Home REIT: Rent collection to vary ‘month on month’ as legal action progresses
Rent collected in March amounted to 8% of the total rent invoiced to tenants
Home Reit
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Home Reit sells 63 more properties for £6.1m
451 properties sold since August 2023
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AEW Europe CEO Wilkinson: Why we took on beleaguered Home Reit
Rob Wilkinson also discusses why the UK has been the firm’s favoured European region over the last two years
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Home REIT threatens legal proceedings against parties ‘responsible for wrongdoing’
Amid the FCA’s investigation into the investment company
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Home Reit sells additional 117 properties
Sale totals £5.6m, or 1.4% of portfolio
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FCA launches investigation into Home Reit
The trust’s board said it will cooperate fully with the regulator
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Home Reit collects 10% of owed rent as stabilisation process rumbles on
Delayed annual results expected to be published in Q2
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Home Reit sells further 103 properties to reduce debt
1.6% of the trust’s portfolio sold for £6.6m
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Home Reit chair steps down with rest of the board to follow
Michael O’Donnell named as Lynne Fennah’s successor
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Home Reit collects 12% of invoiced rent in December
Further 98 properties sold at auction for a total £26.5m
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Home Reit shareholders progress compensation claim after portfolio revaluation
Harcus Parker has sent a letter of claim on behalf of over 250 claimants, including institutional shareholders
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Home Reit sees £564m wiped from portfolio value after reassessment
‘Very material reduction’ came as a result of external inspections