green and Sustainable Finance Professional, Chartered Banking Institute (CCBI GSFP), a Member of the Chartered Institute for Securities & Investments (Chartered MCSI), and holds the CFA Institute Certificate in ESG investing.

It is confirmed that there are no other details to be disclosed concerning the appointment under Listing Rule 9.6.13 R.

The Company also announces that Graham Basham will retire as a director of the Company with effect from 15 November 2022.  Graham has made a significant contribution to Company since joining the Board in September 2015, notably on matters relating to the Company's structure and administration.  Graham will continue as a director of the Company's subsidiaries until 31 December 2022. 

Alastair Hughes, Chairman of the Company, said:

"I am delighted to welcome Ali to the Board.  Her extensive career in financial services, and non-executive roles relating to the UK economy, real estate, combined with a keen interest in sustainability, are all directly relevant to our strategy.  

On behalf of my fellow directors, I would also like to thank Graham for his significant contribution as a non-executive director over the past seven years."

For further information: 

About Schroder Real Estate Investment Trust Limited 

Schroder Real Estate Investment Trust Limited aims to provide shareholders with an attractive level of income together with the potential for income and capital growth as a result of its investments in, and active management of, a diversified portfolio of UK commercial real estate. 

The investment policy of the Company is to own a diversified portfolio of UK real estate underpinned by good fundamental characteristics. The Group invests principally in the industrial, office and retail warehouse sectors and will also consider other sectors including mixed-use, residential, hotels, healthcare and leisure. 

The Company leverages Schroders' specialist capabilities across strategies, with a strong team of 95 in the UK. SREIT employs a hospitality-driven approach to improve the operational performance of its assets, underpinned by a fully integrated ESG strategy, in order to deliver superior shareholder returns.