This is a non-independent marketing communication commissioned by Schroder Investment Management. The report has not been prepared in accordance with legal requirements designed to promote the independence of investment research and is not subject to any prohibition on the dealing ahead of the dissemination of investment research.
In this episode of Trust Issues we speak to Jeff O'Dwyer, Manager of the Schroder European Real Estate Investment Trust (SERE). We talk about Jeff's investment process, current opportunities, inflation-linkage in the portfolio and the possibility that interest rate hikes may make tough for other investors in the market.
You can skip to individual questions using the timestamps below:
00:00 - Risk warnings
01:06 - What does SERE invest in?
02:51 - What are the current opportunities in European real estate?
05:32 - How do you combine micro and macro research?
10:05 - What are you invested in that could provide examples of this?
15:30 - Do your contracts have inflation linkage? What impact is inflation having?
19:08 - Has the more value oriented approach you take helped in the last 18 months?
21:40 - How are you reinvesting cash from last year's large disposal?
25:27 - Are higher rates squeezing overleveraged players? Has that led to opportunities for you?
27:34 - Have you had renegotiate gearing facilities since rate hikes started?