The Triple Point Social Housing REIT seeks to address the ongoing housing crisis by investing in the UK social housing sector, providing sustainable high-quality homes which have been adapted for vulnerable adults with long-term care and support needs including mental health issues, learning disabilities, or physical and sensory impairment.
Further to the announcement on 13 September 2024, the Board of Triple Point Social Housing REIT plc announces that after careful consideration it has selected Atrato Partners Limited ("Atrato") to be appointed as the Company's new investment manager.
The formal transition of the investment management services from Triple Point Investment Management LLP to Atrato is expected to occur in January 2025.
In the interim period, the Board and Atrato will work collaboratively with Triple Point, and the Group's other advisers and stakeholders, to affect an orderly transition of services. In particular, the transition period will focus on ensuring that the welfare of the residents of the Group's properties is prioritised, operational performance is preserved and that progress with ongoing corporate initiatives is maintained, as appropriate.