Completion of Wembley disposal

For release 22 December 2014 Schroder Real Estate Investment Trust Limited (the `Company' / `Group') Completion of Wembley disposal The Company announces that the disposal of the Olympic Office Centre in Wembley to Network Stadium Housing Association Limited has completed at the agreed price of £15.4 million. This is in line with the independent valuation as at 30 September 2014 of £15.4 million, and compares to the independent valuation as at 30 June 2014 of £10.75 million. Following completion of this disposal the Company has total cash balances of approximately £23 million and a net loan to value, based on the independent valuation as at 30 September 2014 and updated for all subsequent transactions, of approximately 27%. -ENDS- For further information: Schroder Real Estate Investment Management Limited 020 7658 6000 Duncan Owen / Nick Montgomery Northern Trust: 01481 745529 David Sauvarin FTI Consulting: 020 3727 1000 Dido Laurimore / Ellie Sweeney
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