The Board of UK Commercial Property REIT Limited announced the appointment of Peter Pereira Gray as an independent Non-executive Director and Chair-Elect, with immediate effect. Peter Pereira Gray is a resident of the UK and has a wide range of experience of global institutional investment markets having served on the Investment Committee of the Wellcome Trust from February 2001 to his recent retirement from executive duties in September 2022. His last position at Wellcome was as Chief Executive and co-leader of the Investment Division, overseeing a $50 billion global unconstrained total return investment portfolio.

Previously he was a Director of Property Fund Management with Prudential Portfolio Managers Ltd, and before that, an adviser with Drivers Jonas, Chartered Surveyors. Mr. Pereira Gray was Co-Chair of the Institutional Investors Roundtable, (a global gathering of asset owners and long-term institutional investors) between November 2018 and June 2021. Mr. Pereira Gray is Chair of Urban&Civic Plc., the UK's leading master-planner and strategic land development company, and of Premier Marinas Holdings Ltd., the UK's leading operator of Marinas and Boatyards on the South Coast.

He is a fellow of the Royal Institution of Chartered Surveyors and the Royal Society of Arts and was the independent lead for the RICS Review of Investment Property Valuations published in January 2022. Mr. Pereira Gray has a direct interest in 100,000 ordinary shares in the capital of the Company.