CIVITAS SOCIAL HOUSING PLC

(“Civitas” or the “Company“)

The Board of Civitas Social Housing PLC is pleased to announce the Company has, as part of its ongoing investment programme, completed the purchase of a portfolio of regulated social housing for a total consideration of £3.5 million, comprising the freehold interest in 3 supported living properties, with 13 tenancies, in the West Midlands and South East of England. The portfolio is immediately income generating with an initial net yield of 6.0%, based on the purchase price (excluding purchase costs) and was sourced off-market by Civitas Housing Advisors Limited (“CHA”), the Company’s Investment Manager.

Each of the properties within the portfolio is subject to a 25-year lease with one of three specialist Housing Associations – Westmoreland Supported Housing Association (“Westmoreland”), Trinity Housing Association (“Trinity”) and Hilldale Housing Association (“Hilldale”) – focused around supported living, with rents established by the relevant local authority and adjusted annually in line with inflation (CPI) over the full period. These Housing Associations are all Registered Providers, regulated by the Homes and Communities Agency (“HCA”) and are all counterparties to leases within the Company’s previous portfolios.

The properties in the portfolio have been adapted for use as specialist supported living homes for tenants with physical and/or mental disabilities or other care needs, and a care provider for each property is in place.

The portfolio was funded through the Company’s cash resources. In due course, it is intended that leverage will be applied to this portfolio in accordance with the Company’s stated policy and it is expected that this will further enhance the yield achieved from this investment.

The social homes owned by Civitas are provided on a long-term basis to Housing Associations with a wide range of tenants who vary in age profile and in the level of support that each receives.

By acquiring these social homes, and working with Housing Associations, Civitas seeks for tenants to experience a stable, high-quality living environment that offers good visibility of tenure and further, the Company promotes “additionality” by the provision of new equity capital that has the potential to be redeployed in the delivery of new social homes.

Civitas targets the objective of delivering sustainable returns to its shareholders by making socially relevant investments within the regulated social housing sector in England and Wales.

For further information, please contact:

Civitas Housing Advisors Limited

Paul Bridge Tel: +44 (0)20 3709 4622

Andrew Dawber   Tel: +44 (0)20 3709 4626

Cenkos Securities PLC

Sapna Shah     Tel: +44 (0)20 7397 1922

Tom Scrivens   Tel: +44 (0)20 7397 1915

Pagefield

Philip Dennis  Tel: +44 (0)7947 868206

David Leslie    Tel: +44 (0)7584 070274

Notes:

Civitas Social Housing PLC is the first Real Estate Investment Trust offering pure play exposure to social housing in England and Wales.  The Company is managed by Civitas Housing Advisors Limited.  The Company is listed on the premium listing segment of the Official List of the Financial Conduct Authority and was admitted to trading on the main market for listed securities of the London Stock Exchange in November 2016.

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