LONDON - Triple Point Social Housing REIT plc announced the appointment of Bryan Sherriff as an Independent (LON:IOG) Non-Executive Director, effective from January 1, 2025. Sherriff will also join the Audit Committee, Nomination Committee, and Sustainability & Impact Committee of the company.
With over three decades of experience in property investment, development, and management, Sherriff brings extensive industry knowledge to the board. His current role as Managing Director of ColdSpring positions him as a consultant to institutional investors and private family offices. Sherriff’s governance experience is further demonstrated through his positions as a Governor of George Heriot (JO:HETJ)'s Trust and a Non-Executive Director of both Hillcrest Enterprise and Places for People Scotland. His professional background includes serving as Development Director and Head of Asset Management at Halladale plc, and establishing Drum Income Plus REIT plc where he was Fund Manager until November 2021. Sherriff is a Chartered Surveyor and a fellow of the Royal Institution of Chartered Surveyors (FRICS).
The appointment is part of a planned succession strategy as current directors Chris Phillips, Ian Reeves, and Peter Coward are nearing the end of their nine-year tenures in 2026. Sherriff will replace Ian Reeves, who is set to step down at the 2025 Annual General Meeting following a structured transition.
Chris Phillips, Chair of Triple Point Social Housing REIT, expressed enthusiasm for Sherriff's arrival, citing his valuable experience in the sector.
In related news, the company recently signed a new alternative investment fund management agreement and has applied to change its name to "Social Housing REIT plc." A future announcement will provide details in accordance with UK Listing Rules.
Triple Point Social Housing REIT focuses on investment in UK social housing assets, primarily newly developed properties with a particular emphasis on supported housing. The assets are mostly subject to long-term, inflation-linked leases with Approved Providers such as Housing Associations and Local Authorities. The company was listed on the London Stock Exchange (LON:LSEG)'s Specialist Fund Segment in August 2017 and migrated to the Main Market in March 2018, operating as a UK Real Estate Investment Trust and included in the FTSE EPRA/NAREIT index.
This article is based on a press release statement.
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