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Schroder Real Estate appoints retail and leisure Investment Manager

Schroder Real Estate announces the appointment of Robert Cosslett into the newly created role of Investment Manager, with specialism in the retail and leisure sectors. Robert joins from the retail team of Jones Lang LaSalle, where he spent the past five years gaining experience across the hotel and hospitality sector as well as in retail and leisure investment.

13/10/2015

Schroder Real Estate announces the appointment of Robert Cosslett into the newly created role of Investment Manager, with specialism in the retail and leisure sectors. Robert joins from the retail team of Jones Lang LaSalle, where he spent the past five years gaining experience across the hotel and hospitality sector as well as in retail and leisure investment.

Reporting to Schroder Real Estate’s Head of UK Retail, Jessica Berney, Robert will run a portfolio of retail and leisure assets, as well as sourcing and completing investment transactions for Schroders’ real estate funds and vehicles in the UK and internationally.

The appointment follows a run of recent activity for Schroder Real Estate in the retail and leisure sector, including the acquisition of Kings Mall in Hammersmith, London for £153 million for the Schroder UK Real Estate Fund (“SREF”) and the purchase of St John’s Retail Park in Bedford for £31.8 million for the Schroder Real Estate Investment Trust Limited (“SREIT”).

Jessica Berney, Head of UK Retail, Schroder Real Estate commented:

“We have seen increased activity in the retail and leisure sectors as the market improves on the back of growing consumer confidence. With the continued growth of leisure and dining uses we see real opportunities to develop existing assets and seek new investment locations. These opportunities will allow for us to realign destinations to meet the changing demands of customers. We are delighted to further enhance our retail and leisure expertise with Robert’s appointment and welcome him to the team.”

Schroder Real Estate has also seen significant advances in a number of its UK retail developments such as The Lexicon, the 1 million sq ft of new retail and leisure in the heart of Bracknell Town Centre and the 340,000 sq ft Kings Mall Shopping and Office centre in the centre of Hammersmith. Other proactive asset management activity includes Lemon Quay retail parade in Truro. The retail parade is currently undergoing redevelopment to bring Cornwall’s first Primark store to the area on a twenty year lease, and the redevelopment of the Arndale House offices in Leeds to create a new Premier Inn Hotel alongside the retail, leisure and offices currently operating on site.

For further information, please contact:

Estelle Bibby, Senior PR Manager, Schroders

Tel: +44 (0)20 7658 3431 / estelle.bibby@schroders.com

PJ Appleton / Sophie Elliott

Tel: +44 (0)20 7828 5553 / pj@redwoodconsulting.co.uk / sophie@redwoodconsulting.co.uk

Notes to Editors

For trade press only.  To view the latest press releases from Schroders visit: http://ir.schroders.com/media

Schroder Real Estate

Schroders has managed real estate funds since 1971 and currently has £12.1billioni (€17.1 billion /US$19.1 billion) of gross real estate assets under management as at 30 June 2015.

Most of the property funds referred to are unauthorised collective investment schemes as defined in the Financial Services and Markets Act 2000. Promotion of these funds is restricted and access to full information about these funds is only available to those exempt from the restriction.

Schroders plc

Schroders is a global asset management company £309.9 billion (EUR 437.4 billion/$487.4 billion) under management as at 30 June 2015.  Our clients are major financial institutions including pension funds, banks and insurance companies, local and public authorities, governments, charities, high net worth individuals and retail investors.   

With one of the largest networks of offices of any dedicated asset management company, we operate from 37 offices in 27 countries across Europe, the Americas, Asia and the Middle East.  Schroders has developed under stable ownership for over 200 years and long-term thinking governs our approach to investing, building client relationships and growing our business.

Further information about Schroders can be found at www.schroders.com. Issued by Schroder Investment Management Ltd, which is authorised and regulated by the Financial Conduct Authority.  For regular updates by e-mail please register online at www.schroders.com for our alerting service.

For trade press only.  To view the latest press releases from Schroders visit: http://ir.schroders.com/media

iIncludes holdings of Real Estate Capital Partners and Schroders Multi-asset Funds in the Real Estate AUM

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