UK's Schroder European REIT rises after wind-down plans
BUZZ-UK's Schroder European REIT rises after wind-down plans ** Shares of Schroder European Real Estate Investment Trust SERE.L up as much as 13.3% at 68 pence - among top gainers on FTSE Small Cap Index .FTSC
** Co plans to put forward proposal for a managed wind-down and return capital to shareholders and repay borrowings
** Board intends to continue paying dividends during wind-down, should shareholders approve
** YTD, SERE shares are largely unchanged
(Reporting by Neeshita Beura in Bengaluru)
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