European Real Estate Investment Trust Limited
2 September 2016
The Board of European Real Estate Investment Trust Limited has undertaken a review of the Group's cash balances and is seeking to convert as much uncommitted cash currently held in Euros to Sterling.
In this respect, the Company today exchanged €5.6m to £4.7m at an exchange rate of €1.1874.
For further information, please contact:
Praxis Fund Services Limited
Shona Darling Phone: +44(0) 1481 755528
Cenkos Securities plc
Will Rogers Phone: +44 (0) 20 7397 1920
Sapna Shah +44 (0) 20 7397 1922
Schroder Real Estate Investment Management Ltd
Tony Smedley Phone: +44(0) 20 7658 6000
This information is provided by RNS