Change of Adviser

19 January 2023

KCR Residential REIT plc

("KCR" or "the Company")

Change of Adviser

KCR Residential REIT plc (AIM: KCR), the residential REIT group, announces the appointment of Zeus Capital Limited as Broker, with immediate effect. This follows the completion of the acquisition of Arden Partners plc by Zeus Group Limited on 16 January 2023.

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Notes to Editors:

KCR's objective is to build a substantial residential property portfolio that generates secure income flow for shareholders. The Directors intend that the group will acquire, develop and manage residential property assets in a number of jurisdictions including the UK.