Living Reit Regulatory News (SOHO)

12 June 2018

Triple Point Social Housing REIT plc

(the "Company" or, together with its subsidiaries, the "Group")

ACQUISITIONS UPDATE

The Board of Triple Point Social Housing REIT plc (ticker: SOHO) is pleased to announce that the Group has exchanged contracts to acquire six properties, comprising 27 units, for an aggregate commitment of £4.4 million (excluding costs) of these, four were subject to simultaneous exchange and completion (totalling £1.8 million). The properties are located in East Anglia (3 units), the South West (2 units), the South East (5 units), the West Midlands (4 units), the North West (3 units) and the North East (10 units).

The Group has entered into new FRI leases in respect of each of the properties for a minimum period of 20 years with the ability to extend to 25 years (four properties) and to 30 years (two properties). These leases are with specialist housing associations Falcon Housing Association, My Space Housing Solutions, Chrysalis Supported Association and Inclusion Housing CIC. These housing associations are Registered Providers regulated by the Regulator of Social Housing.

The rents received under the leases are (or will be) subject to annual, upward-only rent reviews, increasing in line with the Consumer Prices Index ("CPI"). The properties comprise specialist, high quality homes refurbished for individuals with mental health and other support and care needs.

The completed properties will generate net initial yield in line with the Company's investment criteria and returns profile.

The acquisitions have been funded from the proceeds of the C Share issue undertaken by the Company in March 2018 (in respect of which a prospectus was published on 7 March 2018 (the "Prospectus")) and, accordingly, the properties will be attributed to the C Share pool (further details of which can be found in the Prospectus).

FOR FURTHER INFORMATION ON THE COMPANY, PLEASE CONTACT:

The Company's LEI is 213800BERVBS2HFTBC58.

Further information on the Company can be found on its website at www.triplepointreit.com.

NOTES:

The Company invests in social housing assets in the UK, with a particular focus on supported housing. The assets within the portfolio will typically be subject to inflation-adjusted, long-term (from 20 years to 25 years), Fully Repairing and Insuring ("FRI") leases with Registered Providers. The portfolio will comprise investments into properties which are already subject to an FRI lease with a Housing Association, Local Authority or other regulated organisation, as well as forward funding of pre-let developments but will not include any direct development or speculative development.

There is increasing political and financial pressure on Housing Associations to increase their housing delivery and this is creating opportunities for private sector investors to participate in the market. The Group's ability to provide forward financing for new developments not only enables the Company to secure fit for purpose, modern assets for its portfolio but also addresses the chronic undersupply of suitable supported housing properties in the UK at sustainable rents and delivering returns to investors.

Triple Point Investment Management LLP (part of the Triple Point Group) is responsible for management of the Group's portfolio (with such functions having been delegated to it by Langham Hall Fund Management LLP, the Company's alternative investment fund manager).

The Company was admitted to trading on the Specialist Fund Segment of the Main Market of the London Stock Exchange on 8 August 2017 and operates as a UK Real Estate Investment Trust.