July 21, 2020 / 6:17 AM / 15 days ago

BRIEF-Veteran manager Duncan Owen steps down from Schroder Real Estate Investment Trust

July 21 (Reuters) - Schroder Real Estate Investment Trust Ltd:

* BOARD OF SCHRODER REAL ESTATE INVESTMENT TRUST, ACTIVELY MANAGED UK-FOCUSED REIT, HAS BEEN NOTIFIED THAT DUNCAN OWEN, SREIT’S FUND MANAGER SINCE IPO IN 2004, HAS DECIDED TO STEP DOWN

* DUNCAN OWEN WILL REMAIN AT SREIM AS GLOBAL HEAD OF REAL ESTATE UNTIL 31(ST) DECEMBER 2020

* He will serve as special adviser from Jan 1, working closely with existing team

* SREIT’S INVESTMENT STRATEGY AND OBJECTIVES REMAIN UNCHANGED. BOARD OF SCHRODER REAL ESTATE INVESTMENT TRUST WILL CONTINUE TO MONITOR POSITION CLOSELY. Source text for Eikon: Further company coverage: (Reporting By Sinead Cruise)

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