REG - Schroder Real Estate - Directorate Change

Schroder Real Estate Investment TrustAnnouncement

16/11/2022 07:16

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RNS Number : 5116G  Schroder Real Estate Inv Trst Ld  16 November 2022

 

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:

 

 Schroder Real Estate Investment Management Limited:     020 7658 6000

Nick Montgomery / Bradley Biggins / Matthew Riley
 FTI Consulting:                                         020 3727 1000

 Dido Laurimore / Richard Gotla / Ollie Parsons

 

 

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.

 

 

 

 

 

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