REG - Alternative Inc REIT - Change of Investment Adviser

Alternative Income REITAnnouncement

18/03/2024 07:00

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RNS Number : 1350H  Alternative Income REIT PLC  18 March 2024

18 March 2024

Alternative Income REIT plc

(the "Company")

CHANGE OF INVESTMENT ADVISER

 

The Board is pleased to announce the appointment of Martley Capital Real
Estate Investment Management Limited (Martley Capital), as the Group's
Investment Adviser following the completion of final regulatory approvals, as
referred to in the Results for the Half Year ended 31 December 2023 RNS on 1
March 2024. The appointment of Martley Capital was by way of a deed of
novation of the Group's investment advisory agreement (and subsequent minor
changes thereto) leaving the parties on substantially the same terms and at
an unchanged fee.

 

 

ENQUIRIES

 Alternative Income REIT PLC                                via H/Advisors Maitland below

 Simon Bennett - Chairman

 Martley Capital Real Estate Investment Management Limited  +44 (0)20 4551 1240

 Richard Croft
 Jane Blore

 Panmure Gordon (UK) Limited                                +44 (0)20 7886 2500
 Alex Collins
 Tom Scrivens

 H/Advisors Maitland (Communications Adviser)               +44(0) 7747 113 930
 James Benjamin                                             aire-maitland@h-advisors.global

 

The Company's LEI is 213800MPBIJS12Q88F71.

 

Further information on Alternative Income REIT PLC is available
at www.alternativeincomereit.com (about:blank) (1)

 

About the Group

Alternative Income REIT PLC aims to generate a sustainable, secure and
attractive income return for shareholders from a diversified portfolio of UK
property investments, predominately in alternative and specialist sectors. The
majority of the assets in the Group's portfolio are let on long leases which
contain inflation linked rent review provisions, which help to underpin income
distributions to shareholders with the potential for income and capital
growth.

 

The Martley Capital Group is a full-service real estate investment management
platform whose activities cover real estate investing, lending, asset
management and fund management. It has over 40 employees across five offices
in the UK and Europe. The team manages assets with a value of circa €720
million (at 31 December 2023). The Martley Capital Group launched in December
2023 as a new venture whereby key members of the incumbent advisory team at M7
Real Estate will continue to service the Company as part of the Martley
Capital team.

 

Notes

(1  )   Neither the content of the Company's website, nor the content of
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.

 

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