Home REIT plc (ticker: HOME), which funds the acquisition and creation of high-quality properties across the UK which are dedicated to providing accommodation for homeless people, announces that it has acquired a further 156 properties (the “Properties”) for a total purchase price of £42.4 million (including acquisition costs).

Following the latest tranche of investments, since inception, the Company has deployed a total of £0.7 billion at a weighted average net initial yield of 5.86%, ahead of the initial forecast of the Company and in accordance with the Company’s strict investment criteria, providing much needed housing for vulnerable homeless people across England and Wales. On January 25, 2022the Company announced that the net proceeds from its heavily oversubscribed share issue of £350 million in September 2021 had been fully deployed.

The properties are located across England, providing 603 additional beds to people in need, while bringing the portfolio’s total to 8,556 and further strengthening its geographic diversification. They are leased for an average term of 25 years at low and sustainable rents, on new, uninterrupted, full repair and insurance leases to seven specialist homeless charities, each of which meets operational and financial criteria. strictness of the Company.

In line with the society’s purpose, the properties provide these charities with the long-term security of tenure they seek and therefore the much-needed stability for their residents, supporting their reintegration into society. Leases are subject to annual upward-only rent reviews, indexed to the consumer price index, with an annual cap and cap of 1%. and 4 percent. respectively. The Company’s offering enables charities and local authorities to realize significant savings compared to more expensive alternative accommodation, such as bed and breakfasts, which are short term and inadequate for the needs of people without vulnerable shelter.

Each of the properties is immediately income-generating and, following these transactions, the combined net initial yield of the Company’s portfolio is above expectations.

Gareth JonesPartner at Alvarium Home REIT Advisors Limitedmentioned:

“Since our inception, we have developed a strong track record of effectively deploying the funds available to us and, more importantly, being prudent, using our existing relationships to access suitable off-market investment opportunities. has created a significant portfolio of bespoke accommodation for homeless people in locations across England and Wales where it’s needed most. As this unfortunate situation becomes more critical, we intend to continue to expand and increase the number of beds we can provide to support the mitigation of this pressing societal challenge.”

The Company’s combined portfolio to date

* High quality, much needed accommodation for vulnerable homeless people, providing essential housing solutions for those fleeing domestic violence, those facing homelessness due to poverty, those suffering from drug and alcohol addiction and mental health problems, those leaving prison and ex-armed forces.

* Low and sustainable rents across the entire portfolio, allowing local authorities to make significant savings compared to less suitable alternative housing.

* Rented to registered charities, housing associations, community interest societies and other regulated organisations, which have a proven track record of providing low cost housing to homeless people and focus on care, support, training and rehabilitation to provide them with the skills and confidence to find long-term housing and enable them to reintegrate into society.

* All rents payable by Home REIT tenants are funded by local and central government support.

* Providing 8,556 beds in 1,736 properties.

* Following the acquisition of the Properties, the Company’s portfolio is further diversified across 118 different local authorities and 28 tenants, with the following geographic exposures (by asset value):

oh London: 15.9%

o North-West: 14.7%

oh yorkshire and the Humber: 13.4%

o North-East: 13.2%

oh East Midlands: 12.5%

o South West: 9.8%

oh West Midlands: 8.0%

o Southeast: 6.4%

o East: 4.9%

oh Wales: 1.2%

FOR MORE INFORMATION, PLEASE CONTACT:

Alvarium Home REIT Advisors Limited

Jamie Beale

Gareth Jones

Charlotte Fletcher via FTI Consulting below Alvarium Securities Limited

Mark Thompson

Eddie Nissen

Olivier Kenyon

+44 (0)20 7016 6711

+44 (0)20 7016 6713

+44 (0)20 7016 6704 FTI Council (Communications Advisor)

Claire Tourvey

Eve Kirmatzis

Ellie Perham Marchant

Oliver Harrison [email protected]

+44 (0)20 3727 1000

The LEI of the Company is: 213800A53AOVH3FCGG44.

For more information, please visit the company’s website: www.homereituk.com

On Home REIT plc

Home REIT plc seeks to contribute to the reduction of homelessness in UKwhile targeting inflation-protected income and capital returns, financing the acquisition and creation of a diversified portfolio of high-quality real estate assets across the UK dedicated to providing accommodation for homeless people. Real estate assets are leased or pre-let under very long leases (typically 20-30 years), containing inflation-indexed or fixed rent review clauses, to registered charities, housing associations, community benefit corporations and other proven regulated organizations. a history of exploitation in the provision of low-cost accommodation to homeless people and who receive a housing allowance or comparable assistance from local or central government to fund the provision of such accommodation to homeless people .

There is a critical need for additional housing for the homeless in the UK, due to a growing homeless population and a lack of available and affordable high-quality, fit-for-purpose supplies to address the issue. Local housing authorities have a legal obligation to secure housing for people who are involuntarily homeless and in priority need, but current housing for the homeless is limited in quantity and often substandard and uneconomical.

The Company is focused on investing in and creating well-located buildings that provide a sustainable level of rent to the tenant. In homeless accommodation assets, the focus is on care, support, training and rehabilitation to provide vulnerable homeless people with the skills and confidence to find long-term housing. and enable them to reintegrate into society. Savings are expected to be made for local authorities and other homeless accommodation providers through lower rents compared to more expensive alternative accommodation.

The Company is listed on the premium segment of the Official List of UK Financial Conduct Authority and its Ordinary Shares have been admitted to trading on the principal market of the London Stock Exchangehigh-end segment, October 12, 2020.

TO FINISH

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