Home REIT shareholders vote for investment policy change
Required to pursue a managed wind-down
Required to pursue a managed wind-down
Mansit Housing CIC is tenant on 4% of the trust’s portfolio
Size of the trust may be too small for some investors once its £114.6m debt has been paid down, the board said
Lender Scottish Widows revised terms from 5% after Home Reit’s failure to secure refinancing
Trust had total borrowings of £131.8m at the end of May
Noble Tree Foundation is a tenant of 143 of the trust’s properties, making up 7% of its rent roll
600 properties were handed over to Home Reit
Home Long Income fund launched in 2018, two years before Home Reit’s IPO
Rent collected in March amounted to 8% of the total rent invoiced to tenants
451 properties sold since August 2023
Rob Wilkinson also discusses why the UK has been the firm’s favoured European region over the last two years
Amid the FCA’s investigation into the investment company