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About the company
Alternative Income REIT PLC is a United Kingdom-based closed-ended real estate investment trust (REIT). The Company is the owner of a diversified portfolio of United Kingdom commercial property assets predominantly let on long leases. The Company offers investors a secure, diversified and inflation-linked income return, whilst at least maintaining capital values in real terms, through exposure to alternative and specialist real estate sectors in the United Kingdom. The Company’s focus is to construct a portfolio with a weighted average unexpired lease term in excess of 18 years and inflation linkage on at least 85% of the portfolio's gross passing rent, each at the time of investment. Its property portfolio includes sectors, such as hotel, education, retail warehouse, industrial, leisure, medical/care, car showroom, student accommodation, power station, and petrol station. The Company's investment adviser and administrator is M7 Real Estate Limited.
- Revenue in GBP (TTM)8.05m
- Net income in GBP2.71m
- Incorporated2017
- Employees0.00
- LocationAlternative Income REIT PLC1 King William StreetLONDON EC4N 7AFUnited KingdomGBR
- Phone+44 20 7954 9584
- Websitehttps://www.alternativeincomereit.com/
Profile
| Management group(s) | M7 Real Estate Ltd |
|---|---|
| AIC sector | Property - UK Commercial |
| ISIN | GB00BDVK7088 |
| Launch date | 06 Jun 2017 |
| Share type | Ordinary Share |
| Structure | Investment Trust |
| Base currency | GBP |
Objective
The investment objective of the Group is to generate a secure and predictable income return, sustainable in real terms, whilst at least maintaining capital values, in real terms, through investment in a diversified portfolio of UK properties, in alternative and specialist sectors. The Group will invest in freehold and long leasehold properties across the whole spectrum of the UK property sector, but with a focus on alternative and specialist real estate sectors. Examples of alternative and specialist real estate sectors include, but are not limited to, leisure, hotels, healthcare, education, logistics, automotive, supported living and student accommodation.
Managed by
| Not Disclosed |
|---|
Management & contract fees
M7 will be paid an annual fee of 0.5% of the Company net asset value paid quarterly in advance, subject to a minimum fee of GBP 90,000 per quarter.
Peer analysis
| Company | Revenue (TTM) | Net income (TTM) |
|---|---|---|
| Wynnstay Properties Plc | 2.45m | 1.17m |
| First Property Group PLC | 7.03m | -1.27m |
| Cardiff Property PLC | 678.00k | 1.20m |
| Ground Rents Income Fund PLC | 5.72m | 3.31m |
| Panther Securities P L C | 13.76m | 14.08m |
| Alternative Income REIT PLC | 8.05m | 2.71m |
| Real Estate Investors PLC | 11.51m | -9.41m |
| Town Centre Securities Plc | 30.81m | -17.67m |
Institutional shareholders
| Holder | Shares | % Held |
|---|---|---|
| Hargreaves Lansdown Asset Management Ltd.as of 01 Feb 2024 | 11.55m | 14.35% |
| Quilter Investors Ltd.as of 30 Jun 2023 | 3.54m | 4.40% |
| Charles Stanley & Co. Ltd. (Investment Management)as of 30 Jun 2023 | 2.85m | 3.54% |
| AJ Bell Securities Ltd.as of 01 Feb 2024 | 1.03m | 1.28% |
| IG Markets Ltd.as of 01 Feb 2024 | 794.00k | 0.99% |
| Castlefield Investment Partners LLPas of 01 Feb 2024 | 550.00k | 0.68% |
| HSBC Global Asset Management (UK) Ltd.as of 01 Feb 2024 | 327.00k | 0.41% |
| Walker Crips Investment Management Ltd.as of 01 Feb 2024 | 255.00k | 0.32% |
| Union Bancaire Priv�e, UBP SAas of 01 Feb 2024 | 223.00k | 0.28% |
| iDealing.com Ltd.as of 01 Feb 2024 | 141.00k | 0.18% |
