RNS announcement

13 September 2023

Warehouse REIT plc

(the "Company" or "Warehouse REIT", together with its subsidiaries, the "Group")

Non Executive Director Appointment and Board Committee Changes

Warehouse Reit announces the appointment of Dominic O'Rourke as an independent non-executive director, effective immediately.  

Dominic is currently Group Property Director for FTSE 100 retailer Next plc, a role he has held since 2014, where he oversees Next's real estate activities across retail and store development, distribution and facilities management. Prior to this, he spent 13 years at Land Securities Group plc, where he was a Director and Retail Executive Committee Member.

The appointment of Dominic forms part of Warehouse REIT's board succession strategy, following Martin Meech's decision not to stand for re-election at the Company's Annual General Meeting ("AGM") in order to take up an executive position in the real estate industry.

Following these changes Dominic will join the Audit & Risk and Sustainability Committees and becomes Head of the Management Engagement Committee.

Aimee Pitman, an existing non-executive director, will assume the role of Senior Independent Director.

Neil Kirton, Chairman of the Board of Directors, commented: "Dominic brings highly relevant and deep real estate experience alongside an occupier's perspective and the Company looks forward to benefitting from his significant experience.

"Martin joined the Board at IPO and has been a highly valued colleague. He has made a significant contribution to our development as a listed company and we wish him well for the future. On behalf of the Board I would like to thank him for all his efforts."

There is no additional information that is required to be disclosed pursuant to Listing Rule 9.6.13.

Enquiries

Further information on Warehouse REIT is available on its website: http://www.warehousereit.co.uk

Notes

Warehouse REIT is a FTSE 350 UK Real Estate Investment Trust that invests in UK warehouses, focused on multi-let assets in industrial hubs across the UK.

We provide a range of warehouse accommodation in key locations which meets the needs of a broad range of occupiers.  Our focus on multi-let assets means we provide occupiers with greater flexibility so we can continue to match their requirements as their businesses evolve, encouraging them to stay with us for longer. 

We invest in our business by selectively acquiring assets with potential and by developing opportunities we have created. Through pro-active asset management we unlock the value inherent in our portfolio, helping to capture rising rents and driving an increase in capital values to deliver strong returns for our investors over the long term. 

Sustainability is embedded throughout our business, helping us meet the expectations of our stakeholders today and futureproofing our business for tomorrow.

The Company is an alternative investment fund ("AIF") for the purposes of the AIFM Directive and as such is required to have an investment manager who is duly authorised to undertake the role of an alternative investment fund manager ("AIFM"). The AIFM and the Investment Manager is currently G10 Capital Limited (Part of the IQEQ Group).