Schroder Property Investment Management Limited
31 Gresham Street, London EC2V 7QA
Tel: +44 (0)20 7658 6000 Fax: +44 (0)20 7658 3960
www.schroderproperty.com
News Release
Schroder UK Property Fund celebrates 5 year
outperformance with Chatham acquisition
22 July 2013
Schroder UK Property Fund (SPF) is today celebrating 5 years of outperformance against its benchmarki
and announces the acquisition of a leisure scheme in Chatham, Kent to add to the Fund’s £1.2 billion
portfolio.
SPF is one of the top performing funds in the AREF/IDF All Balanced Property Fund Index which returned
1.4% in Q2 2013 compared with SPF which returned 2.1%. Against the same weighted average
benchmark over 12 months, 3 years and 5 years Schroders UK Property Fund has consistently
outperformedii.
The leisure scheme in Chatham Kent, purchased for £12.9 million, includes the Odeon Cinema as well as
other well known restaurant operators within the Dickens World complex.
Ian Mason, SPF Fund Director, commented:
“Our 5 year outperformance figures come at an interesting time, with property investment firmly on the
agenda. Investor confidence has recovered and we are seeing lots more traction from new and existing
clients.
“The Chatham scheme has increased our exposure to the leisure sector which we believe offers attractive
income and growth characteristics. This purchase provides an initial yield of 8% and average unexpired
leases of 18 years.
“Chatham sits alongside the acquisition in April of the multi let Hartlebury Trading Estate in the Midlands.
This was a strategic move up the risk curve and into the regional markets, in anticipation that the
investment market would start to rally in 2013, which now seems to be the case. Rental growth is likely to
remain subdued, so the 10% income yield was the important factor on this acquisition.”
For further information, please contact:
Estelle Bibby, Senior PR Manager, European Institutional
Tel: +44(0)20 7658 3431 / estelle.bibby@schroders.com
Note to Editors:
For trade press only. Photographs available on request.
Schroder Property
Schroders has managed property funds since 1971 and currently has £10.5 billion (EUR12.4 billion/US$15.9
billion) of gross property assets under management (at 31 March 2013).
Issued by Schroder Property Investment Management Limited. Registration no. 1188240 England.For your security, communications may be
taped or monitored
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All of the property funds referred to are unauthorised collective investment schemes as defined in the Financial
Conduct 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.
For further information about Schroders’ property business visit www.schroderproperty.com
Schroders plc
Schroders is a global asset management company with £236.5 billion (EUR279.7 billion/$359.2 billion) under
management as at 31 March 2013. 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 34
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.
i
ii
AREF/IDF All Balanced Property Fund Index (weighted average)
Investment Report Summary http://bit.ly/15ZxaB3
Registered Office at the above address. Registered number 1188240 England VAT Registered number 243 8687 30
Authorised and regulated by the Financial Services Authority. For your security, communications may be taped or monitored.