Asset Manager: Schroders and Real-Estate Investors

asset manager: Listed among the tenants of its 3 billion worth of properties are the British government, Tata Steel and Lloyd's Bank, according to The Japan Times. But in the era of Brexit nothing is certain, especially traditional London real estate. That's the approach that the UK Real Estate Fund operated by Schroders Plc, the venerable U.K. asset manager, has long taken. So earlier this month the Schroders fund purchased five London-area self-storage facilities for 55 million, making it one of the first institutional investors in this decidedly low-prestige sector. ; What the purchase lacks in cachet, it makes up in demographic logic. And that's creating what Schroders and other real-estate investors see as a Brexit-proof and recession-proof opportunity. Downsizing retirees and the growing ranks of home renters in London are creating a chronic need for somewhere to put all their stuff. (news.financializer.com). As reported in the news.