Triple Point Social Housing REIT welcomes Cecily Davis to its Board as Independent Director

– UK, London –  Triple Point Social Housing REIT plc (LON: SOHO) today announced the appointment of Cecily Davis to its Board as an Independent Non-Executive Director effective from 23 May 2023.

“We are, however, very pleased to welcome Cecily Davis as an Independent Non-Executive Director to the Board. Her considerable experience, in particular in the residential and affordable housing sectors, will be invaluable to the Board and we look forward to working with her.” said Board Chair, Chris Phillips.

The Board also announced that Board member, Paul Oliver will retire from the Board with effect from 30 June 2023.

About Cecily Davis

Cecily Davis has extensive legal, construction, and infrastructure sector experience gained from 30 years as a construction and projects lawyer. She is an Engineering, Procurement and Construction Partner at Fieldfisher and Co-Head of Fieldfisher’s Africa Group. She was formerly a Partner at DLA Piper until 2014 and at Shadbolt & Co until 2005. Cecily has an extensive understanding of the residential and affordable housing sectors, having acted as Non-Executive Director of both L&Q Group and Places for People. Cecily is a Director of 3 M Homes Ltd and is a Trustee of Southwark Charities, which provides almshouses to residents.

About Triple Point Social Housing REIT

The Company focuses on investing in newly developed social housing assets in the UK, with a particular focus on specialized supported housing. The majority of the assets within the portfolio are subject to inflation-linked, long-term, Fully Repairing and Insuring leases with Approved Providers Housing Associations, Local Authorities or other regulated organizations in receipt of direct payment from the local government). The portfolio comprises investments into properties that are already subject to a lease with an Approved Provider, as well as forward funding of pre-let developments but does not include any direct development or speculative development.

There is increasing political pressure and social need to increase the housing supply across the UK which is creating opportunities for private sector investors to help deliver this housing. The Group’s ability to provide forward funding for new developments not only enables the Company to securefit-for-purposee, modern assets for its portfolio but also addresses the chronic undersupply of suitable supported housing properties in the UK at sustainable rents as well as delivering returns to investors.

The Company is a UK Real Estate Investment Trust listed on the premium segment of the Official List of the UK Financial Conduct Authority and is a constituent of the FTSE EPRA/NAREIT index.

For more information:

- DisclaimerNews, data, and statements included in this release are intended exclusively for general information purposes. Talent4Boards does not guarantee that news is accurate or about the correct person and accepts neither liability for the consequences of the reader’s reliance, nor responsibility for the accuracy of the information. Nothing in this release should be considered for decisions about referred securities. Products and brand names may be trademarks or registered trademarks of their respective owners.