A unique and compelling opportunity to invest in a diversified portfolio of commercial Continental European real estate
as at 30 September 2022
Demand is increasingly concentrated in 'Winning Cities', offering a competitive advantage in terms of higher levels of GDP, employment and population growth; differentiated local economies with higher-value industries; well-developed infrastructure; and places where people want to live and work.
"We focus on locations within European growth cities that will benefit from rapid urbanisation in order to deliver long term sustainable income and value."
Independent Board of Directors
Discrete Yearly Performance (%)
Q3 2021 -Q3 2022
Q3 2020 -Q3 2021
Q3 2019 -Q3 2020
Q3 2018 -Q3 2019
Q3 2017 -Q3 2018
Share Price Total Return (GBP) (1)
Net Asset Value Total Return (Euro) (2)
Net Asset Value Total Return (converted to GBP) (3)
Issued in December 2022.
Past performance is not a guide to future performance and may not be repeated. The value of investments and the income from them can go down as well as up and you may not get back the amount originally invested.
1 Source: Schroders, Datastream, bid to bid price with net income reinvested in GBP.
2 Source: Schroders, NAV to NAV (per share) plus dividends
3 Source: Schroders, NAV to NAV (per share) plus dividends paid. Converted into GBP.
We believe it is our responsibility as real estate investors to identify, understand and manage environmental, social and economic impacts, positive and negative, to deliver resilient investment returns for the long term and manage exposure to impacts of financial and non-financial risks.
The Global Real Estate Sustainability Benchmark (GRESB) is a missiondriven and industry-led organisation that provides actionable and transparent environmental, social and governance (ESG) data to financial markets. GRESB provides a consistent framework to measure the ESG performance of individual assets and portfolios based on self-reported data.
Source: AJ Bell, Fund and Investment Trust Awards 2022
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Past performance is not a guide to future performance and may not be repeated.
The value of investments, and the income from them, can rise and fall and investors may not get back the amount originally invested.
Companies which invest in a smaller number of assets carry more risk than those spread across a larger number of assets.
The Company may invest solely in property located in one country or region. This can carry more risk than investments spread over a number of countries or regions.
The Company may borrow money to invest in further investments, this is known as gearing. Gearing will increase returns if the value of the assets purchased increase in value by more than the cost of borrowing, or reduce returns if they fail to do so.
The fund holds investments denominated in currencies other than sterling, changes in exchange rates will cause the value of these investments, and the income from them, to rise or fall.
The dividend yield is an estimate and is not guaranteed.
The Company currently conducts its affairs so that its shares can be recommended by IFAs to ordinary retail investors in accordance with the FCA's rules in relation to non-mainstream investment products and intends to continue to do so for the foreseeable future. The Company's shares are excluded from the FCA's restrictions which apply to non-mainstream investment products because they are shares in an investment trust.