Schroder European Real Estate Investment Trust (Reit), focused on investing in prime real estate across Europe’s growing cities, has updated its net asset value (NAV).

In a first quarterly announcement for its financial year, the group on Tuesday reported a slight decrease in NAV as at end-December to €161.2m or 120.5 euro cents per share, down from €164.1m or 122.7c per share by end-September...

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