AIFM Deregistration

13 July 2020

KCR Residential REIT plc

("KCR" or the "Company")

AIFM Deregistration

KCR Residential REIT plc, the residential REIT group, announces that following an internal strategic and legal review it has determined that it is no longer necessary for it to maintain its AIFM status. Accordingly, KCR has deregistered as an AIFM.

The deregistration as an AIFM will have no impact on either the Company's REIT status or on the Company's ongoing operations.

Contacts:

Notes to Editors:

KCR's objective is to build a substantial residential property portfolio that generates secure income flow for shareholders. The Directors intend that the group will acquire, develop and manage residential property assets in a number of jurisdictions including the UK.