Schroder European Real Estate Investment Trust PLC (GB:SERE)
LSE:SERE
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Schroder European Real Estate ate ate Investment
(LSE:SERE)
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Select Model
Rating:58Neutral
Price Target:
64.00 p
▲(5.61% Upside)
Action:ReiteratedDate:12/30/25
The score is driven primarily by improved FY2025 financial performance and manageable leverage, but tempered by historically volatile earnings/cash flows and low ROE. Weak technical trend (below key moving averages, negative MACD) and event risk from the KPN lease termination and French tax claim further constrain the rating, while the high dividend yield provides partial support despite a high P/E.
Positive Factors
Balance sheet / leverage
Improving debt-to-equity (~0.36) gives the REIT durable financial flexibility typical of well-managed property trusts. Lower leverage reduces refinancing risk, supports capacity to fund selective acquisitions or capital works, and helps protect dividend coverage across cycles.
Negative Factors
Tenant concentration / lease loss risk
Risk of a major tenant termination is a structural vulnerability for an income-focused trust: losing large rent streams can materially reduce cash receipts, raise vacancy and re-leasing costs, depress valuations and force compressive actions like dividend cuts or asset disposals to protect liquidity.
Read all positive and negative factors
Positive Factors
Negative Factors
Balance sheet / leverage
Improving debt-to-equity (~0.36) gives the REIT durable financial flexibility typical of well-managed property trusts. Lower leverage reduces refinancing risk, supports capacity to fund selective acquisitions or capital works, and helps protect dividend coverage across cycles.
Read all positive factors
Schroder European Real Estate ate ate Investment (SERE) vs. iShares MSCI United Kingdom ETF (EWC)
Market Cap
£81.47M
Dividend Yield8.31%
Average Volume (3M)292.23K
Price to Earnings (P/E)10.6
Beta (1Y)0.45
Revenue Growth-8.97%
EPS Growth326.47%
CountryUK
Employees1
SectorReal Estate
Sector Strength53
IndustryREIT - Specialty
Share Statistics
EPS (TTM)0.01
Shares Outstanding131,407,990
10 Day Avg. Volume120,868
30 Day Avg. Volume292,231
Financial Highlights & Ratios
PEG Ratio0.16
Price to Book (P/B)0.63
Price to Sales (P/S)10.39
P/FCF Ratio18.47
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)0.06
Revenue Forecast (FY)£22.00M
Schroder European Real Estate ate ate Investment Business Overview & Revenue Model
Company Description
Schroder European Real Estate Investment Trust plc is a UK closed-ended real estate investment company incorporated on 9 January 2015. Its investment manager is Schroder Real Estate Investment Management Limited. It invests in European growth citi...
How the Company Makes Money
SERE makes money primarily through rental income generated from its property portfolio, which includes office buildings, retail locations, and industrial sites across Europe. The company leases these properties to tenants, providing a steady strea...
Schroder European Real Estate ate ate Investment Financial Statement Overview
Summary
Income Statement
58
Neutral
Balance Sheet
70
Positive
Cash Flow
62
Positive
| Breakdown | Sep 2025 | Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 9.44M | 4.47M | 20.94M | 21.14M | 9.92M |
| Gross Profit | 6.77M | 4.47M | 20.94M | 21.14M | 9.92M |
| EBITDA | 8.06M | 0.00 | 0.00 | 5.75M | 9.22M |
| Net Income | 2.16M | 575.00K | -9.38M | 13.99M | 6.24M |
Balance Sheet | |||||
| Total Assets | 231.76M | 244.15M | 255.11M | 269.39M | 280.10M |
| Cash, Cash Equivalents and Short-Term Investments | 24.75M | 27.36M | 32.45M | 34.32M | 45.72M |
| Total Debt | 64.02M | 70.47M | 73.62M | 41.79M | 68.59M |
| Total Liabilities | 75.10M | 80.05M | 83.67M | 81.15M | 80.57M |
| Stockholders Equity | 156.66M | 164.10M | 171.44M | 188.24M | 199.53M |
Cash Flow | |||||
| Free Cash Flow | 5.31M | 7.89M | 15.90M | 10.27M | -3.75M |
| Operating Cash Flow | 5.31M | 7.89M | 15.90M | 10.27M | -3.75M |
| Investing Cash Flow | 9.27M | -1.68M | -15.15M | 5.38M | 38.13M |
| Financing Cash Flow | -13.73M | -11.29M | -2.61M | -27.05M | -6.69M |
Schroder European Real Estate ate ate Investment Technical Analysis
Negative
60.60
Price Trends
62.41
Negative
62.13
Negative
62.78
Negative
Market Momentum
-1.24
Positive
40.70
Neutral
48.82
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:SERE, the sentiment is Negative. The current price of 60.6 is above the 20-day moving average (MA) of 60.31, below the 50-day MA of 62.41, and below the 200-day MA of 62.78, indicating a bearish trend. The MACD of -1.24 indicates Positive momentum. The RSI at 40.70 is Neutral, neither overbought nor oversold. The STOCH value of 48.82 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:SERE.
Schroder European Real Estate ate ate Investment Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | £60.38M | 4.85 | 10.22% | 8.23% | 8.48% | 207.85% | |
67 Neutral | £241.38M | 5.97 | 9.81% | 6.64% | ― | ― | |
65 Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% | |
60 Neutral | £114.58M | -7.76 | 2.85% | 65.05% | 0.54% | ― | |
58 Neutral | £81.47M | 10.58 | 1.39% | 8.31% | -8.97% | 326.47% | |
53 Neutral | £100.66M | -11.68 | -6.64% | 6.96% | ― | ― |
* Real Estate Sector Average
GB:SERE
Schroder European Real Estate ate ate Investment
62.00
3.64
6.24%
GB:SREI
Schroder Real Estate ate ate Investment
49.35
7.88
18.99%
GB:RESI
Residential Secure Income
54.40
6.57
13.75%
GB:ASLI
abrdn European Logistics Income PLC
27.80
6.85
32.70%
GB:AIRE
Alternative Income REIT Plc
75.00
11.06
17.29%
GB:HOME
Home REIT PLC
9.10
0.10
1.11%
Schroder European Real Estate ate ate Investment Corporate Events
Business Operations and StrategyRegulatory Filings and Compliance
Schroder European Real Estate Director Increases Stake with Share Purchase
Positive
Mar 24, 2026
Schroder European Real Estate Investment Trust plc has disclosed a share purchase by director Philip Redding, in line with regulatory requirements for transactions by persons discharging managerial responsibilities. The move signals additional ins...
Dividends
Schroder European Real Estate Trust Sets Rand Rate for First 2026 Interim Dividend
Positive
Mar 24, 2026
Schroder European Real Estate Investment Trust has confirmed the South African rand exchange rate for its first interim dividend of 1.48 euro cents per share for the financial year ending 30 September 2026, setting the payout at 29.11160 South Afr...
Business Operations and StrategyDividendsFinancial DisclosuresLegal Proceedings
Schroder European REIT Holds NAV Steady, Lifts Income Security Despite Rising Vacancy
Neutral
Mar 19, 2026
Schroder European Real Estate Investment Trust reported an unaudited net asset value of €153.3 million, or 116.7 euro cents per share, as at 31 December 2025, after a €2.5 million prior-period service charge adjustment. The portfolio v...
Business Operations and StrategyStock BuybackShareholder Meetings
Schroder European Real Estate Investors Back All AGM Resolutions
Positive
Mar 17, 2026
Shareholders in Schroder European Real Estate Investment Trust plc approved all resolutions at the company’s latest annual general meeting, with around 43% of the issued share capital (excluding treasury shares) voting. Routine items, includ...
Business Operations and StrategyLegal Proceedings
Schroder European REIT boosts income security with new leases amid Dutch tenant default
Positive
Mar 5, 2026
Schroder European Real Estate Investment Trust has secured a new 10-year, annually indexed lease with the State of Baden-Württemberg for office space in Stuttgart, boosting income from that asset by 18% and reinforcing the security of a mater...
Dividends
Schroder European Real Estate Sets Sterling Rate for Fourth Interim Dividend
Neutral
Jan 13, 2026
Schroder European Real Estate Investment Trust has confirmed the sterling equivalent for its previously declared fourth interim dividend for the year ended 30 September 2025, originally set at 1.48 euro cents per share. Shareholders on the UK regi...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.