Schroder Real Estate Investment Trust Limited (SREI) Earnings Call Transcripts

Schroder Real Estate Investment Trust Limited's Latest Earnings Call - Q3 FY2026

In the Q1 2026 earnings call for Schroder Real Estate Investment Trust Limited (SREI:GB), management highlighted a strong focus on income growth and asset management despite ongoing geopolitical uncertainties. The company reported a NAV of 61.7p per share, reflecting a 20% discount to the current share price of around 50p. Key metrics included a 2% increase in EPRA earnings, with a reversionary yield of 8.3%, indicating potential for future rental growth. Management maintained their guidance for continued dividend growth, supported by a robust balance sheet and strategic asset enhancements.

Reported metrics

Guidance from management

Management maintained their guidance for continued dividend growth, supported by a strong focus on asset management and sustainability initiatives. They expect to achieve further rental growth from ongoing leasing activities and refurbishments.

What management said

Thanks, Bradley. That's clear. And as I say, business as usual is a real clear focus for us. Bradley, there's one question, again, on another matter where we are thinking a lot about this and are benefiting, which is our EV charging points part of our thinking. Do you want to just talk to what we're rolling out there and how the numbers are looking?

What analysts pressed on

Analysts expressed concerns regarding the impact of the current interest rate environment on future financing costs and the potential for market volatility to affect asset valuations. There were also questions about the timing and details surrounding the M&A activity with Picton.

Main topics on the call

• Dividend Growth Potential — Management emphasized the potential for continued dividend growth, stating, "We have delivered growth in that dividend... we will continue to deliver further income growth and then in turn, earnings and down the line, fu...
• M&A Activity — Management confirmed a consortium bid for Picton alongside LondonMetric Property, stating, "We made a joint nonbinding proposal to acquire the company." This indicates potential for strategic growth through acquisitions.
• Asset Management Success — The company reported strong asset management activity, achieving a 54% rent uplift from refurbishments, with management noting, "We are making good progress... driving higher earnings growth."
• Vacancy Rate Improvement — The vacancy rate improved to 9.7%, down 200 basis points, with management stating, "We continue to work hard to bring the void down." This reflects effective leasing strategies and asset management.

Read the full Schroder Real Estate Investment Trust Limited transcript (Q3 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 23 Schroder Real Estate Investment Trust Limited earnings call transcripts on record, spanning June 9, 2020 to July 14, 2026. Based on this history, Schroder Real Estate Investment Trust Limited reports quarterly. The most recent call on file is dated July 14, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

SREI

Exchange

LSE

Country

GB

Sector

Real Estate

Industry

Diversified REITs

Calls on record

23

First call

June 9, 2020

Most recent

July 14, 2026

Reporting cadence

quarterly