Business
Change of Investment Adviser
Change of Investment Adviser.
About this update from Alternative Income Reit Plc
[{"type":"text","content":"\n\n18 March 2024\nAlternative Income REIT plc\n(the \"Company\")\nCHANGE OF INVESTMENT ADVISER\n \nThe 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.\n \n \nENQUIRIES\n\n\n\n\nAlternative Income REIT PLC\nSimon Bennett - Chairman\n \n\n\nvia H/Advisors Maitland below\n\n\n\n\n\n\n\n\n\n\n\n\nMartley Capital Real Estate Investment Management Limited\nRichard Croft\n\n\n+44 (0)20 4551 1240\n\n\n\n\nJane Blore\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nPanmure Gordon (UK) Limited\n\n\n+44 (0)20 7886 2500\n\n\n\n\nAlex Collins\n\n\n\n\n\n\n\nTom Scrivens\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nH/Advisors Maitland (Communications Adviser)\n\n\n+44(0) 7747 113 930\n\n\n\n\nJames Benjamin\n\n\[email protected]\n\n\n\n\n \nThe Company's LEI is 213800MPBIJS12Q88F71.\n \nFurther information on Alternative Income REIT PLC is available at www.alternativeincomereit.com1\n \nAbout the Group\nAlternative 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.\n \nThe 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 Re...