Data as of 5 Nov 2026

COMPANY RESEARCH

Schroder Real Estate Investment Trust Limited

SREI.L · United Kingdom · Real Estate · REIT—Diversified

Insider Signal

Snapshot: 05 Nov 2026 · 180-day research window

Data quality pass

Insider Signal: 71.1 / 100
Reported buyers: 4
Net purchases: 98.4k EUR
Latest disclosure: 2026-09-21

What stands out

4 reported buyers participated in qualifying purchases during the last 180 days.

Price vs insider buying

SREI.L · GBp

● Purchase　× Sale　◇ Public disclosure　▥ 15-day cluster ·

Circles and crosses mark trade dates; diamonds below the axis mark later public disclosures. The trade became public on its disclosure date. Prices are nearest-session closes, not insider execution prices. Marker sizes are not compared when values or currencies differ.

BULL VS BEAR

Two readings of this buying

The same filings, read two ways. Each line is a fact stored for this company with the number behind it, and appears only when that number crosses a fixed threshold. Neither side is a forecast and no winner is declared.

All bull and bear lists, and what followed each line in the past →

Where the evidence comes from

Independent evidence does not object: the purchases themselves carry bull lines (several insiders together, more buyers than usual here); share price and trading, short sellers, company results, company actions were checked and none crosses a bear threshold.

The insider purchases themselvesBullseveral insiders together, more buyers than usual here5 checked, under the threshold · 3 missing
Share price and trading3 checked, under the threshold
Short sellers1 checked, under the threshold
Company results1 checked, under the threshold · 1 missing
Company actions1 checked, under the threshold

Bull case · the buying is informative

4 insiders bought within 15 days (2026-09-15 to 2026-09-21). Several people reaching the same decision at the same time is hard to put down to one person's circumstances.Record: after 5,440 earlier disclosures like this, the median 60-session excess return was −3.5%, within 1 percentage point of all comparable disclosures (−3.4%).
No insider bought in the 180 days before this window; 4 have bought in it. The buying is new for this company, not a habit.Record: after 3,282 earlier disclosures like this, the median 60-session excess return was −2.5%, within 1 percentage point of all comparable disclosures (−2.7%).

Bear case · discount it

Nothing held here argues against the buying. That is not the same as nothing existing: see the missing evidence below.

Evidence still missing

No buyer here has 5 or more completed earlier purchases on record, so there is no track record to weigh.
Only one reading of profitability is held (profit margin 45%). Whether earnings and cash flow are rising or falling needs the last two reports side by side.
European notifications have no field saying whether a purchase was pre-arranged; there is no counterpart to the US 10b5-1 box. None of the 4 purchase lines mentions a plan, but a bare “Share purchase” does not rule one out.
The filings give the size of each trade, not what the buyer already held. Whether a purchase added 1% to a personal stake or doubled it is not known.

Checked and under the threshold: 11

BearThe largest buyer accounts for 37% of the value bought. Counted for the bear side from 80%.
Bear0 of 4 buyers filed as a person closely associated with a manager. Counted for the bear side from half.
EitherNet purchases equal 0.02% of the company's market value. Bull from 0.10%, bear below 0.01%.
BearNo insider sale is recorded in the same 180 days.
EitherThe latest purchase is 45 days old. Bull up to 14 days, bear from 90.
BearThe share price changed −8.5% over six months (three months −2.7%, one month +9.0%) and stands 26% below its 52-week high. Counted for the bear side from a fall of 20%.
BearOver three months the share price changed −2.7% and the median of 229 Real Estate companies changed −5.5%: ahead by 3 points. Counted for the bear side from 20 points behind.
BearPublished net short positions add up to 0.34% of the share capital. Counted for the bear side from 2%. Unchanged since 2026-10-22.
BullThe company announced no transaction in its own shares in the last 30 days.
BearProfit margin on the latest captured figures is 45%. Counted for the bear side when negative.
BearAbout €1.9M of the stock changes hands on an average day. Counted for the bear side below €500k.

Both columns arrange stored facts only. They do not change the insider score or the ranking and are not investment advice.

Who is trading?

Named filings in 180 days. Purchase values are summed only when complete and in one currency.

Role Activity

Insider

Transaction activity

Purchase value

Latest trade

Details

Ms Priscilla DaviesBoard member

1 buy · 0 sell

30.0k GBP

2026-09-21

View transactions · 1

Trade date	Disclosure	Type	Shares	Price	Currency	Reported value	Source
2026-09-21	2026-09-21	Share purchase	72447	0.413978	GBP		Source ↗

Mr Richard DakinBoard member

1 buy · 0 sell

20.0k GBP

2026-09-15

View transactions · 1

Trade date	Disclosure	Type	Shares	Price	Currency	Reported value	Source
2026-09-15	2026-09-15	Share purchase	50000	0.400997	GBP		Source ↗

Mr Alastair HughesBoard member

1 buy · 0 sell

20.0k GBP

2026-09-18

View transactions · 1

Trade date	Disclosure	Type	Shares	Price	Currency	Reported value	Source
2026-09-18	2026-09-18	Share purchase	49000	0.407989	GBP		Source ↗

Mrs Heena PatelAssociated person

1 buy · 0 sell

12.0k GBP

2026-09-16

View transactions · 1

Trade date	Disclosure	Type	Shares	Price	Currency	Reported value	Source
2026-09-16	2026-09-16	Share purchase	29779	0.40278	GBP		Source ↗

INSIDER SIGNAL

Score breakdown：71.1 / 100

4 insiders · 4 purchase events · €98k net purchases

Europe #57 · United Kingdom #14

WHY THIS SIGNAL?

Score anatomy

Each bar is that part's points in the score; the five parts add up to the score.

Number of buyers+35.0 / 35

How many different insiders bought within 15 days

Amount bought+18.6 / 25

The value bought, net of any insider sales

Buyers' roles+7.0 / 20

Lower in the company scores higher: in the backtest, purchases by the most senior insiders did worse

How recent+0.4 / 10

How long ago the latest purchase took place

Buying against selling+10.0 / 10

Lower when insiders also sold

What is holding the score back?

⚠ Buyers' roles add little · most senior buyer: Board member; the most senior score lowest
⚠ The latest purchase was some time ago
✓ Many buyers · 4 or more different insiders

Buyers' roles follow the European ranking's order of roles: the most senior insiders score lowest.

BUYING PROFILE

4 events · 4 insiders · 180d

Cluster 100%Repeat 0%Independent 0%Large 0%

Percentages are mutually exclusive and sum to 100%.

Buying concentration

37%

Largest buyer：Ms Priscilla Davies · 30k GBP
Purchases counted, before sales：82k GBP

The amount at the top of the page is purchases minus sales; this one counts purchases only, in the filing currency, so the two can differ. The score counts how many people bought; this shows separately who bought the most.

This is a ranking under the current European screening rules—not a probability of gain, return forecast, or buy recommendation.

Key purchase quotes (filing currency)

Filer	Price per unit	Trade date
Ms Priscilla Davies	0.413978 GBP	Sep 21, 2026
Mr Alastair Hughes	0.407989 GBP	Sep 18, 2026
Mr Richard Dakin	0.400997 GBP	Sep 15, 2026

Model details

Cluster breakdown (does not change the score)

15-day buyer breadth (count): 4 distinct reported filers
Peak time window: 2026-09-15 to 2026-09-21
Current breadth input: 1.000 (capped at 4+ buyers)
Buyer independence: Not yet measured; related-party fields are not cross-market comparable

What the filings show

🟢 Latest purchase counted
Ms Priscilla Davies · 30k GBP · Price 0.413978 GBP · Sep 21, 2026
🟢 Purchase by a manager or director
Mr Alastair Hughes · 20k GBP · Price 0.407989 GBP · Sep 18, 2026
🟢 Purchase by a manager or director
Mr Richard Dakin · 20k GBP · Price 0.400997 GBP · Sep 15, 2026
🟡 1 more purchase line(s) counted, from 1 filing(s)

Filing and data quality

These checks are auditable context; they do not change the rank or score.

Identity match: PASS · isin
Ticker / ISIN: Present
Filing source links: 4 / 4
Median disclosure lag: 0 days
Latest disclosure age: 45 days at snapshot
Corrections / revisions: 0
Score-factor detail: Saved

Insider timeline

4 insiders bought within 7 days, 15 Sep to 21 Sep: 3 Board member, 1 Associated person. The share closed at 41.05 on the first of those days and at 43.65 most recently (+6.3%). That week 176 companies across Europe disclosed insider purchases, an ordinary week (17 of the last 26).

Tap an item for what it means.

●A purchase: the bigger the dot, the more was bought

Each dot is one insider's purchases on one day. The dot's area follows the amount: the largest purchase here gets the largest dot. Hold the pointer over a dot to see the date and the amount.

▮Purple band: several insiders bought within 15 days

The band marks the stretch with the most different buyers: at most 15 days long and at least two people. Here it is 15 Sep – 21 Sep, with 4 insiders. Only the strongest stretch is marked. Several people deciding the same thing is harder to explain by one person's private reasons, but insiders often buy together just after a closed period ends, so compare it with the grey weekly bars.

Blue line: this share's price, −9.6% over these six months

The closing price of each day, from 48.30 on 2026-05-11 to 43.65 on 2026-11-04. The line has no scale; read it for high and low: a dot on a low stretch was bought cheaply, a dot on a high stretch was not.

Dashed line: the typical stock on the same exchange, +2.9%

Taken from the 807 other stocks on the same exchange that this site holds prices for. Each is measured from the first day of the window, and every day the middle one is drawn. It starts where the blue line starts, so the gap between the two is the difference: this share −9.6%, the typical one +2.9%, 12.6 points behind. It is not an index and not a comparison within one industry.

▂Grey bars: companies across Europe disclosing purchases each week

A taller bar is a week in which more companies disclosed insider purchases. The purple bar is the week of the band above: 176 companies, number 17 of the last 26 weeks. If that week was a peak anyway, buying together is less special than it looks.

This company: insiders buying per month, last 12 months

Dec

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

4Sep

Oct

Nov

Darker bars are inside the 180-day window above.

Who traded

Insider	Role	Purchases	Sales	Bought	First purchase	Share price since	Earlier purchases
Mr Richard Dakin	Board member	1	—	20.0k GBP	2026-09-15	+6.3%	fewer than 5 completed
Mr Alastair Hughes	Board member	1	—	20.0k GBP	2026-09-18	+7.6%	fewer than 5 completed
Ms Priscilla Davies	Board member	1	—	30.0k GBP	2026-09-21	+6.1%	fewer than 5 completed
Mrs Heena Patel	Associated person	1	—	12.0k GBP	2026-09-16	+5.7%	fewer than 5 completed

Insiders' buying price vs the latest close

Insiders paid 0.4076 GBP a share on average (4 purchase lines, 4 buyers, 2026-09-15 – 2026-09-21). The close on 2026-11-04 was 7.1% above that price.

The latest purchase (2026-09-21) was at 0.4140 GBP; the close was 5.4% above that price.

Prices paid are weighted by shares and taken from the filings; dividends are not counted. Not scored.

Buying size vs market trading

0.00% · of estimated traded value in the same period

2026-10-08 – 2026-11-04 · 20 recorded trading sessions

Disclosed qualifying purchases: 0 GBP
Estimated market traded value: 32,282,472 GBP

Market-data coverage: 527 verified sessions · Latest session: 2026-11-04 · Ratio status: Available

Recent and largest purchase events / preceding 60-session ADTV

Sep 21 · Ms Priscilla Davies · Director
29,991 GBP · 2.42%
1,238,663 GBP ADTV
Sep 18 · Mr Alastair Hughes · Director
19,991 GBP · 1.67%
1,194,794 GBP ADTV
Sep 16 · Mrs Heena Patel · PCA to Mr Sanjay Patel
11,994 GBP · 1.13%
1,058,713 GBP ADTV
Sep 15 · Mr Richard Dakin · Non-Executive Director
20,050 GBP · 2.05%
979,328 GBP ADTV

Traded value is estimated as close × shares traded, in major currency units. Includes disclosed qualifying purchases; disclosures may lag. Contractual or planned acquisitions are not necessarily discretionary. Ratios describe relative trading size, not market participation or score contributions.

Sector context

Real Estate

Buying breadth: 9.9% (35 / 355 issuers)
Sector rank: #3 / 12
7D breadth change: -1.4 pp · vs 2026-10-29 (7d)
30D breadth change: -1.6 pp · vs 2026-10-06 (30d)

This is sector-level research context. It does not affect the Insider Signal or ranking.

View Europe sector research →

Insider profile outcomes

Historical performance following insider filings. The company role is translated below each name while preserving the original title.

Excess return = stock return − FTSE 100 return over the same period.
Hit rate = completed events with positive excess return ÷ total completed events.
Price coverage = valid point-in-time prices ÷ events mature enough for that period.
Returns start on the first shared trading session on or after publication.
Small-sample rule: n<5 is shown for transparency and is not scored.

Events are disclosure-level observations; related disclosures published on the same date may share a return path and may not be statistically independent. This research enrichment does not affect the insider score or ranking.

Mr Alastair HughesDirector1 completed 20D event(s)

Period	Completed events	Price coverage	Hit rate	Median excess return	Average excess return	Worst excess return
5D	1Small sample	100.0% (1/1)	100.0% (1/1)	+0.0%	+0.0%	+0.0%
20D	1Small sample	100.0% (1/1)	100.0% (1/1)	+3.0%	+3.0%	+3.0%
60D	0No data	Awaiting maturity	—	—	—	—
120D	0No data	Awaiting maturity	—	—	—	—

First purchase in 12M

1/1

Large purchase ≥ €100k

0/1

Cluster buying · 15D

1/1

Buying the dip · ≥20% below prior 52W high

1/1

Routine / opportunistic

Not classifiable

Mr Richard DakinNon-Executive Director1 completed 20D event(s)

Period	Completed events	Price coverage	Hit rate	Median excess return	Average excess return	Worst excess return
5D	1Small sample	100.0% (1/1)	0.0% (0/1)	-0.3%	-0.3%	-0.3%
20D	1Small sample	100.0% (1/1)	0.0% (0/1)	-1.6%	-1.6%	-1.6%
60D	0No data	Awaiting maturity	—	—	—	—
120D	0No data	Awaiting maturity	—	—	—	—

First purchase in 12M

1/1

Large purchase ≥ €100k

0/1

Cluster buying · 15D

0/1

Buying the dip · ≥20% below prior 52W high

1/1

Routine / opportunistic

Not classifiable

Mrs Heena PatelPCA to Mr Sanjay Patel1 completed 20D event(s)

Period	Completed events	Price coverage	Hit rate	Median excess return	Average excess return	Worst excess return
5D	1Small sample	100.0% (1/1)	0.0% (0/1)	-0.9%	-0.9%	-0.9%
20D	1Small sample	100.0% (1/1)	0.0% (0/1)	-0.5%	-0.5%	-0.5%
60D	0No data	Awaiting maturity	—	—	—	—
120D	0No data	Awaiting maturity	—	—	—	—

First purchase in 12M

1/1

Large purchase ≥ €100k

0/1

Cluster buying · 15D

1/1

Buying the dip · ≥20% below prior 52W high

1/1

Routine / opportunistic

Not classifiable

Market context

PRICE PERFORMANCE

+9.0%

-2.7%

-8.5%

12M

-18.9%

VOLATILITY & LIQUIDITY

Volatility: 23.2%
Beta: 0.53
Avg daily volume: £1.8M
20-session drawdown: -1.9%
60-session drawdown: -13.9%
Latest volume / prior median: 1.2×

VALUATION

Market cap: £386.0M
Market cap (EUR ref.): €462.9M
P/E: 13.6×

FUNDAMENTALS

Revenue: —
Net income: $14.1M
Operating profit: —
Equity: $297.9M
Cash: —
Debt: —
Operating cash flow: —
Free cash flow: —
Profit margin: 45.2%
ROE: 4.7%
Industry: REIT - Diversified

Prices to 04 Nov 2026: price cache (Yahoo Chart/risk profile, yfinance). From OpenBB/yfinance, captured 29 Oct 2026: Market cap, P/E, Profit margin, ROE, Beta, Industry. From the company's annual report ↗, fiscal year ended 31 Mar 2026: Net income, Equity. ECB EUR reference rate dated 2026-11-05; it is not a trade-date conversion. It does not affect the insider score or rank.

Dividends

Dividend yield: 8.4%at 42.90p
Last 12 months: 3.59pper share
Payout ratio: 124%of 12-month earnings
Latest ex-dividend: 2026-08-200.90p
Frequency: Quarterly
Dividend growth: +4.2%a year, 2022–2025
By year

By year

Year	Payments	Cash per share
2026 (so far)	3	2.69p
2025	4	3.59p
2024	4	3.42p
2023	4	3.33p
2022	4	3.17p

Yahoo Finance: cash dividends by ex-dividend date, the latest close, the payout ratio (dividends ÷ 12-month earnings per share) and announced dates; special dividends included, stock dividends and splits not. Not part of any score.

Disclosed net short positions

Aggregate net short: 0.34%
Latest position date: 14 Oct 2026

The FCA publishes one aggregate figure per issuer, the sum of all positions notified to it, and does not name the holders. Source: FCA · read 06 Nov 2026

Short-position disclosures are external context; they do not affect the insider score, ranking, or filing eligibility.

Insiders and institutions

Insiders, ranking window: €98.4k net bought · buyers: 4 · last 2026-09-21

Short sellers

Sum of published positions: 0.34%register total
Change, about 4 weeks: +0.00 ppfrom 0.34% on 2026-10-16
Change, about 12 weeks: −3.50 ppfrom 3.84% on 2026-08-21
Published short, 6 months: line: insiders' last purchase

The published short positions changed little while insiders bought.

Source: FCA, read 2026-11-06. Where holders are named, only positions of 0.5% of issued capital or more are published, so these are lower bounds and a change is a change in what was published. Context only; not part of the score. All companies where insiders buy and short sellers hold positions →

Latest news

No news has been captured for this company.

Regulatory filings

Insider filing announcement · published 2026-09-21 · trade date 2026-09-21
Insider filing announcement · published 2026-09-18 · trade date 2026-09-18
Insider filing announcement · published 2026-09-16 · trade date 2026-09-16

Unfold all 4 filings

Insider filing announcement · published 2026-09-21 · trade date 2026-09-21
Insider filing announcement · published 2026-09-18 · trade date 2026-09-18
Insider filing announcement · published 2026-09-16 · trade date 2026-09-16
Insider filing announcement · published 2026-09-15 · trade date 2026-09-15

Filing evidence

These are underlying national-feed records from the 365-day window ending on the saved ranking snapshot. The score uses only the latest 180 days; older qualifying equity purchases remain visible for audit but do not enter the current score. The original filer, role, transaction classification, instrument, price, volume, value and source fields are retained. The first three rows are shown; remaining records can be unfolded for audit. Other transaction types are retained but excluded from the score.

Excluded transactions & classification

4 qualifying purchase disclosure(s) · 4 transaction line(s)

Trade Sep 21, 2026Share purchase

Ms Priscilla Davies · Director

Published Sep 21, 2026 · Ordinary shares of no par value ISIN: GB00B01HM147 · 72447 shares × 0.413978 GBP · —

Open filing

Trade Sep 18, 2026Share purchase

Mr Alastair Hughes · Director

Published Sep 18, 2026 · Ordinary shares of no par value ISIN: GB00B01HM147 · 49000 shares × 0.407989 GBP · —

Open filing

Trade Sep 16, 2026Share purchase

Mrs Heena Patel · PCA to Mr Sanjay Patel

Published Sep 16, 2026 · Ordinary shares of no par value ISIN: GB00B01HM147 · 29779 shares × 0.40278 GBP · —

Open filing

Unfold all 1 remaining filing row(s)

Transaction date	Published	Filer	Role	Transaction	Instrument	Price (local currency)	Quote currency	Volume	Source
2026-09-15	2026-09-15	Mr Richard Dakin	Non-Executive Director	Share purchase	Ordinary shares of no par value ISIN: GB00B01HM147	0.400997 GBP	GBP	50000	Open filing

Showing 4 of 4 matching raw-feed row(s) from the current 365-day research window. Prices and reported values remain in the filing currency and its major unit (for example, UK pence are parsed as GBP). The screen-level € aggregate is separately FX-normalised for research ranking, not a trade-date conversion.

Other disclosed transactions · excluded from score

The underlying filing feed is unavailable in this snapshot; this is not a claim that no filings exist.

Follow new disclosures

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Model & Sources

Signal history

71.1 / 100

Latest recorded score

↓ -3.0 ptsversus the comparable snapshot on 2026-10-06 (30 calendar days apart)

Recorded snapshots: 32
First snapshot: 2026-09-23

Only scores captured when the scoring run completed are compared. These are raw signal scores saved when each full scoring run completed. They describe changes in research ranking, not price performance or returns.

Why did it change?

Decomposition across the five score factors between comparable snapshots; historical scores are not recalculated.

How recent-3.1 pts

Signal score history

Fixed 0–100 scale; dates are spaced by calendar time.

Recent recorded points

Sep 23, 202679.3
Oct 3, 202675.3
Oct 13, 202672.8
Oct 21, 202671.9
Nov 5, 202671.1

View all recorded scores

Snapshot date	Signal score
2026-09-23	79.3
2026-09-24	78.7
2026-09-25	78.2
2026-09-28	76.7
2026-09-29	76.3
2026-09-30	76.0
2026-10-01	75.6
2026-10-02	75.3
2026-10-03	75.3
2026-10-04	75.3
2026-10-05	74.4
2026-10-06	74.1
2026-10-07	73.9
2026-10-08	73.7
2026-10-09	73.5
2026-10-12	72.9
2026-10-13	72.8
2026-10-14	72.6
2026-10-15	72.5
2026-10-16	72.4
2026-10-18	72.3
2026-10-19	72.1
2026-10-20	72.0
2026-10-21	71.9
2026-10-22	71.8
2026-10-23	71.7
2026-10-27	71.5
2026-10-28	71.4
2026-10-29	71.3
2026-11-03	71.1
2026-11-04	71.1
2026-11-05	71.1

Why this score? · Model details

Priority = 100 × Σ(fixed weight × 0–1 rule-based input)

Factor	Weight	This company input	Point contribution
15-day buyer breadth (count)	35%	1.000	35.0
Qualified-buy size	25%	0.745	18.6
Role informativeness (inverted)	20%	0.350	7.0
Recency	10%	0.044	0.4
Buy/sell conviction	10%	1.000	10.0

This is a heuristic ordering under the current rules, not a calibrated return forecast. It explains why candidates rank differently; the public-filing evidence and data limits are shown below.

Snapshot & identity

Snapshot date: 2026-11-05
Ticker: SREI.L
ISIN: GB00B01HM147
Sector: Real Estate
Industry: REIT—Diversified

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