Result of AGM

Schroder Real Estate Investment Trust Limited                 

 (a closed-ended investment company incorporated in Guernsey with registration 
                                 number 41959)                                 

                                ("the Company")                                

                               11 September 2014                               

                       RESULT OF ANNUAL GENERAL MEETING                        

At the Annual General Meeting (the "AGM") of the Company held on 11 September
2014 at 10.00am, all Ordinary Resolutions set out in the AGM Notice sent to
shareholders were duly passed.

Details of the proxy voting results which should be read alongside the Notice
sent to shareholders on 11 August 2014 are noted below:

     Ordinary             For               Against             Abstain      
    Resolution                                                               
                                                                             
        1             155,227,526          1,942,008             6,505       
                                                                             
        2             157,082,734           74,000              19,305       
                                                                             
        3             157,025,466           150,573                0         
                                                                             
        4             157,075,466           100,573                0         
                                                                             
        5             143,627,441         11,732,965           1,815,633     
                                                                             
        6             155,290,806           69,600             1,815,633     
                                                                             
        7             157,152,039           24,000                 0         
                                                                             
        8             157,171,734            4,305                 0         
                                                                             
        9             157,171,734              0                 4,305       
                                                                             
        10            157,171,734              0                 4,305       
                                                                             
        11            157,171,734              0                 4,305       
                                                                             
        12            142,809,580         14,255,467            110,992      

At the same AGM noted above, the following Special Resolutions were also
passed:

Special Resolution 1:

(157,077,074 in favour / 24,000 against / 74,965 abstain):

THAT the Directors of the Company be and are hereby empowered to allot ordinary
shares of the Company for cash as if the pre-emption provisions contained under
Article 13.1 of the Articles of Incorporation did not apply to any such
allotments and to sell ordinary shares which are held by the Company in
treasury for cash on a non pre-emptive basis provided that this power shall be
limited to the allotment and sales of ordinary shares:

(a) up to an amount of 39,151,340 ordinary shares, or such other number of
ordinary shares being equal to 10% of the ordinary shares in issue on 11
September 2014;

(b) at a price of not less than the net asset value per share as close as
practicable to the allotment or sale; and

(c) such power shall expire on the earlier of the Annual General Meeting of the
Company in 2014 or on the expiry of 15 months from the passing of this Special
Resolution, except that the Company may before such expiry make offers or
agreements which would or might require ordinary shares to be allotted or sold
after such expiry and notwithstanding such expiry the Directors may allot or
sell ordinary shares in pursuance of such offers or agreements as if the power
conferred hereby had not expired.

Special Resolution 2:

(155,170,066 in favour / 1,966,008 against / 39,965 abstain):

THAT the Articles of Incorporation produced to the meeting and initialled by
the chairman of the meeting for the purpose of identification be adopted as the
Articles of Incorporation of the Company in substitution for, and to the
exclusion of, the existing Articles of Incorporation.

A copy of the Special Resolutions has been submitted to the National Storage
Mechanism and will shortly be available for inspection at: www.hemscott.com/nsm.do

Enquiries:

Northern Trust International Fund Administration Services (Guernsey) Limited
The Company Secretary
Trafalgar Court
Les Banques
St Peter Port
Guernsey
GY1 3QL

Tel: [phone]