Important Information

The material contained herein are not for release, publication or distribution, directly or indirectly, in whole or in part, to U.S. persons or in or into the United States, Canada, Japan, Australia or the Republic of South Africa or in any other jurisdiction where to do so would constitute a violation of the relevant laws or regulations of such jurisdiction.

The information contained herein does not constitute an offer of securities for sale or a solicitation of an offer to purchase securities in the United States or in any jurisdiction or jurisdictions in which such offers or sales are unlawful. The securities referred to herein and on the pages that follow have not been nor will they be registered under the US Securities Act of 1933, as amended (the “Securities Act”), or with any securities regulatory authority of any state or other jurisdiction of the United States and may not be offered, sold, resold, taken up, exercised, renounced, transferred, delivered or distributed, directly or indirectly, within the United States or to or for the account or benefit of U.S. Persons (as defined in Regulation S of the Securities Act) except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and in compliance with any applicable state securities laws of any state or other jurisdiction of the United States. The information contained herein does not constitute a public offer of securities in the United States, Canada, Japan, Australia or the Republic of South Africa or any jurisdiction in which such an offer would constitute a violation of the relevant laws or regulations of such jurisdiction. Alternative Income REIT PLC has not been and will not be registered under the U.S. Investment Company Act of 1940, as amended, and investors are not entitled to the benefits of that Act.

Subject to certain exceptions, the securities referred to herein and on the pages that follow may not be offered, sold, resold, taken up, exercised, renounced, transferred, delivered or distributed, directly or indirectly, in Canada, Japan, Australia or the Republic of South Africa or to any resident or citizen of Canada, Japan, Australia or the Republic of South Africa. The securities referred to herein have not been and will not be registered under the applicable securities laws of Canada, Japan, Australia or the Republic of South Africa.

Recipients of this information in any other jurisdiction should inform themselves about and observe any applicable legal requirements in their jurisdiction.

The distribution in the UK of the information provided herein is restricted by law. Accordingly such information is directed only at (a) persons outside the United Kingdom to whom it is lawful to communicate it, or (b) persons having professional experience in matters relating to investments who fall within the definition of “investment professionals” in Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (as amended) (the “Financial Promotion Order”), or (c) high net worth companies, unincorporated associations and partnerships and trustees of high value trusts as described in Article 49(2) of the Financial Promotion Order provided that in the case of persons falling into categories (b) or (c), the communication is only directed at persons who are also “qualified investors” as defined in section 86 of the Financial Services and Markets Act 2000 (each a “Relevant Person”). Any investment or investment activity to which the information in this website relates is available only to, and will be engaged in only with, such Relevant Persons.

CONFIRMATION OF UNDERSTANDING AND ACCEPTANCE OF DISCLAIMER

By clicking on the “Agree” button you represent, warrant and agree that you (1) have read and understood the information set out above, (2) agree to be bound by its terms, (3) do not have a registered address in, and are not resident  or located in the United States, Canada, Japan, Australia or the Republic of South Africa  or any other jurisdiction where accessing these materials is unlawful and are not a U.S. Person (as defined in Regulation S of the Securities Act), (4) are a Relevant Person and (5) agree that you will not transmit or otherwise send any information contained in this website to any person in the United States, Canada, Japan, Australia, the Republic of South Africa or any other territory where to do so would breach applicable local law or regulation or would require registration or licensing within such jurisdiction.

I have read and understood the disclaimer set out above.

I understand that it may affect my rights and I agree to be bound by its terms.

By clicking on the “Agree” button, I confirm that I am permitted to proceed to electronic versions of the materials:

Agree

AEW UK Long Lease buys industrial buildings in Sittingbourne for £3.9m

AEW UK Long Lease REIT (“the Company”) is pleased to announce that it has purchased two industrial buildings on the Eurolink Industrial Estate, Sittingbourne for £3.9m, reflecting a net initial yield of 6.3%.

 

The property comprises two warehouse buildings totalling 43,636 sq ft let to Doré Metals Services Southern Ltd, which has had its headquarters on the site since 2007. The lease provides a new 15 year term expiring in September 2033 and has 5 yearly RPI linked rent reviews.

The site is located on the established Eurolink Industrial Estate in central Sittingbourne, with excellent access to the M2 and M20 and one mile from Sittingbourne station. Other occupiers in the vicinity include Everest and B+M Steel. The surrounding area comprises a mix of residential, industrial and commercial uses.

Alex Short, Director of AEW UK Investment Management LLP, and Portfolio Manager of the Company said:
“Demand for industrial property in the South East makes this a great addition to our diverse portfolio. Given this strong demand, we think that the property provides good potential for rental growth over the long term, both from its inflation linked uplifts and in terms of open market levels as well.”

The Company is targeting an annual dividend of 5.5 pence per share paid quarterly, with an ambition to grow in line with UK inflation thereafter.

ENDS

About AEW UK Long Lease REIT

AEW UK Long Lease REIT plc (LSE: AEWL) aims to generate a sustainable, secure and predictable income return, whilst at least maintaining capital values in real terms, by investing in a diversified portfolio of UK properties, with an attractive entry yield, predominately in alternative and specialist sectors. It will invest in a diverse range of sectors that are underrepresented in institutional portfolios including leisure, healthcare, education, hotels, student accommodation, supported living and automotive. At its IPO on June 6 2017, AEWL raised £80.5m from institutional and retail investors. At least 85% of the gross passing rent from the portfolio’s leases will contain inflation linked rent reviews, and average initial unexpired leases in excess of 18 years at the time of investment.

www.aewukllreit.com

About AEW UK Investment Management LLP

AEW UK Investment Management LLP employs a well-resourced team comprising 25 individuals covering investment, asset management, operations and strategy. It is part of AEW Group, one of the world’s largest real estate managers, with €59.3bn of assets under management as at 31 March 2018. AEW Group comprises AEW SA and AEW Capital Management L.P., a U.S. registered investment manager and their respective subsidiaries. In Europe, as at 31 March 2018, AEW Group managed nearly €30bn in value in properties of all types located in 15 countries, with close to 400 staff. The Investment Manager is a 50:50 joint venture between the principals of the Investment Manager and AEW.

About AEW

AEW is one of the world’s largest real estate asset managers, with nearly €60bn of assets under management as at 31 March 2018. AEW has over 600 employees, with its main offices located in Boston, London, Paris and Hong Kong and offers a wide range of real estate investment products including comingled funds, separate accounts and securities mandates across the full spectrum of investment strategies. AEW represents the real estate asset management platform of Natixis Investment Managers, one of the largest asset managers in the world.

As at 31 March 2018, AEW managed nearly €30bn of real estate assets in Europe on behalf of a number of funds and separate accounts. AEW has close to 400 employees based in 10 offices across Europe and has a long track record of successfully implementing Core, Value-Add and Opportunistic investment strategies on behalf of its clients. In the last five years, AEW has invested and divested a total volume of over €17.5bn of real estate across European markets.

www.aeweurope.com