SREIT enters REIT regime

1 May 2015

                 Schroder Real Estate Investment Trust Limited                 
                                (the `Company')                                

                           SREIT enters REIT regime                            

Following the announcement dated 28 April 2015 the Company announces that, with
effect from today, it has now entered the UK-REIT regime.

                                    -ENDS-                                     

For further information:

Schroder Real Estate Investment Management Limited:      020 7658 6000               
Duncan Owen / Nick Montgomery                                                
                                                                             
J.P. Morgan Cazenove:                                    020 7742 4000               
William Simmonds                                                             
                                                                             
Numis Securities:                                        020 7260 1000               
David Benda                                                                  
                                                                             
Northern Trust:                                          01481 745529                
David Sauvarin                                                               
                                                                             
FTI Consulting:                                          020 3727 1000               
Dido Laurimore / Ellie Sweeney