The outlook for European real estate with SERE’s Jeff O’Dwyer - Trust Issues #15

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 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?

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?

Visit SERE's website: https://tinyurl.com/mwyysz94

Read the latest research note on SERE: https://tinyurl.com/3azt8hh6

Intro music by State Azure, used with permission.