Walls & Futures REIT PLC Net Asset Value(s) (5109C)

TIDMWAFR

RNS Number : 5109C

Walls & Futures REIT PLC

11 February 2020

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

11 February 2020

WALLS & FUTURES REIT PLC

("Wall & Futures" or the "Company")

Walls & Futures reports a 15% increase in Net Asset Value Per Share

Walls & Futures REIT plc ("WAFR") the Ethical Housing Investor and developer is pleased to announce that following the completion of the Didcot property in December 2019 and annual valuation of the company's residential property portfolio, it can report that as at 31 January 2020 it has increased its Net Asset Value ("NAV").

The valuation represents a 15 per cent increase to 106 pence per share from 92 pence per share over the last year. The unaudited NAV reflects an independent RICS "Red Book" valuations prepared on an individual asset basis by John D Wood & Co.

Joe McTaggart, CEO of Walls & Futures REIT plc commented:

"We are delighted with the 15% increase in our Net Asset Value per share and demonstrates the benefit of our strategy to originate our own deals and develop our own projects over acquiring ready-made assets from third parties."

-ENDS-

For further information, contact:

Walls & Futures REIT PLC 0333 700 7171

Joe McTaggart, Chief Executive

Website www.wallsandfutures.com

Allenby Capital Limited (Corporate Adviser)

Nick Harriss/James Reeve 020 3328 5656

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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