– UK, London – Alternative Income REIT plc (LON: AIRE), the owner of a diversified portfolio of UK commercial property assets predominantly let on long leases, today announced the appointment of Adam C Smith, director and a member of the investment committee of Glenstone Property plc, to its Board as a Non-Executive Director, effective immediately, following the request from Glenstone Property plc for representation on the Board.
About Adam C. Smith
Adam was appointed Managing Director in 2008 of the London and Surrey group of companies (London & Surrey Property Holdings Limited, Amdale Securities Limited, and Deemark Limited). Adam initiated and completed the merger of these companies with Glenstone in 2016. Glenstone is listed on The International Stock Exchange in Guernsey and is a public limited company incorporated in England & Wales which qualifies as a UK real estate investment trust. Formerly an investment and leasing agent with Edwin Hill Chartered Surveyors, he is a professional member of the Royal Institution of Chartered Surveyors.
About Alternative Income REIT PLC
Alternative Income REIT PLC aims to generate a sustainable, secure, and attractive income return for shareholders from a diversified portfolio of UK property investments, predominately in alternative and specialist sectors. The majority of the assets in the Group’s portfolio are let on long leases which contain inflation-linked rent review provisions.
The Company’s investment adviser is M7 Real Estate Limited. M7 is a leading specialist in the pan-European, regional, multi-tenanted real estate market. Majority-owned by its senior managers, it has over 200 employees in 14 countries across Europe. The team manages over 835 properties with a value of circa €5.1 billion.
For more information: https://www.alternativeincomereit.com/
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