Alternative Income Reit Plc · LSE:AIRE
Alternative Income Reit — Shareholder Meeting (November 2025)
15 slides from Alternative Income Reit's shareholder meeting presentation, November 2025
Slide 1: Alternative Income REIT plc Annual General Meeting November 2025
Martley Capital Group Alternative Income REIT plc ANNUAL GENERAL MEETING November 2025
Slide 2: Introduction
INTRODUCTION • Good Morning and welcome to my annual round up of all things “Alternative”. • With all the talk being of the Autumn Budget and how the Labour government plan to direct the economy over the next 12 months, it is helpful, and timely, to look back to June 2024, shortly before the General
Slide 3: Capital Value Growth 2024/25
CAPITAL VALUE GROWTH 2024/25 In terms of capital value, last year I introduced the MSCI Capital Value chart and we predicted, dangerously, that this showed the bottom of the market, if you had a positive hat on. A cumulative fall of 4.51% over the year. The market was very slow with very little acti
Slide 4: Capital Value Growth 2024/25
CAPITAL VALUE GROWTH 2024/25 Here is the same slide for the year to June 2025. A cumulative increase of 1.66% over the year. I hate to use the term “Green shoots” but certainly in the industrial sector things looked positive. However, continuing the analogy “these shoots are very tender and may not
Slide 5: Rental Growth 2024/25
RENTAL GROWTH 2024/25 Rental Value Growth has stayed fairly stable with slight improvement in the retail sector, BUT look at the scale on the chart and growth is less than inflation across the board. The Occupier Market is very cautious. Reeling from the National Insurance & Minimum Wage rises in La
Slide 6: AIRE - Update
AIRE - UPDATE Fair Value Rental Value growth growth 0.21% 2.14% Q3 2025 Q3 2025 MSCI IPD UK MSCI IPD UK Quarterly 0.16% Quarterly 0.74% index index As announced on 5 November 2025, the AIRE portfolio has shown an increase in fair value of 0.2% for the quarter to 30 September 2025 ahead of the market
Slide 7: Portfolio Highlights
PORTFOLIO HIGHLIGHTS WALT to Net Initial 17.0 years 7.1% Occupancy 100% expiry Yield Champneys WALT to Index- Beauty 15.3 years 92.4% Purchase School, break linked Tring The AIRE portfolio has 20 properties with a long term, secure and attractive income flow with predominantly indexed linked rent re
Slide 8: Income
INCOME Objective “To generate a secure and stable income return, that is sustainable in real terms” income and rent reviews are essential. Rent Collection Averaging 95% received on the quarter day, AIRE continues to show 100% rent collection. 91% paid quarterly & 9% monthly. Rent Reviews Actual Year
Slide 9: Purchases
PURCHASES In December 2024, we purchased Champney’s Beauty School in Tring, using the remaining funds from the Canada Life Sales Proceeds Account. As is our collaborative management approach, we have been working closely with Champneys to help them put in place a robust maintenance programme, upgrad
Slide 10: Sales
SALES Our strategy is to make opportunistic disposals to maximise returns, typically by crystallising marriage value & finding special purchasers. It is often all about timing. The recent sale in Crawley, on 24 October 2025, was just that. Crawley Avenue, Crawley - Petrol filling station - Business
Slide 11: Management
MANAGEMENT Environmental Targets Building Safety Act The Building Safety Act is no longer something new. We are all coming to Global sentiment seems to be turning against environmental and net zero terms with the nuances of it. This is essential where an interest is held in an policies but these sti
Slide 12: Policy Review & Refinancing
POLICY REVIEW & REFINANCING This year marks 7 years since the fund was founded. During the year we have been working on two key operating changes to set ourselves up for the next 7 years. Firstly, at the November 2024 AGM, we agreed changes to the investment policy changing the portfolio targets to
Slide 13: Refinancing of Group's Debt
REFINANCING OF GROUP’S DEBT Secondly, and outside the reporting year, on the due date of 20 October 2025, the Group’s Canada Life £41.0 million loan facility was repaid. The Group secured new long-term debt facilities with HSBC totalling £41.0 million, for a fixed term of 5 years with a 2 years exte
Slide 14: 2026 & Beyond
2026 & BEYOND • Retain secure rental income. • Values should remain stable. • Economy likely to continue to be uncertain. The security of the Group’s long dated, inflation linked portfolio should provide excellent downside protection. The re-financing and policy review carried out this year provides
Slide 15: Martley Capital Group
Martley Capital Group The Rookery 4th Floor 2 Dyott Street London WC1A 1DE info@martleycap.com www.martleycapital.com +44 (0) 20 4583 6169 LONDON ⚫ SUFFOLK ⚫ WARSAW ⚫ BUDAPEST ⚫ ZAGREB 15
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