REG - Warehouse REIT PLC - Non Executive Director Appointment

Warehouse ReitAnnouncement

13/09/2023 07:15

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RNS Number : 2224M  Warehouse REIT PLC  13 September 2023

13 September 2023

 

Warehouse REIT plc

(the "Company" or "Warehouse REIT", together with its subsidiaries, the
"Group")

 

Non Executive Director Appointment and Board Committee Changes

 

Warehouse Reit announces the appointment of Dominic O'Rourke as an independent
non-executive director, effective immediately.

 

Dominic is currently Group Property Director for FTSE 100 retailer Next plc, a
role he has held since 2014, where he oversees Next's real estate activities
across retail and store development, distribution and facilities management.
Prior to this, he spent 13 years at Land Securities Group plc, where he was a
Director and Retail Executive Committee Member.

 

The appointment of Dominic forms part of Warehouse REIT's board succession
strategy, following Martin Meech's decision not to stand for re-election at
the Company's Annual General Meeting ("AGM") in order to take up an executive
position in the real estate industry.

 

Following these changes Dominic will join the Audit & Risk and
Sustainability Committees and becomes Head of the Management Engagement
Committee.

 

Aimee Pitman, an existing non-executive director, will assume the role of
Senior Independent Director.

 

Neil Kirton, Chairman of the Board of Directors, commented: "Dominic brings
highly relevant and deep real estate experience alongside an occupier's
perspective and the Company looks forward to benefitting from his significant
experience.

 

"Martin joined the Board at IPO and has been a highly valued colleague. He has
made a significant contribution to our development as a listed company and we
wish him well for the future. On behalf of the Board I would like to thank him
for all his efforts."

 

There is no additional information that is required to be disclosed pursuant
to Listing Rule 9.6.13.

 

Enquiries

 Warehouse REIT plc                                             via FTI Consulting

 Tilstone Partners Limited                                      +44 (0) 1244 470 090

 Simon Hope, Peter Greenslade, Jo Waddingham

 G10 Capital Limited (part of the IQEQ Group), AIFM              +44 (0) 20 7397 5450

 Maria Baldwin

 FTI Consulting (Financial PR & IR Adviser to the Company)

 Dido Laurimore, Richard Gotla, Oliver Parsons                  +44 (0) 20 3727 1000

 

Further information on Warehouse REIT is available on its website:
http://www.warehousereit.co.uk (http://www.warehousereit.co.uk)

 

Notes

Warehouse REIT is a FTSE 350 UK Real Estate Investment Trust that invests in
UK warehouses, focused on multi-let assets in industrial hubs across the UK.

 

We provide a range of warehouse accommodation in key locations which meets the
needs of a broad range of occupiers.  Our focus on multi-let assets means we
provide occupiers with greater flexibility so we can continue to match their
requirements as their businesses evolve, encouraging them to stay with us for
longer.

 

We invest in our business by selectively acquiring assets with potential and
by developing opportunities we have created. Through pro-active asset
management we unlock the value inherent in our portfolio, helping to capture
rising rents and driving an increase in capital values to deliver strong
returns for our investors over the long term.

Sustainability is embedded throughout our business, helping us meet the
expectations of our stakeholders today and futureproofing our business for
tomorrow.

 

The Company is an alternative investment fund ("AIF") for the purposes of the
AIFM Directive and as such is required to have an investment manager who is
duly authorised to undertake the role of an alternative investment fund
manager ("AIFM"). The AIFM and the Investment Manager is currently G10 Capital
Limited (Part of the IQEQ Group).

 

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