Slate Office REIT announced that, upon completion of the Proposed Acquisition, Charles Peach will assume the role of Chief Financial Officer of Slate Office REIT. He will replace Michael Sheehan, who is stepping down from his role as CFO to pursue other opportunities. Peach currently serves as CFO of Yew Grove REIT plc.

Slate Office REIT has made a firm offer to acquire all of the issued and outstanding shares of Yew Grove, which was approved by the shareholders of Yew Grove on December 23, 2021. Subject to and upon completion of the Proposed Acquisition, which is expected to occur in February 2022, Peach will step into the role of CFO of Slate Office REIT. No additional remuneration or incentive will be payable to Peach upon him taking on this role.

Peach has nearly three decades of experience in capital markets, including structuring and raising capital for companies and funds. He started his career with Bear Stearns' Financial Analytics and Structured Transactions group before joining Nomura's Exotic Credit Trading Group. In addition to raising and structuring financing for funds and corporate borrowers, he has advised pension schemes and banks on their funding requirements and strategies.

In 2012, Peach joined the Parapet Capital Advisors management team. He and the team established the Yew Tree Investment Fund targeting Irish office and industrial property and acted as investment adviser to the Yew Tree Fund's Alternative Investment Fund Manager. In April of 2018, Peach became a Director of Yew Grove and was appointed as CFO in June of that same year.

He served on the Investment Committees of both the Yew Tree Fund and Yew Grove. Peach will work closely with the REIT's senior management team to ensure a seamless transition in the coming weeks.