Alternative Inc REIT - Directorate changes

Alternative Income REIT

15/09/2026 07:00

RNS Number : 7187U
  
Alternative Income REIT PLC
  
15 September 2026
  
 


Alternative Income REIT PLC
(the "Company" or "Group" or "AIRE")
 
Directorate changes  
 
Alternative Income REIT plc (ticker: AIRE) announces the re-appointment of Adam Smith as a Non-Executive Director with immediate effect and the subsequent resignation of Simon Bennett as Chair and a Non-Executive Director of AIRE, also with immediate effect.
 
Adam Smith is a real estate investment executive and Chartered Surveyor who previously served as a Non-Executive Director of Alternative Income REIT plc. He was also chair of the management engagement committee.  He is a Director of Glenstone REIT plc, and has experience across public markets, private property companies, and impact investments
 
Following Simon Bennett stepping down from the Board, Stephanie Eastment has agreed to assume the role of Independent Non-Executive Chair, on a short-term interim basis.
 
 
Simon Bennett, outgoing Chair of the Company, commented:
"It has been a pleasure to serve as Chair of Alternative Income REIT over the last three years, but with Glenstone now having achieved voting control of the Company, I believe that this is the right time for me to step down from the Board. It is good to welcome back our former colleague, Adam Smith who I know will be working assiduously for the benefit of all shareholders in the future."
 
 
In accordance with the UK Listing Rules, there is no further information required to be disclosed pursuant to UKLR 6.4.6 R and 6.4.8 R.
 
 
ENQUIRIES




Alternative Income REIT PLC


 




Stephanie Eastment - Interim Chair


Via AIRE's Company Secretary, Hanway Advisory: 0207 409 0181 or by email:
Aire.Cosec@jtcgroup.com
























Shore Capital


020 7408 4090




Gillian Martin








David Coaten


















The Company's LEI is 213800MPBIJS12Q88F71.
 
Further information on Alternative Income REIT PLC is available at www.alternativeincomereit.com1.
 
1 Neither the content of the Company's website, nor the content on any website accessible from hyperlinks on its website or any other website, is incorporated into, or forms part of, this announcement nor, unless previously published on a Regulatory Information Service, should any such content be relied upon in reaching a decision as to whether or not to acquire, continue to hold, or dispose of, securities in the Company.
 
 
NOTES
Alternative Income REIT PLC aims to generate a sustainable, secure and attractive income return for shareholders from a diversified portfolio of UK property investments, with a particular focus on alternative and specialist real estate sectors. The majority of the assets in the Group's portfolio are let on long leases which contain index linked rent review provisions.
 
 




This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
  END
 
 
BOAEAFNLFEKKEAA