– 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 Stephanie Eastment to its Board as an Independent Non-Executive Director, effective 1 October 2021.
“We are delighted to welcome Stephanie to the Board as a Non-Executive Director. Her high calibre expertise as Audit Chair, together with her extensive experience, in particular focussing on investment companies and wider financial services, will be hugely valuable to the Company, and we look forward to working with her.” said Board Chairman, Alan Sippetts.
She will also chair the Audit Committee.
The company also announced that Jim Prower will resign as a Director of the Company on the same day.
About Stephanie Eastment
Stephanie Eastment is a non-executive director and audit chair of Murray Income Trust plc, Herald Investment Trust plc and Impax Environmental Markets plc. She is also Fellow of the Institute of Chartered Accountants in England and Wales, a Fellow of The Chartered Governance Institute and a member of the Technical Committee of the Association of Investment Companies. Previously Stephanie was Head of Specialist Funds Company Secretariat and Accounts at Invesco Perpetual, where she had worked since 1996 specialising in the asset management industry with particular focus on investment trusts. Her career spans over 30 years working in financial services including roles at UBS, Wardley Investment Services International and KPMG.
About Alternative Income REIT
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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