Custodian Property Income REIT Announces Board Changes and Future Independence

Custodian Property Income REIT plc, a UK-based investment firm focusing on smaller regional properties, has announced notable changes within its board of directors. Ian Mattioli, a founding director, is stepping down to concentrate on his role as CEO of Mattioli Woods Limited, following its privatization. Nathan Imlach has been appointed as the new non-executive director. Nathan brings experience as a Senior Independent Director of Mortgage Advice Bureau and a strategic adviser at Mattioli Woods.

Imlach's appointment marks the beginning of a transition to a fully independent board by the end of 2025. This change aims to separate the company from its investment manager, Custodian Capital Limited. The chairman, David MacLellan, expressed gratitude for Mattioli's contributions and welcomed the fresh perspective Nathan Imlach offers.