The Board of Home REIT plc announced the appointment of Michael O'Donnell to succeed Lynne Fennah as Independent Non-Executive Chair. Michael will become Chair with immediate effect, with Lynne remaining on the Board as a Non-Executive Director to provide continuity. Michael is currently a Non-Executive Director and chairs the Remuneration Committee of Big Yellow Group PLC, the FTSE 250 self-storage company, having been a member of its board since September 2021.

He was previously a Non-Executive Director and Chair of the Remuneration Committee at Helical plc (2011-2019). With a background in private equity and complex restructuring situations, he has chaired numerous businesses in challenging circumstances, several of which have had a significant real estate element. He also has experience in the social care and wider healthcare services sectors, including as Chair of Cygnet Health Care (2013-2014), one of the UK's leading providers of mental healthcare services, overseeing the eventual sale of the business.