Another Home Reit tenant enters liquidation
Supportive Homes CIC makes up 11.3% of rent demanded in August
Supportive Homes CIC makes up 11.3% of rent demanded in August
Trust has intiated a ‘formal and phased’ succession process
Given the Home Reit saga and TLEI’s suspended shares, PA looks at governance concerns in the investment trust space
Redemption Project CIC made up 11% of the rent demanded by the trust in June
Trust has proposed no longer investing solely in social housing
‘Undeclared potential conflicts of interest’ between individuals associated with Alvarium and third parties
Beleaguered trust also revealed rent collection had fallen to 13.1%
The aim of such investments is laudable, but is the risk too high?
Investment firm criticised the trust’s board for a lack of engagement in due diligence process
Investment firm had until 5pm today (13 April) to make an official offer
Have public board-level disputes underlined the benefit of an open and accountable governance structure?
Board expects to progress with an investment adviser appointment in the coming weeks