Completion of Nominated Adviser Due Diligence

KCR Residential REIT plc

("KCR" or the "Company")

Completion of Nominated Adviser Due Diligence

KCR Residential REIT plc, the residential REIT group, is pleased to announce that further to the appointment of Cairn Financial Advisers LLP ("Cairn") as its Nominated Adviser on 28 April 2022, Cairn has confirmed that it has satisfactorily completed its due diligence and accepted the appointment.

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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.