Kcr Residential Reit PlcLSE: KCR

Change of Adviser

· Issued by Kcr Residential Reit Plc

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.

For further information please contact:

KCR Residential REIT plc

info@kcrreit.com

Russell Naylor, Executive Director

+44 (0)20 7628 5582

Cairn Financial Advisers LLP (Nominated Adviser)

+44 (0)20 7213 0880

James Caithie / Emily Staples / Louise O'Driscoll

Zeus Capital Limited (Broker)

+44 (0)20 3829 5000

Louisa Waddell

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.